"Need to be "in" the circle to get anywhere." If you don't know or schmooze with the right people, forget how well your performance is, your performance reviews or the effort you put into your work - you are going to stay right where you are. Positions go to friends, or friends of friends with no regard for a competitive or fair environment.
"Ideas are not heard." All ideas come from upper management or 'the right people.' don't let it even cross your mind that your fantastic idea will get any interest. Unless VPs like it or it makes them look good, it will be discarded as "not needed right now," "need to get everyone's buy-in" or "that's just not efficient."
"Silly strategies." Instead you will get silly strategies such as an on-demand team that's.not.really.on.demand.at.all. and unlimited wrap up time. Those are the ideas that make sense and that were implemented because "the right" people suggested it and the right people liked it.
"System issues." Prepare to experience system issues every week, and most of the time they last an entire day. How is this possible for a fortune 500 company? Get hired and find out.
"Extremely hard to discipline employees." If you even think about disciplining an employee you will be shut down by HR or your direct leadership. It takes an act of God to fire someone. You will have to write email after email and even if the employee is on a final, you will have to do a "final final."...and even then probably a "Final, final, final notice." You don't believe me? get hired and find out.
