3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR...
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Transcript of 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR...
![Page 1: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/1.jpg)
3M- The First 110 Years
A Case Study ReviewBy: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith
and Katie Little
October 22, 2014
![Page 2: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/2.jpg)
Case Overview
• History, Development & Structure
• Internal Strengths and Weaknesses
• External Opportunities and Threats
• S.W.O.T. Analysis
• Corporate and Business Level Strategies
• Recommendations
![Page 3: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/3.jpg)
The Beginning
Henry S. Bryan
Hermon W. Cable
John Dwan William A. McGonagle
Dr. J. Danley Budd
![Page 4: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/4.jpg)
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
![Page 5: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/5.jpg)
Company Structure
R&DFinan
ce HR
Technical
Forum
Pathfinder
Program
3M IPC
Pacing Plus
Program
![Page 6: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/6.jpg)
Internal Environment
Strengths Weaknesses
![Page 7: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/7.jpg)
External Environment
Opportunities Threats
![Page 8: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/8.jpg)
Strength
• Structure
Weakness
• Changes in CEO
Opportunity
• New Products
Threat
• Patent protection
![Page 9: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/9.jpg)
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)
![Page 10: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/10.jpg)
Business-Level Strategies
• Hiring an ‘outsider’- McNerney
• Rewards and Recognition Programs
• Company Structure
(Again, had trouble picking these out too…should we have 3?)
![Page 11: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/11.jpg)
Recommendations
• Recommendation 1
• Recommendation 2
• Recommendation 3
(Do you think we need 3?- I just feel like that’s always a safe number)
![Page 12: 3M- The First 110 Years A Case Study Review By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little October 22, 2014.](https://reader033.fdocuments.us/reader033/viewer/2022061323/56649d755503460f94a55275/html5/thumbnails/12.jpg)
Thank you!
Q & A