A closer look at the company 3M

Type :

Term papers

Pages :

28 pages

Format :

.doc

Published date :

08/25/2009

Category :

Business & market

Sub category :

Management

Oboulo.com selection criteria

$ 19.95 Add to cart

Summary :

Introduction
3M history and corporate milestones
1. Timeline: 1900 to 1909
2. Timeline: 1920 to 1929
3. Timeline: 1930 to 1939
4. Timeline: 1940 to 1949
5. Timeline: 1950 to 1959
6. Timeline: 1960 to 1969
7. Timeline: 1970 to 1979
8. Timeline: 1990 to 1999
Company profile
1. Major markets served
2. 3M's principles of management
3. Product profie
Functional arears
1. Automotive and specialty material markets
2. Electro and telecom markets
3. Health care markets
4. Traffic and safety markets
5. Electronic markets
6. Construction markets
7. Consumer and office markets
Technical
Finance
Information technology
Supply chain
1. Imports
2. Customer service
3. Distribution
4. Materials management
Global trading
1. Vision
2. Role
Human resource/office service
Six sigma
3M corporate policy
Meaning and definition
1. Human resource management
2. Core concept of HRM
Semantics
Objectives of HRM
1. Organisational objective
2. Functional objective
3. Personal objective
Theoretical background of the study
1. Productivity
Benefits for 3M
1. Medical assistance
2. Reimbursement towards hospitalization expenses
3. Health checkup
4. Leave travel assistance
5. Employee loan assistance program
6. Interest subsidy at 3M
7. Emergency loan
Safety, quality and productivity
1. Link between productivity and safety
2. Environment health and safety
3. Safety committee
4. 24 hour safety
5. Personal protective equipment
Quality and productivity
1. Link between productivity and quality
2. Why is productivity important?
3. Steps taken to improve yield
4. QICR projects
Other systems adopted
1. Employee satisfaction team
2. Appreciation cheques
3. Employee communication forum
4. Employee opinion survey
Statement of problem
1. Objective
2. Scope of the project
3. Methodology adopted
Findings of the study
Limitations of the study
Results of the study
Miscellaneous observations
Learnings
SWOT analysis
Suggestions and recommendations

Abstract

3M is a well-established business presence in the 61 countries where it operates. In these, it has 109 plant locations and 223 sales offices. In Japan alone, 3M's largest single-country market outside the United States, the company's sales top $1.4 billion annually, and it is a leader in a number of markets. 3M Scotchcal* Vinyl Films are the most widely used materials in Japan for advertising graphics on trucks, buildings and signs. On a global basis, 3M is the only U.S. company to be a leader in videotape, and it is the undisputed leader in computer diskettes, data cartridges and tapes.

3M stresses proper funding of science and technology to provide the new products that are the building blocks of its growth. The company spends 7 cents of every sales dollar on R&D -- more than twice the average of U.S. manufacturing companies. This produces a cornucopia of new products. In 1993, 3M generated sales of more than $900 million from products less than a year old. In 1994, 3M expected to achieve its new goal of 30 percent of sales from products less than four years old.

3M's tradition is to maintain R&D spending at a high level during difficult times, which helps the company, continues to outperform the economies it serves and positions it well for early participation when recovery occurs.