Question.1928 - Overview:This case traces the development of 3M’s innovative and global culture from its earlydays through 2018. The main focus of the case is on the evolution of culture at 3M, andhow this culture drove their global strategy through a continual stream of productinnovations that have taken the company into a large number of different industries. Thecase also looks at how management deliberately institutionalized the emerging cultureat 3M by creating rules and procedures that provided opportunities for, and rewarded,innovative risk taking.Instructions:You will need to review the case study in your textbook (Case 19), the weekly readings,and outside research, then answer the following questions utilizing topics covered inchapters 9 and 10.• How was the culture of entrepreneurship and innovation nurtured at 3M from theera of McKnight through to that of DeSimone? How has entrepreneurship beeninstitutionalized within the company?• What were the strengths of the organization and culture of 3M during theMcKnight to DeSimone era? What were the potential weaknesses?• Over their existence, 3M has utilized both related and unrelated diversification.Please provide an example of each in relation to 3M. How did each type ofdiversification work out for the company?• Utilizing different examples than in question 3, what has 3M done right with theirdiversification? What have they done incorrectly? Why?Requirements:• Submit a two-three page Word document covering the elements of theassignment.• Develop a clear introduction, body, and conclusion. Use paragraph format andtransitions.• Focus on the quality of writing and content.BUS411 – Business PolicySeminar3M: The Innovation Engine – Case 19• Use elements of APA formatting (title, references, and in-text citations). Abstractis not required. The title page, reference page, and appendices are excluded inpage length requirement.• Research and cite at least two academic sources in APA format.Be sure to read the criteria below by which your work will be evaluated beforeyou write and again after you write.
Answer Below:
IntroductionThe xxxx study xx M xxxxxxxxxxxx the xxxxxxxxx entrepreneurial xxx innovative xxxxxxx tracing xxx evolution xxxx the xxxxxxxx through xxx DeSimone xxxx This xxxxxxxxxxx will xxxx at xxx M xxxxxxxx and xxxxxxxxxxxxxxxxx entrepreneurship xx will xxxx assess xxx culture xxx organization's xxxxxxxxx and xxxxxxxxxx during xxxx time xxx study xxxx also xxxx at xxx related xxx unrelated xxxxxxxxxxxxxxx are xxxx by x giving xxxxxxxxx of xxxx and xxxxxxxxxx the xxxxxxx Finally xx will xxxx about xxx M's xxxxxxxxxxxxxxx approach xxx worked xxx not xxxxxx Main xxxxxxxxxxxx From xxx McKnight xx the xxxxxxxx eras xxx entrepreneurial xxx innovative xxxxxxx was xxxxxxxx through xxxxxxx programmes xxx procedures xxxxx under xxxxxxxxxx direction xxx business xxxxxxxxxxx a xxxxxxxxx environment xxxx promoted xxxxxxxxxxx and xxxxxxxxxxxxxxx According xx Abdullaeva xxxx et xx the xxxxxxx to xxxx out xxxxx concepts xxx work xx creative xxxxxxxxxxx was xxxxxxx to xxx staff xxx Rule xxx implemented xxxxxxxx staff xxxxxxx to xxxxxxxx of xxxxx time xx personal xxxxxxxxxx encouraging xxxx generation xxx individual xxxxxxxxxx Secondly xxxxxxxxxxxxxxxx was xxxxxxxx through xxxxxxxxxx personnel x followed x decentralized xxxxxxxxxxxxx system xxxxxxxx autonomy xx employees xx make xxxxxxx and xxxx ownership xx their xxxxx Finally xxxxxxxxxxxxxxxx turned xxxxxxxxxxxxxxxxx within x through xxxxxxx management xxxxxxx According xx Alm xxxx et xx the xxxxxxxxxxx created xxxxxxxxxxx and xxxxxxx that xxxxxxxxx and xxxxxxxx revolutionary xxxxxxxxxxxxx Question xxxxxx the xxxxxxxx to xxxxxxxx era x had xxxxxxx organizational xxx cultural xxxxxxxxx that xxxxxxxxx its xxxxxxx including xxxxxxx nbsp x had x longstanding xxxxxxxxxx to xxxxxxxxxx deeply xxxxxxxxx in xxx lifestyle xxxxxxxxx to xxxxxxxx amp xxxxxx the xxxxxxxx enterprise xxxxxxxx an xxxxxxxxxxx that xxxxxxxxxxx creativity xxxxxxxxxxxxx and xxxx technology xxxxxxxx M xxxxxxxx a xxxxxxxxxxxxx selection-making xxxxxx granting xxxxxxxxx the xxxxxxxx to xxxx selections xxx take xxxxxxxxx Despite xxxxx beneficial xxxxxxxxxxxxxxx M's xxxxxxxxxxxx and xxxxxxx had xxxxxxxxx flaws xxxxxxx with xxxxxxx industries xxx product xxxxxxx M xxxxxxxxxx challenges xxxxxxxxxx a xxxx strategic xxxxxxxxxxxxx According xx Kwilinski xxxx et xx the xxxxxxxxxxxx diversification xxxxxxx resulted xx numerous xxxxxxxxxx which xxxxxxxxx made xx challenging xx allocate xxxxxxxxx effectively xxx prioritize xxxxxxxxxxx Secondly xxx decentralized xxxxxxxxxxxxxxx technique xxxxxxxx empowering xxxxxxx the xxxxxx of xxxxxxxxxxxxx inside xxx company xxxx multiple xxxxxxxxxx units xxx various xxxxxxxxxxx there xxx an xxxxxxxxxxx for xxxxxxxxxx efforts xxxx of xxxxxxxxxxxx and xxxxxxxxxxxxxx Question x has xxxx both xxxxxxx and xxxxxxxxxxx diversification xxxxxxxxxx throughout xxx history xxxxx one xxxxxxxx of xxxxxxx diversification xxx M xx its xxxxxxxxxxx of xxxxxxx Safety xx Capital xxxxxx become xx international xxxxxx in xxxx protection xxxxxxx and xxxxxxxx nbsp xxxxxx an xxxxxxxx of xxxxxxxxx diversification xxx M xx its xxxxxx into xxx healthcare xxxxxxx thru xxx purchase xx Aearo xxxxxxxxxxxx in xxxxx unrelated xx its xxxxxxxxxxxx business xxx consumer xxxxxxxxxxxxx this xxxxxxxxxxxxxxx opened xxx boom xxxxxxx for x nbsp xxxxxxxxx to xxxxxx to xxxxxxxxxx on xxx core xxxxxxxxxxxx expand xxxx new xxxxx and xxxx growth x has xxxxxxxxxxxx implemented xxxx linked xxx unrelated xxxxxxxxxxxxxxx initiatives xxxxxxxx The xxxxx of x into xxx automotive xxxxxx is xxx example xx the xxxxxxxxx successful xxxxxxxxxxxxxxx M xxxxxxx cutting-edge xxxxxxxxxx solutions xxxxx its xxxxxxxxx of xxxxxxxxx abrasives xxx other xxxxxxxxx Salampasis xxx Mention xxxxx that xxxxxxxxxx manufacturers xxx repair xxxxx have xxxxxxx several xxxxxxxx including xxxxxxxxxx tapes xxxxxxxxx and xxxxxx M's xxxxxxxxxxxxxxx strategy xxx successful xxxxxxx it xxxxx take xxxxxxxxx of x high-demand xxxxxx and xxxxxxxx its xxxx skills xx provide xxxxxxxxxx solutions xx the xxxxxx Conversely xxx entry xxxx the xxxxxxxxxxxxxx sector xxxxx have xxxx a xxxx successful xxxxxxx at xxxxxxxxxxxxxxx Early xx the xxx millennium x bought xxxxxxxxxxx involved xx inhalation xxxxxxxxxx and xxxx delivery xxxxxxxxx to xxxxx nbsp xx al xxx company xxxxxx help xxxxxxxxxx the xxxxxxx and xxxxxxx regulated xxxxxxxxxxxxxx industry xxxxxxxxxxxx conclusion x positive xxxx environment xxxxxxxx empowerment xxx reward xxx success xxxx fostered xxx culture xx innovation xxx entrepreneurship xx M xxxxxxx the xxxxxxxxxx of xxxxxxxxxxxxx and x lack xx strategic xxxxx are xxxxxxxx drawbacks xxxx synergistic xxxxxxxxxxxx M xxx successfully xxxx related xxx unrelated xxxxxxxxxxxxxxx However xxxx diversification xxxxxxx have xxxxxxxxxxx difficulties xxxx resource xxxxxxx and xxxxxxxxxxx problems xxxx nbsp xxxxxxxxxxxxxxxxxxxx M x Masharipov x N xxx Allamuratova x S xxxxxxxxxxxxxxx OF xxxxxxxxxx AS x CONDITION xxx THE xxxxxxxxxxx OF xxxxxxxxxx ENTERPRISES x - xxxxxxxxxxxxxxx OF xxxxxxxxxx AS x CONDITION xxx THE xxxxxxxxxxx OF xxxxxxxxxx ENTERPRISES xxxxx - xxxxxxxxxxxx ru xxx A x Bergman x amp xxxxx ge x Balancing xxxxxxxx Acquisitions xxx Strategic xxxxxxxxxxx A xxxxx of xxx non-efficiency xxxxxxxxxxx can xxxxxxxxx vertical xxxxxxxxxxx strategies xxx impact xxxxxxxxxxxxxx boundaries xxxxxxxxx Vertical xxxxxxxxxxxx and xxxxxxxxx Outsourcing x study xx how xxxxxxxxxxxxxx conceptions xxx influence xxxxxxxx integration xxxxxxxxxx and xxxxxx organizational xxxxxxxxxx diva-portal xxx Guerrero x amp xxxxxx D x research xxxxxx for xxxxxxxxxxxxxxxx and xxxxxxxxxx the xxxx of xxxxxxxxxxxxxxx universities x research xxxxxx for xxxxxxxxxxxxxxxx and xxxxxxxxxx - xxxx Chapter x research xxxxxx for xxxxxxxxxxxxxxxx and xxxxxxxxxx the xxxx of xxxxxxxxxxxxxxx universities xx A xxxxxxxx Agenda xxx Entrepreneurship xxx Innovation xxxxxxxxxxx com xxxxxxxxx A xxxxxxxx N xxxxxxxxxx S xxxxxxx I xxx Kovalenko x Formation xx the xxxxxxxxxxxxxxxx model xx e-business xx the xxxxxxx of xxxxxxxxxxx information xxx communication xxxxxxxxxxxx Journal xx Entrepreneurship xxxxxxxxx - xxxx FORMATION xx THE xxxxxxxxxxxxxxxx MODEL xx E-BUSINESS xx THE xxxxxxx OF xxx INTRODUCTION xx INFORMATION xxx COMMUNICATION xxxxxxxxxxxx - xxxxxxxxxxxxxx R xxxxxxxxx outsourcing xxxxxxx from x systems xxxxxxxxxx Business xxxxxxxx Review xxxxx Strategic xxxxxxxxxxx Lessons xxxx a xxxxxxx Integrator x McIvor x - xxxxxxxx Strategy xxxxxx - xxxxx Online xxxxxxxxxxxxxxxxx D xxx Mention x L xxxx a-value xx value-multiplication xxxxxxxxxx outbound xxxx innovation xxxxxxxxx for xxxxxxxxx diversification xx the xxxxxx industry xxxxxxxxxx Analysis xxx Strategic xxxxxxxxxx - xxxx a-value xx value-multiplication xxxxxxxxxx outbound xxxx innovation xxxxxxxxx for xxxxxxxxx diversification xx the xxxxxx industry xxxxxxxxxx Analysis xxx Strategic xxxxxxxxxx Vol xx tandfonline xxx Sergi x S xxxxxxx E x Bogoviz x V xxx Ragulina x V xxxxxxxxxxxxxxxx and xxxxxxxx growth xxx experience xx developed xxx developing xxxxxxxxx In xxxxxxxxxxxxxxxx and xxxxxxxxxxx in xxx st xxxxxxx nbsp xx - xxxxxxx publishing xxxxxxx Entrepreneurship xxx Economic xxxxxx The xxxxxxxxxx of xxxxxxxxx and xxxxxxxxxx Countries xxxxxxx Insight xxxxMore Articles From Business Law
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