Pros
- Market leader in both IFE and IFC - Panasonic generally has a good reputation in getting H/W on aircraft - Overall business is profitable (this company is not about to go bankrupt) - The technical services group (PTS) is well-managed
Cons
- Weak senior leadership - Entirely new management team below COO that are new to sector, not in sync, silos forming, competing objectives, roles not clear - Some very talented employees, but lots of deadwood - Engineering driven, but lack of business skills/business leadership - Weak culture - new "Chief Culture Officer" has no qualifications - Weak Finance and HR departments - Stain of FCPA enforcement has resulted in constant compliance training, despite the violations being limited to a select few bad apples, including the former CEO, who are all gone now - Increasingly poor morale due to lack of effective leadership - Pay and perks at low end of scale, benefits are decent - Bonus plan is arbitrary - New management seems to see existing employees as "part of the problem" so little opportunity for advancement