Pros

1) challenging work
2) fun environment
3) you are free to evaluate your manager and approach senior management.
4) easy accessibility to senior managers.
5) Open to internal criticism
6) work place is exceptionally good,

Cons

1) You start loving the work more than anything, kind of spoils your other desires.
2) too many people can disrupt a process as every one can voice there concerns

Advice to Senior Management

hmm. not that I have any,