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Introduction
Minnesota Mining and Manufacturing Company
Americanmultinational conglomeratecorporation
based inSt. Paul,Minnesota
Headquartered in the St. PaulsuburbofMaplewood,
Minnesota
With $30 billion in sales, 3M employs 88,000 people
worldwide and produces more than 55,000 products
Produces - adhesives, abrasives,laminates,passive
fire protection, dental products, electronic materials,
medical products, car-care products
Operations in more than 65 Countries ,including 29
international companies
History
Founded in 1902,Lake Superior town of Two
Harbors, Minnesota.
Five business man-a doctor, a lawyer, two
railed executives and a meat-market
manager started the venture.
Goal was to mine high-quality corundum, a
mineral used in abrasives industry
Company moved to St. Paul in 1910
3M founded
in Two
Harbors, MN,
on
June 13,
when five
founders sign
articles
of
incorporation.
1902
First 3M
laboratory
established;
3M
Headquarter
s moves to
St. Paul, MN
1906
First
sandpaper
sale to
South
Bend Toy
Co. totals
$2.
1916
3M Wetordry
Waterproof
Sandpaper the
worlds first waterresistant coated
abrasive is
patented and
introduced
1919
Annual
sales
exceed
$1
million.
1921
1930
Scotch
cellophane
first
introduced
3M breaks
ground for first
new corporate
headquarters
(3M Center),
building on a
325-acre site
east of St. Paul.
1953
3M scientists
develop a
3M products are
breakthrough
used in the first moon
ultra-compact,
walk on July 20;
LEDAstronaut Neil
illuminated
Armstrong leaves a
projection
footprint on lunar
engine for
dust in boots made
integration in
from Fluorel synthetic
personal
rubber from 3M
electronic
1956
1969
1995 devices.
2008
3M introduces
Scotchgard
fabric and
upholstery
protector to
the textile
industry.
3M
introduces the
first metered
dose asthma
inhaler free of
ozonedepleting
chlorofluoroca
rbons.
2012
3M and
Gossamer
Space Frames
unveil the
worlds largest
aperture trough
using 3M
Solar Mirror
Film 1100 for
concentrated
solar power.
in the employees
Internal synergy that makes 3M unique
3M also innovates through organization
R&D is conducted at 3 levels
Corporate research laboratories work on project for over 10
years
Electronic Stethoscope
The 3M Littman
Electronic Stethoscope
Model 3200 was
introduced in 2009
It uses Bluetooth
technology to
wirelessly transfer
heart, lung and other
body sounds to
software for further
analysis.
Filtek Supreme
Post-it Flag+Highlighter
3M in India
ABRASIVES
A robust blend of cutting edge technology and innovative
products ensure that 3M Abrasive solutions outperform
conventional abrasives. The solutions portfolio from 3M
Abrasives provides the assurance of exemplary quality and
superior results.
CAR CARE
FOOD SAFETY
3M ELECTRICAL
The Electrical Solutions portfolio from 3M addresses the wide and
varied requirements of power generation, transmission and
distribution besides effectively catering to exacting needs of
users across the Construction & Maintenance, Electrical &
Electronic OEM and Electrical Utility sectors.
Telecommunication Solutions
Lessons from 3M
3M showed how to balance innovation with
marketing & Operations and be market leader.
R&
D
Managemen
ts Role
Policies
Communicati
on
Factors conducive to
Innovation
3M's model is built on the concept of working
together for the common good of the firm and
the employees.
There's a focus on individual initiative, which
encourages people to identify opportunities and
create solutions, and a "barn raising" mentality
which encourages people to help each other with
on projects.
3M also rewards its innovators through several
technical achievement programs, such as the
Circle of Technical Excellence & Innovation,
Genesis Grants Program and the Carlton Society.
Circulation of idea
Core technologies
Variation of products
3M rewards employees who drive
innovation forward.
3Ms philosophy
Financial support to innovators
Meeting regularly to exchange information
Action team