Detailed PPT on 3M

1. ET - J
2015-16
College of Engineering Roorkee

2. Presentation Road Map
About the company
History
Expansion
Industry Expertise
Products of 3M
3M Leadership
Business Conduct
Organizational Structure
Visions & Goals

3. About The Company
• 3M is a global innovation company that never stops inventing
• formerly known as the Minnesota Mining and Manufacturing
Company
• Founded on the North Shore of Lake Superior at Two Harbors,
Minnesota in 1902
• Today it have $30 billion in sales,
• employs 88,000 people worldwide
• produces more than 55,000 products

4. About The Company
3M at a Glance (Year-end 2014)
• Global sales: $31.8 billion.
• International (non-US) sales: $20.1 billion (63% of company's total).
• Operations in more than 70 countries.
• 3M products sold in nearly 200 countries.
• 89,800 employees globally.
• 2014 3Mgives cash and product
donations totaled $77 million.

5. How They Do It
Idea Generation Selection Execution Commercialization
Ideas and
innovations
from inside the
organisation
patents and
innovations
from outside the
organisation
Select
Successful
Ideas
Prototypes
and
Production
Product
brought
to market
Technology
Spin-offs
Develop
New ideas echnology
Licensing
IN

6. History
• Founded by 5 businessmen in Two Harbours, Minnesota, in 1902
• Originally a mining venture
• the goal was to mine, but failed
• The company moved to Duluth and began
producing sandpaper products.
• finally became financially stable in 1916.

7. History (contd…)
• The company moved to St. Paul, where it remained for 52 years
• Then it moving to its current headquarters at 3M Centre in Maplewood
• The new Maplewood campus is 475 acres (1.92 km2) and has over 50
buildings, including an Innovation Centre that displays products 3M has
taken to market
• recognized by the American Institute of Management naming the company
“one of the five best-managed companies in the United States"

8. Expansion Of 3M
• During the 1950s, the company expanded worldwide with operations in
CANADA, MEXICO, FRANCE, GERMANY, AUSTRALIA, AND THE UNITED
KINGDOM
• recognized by the American Institute of Management naming the company
“one of the five best-managed companies in the United States"
• Presently the company has 132 plants, 67,000 employees worldwide, sales
offices in over 200 countries. worldwide sales are over $20 billion, with
international sales 58% of that total

9. Expansion Of 3M (contd…)

10. Network Of 3M Across World

11. 3M Leadership
• Leadership development remains at the top of the company's agenda.
• 3M's first chairman of the board, William L. McKnight, (1949-66) was a
unique leader and 3M has had outstanding leaders at all levels of the
company ever since.

12. 3M Leadership (contd…)
• Present CEO - Inge G. Thulin
• Joined 3M back in 1979

13. Industry Expertise
• Health care
• Transportation
• Manufacturing
• Electronics
• Communication
• automotive
• Energy
• Design & construction
• Mining, Oil & Gas

14. Products of 3M
INDUSTRIAL MEDICAL SAFETY
ELECTRICAL OFFICE CLEANING

15. Sales of Product

16. Business Conduct
2015 World's Most Ethical Company by Ethisphere
• BE GOOD: Obey the law and 3M's Code of Conduct
• BE HONEST: Act with uncompromising honesty and integrity
• BE FAIR AND IMPARTIAL: Play by the rules, whether working with
government, customers, or suppliers
• BE LOYAL: Protect 3M's interests, assets and information
• BE ACCURATE: Keep complete and accurate business records
• BE RESPECTFUL: Respect one another and our social and physical
environment around the world

17. In the words of CEO

18. Organizational Structure

19. Vision
• Economic Success: Build lasting customer relationships by developing
differentiated, practical and ingenious solutions to their sustainability
challenges.
• Environmental Stewardship: Provide practical and effective solutions and
products to address environmental challenges for ourselves and our
customers.
• Social Responsibility: Engage key stakeholders in dialogue
and take action to improve 3M’s sustainability performance

20. Function of HRM in 3M
• Benefits
• Business Human Resource Management
• Compensation
• Diversity & Inclusion
• Employee Relations
• Employee Services (payroll, data systems, and employee service centers)
• Measurement and Assessment
• Mergers & Acquisitions and Transitions
• Plant Human Resources Operations
• Talent Acquisition
• Talent Development
• Workforce Planning