3M: An innovation story
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Transcript of 3M: An innovation story
1 19 August 2014 . All Rights Reserved. © 3M
Innovation that Makes Progress Possible
2 19 August 2014 . All Rights Reserved. © 3M
3 19 August 2014 . All Rights Reserved. © 3M
3M. Where Innovation Never Stops.
3M is the Global Innovation Company
that makes progress possible.
We create transformational products and solutions that enable
customer success and improve people’s lives around the world.
Our collaborative, high-energy approach helps solve the toughest
problems across industries and markets.
4 19 August 2014 . All Rights Reserved. © 3M
3M Global Overview
•Headquartered at St. Paul, Minnesota, USA
• $30 billion in global sales*
• $19.3 billion in international sales (65% of company’s total)*
•Net Income at $4.4 billion (14.9% of sales)
•R&D investment at 5.4% of sales
•Operations in more than 70 countries*
• 55,000+ products sold in nearly 200 countries
• 88,000+ employees globally
• 46 technology platforms
• 527 US patents and a total of 3,100+ patents awarded (2012)
•One of 30 companies in DJIA Stock Index and also a component of the Standard & Poor’s 500 index
• 5 Market Leading Business Groups
5 19 August 2014 . All Rights Reserved. © 3M
A Well Known & Respected Brand
9-Time ENERGY STAR® Sustained
Excellence Award Winner
40 Best Companies for Leaders
3M Ranks 10th
Most Innovative Companies
3M Ranks 3rd Most Reputable Companies
3M Ranks 4th
Best Global Green Brands
3M Ranks 12th Most Respected Companies
3M Ranks 7th
Most Admired Companies
3M Ranks 21st
3 4
21 7 12
9 10 (Based on 2012 and 2013 data)
6 19 August 2014 . All Rights Reserved. © 3M
Recognized for Innovation
3M™ LED Advanced Light – the
company’s first-ever bulb received a
Gold Edison Award in the Lighting
category.
3M™ Molecular Detection System,
which detects dangerous food-borne and
food processing environment pathogens,
earned a Silver Edison Award within the
Diagnostic/Analytic Systems category.
Scotch-Brite™ Greener Clean
Sponge is among Sustainable Brands
list of13 Hot Sustainable Products to
Follow in 2013.
7 19 August 2014 . All Rights Reserved. © 3M
One of the Best 100 Global Brands by strategic
brand consultancy, Interbrand in 2012
Market-leading strategic brands
Our strategic brands play an integral role
in strengthening the 3M brand allowing
us to deliver tangible results that enable
customer success
One Strong Brand, Complemented by Many Strategic Brands
8 19 August 2014 . All Rights Reserved. © 3M
Ideas Connect Across Diverse Technologies
Ab Abrasives
Ac Acoustics
Ad Adhesives
Am Advanced Materials
An Analytical
As Application Software
Bi Biotech
Ce Ceramics
Dd Drug Delivery
Di Display
Do Dental & Orthodontic Materials
Ec Energy Components
Em Electronic Materials
Fc Flexible Converting & Packaging
Fe Flexible Electronics
Fi Films
Fl Fluoro-materials
Es Electronics & Software
Fs Filtration, Separation, Purification
Im Imaging
In Inspection & Measurement
Is Integrated Systems & Design
Lm Light Management
Md Medical Data Management
Me Metal Matrix Composites
Mf Mechanical Fasteners
Mi Microbial Detection & Control
Mo Molding
Mr Micro-replication
Nt Nano-technology
Nw Nonwoven Materials
Op Opto-electronics
Pd Particle & Dispersion Processing
Pe Predictive Engineering & Modeling
Pm Polymer Melt Processing
Po Porous Materials & Membranes
Pp Precision Processing
Pr Process Design & Control
Rp Radiation Processing
Se Sensors
Sm Specialty Materials
Su Surface Modification
Tt Track & Trace
Vp Vapor Processing
We Accelerated Weathering
Wo Wound Management
9 19 August 2014 . All Rights Reserved. © 3M
Ab Abrasives
Ac Acoustics
Ad Adhesives
Am Advanced Materials
An Analytical
As Application Software
Bi Biotech
Ce Ceramics
Dd Drug Delivery
Di Display
Do Dental & Orthodontic Materials
Ec Energy Components
Em Electronic Materials
Fc Flexible Converting & Packaging
Fe Flexible Electronics
Fi Films
Fl Fluoro-materials
Es Electronics & Software
Fs Filtration, Separation, Purification
Im Imaging
In Inspection & Measurement
Is Integrated Systems & Design
Lm Light Management
Md Medical Data Management
Me Metal Matrix Composites
Mf Mechanical Fasteners
Mi Microbial Detection & Control
Mo Molding
Mr Micro-replication
Nt Nano-technology
Nw Nonwoven Materials
Op Opto-electronics
Pd Particle & Dispersion Processing
Pe Predictive Engineering & Modeling
Pm Polymer Melt Processing
Po Porous Materials & Membranes
Pp Precision Processing
Pr Process Design & Control
Rp Radiation Processing
Se Sensors
Sm Specialty Materials
Su Surface Modification
Tt Track & Trace
Vp Vapor Processing
We Accelerated Weathering
Wo Wound Management
Ab Abrasives
Ac Acoustics
Ad Adhesives
Am Advanced Materials
An Analytical
As Application Software
Bi Biotech
Ce Ceramics
Dd Drug Delivery
Di Display
Do Dental & Orthodontic Materials
Ec Energy Components
Em Electronic Materials
Fc Flexible Converting & Packaging
Fe Flexible Electronics
Fi Films
Fl Fluoro-materials
Es Electronics & Software
Fs Filtration, Separation, Purification
Im Imaging
In Inspection & Measurement
Is Integrated Systems & Design
Lm Light Management
Md Medical Data Management
Me Metal Matrix Composites
Mf Mechanical Fasteners
Mi Microbial Detection & Control
Mo Molding
Mr Micro-replication
Nt Nano-technology
Nw Nonwoven Materials
Op Opto-electronics
Pd Particle & Dispersion Processing
Pe Predictive Engineering & Modeling
Pm Polymer Melt Processing
Po Porous Materials & Membranes
Pp Precision Processing
Pr Process Design & Control
Rp Radiation Processing
Se Sensors
Sm Specialty Materials
Su Surface Modification
Tt Track & Trace
Vp Vapor Processing
We Accelerated Weathering
Wo Wound Management
How Do We Connect Traffic Signs to a Flat Screen TV?
By leveraging our 46 technology platforms
Mr Micro-replication
10 19 August 2014 . All Rights Reserved. © 3M
By Developing a Technology That Bends Light…
3M innovators pioneered a technology platform
incorporating thousands of tiny grooves into a
plastic surface to achieve light-bending properties.
Mr Micro-replication
11 19 August 2014 . All Rights Reserved. © 3M
…We Set Our Idea on a Journey Where it Evolved into a New Opportunity
The technology moved from
overhead projectors to traffic signals
on the roads.
Mr Micro-replication
12 19 August 2014 . All Rights Reserved. © 3M
3M experts then began exploring new
possibilities for the technology in abrasives,
in magnetic recording and in the emerging field
of flat-panel displays (LCDs).
…We Set Our Idea on a Journey Where it Evolved into a New Opportunity and then Another
Mr Micro-replication
13 19 August 2014 . All Rights Reserved. © 3M
…We Set Our Idea on a Journey Where it Evolved into a New Opportunity and then Another
Mr Micro-replication
Brightness Enhancement Film (BEF)
became a game-changer for 3M,
making screens brighter and thinner
at the same time, optimizing all angles
of light while extending battery life.
Fi Films
and Another
14 19 August 2014 . All Rights Reserved. © 3M
We Dare to Imagine What Can be Created When We Connect an Idea from One Area to the Need of Another
Fi Films
Mr Micro-replication
Di Display
Ab Abrasives
Ad Adhesives
Dd Drug Delivery
15 19 August 2014 . All Rights Reserved. © 3M
Leading to Cutting-edge products serving diverse markets
State-of-the-art stethoscope that uses Bluetooth
technology to wirelessly transmit heart and lung sounds
to a computer for analysis, helping doctors better
diagnose their patients.
3M™ Littman® Electronic Stethoscope Model 3200 Helping doctors listen to patients’ hearts
3M’s Ultra Barrier Solar
Film for solar modules
acts as a replacement for
glass, reducing costs for
rooftop solar installations
thus making solar energy
more affordable leading to
energy conservation.
Making the sun’s job a
little easier.
3M™ Ultra Barrier Solar Film
3M pioneered the pocket projector with the
introduction of the 3M™ MPro110. This new age
projector series with various versions has been
helping people carry their content and present
them on the go anywhere with Bluetooth & Wifi
connections.
Creating an office on the go. 3M™ Mobile Projector Series
16 19 August 2014 . All Rights Reserved. © 3M
Providing a Helping Hand to homemakers
Since the early 90s, 3M’s Scotch-Brite® range of
cleaning products from the scrub pad to hand held
mops have been providing a helping hand to Indian
homemakers to clean better and faster.
Scotch-Brite® range of cleaning products
Helping Advance Health Care
3M products, such as
waterless hand scrubs,
surgical preps and
sterile drapes, are
helping hospitals around
the world reduce
expensive and often
tragic health care related
infections.
3M Medical Products
From Median Markers that make road
medians visible at night to Vertical
Delineators that help discipline traffic,
3M’s innovations using reflective
technology, for traffic safety and roads
have helped make driving safer and easier.
Helping Safer Navigation on our Roads
3M Traffic Safety Products
3M™ Cubitron II™ Abrasives
Making industrial processes
more efficient
Abrasive products made
with 3M patented ceramic
mineral which are designed
to give precise results
during grinding, beveling
and other industrial
processes.
17 19 August 2014 . All Rights Reserved. © 3M
Making smiles brighter 3M ESPE LAVA ®
3M ESPE’s Lava is an innovative CAD/CAM platform
that helps produce metal-free crowns and bridges for
better and stronger smiles.
Powering our cities 3M™ Aluminium Conductor Composite Reinforced
(ACCR)
A lightweight conductor which provides up to 2-3
times power compared to conventional
conductors, ramping up the power capacity of
installations without tampering with existing
infrastructure.
3M™ Confirm™ Authentication Products with
Floating Image Technology are a multi-layered
security solution (both overt and covert) that help
ensure protection of brand assets preventing
counterfeiting and duplication.
Keeping Counterfeiting & Duplication at bay 3M™ Confirm™ Authentication Products
18 19 August 2014 . All Rights Reserved. © 3M
A Culture of Innovation “Innovation is more than just a bright idea; it is an idea that gets implemented and has a real impact. In other words, somebody has to
make it happen.”
Research & Development 3M invests generously in R&D
to fuel the innovation pipeline.
• Innovations like the electronic
stethoscope (using bluetooth
technology) and 3M Solar Film
(used in the World’s largest
Aperture Trough)
• Result of 3M Innovation model
• Inventing new products that
previously did not exist
Bold Talent 3M encourages bold risk taking and persistence
• 8 years of tinkering with 3M™
Scotchlite™ Reflective Material
before perfecting the technology
• Filtek™ Supreme utilized
nanotechnology at a time
when its success was largely
unproven.
Diverse Technologies 3M creates uncommon connections with access to multiple 3M technologies
• Micro-replication platform spread
to every business in 3M
• From reflective signage to optical
films that enhance brightness to micro-
needles used in trans-dermal drug
delivery products.
Robust Network 3M scientists share ideas and practices on a global scale.
• Boundary-less sharing of
information and ideas
• Network of 8200+ R&D
professionals worldwide
19 19 August 2014 . All Rights Reserved. © 3M
A Culture of Innovation
Rewards for Driving Innovation 3M rewards employees who drive innovation forward.
• Several Technical Achievement
Programs
• Dual Career Ladder for Technical
and Management
Customer Connection 3M develops products tied to unmet
unarticulated customer needs.
• Deep Customer insight
• Eg: Post-it Flag Highlighter developed by
observing students switching between
marking and highlighting text.
Measures for Success 3M measures accountability for investments.
• Number of patents issued
• How quickly products come into market
• % of sales from new product introduced
– 5:25
5 : 25
20 19 August 2014 . All Rights Reserved. © 3M
An Innovation Story that is over a Century Old
1921 3M patented and introduced WetordryTM waterproof sandpaper -- the world’s first water-resistant coated abrasive
1995 3M introduced the first metered dose asthma inhaler, free of ozone depleting chlorofluorocarbons.
1979 Thinsulate™ thermal
insulation introduced
1939 First traffic sign featuring Scotchlite™ reflective sheeting erected in Minneapolis
1991 3M introduced
Scotchshield™ window film,
shatter-resistant, heat-and cold
resistant window protection.
1985 Academy of Motion Picture Arts and Sciences
gave 3M a Scientific Engineering Award for magnetic
film, improving audio capabilities of movie sound tracks
1945 Scotch TM vinyl electrical tape introduced
1952 Scotchlok™ electrical connectors and Scotchkote™
insulation introduced
1947 Scotch TM magnetic audiotape introduced
3M’s first non-woven
product-decorative
ribbon for gifts
introduced
1954 RCA used ScotchTM magnetic tape to record TV programs for
the first time
1960 ScotchTM Brand Magic
transparent tape introduced
1969 3M products were used in the first moon walk on July 20. Astronaut Neil Armstrong left a footprint in the lunar dust in boots made from Fluorel™ synthetic rubber from 3M
1974 3M introduced Post-it® notes, greatly enhancing office communication
1967 3M developed the first disposable facemasks and respiratory protection products
1931 3M began producing Colorquartz™ roofing granules
1925 ScotchTM masking tape introduced
1996 New products include flexible circuits for electronic products and HFEs (hydrofluoroethers), replacing ozone depleting
chlorofluorocarbons 2000 3M introduced the Vikuiti™ brand for light management
products that make electronic displays easier to read
2005 3M developed Aluminum Conductor Composite Reinforced (ACCR) as a solution to thermally constrained transmission bottlenecks
3M debuted its first
surgical drape 1927 ScotchTM Cellulose tape introduced
2010 3MTM CubitronTM II using precision shaped abrasive granules creating the future of the abrasives industry
2009 3MTM MPro pocket-sized projector for mobile presentations and sharing photos on the go
1948
2012 3M LED advanced light, most
energy efficient, longest-lasting
light bulb