Morgan Stanley reviews

Poor management at divisional and business level, lack of meritocracy, poor work life balance (face time required), lack of transparency, poor promotion and compensation decisions, senior managers act as "gatekeepers" of information preventing divisional managers from knowing what is truly occurring on the battlefield, unfair/immoral practices such as inflating revenue numbers for certain people in order to get them promoted/better pay and deflating numbers for people that are not "in the club", divisional mgmt allowing senior mgrs to keep their positions and jobs after countless examples/evidence of poor leadership has been documented by dozens of employees.

Too many gunslingers hired in recent years to pursue risk. Has destroyed the traditional MS model of promoting from within as new hires and people promoted above their competency levels instituted a "yes-man" culture where frank discussions and exchanges of views were actively discouraged.