Running Head: 3M b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b 1
4-1 Benchmark Study: 3M
MBA 580
November 7, 2021
SNHU
3M b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b b
b b b b b b b b b b b b b b b b b b b b b b b b b 2
• 3M manages innovation by creating organizational culture that nurtures, supports, and an
facilitates innovation. The philosophy way do things around reflects diverse ‘the we here’ in
organizational elements such case histories, anecdote etc. The organization believes as s, in
creating the conditions that support innovation and creativity, which aids the management of in
innovation. b
• Within 3M, the innovation strategy and leadership style plays an instrumental role. The
innovation strategy encompasses two key elements strong product development capabilities –
