3M is a well-established business presence in the 61 countries where it operates. In these, it has 109 plant locations and 223 sales offices. In Japan alone, 3M's largest single-country market outside the United States, the company's sales top $1.4 billion annually, and it is a leader in a number of markets. 3M Scotchcal* Vinyl Films are the most widely used materials in Japan for advertising graphics on trucks, buildings and signs. On a global basis, 3M is the only U.S. company to be a leader in videotape, and it is the undisputed leader in computer diskettes, data cartridges and tapes.
3M stresses proper funding of science and technology to provide the new products that are the building blocks of its growth. The company spends 7 cents of every sales dollar on R&D -- more than twice the average of U.S. manufacturing companies. This produces a cornucopia of new products. In 1993, 3M generated sales of more than $900 million from products less than a year old. In 1994, 3M expected to achieve its new goal of 30 percent of sales from products less than four years old.
3M's tradition is to maintain R&D spending at a high level during difficult times, which helps the company, continues to outperform the economies it serves and positions it well for early participation when recovery occurs.
[...] 3M inaugurated Pollution Prevention Pays a program that encourages employees throughout the company to prevent pollution at the source. It led to large reductions in pollution and waste in 3M's products, processes and daily operations. In 1972, 3M sales passed the billion mark; by 1979, sales topped billion. More challenges and more growth lay ahead. Timeline: 1990 1999 A key characteristic of this decade is change: relationships within governments, between countries and among businesses . recession and unrest . the reunification of Germany. [...]
[...] 3M has defined an emergency as: Hospitalization of family member/self Marriage in the family Death in the family School fees/donation of children Personal Accident Insurance 3M ensures that all permanent employees of the company are covered under a 24 hours Personal Accident Policy for injury sustained due to an accident at any time of day/night, in or outside the factory/office premises. The coverage is grade specific. SUPERANNUATION 3M recognizes the contribution of its employees who have dedicated the best of their working lives to the company. [...]
[...] SUGGESTION RECOMMENDATION Suggestions Based on the findings of the report and the observations made, the following suggestions seek to increase productivity on the shop floor and to ensure an employee friendly atmosphere at the 3M plants While the 3M club goes all out of its way to organize a regular calendar of events to keep the 3M spirit alive, none of the operators are able to participate in the events and hence the organizers loose out on an important set of people who contribute to the success of the 3M corporation. [...]
[...] 3M also is a well-established business presence in the other 61 countries where it operates. In these, it has 109 plant locations and 223 sales offices. In Japan alone, 3M's largest single-country market outside the United States, the company's sales top $ 1.4 billion annually, and it is a leader in a number of markets. 3M Scotchcal* Vinyl Films are the most widely used materials in Japan for advertising graphics on trucks, buildings and signs. On a global basis, 3M is the only U.S. [...]
[...] Findings of the Study One glance at the 3M policies makes it all to clear to any 3rd person, that 3M attaches a great deal of importance to its workforce. The comprehensive coverage of all areas relating to the employees health and welfare speak volumes of its concern for its employees. Keeping with this policy of 3M, no study on the productivity practices at 3M would be complete without obtaining the operators view of the policies being adopted. Accordingly, the 2nd phase of the project revolved around meeting the operators. [...]
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