Pros
Great people. Genuine, caring. Strong talent everywhere, and people were always willing to help others. I worked 34 years at P&G. most of my managers were very empowering, trusting me, coaching/training me, allowing me to grow and excel. While the Company surely changed during this period, the culture was consistently one where people treated others with respect and the vast majority strived to always do the right thing.
Cons
Too many layers of management in some areas. At times, inability to move fast, make quick decisions to take advantage of opportunities. At times, things like standardization would be taken too far, not allowing easy solutions for "off beat" or unusual items. (e.g. paying an invoice for a new innovation supplier/vendor was a major hurdle/feat with all the bureaucracy and IT hurdles).