The company's technology departments are not aligned. Tech from the 90s drives all actual business operations while dreams of cloud computing and distributed systems are all anyone on the tech side wants to talk about. This is frustrating if you actually want to see your work come to fruition and be used by your customers.
Employees who are ineffective in their roles are left in those roles and negatively affect people and teams around them in perpetuity.
Company is interested in innovative and new ideas only inasmuch as it alignes with the leadership's proposed plan (read: politics)