Pros
J&J is truly a family oriented company and the people who work there are generally very caring and welcoming to new employees. They understand the work life balance and if that means you have to leave an important meeting for your family that is OK. That is absolutely the best part. Employees and management really do care about the Credo and it is nice to have that connection and vision shared with so many people.
Cons
There are a number of people who are not necessarily that competent that end up getting promoted. There was not that much progress made when it came to improving the company. Management is more concerned with making things look good than actually fixing problems which I found very perturbing. I know it is like that at a lot of places but that doesn't make it acceptable. Teams are always working on the same projects with different goals, numbers, and results, and usually the fruits of the projects don't last more than a couple months, which gets very frustrating as an employee.