Firms of Endearment: How World-Class Companies Profit from Passion and Purpose, Second Edition

Appendix A. Brief Company Profiles

U.S. Public Firms of Endearment

3M

3M is an American multinational manufacturing leader, with $30 billion in sales and 88,000 employees. It has operations in 65 countries. The company is heavily focused on innovation, producing 55,000 different products. The leadership and culture emphasize innovation and seek to drive it throughout the firm. The company is also greatly concerned with its environmental impact. It launched its “Pollution Prevention Pays” program in 1975, much earlier than most companies became conscious of their impact on the environment. Through this program, 3M has engaged in numerous innovations that have reduced pollution while also saving money and/or adding value to products. The company ...