Pros
Financially stable with good owners and tenured leaders. When working in an environment where opportunities to improve the business all over the place [nearly every meeting/conversation], it is difficult to focus resources in an effective way to reach your goal. This comment applies to nearly all managers and above that I worked with in the Corporate office.
Cons
The company is focused on revenue. This indicates that current profit margins are healthy, but does not emphasize creating best-in-class processes to manage the business - it mostly emphasizes a push for sales. While there is little turnover in the ownership and top brass, there is a revolving door everywhere below. Eveyone works for different motives, but the folks that are trying to push the company into a world class business often lack the fortitude to deal with project delays, indecision and constant "alignment" discussions. "Flavor of the month" ideas spring up from every crack in a process but leadership does not do a good job of clarifying priorities. Too few resources to complete projects. My group in IS was overworked, under trained and given competing priorities from the CIO and ownership.