Pros
Company has momentum from many years of ownership of financial categories Intuit has maintained some of the true leadership oriented folks brought on by Bennett Strong brand recognition The outside world still has the "old" brand impression of great products and excellent place to work, so the company will be able to ride that tide for a while
Cons
What used to be a company with a strong CEO who managed the board, had shifted to a green CEO who is "managed" by the board. That has set up an internal dichotomy. People that the culture would once have spit out are now untouchables. But the rules haven't changed for everyone - with board backing, others are held to a higher and different standard. What used to be Employee, Customer, Shareholder (happy employees, led to better served and therefore happier customers, which leads to profits) has turned to "Air, Water & Food" and a big reversal of how the business is measured: Must have short-term gains to serve the oxygen needs of shareholders, while customers can hold out a bit more for occasional water, and employees can go on a starvation diet if needed and still survive. Long term strategy or just CYA?
