Emperor of Marine has no Clothes. (Dominion Marine Media)
Pros
A monopoly of the Marine industry gives you flexibility. (to do nothing) It also allows you to treat customers poorly.
Cons
Bad culture. Frequent turnover...Change for change sake. People that know the business the best have been let go. The president of the Marine division does not know the business at a detailed level. Surrounds himself with "Yes" people that will not shoot down his next bad idea. Nobody will ask the Emperor the tough questions. Continues to invest in the Europe side of the business, throwing good money after bad. Running a monopoly is not that tough, but he makes it as difficult as he can. Often people are not fired, jobs are moved or positions eliminated. Sometimes jobs are moved to keep people from finding out about relationships that are too close. If you are in a product role you do not want to work here. Marketing and The President of the division run product and they know the least about it. There is no longer a VP of Technology in the executive group. This means zero representation for Product in the business.