Pros
Working on projects and programs that are new to me. Good learning experience in positive and negative ways both provide growth. It is an interesting look inside an organization that manages to succeed despite itself. KaBoom! would make a fascinating case study.
Cons
Like being back in middle school complete with teacher's pets and a playground bully. Organizational goals set up like a Whac-A-Mole game makes frustration a common occurance and individual employee success unlikely. Upper management tells us, "People who check their ego at the door do great at Kaboom!" That is true. Everyone needs to leave their egos at the door since the ego of the CEO takes every square inch of space in the organization there is no room for anyone else, including his own executive team who has also been bullied into submission. (Along with other ongoing problems mentioned by others, lower than standard industry pay, low morale, employees not at all empowered, general atmosphere of impending doom a frequent message from CEO etc.)