Preview

Innovation at 3m

Satisfactory Essays
Open Document
Open Document
633 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Innovation at 3m
INNOVATION AT 3M CORPORATION: CASE STUDY
There are two major issues highlighted in this case study: 1. Is the ‘lead-user’ process, an effective method for research and subsequent product innovation? 2. Should the Medical-Surgical Markets Division (MSMD) lead-user research team present its revolutionary new approach to treating infection to senior management despite the fact that it challenged the existing business strategy?
QUESTION 1
The answer to the first question is ‘yes’. By the mid-1990s the MSMD had not had a breakthrough product for almost a decade. The surgical drapes product had been very successful but there was little room for growth in existing markets, shrinking margins on existing products and minimal sales in developing countries (due to the high costs). Team leader Rita Shore had to identify new customer needs and new way of looking at the product or the division risked being made redundant. So the initial goal was to find a better/cheaper kind of surgical draping.
Through a combination of intense academic and field research, determining major trends and intensive workshops involving lead users from a variety of backgrounds the team was able to generate a list of concepts that it then further refined based on a system of metrics for ranking ideas that they had also created.
The team was then able to recommend three product-line concepts to present: 1. An economy line of surgical drapes 2. A ‘skin doctor’ line of hand held devices 3. An armour line that would coat catheter and tube in an antimicrobial coating
So a pilot project for the lead user method had already resulted in one incremental innovation (economy surgical drapes) and two new product proposals (skin doctor and armour line).
Additionally the team had identified a truly revolutionary approach to infection control – one that, if implemented, could not only open up an entirely new market for 3M but also mean the start of a whole new set of product lines and

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Stryker produces the following products to be considered for this project. We believe ABC Medical will benefit from the use of these products:…

    • 749 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Two years later, when the team was ready to order the 9,000 plus items from the list, the changing nature of medical technology meant some of the desired pieces no longer fit into the spaces they were designed for. The management team held an equipment summit, and Project leaders called together stakeholders from across the team, from the construction manager to purchasing experts, each and every stakeholder weighed in. The materials management department knew what items they could get from vendors below list price and the construction team showed them where we could modify interior walls and where we could not. From that summit, the project team created a tightly controlled change-control process to vet requested equipment changes. The project team’s change management practices not only stopped equipment needs from breaking the budget ($260 million) but also prevented stakeholder feedback from creating scope creep. Ms. Susan Voltz, PMP, senior director, strategy and project management, from Nemours said “We were designing a hospital, creating all the operational processes, starting to procure equipment, procure and install IT systems, go through regulatory processes, designing space and creating space—all without the input of the key physicians and clinicians who would actually be using the space.” (La Plant, L.,…

    • 780 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Pt1420 Unit 1 Assignment

    • 303 Words
    • 2 Pages

    The object is to discover terms that have comparative idea or importance as the given term. The Concept Insights benefit performs applied investigation and ordering of archives chosen by the client. The administration fabricates a calculated model in view of the given archives and uses the model to scan for theoretically comparative reports. The relations between the reports are displayed in a chart that is likewise offered to the client. The framework downloads information from the free online reference book…

    • 303 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Syracuse Essay 2

    • 1685 Words
    • 7 Pages

    Sunset Medical experienced a great deal of turmoil over the past few years. In 2008, while at a medical convention, Medical Management Inc. (MMI) approached Dr. Jones with a proposal to provide managerial and billing services. MMI’s pitch centered on utilizing synergistic core competencies, exploiting MMI’s marketing and managerial expertise and Dr. Jones’ professional reputation to increase revenues, decrease expenses, and improve cash flows. After lengthy negotiations, Dr. Jones signed a contract with MMI and after a three-month trial period, effectively turned over Sunset’s day-to-day operations. However, at the end of the first full fiscal year, Dr. Jones finds herself questioning whether to continue Sunset’s contract due to unforeseen financial setbacks or to terminate the contract and in-sourced all previously outsourced activities.…

    • 1685 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    This assignment requires justification to the vice president for approval to purchase a major piece of equipment for use in the radiology department of the hospital. My main objective is to provide valuable information to justify the cost as well as provide critical data that substantiates the ROI. Additionally, the report will have detailed information outlining the benefits that will assist in the decision making process and address all concerns and questions relating to the purchase. Lastly, the report will include how beneficial and profitable the technology will be for the hospital.…

    • 908 Words
    • 4 Pages
    Good Essays
  • Good Essays

    FINAL PAPER

    • 1809 Words
    • 5 Pages

    In January 2013, Sterling Household Products Company (Sterling), a highly successful manufacturer and marketer of household goods, was experiencing low growth rates for unit volume, sales, and profits which led management to seek expansion into higher growth industries. Between 2010 and 2012, sales had a compounded annual growth rate (CAGR) of only 2.2%, sales volumes in units were less than 1% per year, operating expenses rising faster than inflation, and retailers with high buying power (The 10 largest customers accounted for 55% of sales). Sterling identified the health care infection-control market as an attractive sector with high growth opportunities, and the product lines were a natural extension of Sterling’s current production. Sterling found its ideal investment opportunity through Montagne Medical Instruments Company’s (Montagne) germicidal, sanitation, and antiseptic products unit (GS&A Unit). The unit was profitable with an operating margin of 18.9% in 2012 and sales grew over 5% annually the past two years. However it was not a core focus for Montagne and required scarce resources and time, so Montagne was eager to sell the unit.…

    • 1809 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Nut Task 2

    • 2443 Words
    • 10 Pages

    " High infection rates can be scrutinized for a common link, or increases in adverse events can be analyzed to improve patient safety and provide better care. Information is easily sorted and compiled to provide various reports that are user-specific.…

    • 2443 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    An EDW assists in making this possible by facilitating with the trending and surveillance of data. In regards to infection control, better analysis of administrative and clinical data will help the hospital to gain more clarity into hospital-acquired infection rates and any associated costs. There are certain clinical infection surveillance systems that can also be implemented in which surgical procedures, pharmacy orders, and lab results can be analyzed in a real-time manner to help identify, manage, and control infection. From there, risk managers and clinicians can more easily identify any significant risk points. By taking on a more proactive risk management approach, staff members will be encouraged to positively collaborate with one another, and teams will hopefully come together to work towards improving overall patient care and…

    • 1573 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Next, we have to finds ways to minimize the problem at hand. We need to get this infection rate down because , number one we are putting our patients at risk for infection, as well as our employees and guest that come to the nursing home. Plus, the more infections we have in the nursing home, the more we will be fined and lose money, and could…

    • 614 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Infection Control

    • 580 Words
    • 3 Pages

    |Learning Outcome 1 – Understand roles and responsibilities in the prevention and control of infections |…

    • 580 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    This program contained methods and guidelines that will prevent healthcare associated infections. The Comprehensive unit based program focus on improving safety culture, teamwork, and communication among healthcare provider with checklist of proving practices for preventing health-associated infections. This new program was implemented in many hospitals across the United States to prevent those infections. It was implemented in more than 1000 US intensive care units (ahrq.gov, 2016). According to the department of Health and Human Services, since this program took place, it reduced blood stream infections by 41% and prevented over 2100 CLABSI, which saved more that 500 lives and also saved $36 million in cost (ahrq.gov, 2016 pg. 2). Furthermore, the AHRQ collaborated with the department of defense and developed STEPPS, which is a training program designed for healthcare professionals to enhance patient’s safety, communication and teamwork skills (ahrq.gov, 2016. Pg.3), and since then AHRQ trained about 1500 organizations. They also provide nation wide free trainings for healthcare providers. Furthermore, they partnered up with CMS to expand the training of the healthcare providers in order to improve the quality of healthcare across the United…

    • 1257 Words
    • 6 Pages
    Good Essays
  • Good Essays

    In order to identify possible issues that are interfering with Meditech’s ability to remain a leader in the endoscopic market, to understand clearly an analysis will be conducted to identify meditech’s problems in the introduction of new products, concerns in manufacturing, and all its products. The analysis will also observe how problems occur both systemically and organizationally, and the reason why the customer service manager pays quick attention to such problems. Furthermore, suggestions will be made in order to improve Meditech’s position and remain relative in the medical industry.…

    • 773 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Gupta. A. K., & Wilemon. D. L. 1990. Accelerating the development of technology-based new products. California Management Review, 32(2):24-44.…

    • 2167 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    healthcare innovation

    • 905 Words
    • 4 Pages

    The healthcare industry has experienced a proliferation of innovations aimed at enhancing life expectancy, quality of life, diagnostic and treatment options, as well as the efficiency and cost effectiveness of the healthcare system. Information technology has played a vital role in the innovation of healthcare systems. If the concept of healthcare innovation can be clarified, then it may become easier for health policymakers and practitioners to evaluate adopt and procure services in ways that realistically recognize, encourage and give priority to truly valuable healthcare innovations. Innovation is considered to be a critical component of business productivity and competitive survival. Technological innovations present vast opportunities for 1) product innovation – the introduction of new types of goods and services for the external market and 2) process innovation – enhancement of internal production processes for goods and services. Product innovations are essential to the life of any organization since they provide the most obvious means for generating incremental revenues.…

    • 905 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    This article talks about how market research can provide useful inputs in the Lead User Methodology which can improve the productivity of new product development, especially to those products that are subject to rapid technological changes. Lead users not only provide information concerning their unfilled needs but even provide solutions and can even be developers of successful new products. Lead user are characterized by those who face needs that are general in the market but much before the others experience it and they also arrive at a solution which provides them wit a high level of benefit. The article uses the case study involving Computer Aided Designs (CAD) systems because it was a rapidly growing market. The four steps used in conducting this research were: (1) Specifying lead user indicators by first identifying a market or technological trend and then defining the potential benefit. (2) Identifying the lead user group. (3) Generating data from the lead users from their real life experiences. (4) Testing the above lead user concept because the needs of today's lead users (early adopters) may not always be the same as those of the followers. Learning Points: (1) The assumptions prove that lead user analysis can improve productivity of new product analysis. (2) There are various problems like accurate trend identification, product perceptions of lead and non lead users tat must be considered. (3) In addition to industrial products, lead user methodology can be applied to consumer goods; services etc and lead users can even be created and can be of use after product launch as…

    • 279 Words
    • 2 Pages
    Satisfactory Essays

Related Topics