IBM

The range of opportunities is very high. A lot of very talented people work here. While not always easy to find, there are projects that are on the bleeding edge of technology.

High barrier to ship projects; a lot of non-functional requirements to keep in mind (globalization, accessibility, etc.) that detract from interesting work. It's hard to be promoted if in a top-heavy organization with a lot of senior engineers.

Listen to development more. More often than not, senior management is disconnected from the reality on the ground and is only interested in projects that promote their careers rather than provide true customer value.

My advice would be to listen to technical leadership more and change the motivation system to allow for this feedback to circle back into action.