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I worked at 3M full-time (More than 10 years)
Long term focus on innovation to drive growth and profitability along with supportive management that understand this and are willing to sponsor risk taking among the research staff and reward researchers who are successful innovators
many in the senior management is in over the heads and is risk adverse, hence doesn't understand that innovation requires risk taking and support for it among the research staff.
Advice to Management
Review the history of 3M and the culture of innovation that drove growth from the '60's through the 90's.