Minnesota Mining and Manufacturing (3M): A look at its operations and organization in India
Summary :
Table of Contents
- Introduction
- Major markets
- 3M's Vision
- 3M's Mission
- 3M's business objectives
- Profits/ growth
- Products/ customers
- Human resources
- Citizenship
- 3M corporate policy
- Product profile
- Six sigma
- Six sigma qualities
- Six themes of Six sigma
- Six sigma process capabilities
- Players of Six sigma
- Consultants
- Six sigma leaders
- Master Black Belts (MBBs)
- Black Belts(BBs)
- Green Belts (GBs)
- Supply chain
- Functions
- Imports
- Customer service
- Distribution
- Materials management
- Integrated supply chain management
- Functional departments
- Finance department
- Financial management
- Human resource management department
- Function of human resource/office service in 3m india ltd
- Information technology department
- Technical
- Marketing department
- Automotive and specialty material markets
- Electro and telecom markets
- Health care markets
- Traffic and safety markets
- Electronic markets
- Construction markets
- Consumer and office markets
- Theoretical background of the study
- Productivity
- Benefits for 3M
- Medical assistance
- Reimbursement towards hospitalization expenses
- Health checkup
- Leave travel assistance
- Employee loan assistance program
- Emergency loan
- Superannuation
- Safety policy
- Safety, qualityand productivity department
- Environment health and safety
- Government regulations and environmental concern
- QICR projects
- Objective
- Findings of the study
- Limitations of the study
- Results of the study
- Major concerns
- Observations
- Learning
- SWOT analysis
- Conclusion
Abstract
For nine of the past 10 years, 3M has ranked in the top 10 of Fortune's annual survey of "America's Most Admired Corporations." In 1994 alone, major reporting about 3M included articles in Fortune and Business Week in the United States and 3M's success can be measured by the fact that one original share of stock has become 1,536 shares today with a value of $840,000.
Found in 1902, 3M has evolved from near failure to become one of the world's most innovative companies -- with 60,000 products that contribute to health and safety, productivity, and communication in more than 200 countries. It is said that one quarter of the world's population uses one or more 3M products every day. Technology helped lift 3M from near failure after an initial mining venture produced a single $20 sale of poor-quality abrasive material, and the company's first crude sandpaper began shedding its grit. The company's only technician solved this problem by identifying the source. The grit was shipped from Spain as ballast aboard a freighter, and olive oil leaked into it from casks broken open during a storm. From these early difficulties, 3M has evolved into a company with annual sales of more than $14 billion and operations in the United States and 61 other countries.
Found in 1902, 3M has evolved from near failure to become one of the world's most innovative companies -- with 60,000 products that contribute to health and safety, productivity, and communication in more than 200 countries. It is said that one quarter of the world's population uses one or more 3M products every day. Technology helped lift 3M from near failure after an initial mining venture produced a single $20 sale of poor-quality abrasive material, and the company's first crude sandpaper began shedding its grit. The company's only technician solved this problem by identifying the source. The grit was shipped from Spain as ballast aboard a freighter, and olive oil leaked into it from casks broken open during a storm. From these early difficulties, 3M has evolved into a company with annual sales of more than $14 billion and operations in the United States and 61 other countries.
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