Pros
-CEO brings in a new and energizing perspective -CEO also pushes for diversity, change, and innovation -Company is going through a culture change inviting new ideas, perspectives, innovations, millennial employees -Educational assistance for undergrad and grad school is great -Stock prices continue to prosper in reflection of the embraced changes (cultural, technological, innovations)
Cons
-Many old school employees (those before IPO) are resistant to change -Many prefer the status quo -Bureaucracy is a problem causing delays in time to market initiatives and embracing new process improvement ideas -Politics at times play major deterrents impacting project and human resource advancements -Employees feel overbooked with tasks and this is considered 'the MasterCard way' . This causes burnouts and employees seek other positions