3M – “Overall good place to work compared to other companies”

Pros

Innovation emphasis, meritocracy, broad spectrum of products and markets, mobility within the company, very ethical, opportunity to learn from colleagues

Cons

loss of focus on personal worth and contribution, more focused on stock price than on long term strategy, removal of traditional benefits

Advice to Senior Management

While its very important to be globally competitive its also important to have a company that people want to be a part of