Question

How to write an analysis of 3M’s The First 110 Years, of their main phases or activities of the decision making process

Answer 1

A comprehensive study needs to be conducted to analyse the path followed by 3M in those 110 years. The focus of the study will be on:

• Company’s inception
• The initial business strategy and objectives followed by the company
• The major milestones
• The strategy adopted in the growth phase of the company
• The different ways in which the company capitalized on innovation
• The ways in which the company outdid its competition
• The strategy adopted in the maturity phase
• The differentiating factors of the company

Based on the study, the analysis can be quite comprehensive and informative.