Word: 3m
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...race is on. No one wants to be left behind," says Ben Zour, senior analyst for strategic information at Eastman Kodak. The list of contenders in the research-and-development scramble reads like a Who's Who of U.S. high tech: Du Pont, IBM, 3M, Texas Instruments, NCR and GTE, among many others. AT&T is a giant in the field; its Bell Laboratories, with a research budget of some $2 billion annually, now conducts more research in optics than in its original core pursuit of electronics...
...benefit concert for 350 workers who are losing their jobs at the 3M plant in Freehold, N.J., promised ten bands for $5. But everyone got more than they bargained for when Bruce Springsteen and members of his E Street Band made a surprise appearance at the Stone Pony, the Asbury Park club where the Boss played in early days. "Remember what we're doing this for," Springsteen told the stunned audience of 500, before breaking into My Hometown, a song about a textile-plant closing in Freehold. Said Springsteen, who was born there and lives in nearby Rumson: "The marriage...
...strength of the Crimson squad reached beyond the racers. In both the 1M and 3M diving events, Harvard claimed the top three places. Two Harvard divers, freshman Jennifer Greene and senior Shannon Byrd qualified for the nationals with their respective scores...
Minnesota Mining and Manufacturing. Arthur Fry, 53, a 3M chemical engineer, used to get annoyed at how pieces of paper that marked his church hymnal always fell out when he stood up to sing. He knew that Spencer Silver, a * scientist at 3M, had accidentally discovered an adhesive that had very low sticking power. Normally that would be bad, but for Fry it was good. He figured that markers made with the adhesive might stick lightly to something and would come off easily. Since 3M allows employees to spend 15% of their office time on independent projects, he began working...
...organizations cannot keep its management's finger out of the pie." The new style involves a radical departure from corporate policies based on control from the top, layers of reporting and analysis, and an intolerance of failure. As a result, & intrapreneurship seems to work best in companies like 3M that have a long tradition of encouraging employees to be independent and innovative by working in small groups. Says Wilbert Gore: "I don't know how one can take an authoritarian style of management and make it intrapreneurial...