A good place to grow old - Business Development Manager 3M Employee Review

3.0
15 Aug 2012
Recommend
CEO approval
Business outlook

Pros

Very social attitude towards employees and work-life balance resulting in low employee turnover rates. Very strict business ethics and culture of respect and tolerance for diversity as well as high sense for environmental responsibility. Many different work opportunities within the same company. Excellent reputation for high quality products and innovativeness. Stable business growth creating secure work places.

Cons

Extremely complex matrix organisation structure with chronically underressourced teams that are supposed to achieve outstanding reasults by coincidence. Very poorly designe structures for customer-facing and external business subserving tasks. Far too much administration and formalized processes creating internal friction and reducing time and energy for more meaningfull external and customer-oriented work. Too many initiatives and programms that seem to serve more as career boosters for the individuals who introduce them instead of making real positive impact on business results and culture. Filling of higher level job grades very intransparent. Latent attitude of risk-aversity. Little possibility to develop fast for real talent.

Explore other reviews about 3M

5.0
7 May 2026
Recommend
CEO approval
Business outlook

Pros

Great collaboration and tiered management system

Cons

They use old planning systems

3.0
10 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Company investing in new products and higher growth markets

Cons

Over the past five years, there has been a significant decline in employee loyalty and incentive programs. Equity compensation, such as stock options and RSUs, was previously accessible to mid-level managers but is now strictly reserved for directors and above, reducing long-term incentives for a large portion of the workforce. Additionally, an increase in micromanagement and administrative red tape—particularly regarding strict scrutiny on all spending—has hindered productivity. The frequent practice of cutting budgets to meet short-term quarterly Operating Income (OI) targets is ultimately compromising our long-term revenue growth.

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