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THE 3M COMPANY

Group 1 Section D
Aakash Nitin Shah
Aanchal Pachnanda
Adhiraj Singh Chauhan
Ahamed Fayaz
Akash A Ingole
ABOUT COMPANY
3M is a diversified technology
Minnesota Mining and Manufacturing company with a global
presence in Safety and
Industrial; Transportation and
Electronics; Health Care; and
Consumer.
STRENGTHS
Technology, Manufacturing,
Global Activities
VISION
As a company driven by both
performance and purpose, They
TECHNOLOGY are commi​​tted to applying 3M
Science to improve every life
PERFORMS
Priorities
Portfolio
Transformation
Innovation
People and Culture
'More than 95 per cent

The 3M Way
of our leadership roles
60% of the top 100
are from within. It
leaders are diverse,
shows that if people
one-third of the
perform well, they will
corporate officers
have opportunities to
and Board members
grow and be promoted,'
are women
said Mr Chow - SM HR

95% 60%

“Passion for 3M culture


“Promotion “Diversity and
from Within” inclusion” change”

3M Technology 3M Products 3M Innovation


Advancing Every Enhancing Every Improving Every Life Vision
Company Home

Technology Products Innovation


Bold &
Modern
Inspiring & versatile -
3Mers
Learning
Centered
● Encourage curiosity & innovation
3M
● IDP & GDP
● Eliminating physical proximity Influencing
People Focused culture the
● Smaller, direct-reporting styles (Flat) good way
● Support networks

Purpose
Driven
● Genesis Grants
● 30 percent Rule
The 15% In 1915, William McKnight became the General Manager of 3M and
in 1948 instituted the 15% rule which has the following salient
rule features :
● It allows all 3M employees to spend 15% of their work time on
experimentation projects.
● Employees are free to think and innovate about anything with no
questions asked.
● McKnight believed in philosophy of “Listen to anybody with
an idea”.
● To this day, 3M boasts of 22,800 patents, many derived from its
15 percent program.
● Post-it notes and optical films in mobiles owe their existence to
the 15% rule
The 15% rule:
Bridging the
Divide Richard Drew:
Formal groups Engineer with 3M in the 1920s
Painters were not able to mask
● Task oriented one section of a two-tone car
while painting the other.
● Rigid structure The tapes available at the time,
● Outcome Focused Bridging the gap left residues or reacted with the
paint.
● Drew worked on the problem for
Creative groups Parallel structures
two years
● More formalised eventually received a memo from
● Simply makes it OK to senior management to get back
● Looser structure to work his main project
● Critical commentary is daydream Drew did, but he continued
discouraged working on the tape project on
his own time
● Generate and evaluate new This result in the invention of
concepts and ideas Scotch tape.
THANK
YOU!!!

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