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 xx al xxx ability xx test xxx their xxxxxxxx and xxxx on xxxxxxxx initiatives xxx granted xx the xxxxx The xxxx was xxxxxxxxxxx allowing xxxxx members xx dedicate xx their xxxx to xxxxxxxx endeavours xxxxxxxxxxx idea xxxxxxxxxx and xxxxxxxxxx innovation xxxxxxxx entrepreneurship xxx nurtured xxxxxxx empowering xxxxxxxxx M xxxxxxxx a xxxxxxxxxxxxx choice-making xxxxxx granting xxxxxxxx to xxxxxxxxx to xxxx choices xxx take xxxxxxxxx of xxxxx tasks xxxxxxx entrepreneurship xxxxxx institutionalized xxxxxx M xxxxxxx planned xxxxxxxxxx actions xxxxxxxxx to xxx 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 M xxx a xxxxxxxxxxxx commitment xx innovation xxxxxx ingrained xx its xxxxxxxxx According xx Guerrero 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 xx al xxx enterprise's xxxxxxxxxxxxxxx efforts xxxxxxxx in xxxxxxxx portfolios xxxxx sometimes xxxx it xxxxxxxxxxx to xxxxxxxx resources xxxxxxxxxxx and xxxxxxxxxx investments xxxxxxxx the xxxxxxxxxxxxx decision-making xxxxxxxxx although xxxxxxxxxx carried xxx hazard xx fragmentation xxxxxx the xxxxxxx With xxxxxxxx enterprise xxxxx and xxxxxxx initiatives xxxxx was xx opportunity xxx duplicated xxxxxxx lack xx coordination xxx inefficiencies xxxxxxxx M xxx used xxxx related xxx unconnected xxxxxxxxxxxxxxx techniques xxxxxxxxxx its xxxxxxx First xxx instance xx related xxxxxxxxxxxxxxx for x is xxx acquisition xx Capital xxxxxx in xxxxxxx Safety xxxxxx an xxxxxxxxxxxxx leader xx fall xxxxxxxxxx gadgets xxx services 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 According xx McIvor xx capitalize xx its xxxx competencies xxxxxx into xxx areas xxx spur xxxxxx M xxx successfully xxxxxxxxxxx both xxxxxx and xxxxxxxxx diversification xxxxxxxxxxx Question xxx entry xx M xxxx the xxxxxxxxxx sector xx one xxxxxxx of xxx company's xxxxxxxxxx diversification x created xxxxxxxxxxxx automotive xxxxxxxxx using xxx knowledge xx adhesives xxxxxxxxx and xxxxx materials xxxxxxxxxx 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 et xx the xxxxxxx needed xxxx navigating xxx complex xxx tightly xxxxxxxxx pharmaceutical xxxxxxxx ConclusionIn xxxxxxxxxx a xxxxxxxx work xxxxxxxxxxx employee xxxxxxxxxxx and xxxxxx for xxxxxxx have xxxxxxxx the xxxxxxx of xxxxxxxxxx and xxxxxxxxxxxxxxxx at x However xxx likelihood xx fragmentation xxx a xxxx of xxxxxxxxx focus xxx possible xxxxxxxxx With xxxxxxxxxxx acquisitions x has xxxxxxxxxxxx used xxxxxxx and xxxxxxxxx diversification xxxxxxx some xxxxxxxxxxxxxxx efforts xxxx encountered xxxxxxxxxxxx like xxxxxxxx overuse xxx integration xxxxxxxx ReferencesAbdullaeva x N xxxxxxxxxx M x 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 x cyberleninka xx Alm x A xxxxxxx A xx E xxxxxxxxx Vertical xxxxxxxxxxxx and xxxxxxxxx Outsourcing x study xx how xxxxxxxxxxxxxx conceptions xxx influence xxxxxxxx integration xxxxxxxxxx and xxxxxx organizational xxxxxxxxxx Balancing xxxxxxxx Acquisitions xxx Strategic xxxxxxxxxxx A xxxxx of xxx non-efficiency xxxxxxxxxxx can xxxxxxxxx vertical xxxxxxxxxxx strategies xxx impact xxxxxxxxxxxxxx boundaries xxxxxxxxxxx org xxxxxxxx M xxxxxx D x research xxxxxx for xxxxxxxxxxxxxxxx and xxxxxxxxxx the xxxx of xxxxxxxxxxxxxxx universities x research xxxxxx for xxxxxxxxxxxxxxxx and xxxxxxxxxx - xxxxxxx A xxxxxxxx agenda xxx Entrepreneurship xxx Innovation xxx part xx entrepreneurial xxxxxxxxxxxx in x Research xxxxxx for xxxxxxxxxxxxxxxx and xxxxxxxxxx elgaronline xxx Kwilinski x Dalevska x Kravchenko x Hroznyi x Kovalenko x Formation xx the xxxxxxxxxxxxxxxx model xx e-business xx the xxxxxxx of xxxxxxxxxxx information xxx communication xxxxxxxxxxxx Journal xx Entrepreneurship xxxxxxxxx - xxxxxxxxx OF xxx ENTREPRENEURSHIP xxxxx OF xxxxxxxxxx IN xxx CONTEXT xx THE xxxxxxxxxxxx OF xxxxxxxxxxx AND xxxxxxxxxxxxx TECHNOLOGIES x ProQuestMcIvor x Strategic xxxxxxxxxxx lessons xxxx a xxxxxxx integrator xxxxxxxx Strategy xxxxxx Strategic xxxxxxxxxxx Lessons xxxx a xxxxxxx Integrator x McIvor x - xxxxxxxx Strategy xxxxxx - xxxxx Online xxxxxxxxxxxxxxxxx D xxxxxxx A x From xxxxxxx to xxxxxxxxxxxxxxxxxxxx leveraging xxxxxxxx open xxxxxxxxxx practices xxx unrelated xxxxxxxxxxxxxxx in xxx sensor xxxxxxxx Technology xxxxxxxx Strategic xxxxxxxxxx - xxxx a-value xx value-multiplication xxxxxxxxxx outbound xxxx innovation xxxxxxxxx for xxxxxxxxx diversification xx the xxxxxx industry xxxxxxxxxx Analysis xxxxxxxxx Management xxx No xxxxxxxxxxx com xxxxx B x Popkova x G xxxxxxx A x Ragulina x V xxxxxxxxxxxxxxxx and xxxxxxxx growth xxx experience xx developed xxx developing xxxxxxxxx In xxxxxxxxxxxxxxxx and xxxxxxxxxxx in xxx st xxxxxxx pp x Emerald xxxxxxxxxx limited xxxxxxxxxxxxxxxx and xxxxxxxx Growth xxx Experience xx Developed xxx Developing xxxxxxxxx Emerald xxxxxxxMore Articles From Business Law
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