Pros
Working from home works well here, as long as we keep up with basic things like attendance, work hours and key meetings. Other than that, we get the freedom to experiment and try new initiatives instead of sticking to routine, compartmentalised work.
We are not stuck doing only one type of work. If we have an idea, we can try it out ourselves without waiting for many approvals. If the idea does not work, it is seen as a lesson, not a mistake. If it works, it is appreciated and even incorporated as part of the process or product.
Reviews also feel fair. Our work is judged using real numbers and results, so growth feels earned and honest. People also care about the bigger picture, not just their own small part of the work.
Cons
Since we get the freedom to take initiatives, we also need to manage ourselves well. This may not suit someone who wants constant guidance. A few roles have to handle many things at once, so some days can feel a little unplanned, which may not suit someone who prefers a fixed routine, no change, and less agility.