Post on 22-Dec-2015
3M- The First 110 Years
A Case Study ReviewBy: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith
and Katie Little
October 22, 2014
Case Overview
• History, Development & Structure
• Internal Strengths and Weaknesses
• External Opportunities and Threats
• S.W.O.T. Analysis
• Corporate and Business Level Strategies
• Recommendations
The Beginning
Henry S. Bryan
Hermon W. Cable
John Dwan William A. McGonagle
Dr. J. Danley Budd
History Timeline
1902Founde
d
1905 Mr.
Lucius Ordway
1910 Company Moves
1916 First
Stockholder’s paid
1920Waterproof Sandpaper
1925Masking
and Scotch tape
1940WWII
Defense Materials
1929 William McKnig
ht
1950Thermo-fax
copying process &
Scotch Guard
1991Desi
DeSimone
2000Jim
McNerney
2005 George Buckley
2012Inge
Thulin
Company Structure
R&DFinan
ce HR
Technical
Forum
Pathfinder
Program
3M IPC
Pacing Plus
Program
Internal Environment
Strengths Weaknesses
External Environment
Opportunities Threats
Strength
• Structure
Weakness
• Changes in CEO
Opportunity
• New Products
Threat
• Patent protection
Corporate-Level Strategies
• International Expansion
• Strategy 2?
• Strategy 3?
(I was having trouble picking out the strategies- don’t know if we have 3 per se)
Business-Level Strategies
• Hiring an ‘outsider’- McNerney
• Rewards and Recognition Programs
• Company Structure
(Again, had trouble picking these out too…should we have 3?)
Recommendations
• Recommendation 1
• Recommendation 2
• Recommendation 3
(Do you think we need 3?- I just feel like that’s always a safe number)
Thank you!
Q & A