Pros
Twenty five years of enjoying the trust necessary to develop skills in leadership, recruiting, interviewing, skill placement, problem solving, (or better, spotting smoke before the fire), develop additional leadership while implementing ways to keep the "lateral" moving employee fully engaged in other areas. Challenging, rewarding and all employee driven.
Cons
I often think about having not met a single person who did not have something I could use to improve my own skills. Goals were crystal clear from 1976 - 2012. As we went from one generation of ownership to the next, the style of leadership became something unrecognizable to me. Employee creativity and input was no longer accepted. Micro-Mtg will always fail and will always baffle me. Long term employees, if performing, should be a source of pride not elimination.