Pros
Good career opportunities for software developers, glass ceiling for subject matter experts in other areas. Great opportunities for clerks and third world employees off shore.
Cons
Bottom line is everything. Directors and VPs surround themselves with sycophants. Wearing rose colored glasses is mandatory at all meetings. Speak the truth or raise tough questions, and they kill the messenger. You will become a victim of your own success and longevity as up and coming "leaders" look to cut costs. Do not get old, that is grounds for dismissal. Do not make too high a salary, that is grounds for dismissal. Do not accrue too much vacation, that is grounds for dismissal. Forget about Sustainability or any other kind of company initiatives they try to Tom Sawyer you into, they are window dressing and have no bearing on your job or your performance and therefore are a waste of your personal time. They talk the talk, but do not walk the walk. Do not do anything extra that a Director or VP can claim credit for, they will. Most do not know what leadership is, they think its showing up at the 11th hour and making a speech, claiming credit and then making a few photo-ops to get their name in the paper. Annual "colleague engagement" survey is a joke. If the survey is to be believed year after year, most problems lie with upper management, and employee recommendations go unheeded. Misrepresentation is rife, scope creep and slipping schedule deadlines are the norm due to incompetent planning and execution with no accountability. Cutesy smiles and dimples seem to cover a host of incompetence. Quality is anathema among IHS upper management. They claim it slows things down in their rush to get stuff out to the client and cash their checks. They go out of their way to avoid being accountable for it. They punish anyone who raises questions about quality and disbanded the whole Global Quality organization because it became too much of a gadfly in their opinion, and might just tell the truth about how things were actually going.