Pros

-- A nice and friendly work environment
-- Good benefits and other facilities
-- Reasonable pay
-- Excellent learning opportunities and lots of cool technology

Cons

-- Many in management are pretty clueless.
-- There is an overall lack of accountability.
-- Lots of politics and favoritism, especially in the middle management layers.
-- There seems to be an overall lack of strategy in many areas; decision making is often not quick and clear.

Advice to Senior Management

Please decide what you want to focus on, and execute on those decisions. Stop playing favorites and hold people accountable. Make decisions that are right for the business, and do not bend over backwards just to make some people happy.