Pros
Some residual prestige associated with the name. I honestly thought I could find more to say than this, but I can't.
Cons
*Poor executive management, largely there to maximise personal gain before leaving. Most do not believe 'the strategy' will work and don't care. *Cowardly managment chain, not prepared to challenge obvious stupidity or without the stomache/dedication for a fight. Many are just trying to get in as many paydays as they can and have also lost belief. *Hard-nosed, naval gazing HR who churn out unpopular and irrelevant -initiatives, hence consuming even more of the precious time which employees no longer have.. *Pervasive self preservation rather than team co-operation to serve the customer. *Tick sheet/ call centre/low cost centre mentality, even where totally inappropriate, leading to 'hidden' extra costs to solve problems *Broken and massively discredited performance appraisal system, now almost completely hijacked for other purposes.. Professional judgement, constructive challenge and considered 'risk taking' suppressed.