3M

INTERNATIONAL
ENVIRONMENT AND
MANAGEMENT
Name of the faculty member: Dr. Ashwani Panesar

Bansal Ananya Anuj

Reg no: 1211370
3M
INTRODUCTION
The 3M Company is an American worldwide aggregate enterprise working in
the fields of industry, labourer wellbeing, US medical care, and buyer goods.
The organization produces more than 60,000 items under a few brands,
including glues, abrasives, overlays, latent fire assurance, individual defensive
gear, window films, paint security movies, dental and orthodontic items,
electrical and electronic associating and protecting materials, clinical items,
vehicle care products, electronic circuits, medical care programming and
optical films. It is situated in Maplewood, a suburb of Saint Paul, Minnesota.

3M made $32.8 billion in all out deals in 2018 and positioned number 95 in the
Fortune 500 rundown of the biggest United States organizations by all out
revenue.
As of 2018, the organization had roughly 93,500 workers, and had activities in
more than 70 countries.

PRODUCTS AND PATENTS

3M delivers roughly 60,000 items, starting at 2019, and has four business
bunches zeroed in on wellbeing and modern, transportation and gadgets,
medical services, and customer items. 3M got its first patent in 1924 and
obtains roughly 3,000 new licenses yearly. The organization outperformed the
100,000-patent edge in 2014.
HISTORY
Five finance managers established the Minnesota Mining and Manufacturing
Company as a mining adventure in Two Harbors, Minnesota, making their first
deal on June 13, 1902.
The objective was to mine corundum, yet this fizzled on the grounds that the
mine's mineral possessions were anorthosite, which had no business value. Co-
originator John Dwan requested assets in return for stock and Edgar Ober and
Lucius Ordway assumed control over the organization in 1905.[12] The
organization moved to Duluth and started exploring and creating sandpaper
products.[12] William L. McKnight, later a key chief, joined the organization in
1907, and A. G. Shrubbery joined in 1909.[12] 3M at last turned out to be
monetarily steady in 1916 and had the option to pay dividends.

The organization moved to St. Paul in 1910, where it stayed for a considerable
length of time prior to growing out of the grounds and moving to its present
base camp at 3M Centre in Maplewood, Minnesota in 1962.
 COMPETITION ANALYSIS
3M GENERAL Emerson Honeywell corning
ELECTRIC
INTRODUC 3M General Emerson Honeywell Corning is an
TION (Minnesota Electric is a Electric is an International is an organization giving
Mining and super innovation enhanced claim to fame
Manufacturin advanced and innovation and glasses, ceramics,
g) is a modern designing assembling and optical
broadened organization organization organization that physical science
innovation occupied with giving concocts and items.
organization energy, different popularizes
with skill in medical care, answers for advancements in
item and modern, the space of
advancement, transportation. business, energy,
assembling, and private wellbeing,
and business security,
advertising. sectors. efficiency, and
worldwide
urbanization.

Founding 1902 1892 1890 1906 1851

date
Type Public Public Public Public Public
Valuation ($) 104.7 b 108.4 b 57.4 b 148.9 b 31.7 b
Percentage 32.14% 100% 83.33% 45% 90%
of tweets
with
engagemen
t (last 30
days)
Revenue $32.2b $79.6b $16.8b $32.6b $11.3b
(est.)
Cost of $16.6b $60.4b $9.8b $22.2b $7.8b
goods
Gross profit $15.6b $19.2b $7b $10.5b $3.5b
Net income $5.4b $5.5b $2b $4.9b $512m
Total $ 83.7m $ 12m $ 1b $ 11.4m $ 450m
funding
raised
SWOT ANAYSIS
STRENGTH
1. Solid innovative work ability with more than 80,000 representatives around
the world
2. Enhanced business with more than 55000 items in its portfolio
3. It has activities in more than 65 nations and orders a solid brand name
4. Hearty money position and monetarily further developing execution
throughout the long term
5. Its item reach through retailers and wholesalers is in almost 200 nations

WEAKNESS
1. Natural issues and prosecutions have at some point influenced the picture
OF 3M
2. Being a market chief, any mix-up harms the brand picture world over

OPPORTUNITY
1. Acquisitions to fortify existing organizations
2. Auto industry on street to recuperation would mean more business
3. More worldwide presence through tie-ups and expansion in organizations
can prompt more development

THREATS
1. Unpleasant natural guidelines and strict govt arrangements can influence
position
2. Extreme rivalry can prompt loss of piece of the pie
3. Dangers related with directing business outside the US
EXPANSION PLAN
In light of the COVID-19 pandemic, the 3M plant in Aberdeen inclined up
creation of N95 covers and added 120,000 square feet to its plant.
What's more, the business is yet employing additional laborers.
Prior to the two 60,000-square-foot increments, the plant had 440,000 square
feet. So, it's additional generally 30% more space.
The extension gave open positions around, work for nearby project workers
and the utilization of lodgings by representatives and project workers.
"Lives will be saved in light of the extension of this office," Rep. Dusty Johnson,
R-S.D., said during a service commending the development in November.
"Building enormous things should cause us to feel better yet fabricating huge
things that save lives should cause us to feel far superior."
Taking all things together, the development is relied upon to add around 300
positions at 3M.
The Aberdeen plant is the biggest respirator plant in the U.S., and the
expansion of two creation lines is relied upon to beyond twofold creation limit.
Creation of the covers in the U.S. has effectively expanded generously — from
22 million per year to a projected 95 million this year. Worldwide creation is
relied upon to arrive at 2 billion this year.
"The way that 3M moved forward here in Aberdeen, in Brookings and the
whole way across the nation to ensure we have the weapons of fighting that
are important to battle and overcome this infection is something we can be
colossally and unbelievably pleased with," Sen. John Thune, R-S.D., said at the
November service.
"We've seen this example previously," Mike Vale, 3M leader VP, said around
then. "Along these lines, we stood up our worldwide reaction group on Jan. 9
and, after six days, provided the request to stand up the entirety of our
assembling offices."
PESTLE ANALYSIS
POLITICAL FACTORS
• Regulatory Practices - The administrative practices are smoothed out
with worldwide standards which have assisted the country with working
on its "simplicity of working together" positioning.
• International Trade and Other Treaties – The nation has a decent record
of sticking to worldwide settlements it has finished with different
worldwide accomplices. The public authority of each party has clung to
the deals done by past state run administrations, so there is a
consistency in both law and order and guidelines.
• Role of Non-Government Organization, Civil Society and Protest
Groups – The nation has a dynamic common society local area and 3m
Botiquin should fabricate spans with them and search out spaces of co-
activities. Common society bunches are persuasive in strategy making as
well as in building a general public wide account.
• Government Regulations and Deregulations – The public authority is
clinging to every one of the guidelines and guidelines under World Trade
Organization standards. There is consistency in both strategy making and
executions of those approaches.
• Transition of Government and Changes in Policy – There is consistency
in arrangement making starting with one government then onto the
next. Also state run administrations from all gatherings stick to the deals
made by the past legislatures.
• Likelihood of Entering into an Armed Conflict – From the data in the 3M
Chile: Health Care Products (A) contextual investigation, I don't think
there is a probability of nation going into a furnished struggle with an
adjoining country.
• Segregation of Political Responsibilities between Different Government
Agencies – There are various government organizations which
diminishes the danger of overpowering tension by one office. In any
case, on the other side it does increments both time and cost of working
together and getting accreditations and clearances.
• Unrest inside the Country and Chances of Civil Unrest – We don't
imagine that 3m Botiquin business tasks are confronting any risks from
any sort of common distress or inward assailant activities in the country.
ECONOMICAL FACTORS
• Inflation Rate – The expansion rate can affect the interest of 3m Botiquin
items. Higher swelling might require 3m Botiquin to ceaselessly expand
costs in line of expansion which could prompt lower levels brand
dependability and consistent undertakings to oversee costs. Cost Based
Pricing could be a terrible technique under such conditions.
• Financial Market Structure and Availability of Capital at Reasonable
Rates – The quantitative facilitating strategy of Federal Reserve has
prompted liquidity flooding the whole way across the worldwide
monetary business sectors. 3m Botiquin can acquire inexpensively under
such conditions. Yet, this technique involves hazards when loan fee will
go up.
• Inequality Index/Ranking on Gini Index – Gini Index and level of disparity
are an incredible gauge for concordance and improvement of a general
public. Assuming there is immense pay disparity in the general public, the
probability of contention and wrongdoing increments. It can prompt
vulnerability and concealment of utilization in both present moment and
long haul.
• Price Fluctuations in both Local and International Markets – compared
to the degree of quantitative facilitating in last decade the costs of 3m
Botiquin items and costs of generally speaking items have stayed tacky in
the US market. 3m Botiquin ought to consider the way that at deficiency
levels of United States in an arising economy can prompt uncontrolled
expansion and genuine dangers of money deterioration.
• Demand Shifts from Goods Economy to Service Economy – The portion
of administrations in the economy is continually expanding contrast with
the portion of assembling, merchandise, and farming area.
• Level of Household Income and Savings Rate – Increasing utilization and
stale family pay in United States had prompted credit gorge utilization. It
has demolished the way of life of investment funds as individuals need
more to save. 3m Botiquin should be cautious with regards to building
advertising system that is reliant upon "Buy on Credit" buyer conduct.
• Work Force Productivity – Work power usefulness in US has developed
by 25-30 % in most recent twenty years despite the fact that the pay rates
are not mirroring those increases. It can empower 3m Botiquin to recruit
gifted labour force at cutthroat pay rates.
 SOCIAL FACTORS
• Societal Norms and Hierarchy – What sort of hierarchy and norms are
acceptable in society also influence the types and level of consumption
in a society. In highly hierarchical societies the power of decision making
often reside at the top
• Gender Composition in Labour Market 3m Botiquin can use gender
composition of labour market to understand the level of liberal nature of
the society, women rights, and women’s say in matter of societal issues
and consumption decisions. The gender composition of labour market is
a good indicator of disposal income of household, priorities of the
households, and related needs.
• Demographic Trend – The demographic trend is one of the key factors in
demand forecasting of an economy. For example, as the population of
USA and EU is growing old the demand for products mostly catering to
this segment will grow. 3m Botiquin should consider demographic trends
before new product developments and integrate features that cater to
this segment. As population is ageing it will require less tech intensive
products.
• Nature of Social Contract between Government & Society – Before
entering into a market 3m Botiquin needs to understand the nature of
social contract between government and society. For example, it has
been extremely difficult for US companies to enter UK health market as
UK health system is a nationalized system and everything goes through
contracts at national level.
• Types of Immigration & Attitudes towards Immigrants – Given the
latest developments such as Brexit and Immigrant detention on
Southern border of United States. Attitude towards immigration has
come under sharp focus. 3m Botiquin should have capabilities to
navigate under this hypersensitive environment.
• Education Level in Society – Education level of the society impacts both
the quality of jobs and level of income. High level of education often
results in better jobs, higher income and higher spending on complex
and aspirational products.
• Attitude towards Savings – The culture of saving in US and China is
totally different where savings rate in China is around 30%, it is well
below 15% in United States. This culture of consumption and savings
impact both type of consumption and magnitude of consumption.
TECHNOLOGICAL FACTORS
- Cost of Production and Trends – 3m Botiquin ought to survey -
What are the expense of creation patterns in the economy and
level of automatization. We at EMBA Pro accept that in not-so-
distant future the area generally disturbed by mechanical
advancement is assembling and creation.
- Empowerment of Supply Chain Partners – 3m Botiquin ought to
examine regions where innovation can enable production network
accomplices. This can help 3m Botiquin to acquire more
straightforwardness and make production network more
adaptable.
- Mobile Phone and Internet Penetration – 3m Botiquin ought to
survey the degree of web and cell phone infiltration in the nation
as it will it in building an essential plan of action dependent on
nearby requirements and real factors.
- Intellectual Property Rights and Patents Protection – Before
entering new market 3m Botiquin should zero in on the climate
for licensed innovation freedoms.
- Level of Acceptance of Technology in the Society – 3m Botiquin
needs to sort out the degree of innovation acknowledgment in the
general public prior to dispatching new items. Frequently
organizations enter the field without imperative foundation to
help the innovation arranged model.
- Acceptance of Mobile Payments and Fintech Services – One of
the spaces where US are missing behind China is Mobile
Payments. 3m Botiquin ought to survey what are favoured
decision of portable instalments in neighbourhood economy and
picked the plan of action dependent on it.
- Likelihood of Technology Disruption – If the nation is centre point
of innovation organizations, then there is a high possibility of
innovation disturbance among different ventures. 3m Botiquin
needs to evaluate whether it can live with the high speed of
innovation interruption in its industry.
- Technology move and permitting issues for 3m Botiquin – laws
and culture of authorizing of IPR and other advanced resources
ought to be broke down cautiously so that 3m Botiquin can stay
away from investigations and IPR robberies.
 Environmental factors

• Ecological Standards and Regulations both at National and Local Levels

– Often the climate strategy at public and neighbourhood level can be
unique. This can help 3m Botiquin in various choices, for example, plant
area, item advancement, and estimating methodology.
• Per Capita and National Carbon Emission – What is the per capita fossil
fuel by-product of the nation and what is the general degree of fossil
fuel by-products of the country. This will help in better foreseeing the
climate strategy of the country.
• Paris Climate Agreement and Commitment of National Government
under the Agreement – What are the responsibilities of the country
under the Paris Agreement and what is the overall degree of agreement
in regard to Paris Climate Agreement in the country. For instance, Trump
not remaining by US responsibilities established a climate of
vulnerability.
• Influence and Effectiveness of Environmental Agencies – The job of
climate guidelines requirement offices is basic in defending standards.
However, frequently in arising nations these offices defer the interaction
as a strategy to extricate pay-offs. 3m Botiquin ought to know about
presence of such practices in a country.
• Influence of Climate Change – How environmental change will affect 3m
Botiquin plan of action and production network. For instance, if the
store network isn't adaptable it can prompt bottlenecks if shipments
from one area of the planet are deferred as a result of abrupt
environment shift.
• Corporate Social Responsibilities Culture – Are 3m Botiquin present CSR
endeavours appropriate in the new market or does it need to have new
drive to oblige the forthcoming business sector.
• Recycle Policies – What are the reuse arrangements in imminent market
and how 3m Botiquin can stick to those strategies.
 Legal factors
• Business Laws – Before entering into new market – 3m Botiquin has to
assess what are the business laws and how they are different from home
market.
• Consumer Protection Laws – 3m Botiquin needs to know what are the
consumer laws, what is the rate of enforcement, what is the attitude of
authorities towards consumer protection laws, and what is the role
activist groups in enforcement of consumer protection laws.
• Transparency in Judiciary System & Processes – Transparency is
essential for fair and consistent decision making. If the process is
consistent and transparent then 3m Botiquin can plan ahead with
greater conviction.
• Laws regarding Monopoly and Restrictive Trade Practices – As a new
player 3m Botiquin shouldn’t be worried about the monopoly and
restrictive trade practices law.
• Independence of Judiciary and Relative Influence of Government – The
judiciary independence often reflect both strength and credibility of the
institutions in the country.
• Time Taken for Court Proceedings – Even if the country has best of the
laws, it doesn’t mean much if they can’t be enforced in a timely manner.
3m Botiquin should do a primary research regarding how much time it
often takes to conclude a court case in the country given the sort of legal
challenges 3m Botiquin can face.
• Health & Safety Laws – What are the health and safety laws in the
country and what 3m Botiquin needs to do to comply with them.
Different countries have different attitude towards health and safety so
it is better for 3m Botiquin to conduct a thorough research before
entering the market.
 Latest news related to 3M
3M launches world’s lightest performance spray gun in
India
• 3M India today dispatched its Performance Spray Gun, an imaginative
shower innovation that conveys first in class execution with first class
usefulness.
• The Indian auto paint industry has seen an upsurge in quality-driven
paint advances with severe VOC outflow guidelines for paint creation
and inclinations for better paint surfaces. This, as indicated by 3M, drove
it to embrace top to bottom examination on what the client actually
needs for magnificent execution conveyance.
• 3M cases its Performance Spray Gun is up to half lighter when
contrasted with other shower firearms in the section, making it the
world's lightest splash weapon. The high level effect safe, tempered
steel-built up composite body has been advanced by kinesiologists for
further developed solace and accommodation.
3M India Honours The Winners Of ‘3M-CII Young
Innovators Challenge Awards 2021
3M India has declared the victors of the eighth version of the lofty 3M-
CII Young Innovators Challenge Awards at the CII Innovation Summit
2021, in Bengaluru. With a plan to help youthful trend-setters in
reshaping society with science and manageable arrangements, the topic
during the current year's test was "Thoughts that move expect a
resurgent India". The test got sections including tech arrangements
offering reasonable advanced study halls, hearing disabled well disposed
learning stage, clean biomass-consuming oven and imaginative items for
malignant growth survivors among numerous others.
REFERENCES

• https://indiaeducationdiary.in/3m-india-honours-the-
winners-of-3m-cii-young-innovators-challenge-awards-
2021/
• https://www.foodmanufacture.co.uk/Article/2021/10/06
/3M-debuts-new-food-safety-testing-systems
• https://www.autocarpro.in/news-national/3m-launches-
world%E2%80%99s-lightest-performance-spray-gun-in-
india-80154
• https://embapro.com/frontpage/pestelcase/11988-3m-
botiquin
• 3M Science. Applied to Life. | 3M India