Pros
Individual contributors are some of the most clever, creative, and hard-working people you will ever meet. There are a few good managers as well and they are very protective of their people. As a Danaher company, they use the Danaher Business System (DBS), which is like a "greatest hits" of business management and lean tools. A grand vision and solid products are a hallmark of the Leica brand.
Cons
Most managers and leaders use DBS to drive their own agendas with little concern for the bigger picture and even less concern for their people. There is little to no trust between individual contributors and directors or vice presidents. Engagement is atrocious and morale is low. When numbers are high, everyone is a winner. When numbers are flat or down, the blame game begins while leaders absolve themselves of responsibility and take to hiding behind DBS to justify unfair and sometimes questionable actions directed at their subordinates. Open door policies result in closed door threats.