It's a bit subjective, and the more general the statement, the less meaning it would have. Say a company is becoming corporate and dull, but at the same time b

It's a bit subjective, and the more general the statement, the less meaning it would have. Say a company is becoming corporate and dull, but at the same time becoming more profitable. Are they in good or bad health? As a short-term shareholder you might see them in good health, but as an employee you might see them in bad health. That said, my experience is to look at team meetings. If they are full of conflict that is resolved respectfully by the end of the meeting, that's usually a good sign. If the same person is dominating and everyone else is quiet, that's a bad sign. If the same arguments keep repeating themselves, that's a bad sign. If there is no conflict at all, and people just stare out of the window while others are talking, that's a bad sign. At bad companies, everyone knows the real story, but nobody says it out loud. Good people leave, bad people stay, and the problem gets worse.