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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imitate for competitors. There exists a strong relation between organizational learning and innovation and the innovation is important as a source of competitive advantage. One of the variables of
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Westport Innovations Things are improving for Westport. Although its revenue has not grown‚ it has shown great resilience in the face of the headwinds that this turbulent oil price environment has brought with itself. Due to a 50 % decline in oil prices the inclination of fleet owners towards gas engine driven vehicles has also declined. This has caused a drop in sales and hence the drop in revenue. But the company was able to make a comeback this year by containing its costs within levels that
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Sony Corporation Time Context: End of the fiscal year in March 2000 Viewpoint: Marketing Analyst Facts: March‚ 2000 - Sony Corporation began to redesign itself as a forward-looking company in the network era of the 21st century. Consolidated net sales in the given fiscal year: 6‚687 billion yen Operating income: 241 billion yen Sony’s market capitalization: 9.1 trillion yen 4th among the Japanese companies listed on the Tokyo Stock Exchange as of May 18 2001 (Top 3 companies- NTT Docomo‚
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To: Dan DiMicco From: McKensie Booth Subject: Strategic Management Date: 11/9/2010 Nucor Corporation Memo Response: Per your request I have analyzed Nucor Corporation and the steel industry. After performing both strategic and financial analysis I offer my recommendations. Executive Summary: Nucor Corporation was the most profitable steel producer in North America in both 2005 and 2006. It is regarded as a low-cost steel producer in the United States‚ and one of the most
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McDonald’s Corporation Case Analysis Name left out BUSN 412 Business Policy July 27‚ 2008 CASE ANALYSIS MCDONALD’S CORPORATION COMPANY NAME: McDonald’s Corporation INDUSTRY: Fast Food COMPANY WEB SITE: http://www.McDonald’s.com/corp.html COMPANY BACKGROUND: The first McDonald’s was built in 1940 by the brothers Dick and Mac McDonald. In 1954 Ray Kroc became the first franchisee appointed by Mac and Dick McDonald in San Bernardino‚ California. The following year‚ 1955‚ Kroc opened his
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2010-2011 MASSEY UNIVERSITY Honesty Declaration School of Management (Albany) |Lecturer’s Name |Paper Name |Paper Number | |David Tappin |Project Management |152.752 | Honesty Declaration |I/we declare that this is an original assignment and is entirely my/our own work.
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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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HERNISCHFEGER CORPORATION CASE ANALYSIS 1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements In 1984 they changed the depreciation method from accelerated methods to the straight-line for financial reporting purposes. This change included a adjustment of the residual values on certain machinery and equipment. They also included the products purchased from Kobe Steel‚ LTD and sold by them in their net sales. Moreover‚ they
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Innovation: Championing 3M’s Post-it Notes by Knowledge@SMU‚ 13 April 2010 Go ahead and experiment with your idea. But what if I fail‚ you may ask. It is okay‚ said Geoff Nicholson‚ a former senior executive with multi-product manufacturer 3M‚ famous for its wide range of innovative products for both consumers and businesses. In fact‚ that is the trait you should look for in your employees – people who are not afraid to make mistakes – if you want your company to go far in innovation‚ said
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