For your case assignment “If you were 3M, Minneapolis, Minnesota: What Would You Do?”, here’s a set of guidelines to help you complete your two-page paper with two references:
1. Introduction (1 paragraph)
Begin by introducing the case. Provide a brief background of 3M, its business context, and the challenges the company might be facing.
Clearly state the main issue or decision that needs to be made in the case.
2. Analysis of the Situation (2-3 paragraphs)
Discuss the key factors influencing 3M’s decision-making process. These could include market trends, financial considerations, or operational challenges.
Analyze both the internal and external environments. This can include the company’s strengths, weaknesses, opportunities, and threats (SWOT analysis).
Consider any social, economic, or political factors affecting 3M in its Minneapolis headquarters.
3. Recommendation (3-4 paragraphs)
Offer two to three potential strategies or solutions that 3M could implement to address the challenge. These could involve innovation, sustainability initiatives, market expansion, or operational improvements.
Evaluate the pros and cons of each solution.
Select the best solution based on your analysis and justify your recommendation. Discuss why this strategy would benefit 3M in the long term.
4. Conclusion (1 paragraph)
Summarize the key points of your analysis.
Reinforce your recommended course of action for 3M, emphasizing its potential impact on the company’s future success.
5. References
Cite at least two references to support your arguments. You can use academic articles, business journals, or credible online sources. Be sure to format the references in a standard citation style (APA, MLA, or another as required by your instructor).
3M Chapter 7.docx