Non-Financial Performance Recognized as one of the most innovative companies by BusinessWeek In 2000, James McNerney was hired as CEO Six Sigma Back to focusing on creativity Programs “Pollution Prevention Pays”
Strengths and Weaknesses Technological Development Firm Infrastructure Operations Outbound Logistics Marketing and Sales Human Resource Management Information Systems Procurement/Inbound Logistics Customer Service Finance and Accounting Strengths Weaknesses Derek
3M vs. Competitors Blue=3M. Red=General Electric. Orange=Tyco International Ltd. Green=DuPont.
Opportunities and Threats Specific Environment Current Rivalry High growth in global markets Low fixed costs Major Entry Barriers High capital requirements Government Policy Bargaining Power of Buyer Differentiated Products Bargaining Power of Supplier Industry is important source of revenue Supply is not important input Bargaining Power of Buyer Large purchase volumes Threat of Substitutes Coated/Laminated Papers and pressure sensitive labels Cost leader Opportunities Threats Zach
Opportunities and Threats External General Environment Economic Optimistic hopes for 2011 Low interest rates Demographic An aging society Socio-Cultural Growing concern for renewable energy Generation Z Technological Electronics market materials Research and Development Demographic Unemployment Political-Legal Environmental regulations Multi-national business Opportunities Threats Joseph