Printed Electronics Now Staff12.03.20
As the global economy shifts in the wake of the COVID-19 pandemic, 3M is advancing its operating model, streamlining its business, and focusing on global trends where the company will apply science to life in new ways to drive sustainable growth.
"The COVID-19 pandemic has advanced the pace of change and disrupted end markets around the world, increasing the need for companies to adapt faster," said Mike Roman, 3M chairman and CEO. "At the same time, we are seeing significant opportunities from our new operating model which we launched at the start of the year. As a result, we are taking further actions to streamline our operations, positioning us to deliver greater growth and productivity as global markets emerge from the pandemic."
In January 2020, 3M launched a new global operating model, which has evolved the way 3M works, enabling the company to be more customer focused and responsive, helping 3M to lead during the pandemic.
"The COVID-19 pandemic has advanced the pace of change and disrupted end markets around the world, increasing the need for companies to adapt faster," said Mike Roman, 3M chairman and CEO. "At the same time, we are seeing significant opportunities from our new operating model which we launched at the start of the year. As a result, we are taking further actions to streamline our operations, positioning us to deliver greater growth and productivity as global markets emerge from the pandemic."
In January 2020, 3M launched a new global operating model, which has evolved the way 3M works, enabling the company to be more customer focused and responsive, helping 3M to lead during the pandemic.