Pros
You have to be strongly motivated and have to use a lot of energy to drive change and create value. The truth that is that you will not get a much higher financial reward if you work at improving things than if you spend the year "floating".
Cons
Company tries to give an image that it is changing, which would be greatly needed to gain in agility and effectiveness, the they change the base and not the leadership. They kept the same senior management which spend its time building their mini empire, focused on their personal gain rather than the company and their team without incentive to take risk to change and improve efficiency and effectiveness... Promotions and growth is still driven by the size of your organization and therefore stacking people without value creation....