INDIA:

in India for India

GROUP 5
Bhumika Hamirwasia - 22PGDM089
Anupriya Pandey - 22PGDM084
Nidhi Jajodia - 22PGDM108
Venella Maniperilla - 22PGDM148
Rajni Saha - 22PGDM115
Parul Sinha - 22PGDM110
Zeba Alam - 22PGDM150
About Our
Company
A Brief Story About The Company

• 3M is widely regarded as one of the most innovative companies in the

world. It is a diverse technology company that offers a wide range of
innovative products and services to customers and communities.
• At the moment, half of the world's population uses at least one of 3M's
50,000 products on the market.
• Their ideology is decentralization, which keeps the organization from
becoming hierarchical and bureaucratic.
• One of 3M's distinguishing features is its high tolerance for failure.
Because trial and error is their primary source of invention, it appears that
they sometimes encourage failure.
• Employees at 3M are encouraged to experiment with new ideas as
frequently as possible, and they are assured that failure will not be blamed
on them.
Q.1 How has 3M built ambidexterity into the organization? How do the
various elements of the system support innovation at 3M?

Small Business & Administrative Unit

• The Organizational Structure is based on function which makes possible decentralization of
authority.
• Each business division has its own research laboratory.

Innovative Procedures
• Employees have to spend 15% of their time working on developing products.
• Technical people meet senior people regularly.
• Part of revenues was to be concerned from the latest products (25%) which have been launched no longer than 5 years ago. It
encouraged middle level managers to come up with innovative ideas.

Reward System
• 3M doesn’t use monetary system for rewarding employees.
• Person who were awarded as Champion could potentially become CEO of the division which they belong.

People
• It has a philosophical hiring system.
• People who se set apart themselves & are loyal are preferred.
• 3M offered dual ladder career career so that they can develop their expertise in
every field.
Q.2 What lessons can other organizations learn in becoming more
innovative from 3M?
The root of 3M’s growth is its
Business Model. It fosters
01 organic growth by making
entirely new market changing
products.
Apply and use innovation
openly; host ideation
sessions with members of
03
all departments.
Dedicated R&D, long-term
development and separate
02
from concept to launch
efforts
Reward and encourage
05
creativity.
Foster a culture of innovation
by allowing team members
04
to take risks in a protected
environment.
C Challenges
• The management was unsure whether the 15% guideline would encourage
staff in the country to be more inventive.
• The organization lacked a framework for determining whether employees
would take advantage of entrepreneurship opportunities.
• The majority of employees preferred the managerial ladder over the
technical one.

Overcoming
Challenges

OC • They can apply the 15% rule to build a network where employees can
exchange ideas internationally and hold meetings online.
• Employees may lack creativity as a result of their education in India's
culture, but they can demonstrate great potential when properly mentored
by the company’s professionals for proper training and development.
• Mentorship can help reduce the fear of failing by learning what the experts
learned from their failures.
• Exemplary employees should be rewarded in order to retain a reasonable
number of managerial and technical personnel.
Thank You!