their inventions. Having said that‚ low rankings employees can’t always get their products up the ladder‚ this is certainly the case for 3M. Products don’t die at 3M‚ but this case study does suggest that many good ideas never materialize to a good product. After all‚ the Post-It success looks a bit miraculous‚ and miracles don’t happen very often. 4. Every 3M researcher gets to spend up to 15% of his time pursuing his own interests. This policy is immeasurable because of the very nature of a scientist
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3M Optical Systems: Managing Corporate Entrepreneurship MST550 – Capstone Professor Jack Raiton HBSP Case #395-017 Discussion Questions 1. What practices make 3M such an innovative company? 2. What is Any Wong’s role as the OS Unit’s general manager? How effective has he been? 3. What is Paul Guehler’s role as division vicepresident? How effective has he been? 4. What should Andy Wong do with the computer screen AFE? If he gets the AFE‚ should Guehler fund it? Case Outline • • • • • •
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CASE #4: 3M Canada: Industrial Business Division PROBLEM RECOGNITION * The target is to increase growth rate from 3-5% to 12-15% in 18 months * OEM market is mature with limited prospects of expansion * Ultimately shifting overall focus from OEM market to MRO market * High unfamiliarity and low exposure to the MRO market * IBD’s share of distributor sales was 2% of distributors’ revenue * Transitioning focus from Special and Niche accounts to Large National accounts
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Fiber optics is a cable that is quickly replacing out-dated copper wires. Fiber optics is based on a concept known as total internal reflection. It can transmit video‚ sound‚ or data in either analog or digital form . Compared to copper wires it can transmit thousands of times more data (slide 2) . Some of its general uses are telecommunications‚ computing‚ and medicine. <br> <br>The very first "fiber" was made in 1870 by the British physicist John Tyndal. In this experiment that he showed to the
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Light‚ Color‚ and Sound - 4th Six Weeks Project Fiber Optics Sara McCormack‚ Special Harris‚ K’sandra Cunningham‚ and Arkayza Ross Light‚ Color‚ and Sound – Fiber Optics An optical fiber is made up of a core‚ cladding‚ and a buffer. The cladding moves the light along the core by using total internal reflection. The core and the cladding are usually made of high-quality silica glass‚ but they can both be made of plastic as well. Connecting two optical fibers is done by fusion splicing
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Submitted by: Group 1 Alok Aswathy Ashwini Nayanshree Sai Sujeetha Shivani INTRODUCTION The 3M Company‚ formerly known as the Minnesota Mining and Manufacturing Company‚ is an American multinational conglomerate corporation based in St. Paul‚ Minnesota. 3M headquarters are in the St. Paul suburb of Maplewood‚ Minnesota. Five businessmen founded 3M in Two Harbors‚ Minnesota‚ in 1902. Originally a mining venture‚ the goal was to mine corundum‚ but this failed because the
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There is no need to change basic corporate culture of innovation at 3M. 3M already has impressive internal strengths and in order to avoid further stagnation and increase company’s earnings per share more cohesive and systematic plan is needed. We would recommend the long term strategy development to increase the efficiency and competetiveness of the 3M products. 3M is fundamentally a science-based company. We produce thousands of imaginative products‚ and we’re a leader in scores of markets -
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Sof-Optics‚ Inc. 1. See attached slide on final page 2. There are a number of problems facing Sof-Optics (detailed below). The most severe problems are in the CSR department: a. Major problems: i. Going forward‚ Sof-Optics will be under pressure to lower prices since B&L (the industry leader) just slashed prices by 25%. This is especially troubling‚ given the point that follows… ii. Loss of customers (and sales) due to long customer service wait times or lack of phone lines available (i
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3M and Norton Evolutionary vs. Classical Strategic Management A Case Study from Jim Collins & Jerry Porras‚ Built to Last‚ 1997 Questions for Discussion (1) 3M’s strategy contradicts nearly everything that an MBA program is supposed to teach you about planning and control. Explain: a. How would marketing studies and product planning benefit 3M in producing more successful products? b. How 3M can expect to survive in the long run if it is unable to compute the return on investment and cash
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Case study-The 3M Company Insert name Insert institution Insert instructor’s name Insert the date Case study-The 3M Company Initially known as the Minnesota Mining and Manufacturing Company‚ this company was pioneered in 1902 at Minnesota near Lake Superior. It was set up to sell mineral deposits which were later proved to be valueless and this initiated early research and development of this company while in Duluth. This saw its success in selling sandpaper products. The company later increased
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