Subject category:
Strategy and General Management
Published by:
Harvard Business Publishing
Version: 3 January 1995
Length: 20 pages
Data source: Field research
Abstract
Traces the birth and development of 3M Corp, focusing in particular on the origins of its entrepreneurially-based ability to innovate. In particular, it highlights the role of CEO William L McKnight in creating a unique set of values, policies, and structures to nuture and develop continuous renewal. With the changing environment of the 1980s, however, a new generation of CEOs begin to adopt new policies and change the cultural norms that helped 3M grow. The trigger issue focuses on what other changes are required.
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Abstract
Traces the birth and development of 3M Corp, focusing in particular on the origins of its entrepreneurially-based ability to innovate. In particular, it highlights the role of CEO William L McKnight in creating a unique set of values, policies, and structures to nuture and develop continuous renewal. With the changing environment of the 1980s, however, a new generation of CEOs begin to adopt new policies and change the cultural norms that helped 3M grow. The trigger issue focuses on what other changes are required.
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