"3M Company (originally the Minnesota Mining and Manufacturing Company) is an American multinational conglomerate operating in the fields of industry, worker safety, healthcare, and consumer goods. The company produces over 60,000 products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical and electronic connecting and insulating materials, medical products, car-care products electronic circuits, healthcare software, and optical films. It is based in Maplewood, a suburb of Saint Paul, Minnesota."
Although recently not doing so well due to one lawsuit, they have a wonderful
rule that nudges management to add new products to its portfolio sooner and more aggresively than other companies, so I associate them with innovation.
The now-famous "Post-It notes" were such a disruptive new innovation, made from scrap paper that was left over when cutting larger pages: literally rubbish/garbage turned into a new revenue stream.
> Although recently not doing so well due to one lawsuit, they have a wonderful rule that nudges management to add new products to its portfolio sooner and more aggresively than other companies, so I associate them with innovation.
Wikipedia to the rescue:
"3M Company (originally the Minnesota Mining and Manufacturing Company) is an American multinational conglomerate operating in the fields of industry, worker safety, healthcare, and consumer goods. The company produces over 60,000 products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical and electronic connecting and insulating materials, medical products, car-care products electronic circuits, healthcare software, and optical films. It is based in Maplewood, a suburb of Saint Paul, Minnesota."
Although recently not doing so well due to one lawsuit, they have a wonderful rule that nudges management to add new products to its portfolio sooner and more aggresively than other companies, so I associate them with innovation.
The now-famous "Post-It notes" were such a disruptive new innovation, made from scrap paper that was left over when cutting larger pages: literally rubbish/garbage turned into a new revenue stream.