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TECHNOLOGY PLATFORMS AT 3M

TECHNOLOGY PLATFORMS AT 3M. Agenda Corporate culture Some facts Technology platforms Innovation Curve Innovation: a model Some Conclusions. Innovation development ‘till perfection. A few simple rules Keep divisions small Tolerate Failure Motivate the champions

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TECHNOLOGY PLATFORMS AT 3M

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  1. TECHNOLOGY PLATFORMS AT 3M

  2. Agenda • Corporate culture • Some facts • Technology platforms • Innovation Curve • Innovation: a model • Some Conclusions

  3. Innovation development ‘till perfection

  4. A few simple rules • Keep divisions small • Tolerate Failure • Motivate the champions • Stay close to the customer • Share the Wealth • Don’t kill a project

  5. Some Facts... • More than 60,000 Produtcs • Over 30 technology platforms • 25% of sales from products introduced in the past five years • Less than 4% turnover rate in management • R&D expenditures are about double the average US firms • Post-it revenues estimated at $300 million

  6. Microreplication • Fresnel lenses (mass production/plastics) • Light guidance tubes • Fast holding mechanical fasteners (grooves and postes) • Abrasives

  7. Ceramics • Refractory Cells • Glass beads for reflection • Substrates for disk drives • Read/write heads • Glass bubbles for resin fillers • Coatings for roofing granules • Dental applications

  8. Fluorochemical technology • PTFE • Scotch Guard • Surfactants (coating, plating and other processes) • Food processing applications • Elastomers • Composites

  9. Nonwoven • Scotch brite • Micropore surgical tape • Surgical masks • Floor matting • Thinsulate • Paint rollers • HVAC filters

  10. Adhesives • Pressure sensitive adhesives • Coated abrasives • Scotch tape • Post-it notes • Structural adhesives (auto industry) • Breathable adhesives (medicine) • Adhesive spray

  11. New Products time How 3M keeps its new products coming

  12. RESEARCH GENERAL KNOWLEDGE FIRM SPECIFIC KNOWLEDGE TECHNOLOGY PLATFORMS PERCEIVE POTENTIAL MARKET DETAIL DESIGN & TEST MARKET DISTRIBUTES & SERVICE INVENT OR CREATE REDESIGN & PRODUCE

  13. Some conclusions... • Consumer focused and technology focused • Frequent Brainstorming sessions/Attention to detail • Setting new boundaries • Filling the gaps and stretching the envelope • Effective communication’s network • Multidisciplinary attitude

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