Acknowledgements First of all‚ I would like to thank both my panel supervisors from the University of South Australia‚ Dr. Porpan Vachajitpan and Dr. Frank Hutson Gregory‚ for their valuable time‚ excellent advice and informative guidance in my three research studies. In spite of their tight schedules‚ they were able to provide me with advice and support whenever my queries arose. Without them‚ these studies would not have been completed. I am indeed grateful to my beloved husband‚ Mr. Boonchon
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------------------------------------------------- Case Study: 3M Q: Can other Companies just copy 3M’s structures and culture and become successful innovators also? 3M’s organizational structure is built around cultures that encourage innovation. From this angle‚ the company was able to develop 6 business strategies to promote entrepreneurship and increase customer satisfaction. For decades‚ 3M has been known as an entrepreneurial organization that pursues growth through innovation. Innovation
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The company 3M is a diverse company that was incorporated on June 25‚ 1929 with presence in more than 10 industries alone. “3M products are sold through a number of distribution channels‚ including directly to users and through wholesalers‚ retailers‚ jobbers‚ distributors and dealers in a range of trades in a number of countries worldwide” ("3M Co‚" n.d.‚ para. 1) The company head quarters is located in St. Paul Minnesota‚ however 3M has locations all over the United States. 3M is best known within
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Introduction 3M stands for Minnesota Mining and Manufacturing Co. It was founded by five businessmen in 1902 at the town of Two Harbors‚ Minn (3M‚ 2012). They originally financed the company to mine the mineral cornundum for grinding wheel abrasives but the investment became a failure because it turned out that the mineral was actually low-grade anorthosite (Goetz‚ 2011). After being done with mining‚ the founders bought a sand paper company but struggled on how to run it. Eventually‚ Lucius Ordway
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When I became a member of the Sigma Phi chapter of PTK‚ I immediately earned the position of vice-president of Honors in Action project. Early that summer‚ our chapter had only the broad theme of water scarcity - a problem with which I was not very familiar with. After much research‚ I learned we had a global groundwater problem‚ which also had local implications. I‚ then‚ presented‚ formally‚ my findings to other officers and members‚ and led challenging discussions about what role rights and responsibilities
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3m Case Study Question 1 There are many examples of successful companies. To what extent is 3M justifiably highlighted as the ‘innovating machine’? This case study has highlighted some of the key activities and principles that contribute to 3M’s performance. Many of these are not new and are indeed used by other companies. In 3M’s case they may be summarized as an effective company culture that nurtures innovation and a range of management techniques and strategies that together have delivered
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3M Company (NYSE: MMM)‚ formerly known as the Minnesota Mining and Manufacturing Company‚ is an American multinational conglomerate corporation based in Maplewood‚ Minnesota‚ a suburb of St. Paul. With over 76‚000 employees‚ they produce over 55‚000 products‚ including: adhesives‚ abrasives‚ laminates‚ passive fire protection‚ dental products‚ electronic materials‚ medical products electronic circuits and optical films. 3M has operations in more than 60 countries – 29 international companies with
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Corporate Treasury Management Lecturer: Shrimal Perera Sigma Pharmaceuticals Limited‚ 96 Merrindale Drive South Croydon‚ VIC‚ 3136 Australia Mr. Shrimal Perera Lecturer‚ Monash University 900 Dandenong Road Caulfield East VIC 3145 Dear Shrimal‚ Attached is the report you requested on for the 19th
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Innovation at 3M Corporation Case Summary 3M was and still is a worldwide leader in innovation. After a rough start in 1902‚ over decades‚ 3M enjoyed national and global growth as well as a reputation for remaining a hothouse of innovation. In the 1990’s‚ 3M was trying to move away from the incrementalism and it sought to change the mix of new products to truly create something new to the world‚ instead of line extensions‚ which typically had provided two out of three new-product sales dollars
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annually is expended on advertising alone (Shlachtmayer‚ 2013). With that amount of money spent on advertising‚ an importance is placed on the optimisation of the effectiveness of the advertisements. At Sigma Thermal‚ there is much attention on the money spent on advertising‚ and a big portion of Sigma Thermal sales is selling retrofits‚ spare parts‚ and services to existing customers. Though research has been done in the past about the effect of ads‚ according to Jagpal‚
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