Transcript 3M- The First 110 Years

3M- The First 110 Years
A Case Study Review
By: Kim Rivera, Chelsea Day, Marcia Stokes-Cooper, JR Smith and Katie Little
October 22, 2014
Case Overview
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History, Development & Structure
Internal Strengths and Weaknesses
External Opportunities and Threats
S.W.O.T. Analysis
Corporate and Business Level Strategies
Recommendations
The Beginning
Henry S.
Bryan
Hermon W.
Cable
John Dwan
William A.
McGonagle
Dr. J. Danley
Budd
History Timeline
1902
Founded
1910
Company
Moves
1905
Mr. Lucius
Ordway
1920
Waterproof
Sandpaper
1916
First
Stockholder’s
paid
1950
Thermo-fax
copying
process &
Scotch Guard
1929
William
McKnight
1925
Masking
and Scotch
tape
1940
WWII
Defense
Materials
1991
Desi DeSimone
2000
Jim
McNerney
2012
Inge
Thulin
2005
George
Buckley
Technical
Forum
Pacing
Plus
Program
R&D
Finance
HR
Pathfinder
Program
3M
IPC
Company Structure
Internal Environment
Strengths
Weaknesses
External Environment
Opportunities
Threats
Strength
Weakness
• Structure
• Changes in
CEO
Opportunity
Threat
• New Products
• Patent
protection
Corporate-Level Strategies
• International Expansion
• Strategy 2?
• Strategy 3?
(I was having trouble picking out the strategies- don’t know if we
have 3 per se)
Business-Level Strategies
• Hiring an ‘outsider’- McNerney
• Rewards and Recognition Programs
• Company Structure
(Again, had trouble picking these out too…should we have 3?)
Recommendations
• Recommendation 1
• Recommendation 2
• Recommendation 3
(Do you think we need 3?- I just feel like that’s always a safe number)
Thank you!
Q&A