CRANEFIELD COLLEGE Of Project and Programme Management INDIVIDUAL EXAMINATION Transformational Corporate Strategy (M4) CASE: Revitalising innovation at 3M Declaration “I hereby declare that this assignment is entirely my own work‚ and that it has not previously been submitted to any other Higher Education Institution. I also declare that all published and unpublished sources have been fully acknowledged and properly referenced. This includes figures‚ tables and exhibits. Where modified
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Case study An analysis of 3M‚ the innovation company Introduction Any review of the literature on new product development and innovation management will uncover numerous references to 3M. The organisation is synonymous with innovation and has been described as ‘a smooth running innovation machine’ (Mitchell‚ 1989). Year after year 3M is celebrated in the Fortune 500 rankings as the ‘most respected company’ and the ‘most innovative company’. Management gurus from Peter Drucker to Tom Peters continually
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Reputation: 1950s Such growth could not be ignored. Now that 3M was publicly traded‚ investment bankers took to recommending it as a buy‚ business magazines sent reporters to write about it‚ and other companies tried to figure out how 3M continued to excel. McKnight’s immediate successor as president‚ Richard Carlton‚ encapsulated the company’s special path to prosperity with the phrase: "we’ll make any damn thing we can make money on." Yet the 3M method involved a great deal more than simply making and
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3M Optical Systems: Managing Corporate Entrepreneurship Submitted by: GROUP 6 Padilla‚ Rachelle Pangader‚ Abdul Najib P. Penallosa‚ Mary Ann Pizon‚ Rosjeb Ravanera‚ Aaron Sumanpan‚ Hester Lee WRITTEN ANALYSIS OF CASE (BA 115) I. PROBLEM Mr. Andy Wong is in a dilemma on whether he should support an investment request for a third attempt at launching the privacy screen project developed by the struggling Optical Systems Unit. II. POINT OF VIEW Andy Wong III. OBJECTIVES
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Nature Miracles of Jesus: 1.Jesus turns Water into Wine (John 2:1-11) 2.Miracle of draught of fishes (Lk 5:1-11) 3.Jesus walks on water (Matthew 14:22-33‚ Mark 6:45-52 and John 6:16-21) 4.Transfiguration of Jesus (Matthew 17:1–9‚ Mark 9:2-8‚ Luke 9:28–36) 5.Jesus calms the storm (Mark 4:35-41‚ Luke 8:22-25 and Matthew 8:23-27) Healing Miracles Of Jesus: 1.Jesus heals the Blind man in Bethsaida (Mk. 8:22-26) 2.Jesus heals the blind near Jericho‚ named Bartimaeus (Mk. 10:46-52) 3
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| | | CONTENTS Question 2 3 Determine 3M’s core competencies and assess if 3M has a sustainable competitive advantage. Support your claim. Question 3 9 Critically evaluate the success of 3M’s strategies (acquisition included) in 2006‚ from both a strategic and financial perspective. Question 4
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Making Study Notes Making good notes is an open secret of success of student. Making notes is a part of preparation for exam. Good Notes ensures high grades in exam. Questionnaires filled out by successful students show that 80% students attribute their success to good notes. Making good notes is a skill. How to make good Notes. First let me tell‚ what are the properties of good notes 1. Easily understandable 2. Easily revisable 3. Save time – because you don’t have to read
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3M The article “Strategic Stories: How 3M is Rewriting Business Planning” is a two in one type of article. The author initially discusses the drawbacks of using bullet point in presentations‚ mainly on how it contains lack of information‚ clarity and attention to the audience. The author continues by giving an alternative way of delivering the idea in mind by a strategic narrative style‚ which captures the audience and delivers the points needed to be made effectively. Throughout the article the
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3M Introduction 3M is fundamentally a science-based company. We produce thousands of imaginative products‚ and we’re a leader in scores of markets - from health care and highway safety to office products and abrasives and adhesives. Our success begins with our ability to apply our technologies - often in combination - to an endless array of real-world customer needs. Of course‚ all of this is made possible by the people of 3M and their singular commitment to make life easier and better for people
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period has established a clear reputation as a major innovator. Their technical competence has been built up by a long-term commitment to R&D on which they currently spend around $1bn p.a.; this has yielded them a regular position in the top 10 in US patents granted. They have launched a number of breakthrough products which have established completely new markets and they have set themselves a consistent stretch target of getting 30% of sales turnover from products launched during the past four years
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