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3M Australia
3M's Culture / Philosophy
3M's Culture/Philosophy William McKnight who was a General Manager
of 3M in 1914, President of 3M in 1929 and Chairman of the 3M Board
largely influenced 3M's reputation as an innovator in 1949.
McKnight had a far-sighted managerial and intuitive approach to encourage
employee initiative. His management principles shaped the company's
culture and still hold tremendous influence in 3M's business activity
today.
The most well-known McKnight principle, which is still in place at
3M today, is: "Mistakes will be made (by giving people the freedom
and encouragement to act autonomously), but the mistakes he or she
makes are not as serious in the long run as the mistakes management
will make if it is dictatorial and undertakes to tell those under
its authority exactly how they must do their job.
Management that is destructively critical when mistakes are made kills
initiative and it is essential that we have many people with initiative
if we are to continue to grow."
3M
Products
3M have been manufacturing for about 100 years. The company has evolved
into a world leader in innovation which sells over 50 000 products
in over 200 countries.
Every day, one person in four of the world's population benefits from
a 3M product or service. Products and technologies include Post-it®
Notes, Healthcare products, adhesives which help bond structural
panels in skyscrapers and on airplanes, an electronic printing system,
capable of producing the world's largest graphics and micro-structured
reflective sheeting used in road and motorway signs to make them legible
at night.
Research and Development
3M
have a strong emphasis on research and development. In fact 30% of
annual sales are from products introduced in the last four years.
A 3M tradition known as the "15 percent rule", encourages 3M researchers
to spend up to 15 percent of their own time on projects of their own
initiative. This stimulates unplanned experimentation and innovations,
which have led to the development of 3M products such as ScotchgardTM
Fabric protector, ScotchTM Masking tape, Fire-BreakTM Bushfire Fighting
Foam and micro-structured technology now used in a growing number
of end products.
3M
Australia
Established in 1951, its head office is located at Pymble, New
South Wales since 1968. 3M Australia is a unique and diversified company,
which invents and markets a broad range of high-quality products.
3M Australia was one of the first companies in Australia to achieve
a AS 3902/ISO 9002 Quality Systems Standard in 1990. This standard
acts as the customer's assurance that their supplier is meeting their
requirements. It also reaffirms 3M's commitment to exceed the expectations
of its customers through a process of continuous improvement.
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