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Founded by Rich Bendis

This post is the third about my trip to 3M. In the first post I examined 3M's culture, informed by its midwestern roots. In the second post I reviewed the concept of forward mapping and some of the opportunities and challenges of 3M's innovation exchanges. Today I'll recap and review the components that 3M believes make up its innovation success.

The seven factors or components of successful innovation, according to 3M, are:

• The relationship of innovation to corporate vision and business model
• 3M’s culture, which I’ve addressed previously
• Access to multiple platforms or technologies
• Networking
• Individual expectation
• Measured Accountability
• Connection to customer need


3M's Seven Innovation Components