3.0
Jan 27, 2020
Current employee, more than 3 years
New York, NY
Recommend
CEO approval
Business Outlook
Pros
Stable asset base and long history create some security for employees and can support longer-term strategic thinking by management, but competitive pressures are taking a toll. Solid position within industry if good choices are made and right culture is sustained.
Cons
Constant churn at executive level results in a lack of focus and strategic direction. It’s not as easy as it should be for talented people to move around within the organization, as middle managers are worried about looking good and retaining budget/headcount in a cost-cutting environment instead of what’s best for employee careers and the organization as a whole.