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3M INDIA: IN INDIA FOR INDIA

GROUP MEMBERS:
ANUP SHARMA
KAJAL PATIL
MARGESH PATEL
MONICA SYAL
NAVNEET RANA
SUSHMITA SAHU
VISHNU ANAND
 3M : The Innovative Organization 2

Consumer
& Office
 Fundamentally a science-based company
 Founded in small-town Two Harbors, Minesota US in 1902 Safety ,
Display &
Security &
Graphics
 45 technology platforms and 50,000 products sold in Protection

200 countries
 Recognised for its innovative culture 3M
 Encourages employee initiative, creativity, freedom to Industrial
take risks and experiment with new ideas &
Electro &
Communic
Transporta
ations
 84000 employees, out of which 51000 out of US tion

 Filed more than 41000 patents Health

care
Innovation Support at 3M 3

•Small size of each business or administration unit

Structure •Presence of R&D laboratories with each BU
•Organizational Role to support innovation

•Bootlegging- 15% time to be spent on pet projects

Processes •Grants upto $50000 to carry projects past initial stage

•Revenue targets to be generated from new products
•Knowledge sharing products

•Innovators inducted in Carlton Society

Rewards •Strong team efforts rewarded with induction in Golden Step Award Program
•Product champion could ultimately manage his/her BU

•Hired and retained people who dare to think differently

People •Low turnover rate
•Rarely hired from outside, particularly at senior levels
3M INDIA 4

 Formed in 1988 as a JV with Aditya Birla Group

 Headquartered in Bangalore
 Innovation laboratories in Bengaluru and Gurgaon
 Manufacturing facilities in Bengaluru, Ahmedabad, Pune, and
Pondicherry
 Branch offices in Gurgaon, Mumbai, Chennai, Kolkata, and Pune
 Contributed 1% towards global sales
 80% to 85% of revenues were derived from the B2B market and the
remaining from B2C market
 Employee base was 1,800 and a turnover of Rs. 1,176 crores with a
profit of Rs. 99 crores
Innovation Support at 3M India 5

•Global matrix structure

Structure •Initiatives in India owned by 3M India
•Superior-subordinate relationship more as coach-guide

•‘Feel at Home’ Induction Program

•Global Mentorship Program
Processes
•15% Time for Innovation norm
•Project hopping – Work on portfolio of projects

Rewards •No explicit financial awards for working on innovations

•Conscious about selecting people for R&D laboratories

People
•Risk takers based on radical thinking were preferrred
Recommendations 6

 Monitor ideas and incentivise employees who come up with

innovative ideas in 15% time given to them

 3M India employees to be sent on 3-month stints to 3M Global

locations to accustom them to overcome their ‘fear of failure’

 Have training sessions on importance career in technical domain

and success of ‘Dual-Career Track Programs’ worldwide
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THANK YOU!