How 3M Innovates for Long-Term Growth

OVERVIEW:As 3M nears its 100th birthday, a longterm tradition of innovation, established by its early leadership, allows it to continue to grow, adapt and change. The company is moving rapidly into the “new economy” by continuing to embrace principles that reinforce innovation. These principles include establishing stretch goals, empowering employees, supporting broad networking across the company, and rewarding and recognizing its innovators. Because of this tradition, 3M expects to continue to change, enter new business space, and provide sustainable, profitable growth for decades to come.