3M Case study
Strength :
1) Since 3M Co. holds its consistency in the industry for 80 years of operation, rendering good qualities of their products and services satisfying the needs of their customers and clients.
2) Taking risk in expanding of subsidiaries in the global market. Recruiting thousands of employees to be part of the company.
Weaknesses:
1) No formal organizational chart was formulated in company.
2) Not advisable to put a word “ AUTONOMOUS” which is subject to its own laws or regulation only.
3) Formulating too much teams assign to focus in Europe without taking the capabilities of each teams.
Opportunities:
Continues success for the operation of 3M Company in the future with the right decision in managing the company itself.
Threats: Misleading of management may cause to conflicts in the company itself.
SWOT ANALYSIS
Strengths strong market position with diversified products strong history and experience (80 yrs) globally renowned( created international subsidiaries) strong growth and development outside USA great return of investmetn seen in 1990 have big pool of manpower (87,000) wordwide
Innovations happening from international division to international subsidiary then to global product company struture Opportunities could extend business in other parts of the world can support regional subsidiaries having created european business center advantage over competitors having own business center that will oversee product divisions
Weaknesses
Organization struture kept on changing since the time it it created overseas subsidiaries in 1950
Lack of Corporate long term strategy and policy since subsidiary was allowed to subsitute products from USA when sales volume is high which could affect product quality
No Country official was designated to manage different subsidiaries to make reporting to home office easier at first
Threats
Local competetors may have cheaper products
Culture in local
1) Since 3M Co. holds its consistency in the industry for 80 years of operation, rendering good qualities of their products and services satisfying the needs of their customers and clients.
2) Taking risk in expanding of subsidiaries in the global market. Recruiting thousands of employees to be part of the company.
Weaknesses:
1) No formal organizational chart was formulated in company.
2) Not advisable to put a word “ AUTONOMOUS” which is subject to its own laws or regulation only.
3) Formulating too much teams assign to focus in Europe without taking the capabilities of each teams.
Opportunities:
Continues success for the operation of 3M Company in the future with the right decision in managing the company itself.
Threats: Misleading of management may cause to conflicts in the company itself.
SWOT ANALYSIS
Strengths strong market position with diversified products strong history and experience (80 yrs) globally renowned( created international subsidiaries) strong growth and development outside USA great return of investmetn seen in 1990 have big pool of manpower (87,000) wordwide
Innovations happening from international division to international subsidiary then to global product company struture Opportunities could extend business in other parts of the world can support regional subsidiaries having created european business center advantage over competitors having own business center that will oversee product divisions
Weaknesses
Organization struture kept on changing since the time it it created overseas subsidiaries in 1950
Lack of Corporate long term strategy and policy since subsidiary was allowed to subsitute products from USA when sales volume is high which could affect product quality
No Country official was designated to manage different subsidiaries to make reporting to home office easier at first
Threats
Local competetors may have cheaper products
Culture in local