Introduction to 3M 3M is a $31 billion diversified science-based technology company with a global presence and the following business groups: Consumer‚ Electronics and Energy‚ Health Care‚ Industrial‚ and Safety and Graphics. These five business segments bring together combinations of 3M’s 46 unique technology platforms to produce various products‚ driving innovation and providing for efficient sharing of business resources. With operations in more than 70 countries — and 55‚000 products sold across
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SWOT analysis III. Organizational focus: 1. Organizational structure 2. Type of structure in relation with the type of business IV. Brief Financial analysis and trends (3 years): 1. Liquidity 2. Equity 3. Debt ratios 4. Profitability ratios 3M Company was founded in 1902 by five businessmen‚ a lawyer‚ a doctor‚ two railroad executives and a butcher. The first headquarter was in the Lake Superior town of Two Harbors. Its completed name is Minnesota Mining and Manufacturing Minn. The company
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is the 3M culture. The official vision statement is “to be the most innovative enterprise in the world”‚ and 3M’s basic definition is: “new ideas +action or implementation which results in an improvement‚ gain‚ or profit”. 3M has also coined the word “inventorpreneur” for those who invent and implement. The culture encourages stubborn persistence amongst employees to accept and promote their ideas - “do your own thing”. The culture is taught and conveyed through stories and myth about 3M inventorpreneurs
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Assess the following statement: ‘The October Manifesto marked the formal end of autocratic government; for the first time the Tsar was forced to share his law-making powers’ The October Manifesto was a vague but insincere promise of political reform‚ issued by Tsar Nicholas II at the height of the 1905 Revolution (J. Llewellyn et al‚ “The October Manifesto).The Manifesto‚ a document proposed by Sergei Witte‚ which demanded civil liberties and the creation of a Duma‚ was an important stage in the
Free Russian Empire Nicholas II of Russia Russia
OCTOBER CRISIS Mairead Dunn Mr. .Burke November 23‚ 2012 SUMMARY OF MAIN POINTS October Crisis: -series of events triggered by two kidnappings of government officials by members of the Front de libération du Québec (FLQ) during October 1970 in Quebec‚ and mainly Montreal metropolitan area. -culminated in the only peacetime use of the War Measures Act in Canada’s history -was invoked by Governor General of Canada Roland Michener at the direction of the Prime Minister Pierre Trudeau‚
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Competency Model: An Internally Developed Solution • 133 3M’S LEADERSHIP COMPETENCY MODEL: AN INTERNALLY DEVELOPED SOLUTION Margaret E. Alldredge and Kevin J. Nilan This article describes the development of an executive-level global competency model at 3M. The work on this model was completed in partnership with the company’s top executives and a global team of in-house professionals. The competency model itself consists of 12 competencies and generalizable behavioral anchors for each competency. The
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emerged over time? 3M goes back to 1902 when five Minnesota businessmen established the Minnesota Mining and Manufacturing Co. to mine a mineral that they thought was corundum‚ which is ideal for making sandpaper. The mineral‚ however‚ turned out to be low-grade anorthosite‚ nowhere near as suitable for making sandpaper‚ and the company nearly failed. To try and salvage the business‚ 3M turned to making the sandpaper itself using materials purchased from another source. In 1907‚ 3M hired a twenty-year-old
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Stephanie October 22nd‚ 2013 Hour 3 The Perfect Rocket Actress Audrey Hepburn once said “I tried always to do better: saw always a little further. I tried to stretch myself.” In the movie October Sky‚ Homer Hickam is a young boy who has dreams outside of his mining town of Coalwood‚ West Virginia. He stretched his dreams and pushed himself until he launched his rocket to turn everyone into believers. He saw a little further and wanted opportunities outside of Coalwood .Throughout the movie
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3M Case Study 1. Classify the Greptile Grip golf glove by the two methods discussed in the class. Identify what kind of product the Greptile Grip golf glove best belongs to. Explain why. I would have to say the Greptile Grip golf glove best belongs to business goods because it is a product that can directly or indirectly assist in providing products for resale. For instance‚ the glove can assist in the purchase of clubs from 3M or even more of their products if they like it. Gloves are not the
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October Sky Marion Eady The film October Sky (1999)‚ directed by Joe Johnson is based on a true story of Homer Hickman ( a coal miners son) who is inspired to build a rocket after the Russian launch of the first artificial satellite (Sputnik) into orbit. The film definitely focuses on the course theme of being a social outcast. This is explored in the film through three people‚ John Hickman (Homers Father)‚ the town of Coalwood and Mr.Turner (Homers principle). Firstly‚ John Hickman
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