Pros

Google benefits, great people as peers

Cons

Google hiring policy makes everyone have to work multiple jobs because there are so many open heads. Middle management is somewhat incompetent, and there are more managers than non-managers. General Google culture (read: elitism) gets in the way of making good decisions.

Advice to Senior Management

Some of the best people learned what they know from experience, not from going to Stanford, and plenty of Ivy League grads can't find their way with a subway map or figure out how to make their own coffee. Stop the elitist nepotism, cut the managerial fat, and start hiring/promoting people who know how to actually get things done.