A Collection of Resources To Tell The Story of 3M
Minnesota, the year 1902, the Mining and Manufacturing Company, known today as 3M was established. It started off mining mineral deposits for grinding wheel abrasives and shortly after setting the focus on manufacturing sandpaper. Today this company has evolved into a multinational conglomerate.
3M has developed a multitude of products used worldwide by businesses as well as the regular household consumer.
When I see 3M products on the shelf in stores I sense, “quality products,” and a name you can trust. I have used their products many times in the past and will continue to do so.
In addition to consumer goods, the company has expanded in the fields of industry, worker safety, and health care. Some of the product categories include:
- Automotive Products
- Dental Products
- Tapes & Adhesives
- Personal Protective Equipment
- Home Office & School Supplies
- Signs & Displays
- Patient Monitoring
- Personal Health Care
- Surgical Solutions
- Wire & Cable
- Skin & Wound Care
- Securement & Immobilization-Dressing Securement
- Marine Maintenance and Repair
- Traffic & Vehicle Safety
- Electrical Solutions
- Casting & Splinting
- Electronics Materials
- Food Safety & Microbiology
- Facility Cleaning & Maintenance
- Vascular Access
- Home Care & Cleaning
3M takes pride in its innovations including research and development, which has to lead to many new products and services that are used today by millions of people.
An impressive sales volume of over 31 Billion in 2017, and providing 91,000 jobs this company is an important part of the economy. Also worth noting is in 2018 the company ranked 97 in the Fortune 500 List, categorized by revenue.
For the full story on this successful conglomerate have a look at the resources below that include, the history, founders, interesting facts, financial reports and news about 3M, organized in sections for your convenience.
Sections Included In This Post:
- The History of 3M
- 3M Founders
- 3M Executives
- The 3M Mission Statement
- 3M Divisions And Subsidiaries
- 3M Ownership And Investors
- Facts About 3M
- 3M Reports And Financial Statements
- Business Strategies Used By 3M
- Revenue Strategies
- The Main Competitors of 3M
- Target Market & Marketing Strategies
- Products & Services Offered By 3M
- 3M Employee Relations
- 3M Company Culture
- The Reputation of 3M
- 3M Company Complaints
- 3M Failures
- Inside The Success of 3M
- 3M Articles And Stories of Interest
- Books Related to 3M
- The Latest About 3M
- Latest News Related To 3M
- Tweets Related To 3M
- Videos Related To 3M
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The History of 3M
A company’s history offers valuable lessons and it’s interesting to find out about a company’s original operations, how it has changed, and the challenges during the startup phase.
Have a look at the selection below to understand more about the history of 3M.
This section focuses on the people that started the company. You can gain insights into their goals, ideas, foresight, and how they started the company. Many founders have interesting stories and experiences related to starting their business and the challenges they faced, as well as what they did to overcome those challenges.
Have a look at the following resources included in this post related to the founders.
In the executive section, you’ll find information related to the management of a company. Management decisions are an important role in a company’s success. It’s not luck that makes a company successful, but planning, strategy, and leadership.
Have a look at the selection below for information related to the executives of 3M.
The 3M Mission Statement
A mission statement helps a company stay on track and focus on its goals, culture, and ensures everyone is on the same page.
A mission statement is for company employees as well as the public. It’s usually a broad description of the company’s focus and activities.
A company’s mission statement is the company’s public face, and it is commonly used in marketing materials.
Below are the resources I have included related to the mission statement of 3M.
3M Divisions And Subsidiaries
The division of a company is a part of a business entity. In other words, even if a division operates under a different name it’s still part of the entity.
A subsidiary is an entirely different company, usually owned by a larger company.
Have a look at the resources for 3M subsidiaries and Divisions.
3M Ownership And Investors
In this section, you’ll find resources related to ownership, investors, and shares, for to 3M. Below you’ll find the resources I have included for this post.
Facts About 3M
In this section, you’ll find facts about the company. I like going through the facts because in a page or two you can learn a lot about the company and if you find something that’s really interesting you can dig deeper.
Have a look at the resources below included in this post related to 3M facts.
3M Reports And Financial Statements
In this section, you can find out information such as the company’s profits, losses, net worth, liabilities, shares, owner’s equity, etc. that are available to the general public.
Have a look at the resources included below.
Business Strategies Used By 3M
In this section, can get a glimpse of the strategist used by the company. The strategy a company uses can be the difference between success, failure, a mediocre business, or a huge success story.
Below you’ll see the resources included related to business strategies used by 3M
This section focuses on the main revenue sources the company targets. For some companies it’s one main source for others it’s multiple sources of revenue.
Have a look at the resources to follow to give you an overview of the revenue strategies used by 3M.
The Main Competitors of 3M
This section focuses on direct and indirect competition for 3M. Competition is good, it drives innovation. If it wasn’t for competition businesses wouldn’t have to try so hard for your business. Competition makes managers and company owners come up with better ideas for products and services while providing the best prices they can.
Below you can browse through the resources related to the main competition for 3M.
Target Market & Marketing Strategies
This section focuses on the target market and the marketing strategies used. Just as above targeting is an important process and without it your focus will be too broad and you won’t be able to zero in on the right marketing techniques.
The marketing strategy used by a company can make or break it. The right strategy can make millions while a poor marketing strategy can end up in bankruptcy.
Products & Services Offered By 3M
This section offer resources related to core products and services offered by 3M. Many large corporations have a large variety of products and services. Some companies are so large and complex that they deal in a variety of industries that operate on a global level, which is known as conglomerates.
Have a look at the resources below for products and services offered by 3M.
3M Employee Relations
In this section, you can find resources related to the employees of 3M such as job satisfaction, labor relations, the number of employees, etc.
3M Company Culture
Here’s where you can gain an idea about the culture of the company. A Company’s culture includes the work environment, company values, expectations, ethics, and more.
See the resources included in this post for the culture of 3M
The Reputation of 3M
In the resources below, you’ll find information related to the reputation of 3M. You’ll get insights as to how 3M is viewed by the general public.
A companies reputation is important a bad reputation can result in huge losses and the loss of public trust. A company’s reputation is an asset to any company and it’s important to maintain it.
3M Company Complaints
In this section, you can go through the resources to view the complaints, whether the complaints lead to a lawsuit or a viral rant, have a look at the complaints people have against 3M.
Companies go through many phases, some are successful and some are miserable failures. Even though a company has failures, it’s a learning experience for management as well as other people.
Below are the resources I have included for this post related to 3M failures.
Inside The Success of 3M
Success can be the result of a small idea that was executed extremely well at other times it may be the result of a long term vision.
It’s interesting to study the success of companies and how people have dealt with managing a company that started off small and grew into a huge success story.
Have a look at the resources I have included in this post related to the success of 3M.
3M Articles And Stories of Interest
In this section, you’ll find a mix of articles worth mentioning in this post related to 3M.
Have a look at what’s included for this post related to 3M.
Books Related to 3M
Some companies are a huge success story or a miserable failure, with many lessons to learn. Have a look at books people have written for a complete overview.
Have a look at the links below to view the books available related to 3M
The Latest About 3M
In this section, you’ll be able to stay up to date on the latest information related to 3M including the latest news, Google searches, videos, what people are tweeting, and more.
I recommend spending some time on the news, tweets, that can offer up-to-the-minute information about 3M.