Lack of a real leadership in the team. Strong performers that volunteerly want to take a leadership role are being forced out.
Incompetent, dishonest, unprofessional management is tolerated. Loyalty and integrity are being punished. Money are spent on marketing propoganda. A blind eye is kept for the real problems in the organization.
The company overworks employees, but will not pay for the over time. C-lever managers get bonus and all privillige benefits. Employees get nothing. Reward people by performance instead of by title.