Pros
Clearly focused on the right things to improve the performance of the entire corporation. The new CEO is very bright, experienced, and very focused. He has brought a culture of performance and communication missing for a long time. He has introduced and '80/20 Business Improvement Process' to the organization, which has been the cornerstone of growth and exceptional financial performance of companies like ITW. The CEO is also a great listener and coach, which is absolutely critical when trying to change culture. He has brought excitement back to this organization.
Cons
They really need to spend more resources on the development of executive and mid level management. There is a lot of talent inside the organization, they just need more help in understanding what the new expectations are, and help in understanding the new tools.