A perfect example how lack of vision and skills can destroy a great company
Pros
The salary is paid, the business somehow goes (for how long?), and there is still a lot of great people around.
Cons
Ericsson used to be a great place to work, full of spirit and enthusiasm. However, in last few years, it became a bureaucratic hell, management is afraid of making decision, and is lying in the reports sent upwards... The company lacks a clear vision where it wants to be (ok there is one, but it is rather a dream without clear roadmap how to achieve it), realistic strategic planning is rather non-existing (or not communicated). On the other hand, there has been a series of layoffs out of the blue, others are on sight (but nobody will confirm that, of course), the remaining employees are overloaded, and disgusted with the increasing bureaucracy. One example: the region is pushing to outsource the technical work to India, and is investing big deal of money into it. However, the outputs are so pure that local people have to rework it again and again. The local people first spent lot of time and energy in explaining the customer situation to the Indian guys, and then reworking it, instead of allowing them to do it directly. What the senior management see in the reports? That the Indian guys are well utilized (so more of them can be hired) and local guys are more and more inefficient.
