Pros
Prologis is making big investments in technology, especially in business analytics and AI, and innovating the business in new (service focused) directions. The leadership is forward thinking and connected to it's workforce in terms of regular panel discussions and Ask-Me-Anything open forums. The CEO (founder) is articulate, broad-minded, humble, and has a deep understanding of the industry as well as adjacent concerns like finance, technology, social-economics, and geopolitics. For a global company, it's fast moving and the policies allow for localized decisions. Only one other company has more rooftop solar in production and it's trending to be the largest soon. Remote work is still a thing. At least in IT, most of the people I work with are indefinitely remote. Opportunities to visit a local office or headquarters (San Francisco, Denver) come around often enough (three times this year) that I still feel connected. The technology investments are sizable and advanced. Business analytics is a very mature discipline across the organization and measurements of accuracy and completeness of incoming data is tracked tightly. Already a lot of mature use cases using machine learning and generative AI. A sustaining commitment to DEIB. Especially among the new hires, I see a diverse talent pool. Above average levels of hiring occurring in finance, ESG, strategic investments, and technology. The company is the biggest player in the industrial Real Estate Investment Trust space and is rapidly acquiring it's competitors. $3000 a year per IT employee for training/conferences. Big focus on training and development. The company stock performance is a sleeper trading at a discount of it's inherent value, IMO. The company has structural advantages in real estate that make it more and more valuable each year, even if they were to stop innovating. It fits the profile of a Warren Buffet investment in terms of a Value stock available at a discount.
Cons
Fast-paced company moving in many directions at once. Prioritization is loose and cross-cutting. There is opportunity in this but it's also tremendously demanding. If you don't have good work/life boundaries, you'll have to learn quickly to speak up for yourself. Most of the IT department are business analyst and tech lead level roles who are managing offshore resources to do the heavy lifting of development. Having experience with vendor management and techniques of measuring performance is necessary to succeed. Relationships matter. If you're afraid of politics, you'll have to learn to cultivate relationships and trust. Lot's of articulate and passionate leaders who will steamroll you to their demands if you're not speaking up for yourself. So much hiring and acquiring going on that HR is hard-pressed to instill a common culture.
