Pros
The company has a better past than a present or even a future, but we cannot all survive on a glorious past seen through memories. While the company las lost its way, it still has a relatively open culture, doesn't feel like a Chinese dominated company.
Cons
The CEO, Yangqing Yang (internally called YY), is a brilliant mind and has made some really smart moves, but those smart moves and decisions have been far and few since 2016. The company made two disastrous acquisitions - Motorola Mobility from Google and IBM's X-series Server business. The company has struggled to integrate these and to turn them around. A lot of current issues are due to poor decisions and then other decisions to justify these poor decisions. The top management - called Lenovo Executive Committee (LEC for short) is full of old hands people (and mostly old people), providing lip service to YY. No real change is taking place and no real breakthrough strategies. The CEO in waiting, Liu Jun, is an unmitigated disaster, but has support of the large shareholders.