Principles Of 3M

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Of all the pathways to growth, investing in our people is most important”. 3M considers, if their employees will grow that will unlock their energy and activities which are important for customers, this lead to company growth. Apparently, 3M 's first chairman of the board, William L. McKnight, was a unique leader and 3M has had remarkable leaders at all levels of the company ever since.
3M corporate governance rules describe how to organize business on a daily basis, which conducts permanent growth. These principles represent a framework that describes the roles, rights and responsibilities at different organizational levels. 3M’s Board of Directors supervises the Chief Executive Officer and Senior Management, and insures that company’s procedures …show more content…

3M is engaged to being a responsible company with uncompromising integrity in all its business with local, state or provincial and national governments, and their prime contractors and subcontractors around the world. In all of 3M business with governments, 3M mindfully respects the laws, rules, and regulations that dominate our government relations.
Be Loyal - 3M 's employees are loyal. They place 3M 's interests first doing their jobs; their personal activities do not clash with 3M 's business; and they keep in secret 3M 's information.
Be Accurate - Performance, keeping promises to customers and ensuring accuracy in financial and other business records influences 3M’s reputation. People and stakeholders must have confidence in the accuracy of 3M’s accounting and reporting systems.
Be Respectful - 3M’s principles contain respecting each other and social and physical environment.The company’s goal is sustainable development through environmental protection, social responsibility and economic progress.
Sustaining 3M’s Code of Conduct and values is the accountability of everyone acting on 3M’s behalf. Everyone has responsibility to act promptly about a possible violation of 3M’s Code of Conduct or law.

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