3M – “3M-nice enough, but slow and stuck in its ways”

Pros

Cool technology across a wide range of markets, fromconsumer electronics to floor care, healthcare and dental to passport security. Opportunities to move around the company, lots of variety and opportunities.

Cons

Senior management is weak, and very parochial. Key attribute to be able to move ahead is loyalty to the right guy. No rewards for risk-takers.

Advice to Senior Management

Create metrics for EVPs that will de-silo the company and drive real results. Reward risk takers and re-invigorate the selection process for senior managers to limit crony-ism.