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University of Technology, Jamaica

                                       St Andrew, Jamaica



                                          October 2012



                           Management of Innovation and Technology



                                    “The 3M Corporation”


                                            CASE #2


                               School of Business Administration

                                          BBA P.O. M

                                        Peta-Gaye Whyte

                                          ID # 0506708

                                       Mr. Shelley Whittle



A project submitted in partial fulfillment of the requirements for the Bachelor of Business

Administration Degree in Production Operation Management.
Introduction


With the aid of the web this case will highlight a few points on the exercise given and has

successfully aim to clarify what is market pull and technology push factors that were considered

in the development of 3m “Post it”. Discussion of “market pull” versus “technology push”

approaches in the field of business innovation research has followed a certain trend. The web

base research undertaken has been concerned in particular with the question of how each of these

approaches differently influences the subsequent success of the innovation. After contrasting the

various characteristics of the “technology push” and “market pull” approaches, the market-

related characteristics of “technology push” projects are outlined. In addition, organizational

structural aspects as well as strategic and operative aspects of “technology push” project

management will be highlighted. Key words: “technology push” –mark In fulfilling the task at

hand, the paper has been organized with the use of various headings, namely; implications for

management, recommendations and a concluding statement. It proved to be both an effective and

efficient technological tool of today.




Main ideas/points clearly stated


   •   Technology push is a simple linear that suggests that the innovation process starts with an

       idea or a discovery; it is sometimes called ‘idea push’. Sometimes this is by a creative

       individual who has the knowledge and imagination to realise its significance and the

       practical skills to transform the idea or discovery into an invention.


   •   According to Answers.com, it defines market pull as when a business has a need for a

       product and technology develops to fill that need.
•   While Technology push means technology has been developed and the 'need' must be

    created.


•   3M’s post-it is an invention that was created by 3M research scientist, Dr. Spence

    Silver, who first developed the technology in 1968 while looking for ways to improve the

    acrylate adhesives that 3M uses in many of its tapes; but he found something remarkably

    different.


•   Art Fry, a colleague of Dr. Silver was daydreaming about a bookmark that would stay put

    in his church hymnal when he remembered the adhesive that Dr. Silver had invented but

    didn’t know what to use it with.


•   Today, the Post-it Brand boasts more than 4,000 unique products, and has become one of

    the most well-known and beloved brands in the world.


•   Potential market applications for a “technology push” strategy are essentially unknown,

    whereas the knowledge about the areas of need in a “market pull” situation can be

    directly taken as a starting point for these potential applications. (Pfeiffer, 1992).

    “Technology push” innovation projects generally possess higher market uncertainty. This

    difference implies that both approaches demand completely different methods to win

    market information.


•   A “technology push” situation implies more the use of anticipatory, exploratory market


    research methods (e.g. scenarios, Delphi-studies, road mapping), whereas a “market pull”

    allows the use of information from predominately conventional market research concepts

    (Lender, 1991).
•   The Market push factor was evident since this sort of technology was seen based on the

       fact that 90% of the product success was market driven, “market pull”.


   •   The post-it is described by 3M on occasions as a result of a ‘technology push’ and in

       other cases as reaction to market needs. After entering the market in the early 1980s, it

       has been developed further into many different formats, varying in size, shape, colour,

       and areas of application. 3M's core competence in sticky tapes led to ‘Post-it’ notes.




Main points (examples)


“Post-it® Notes ...Little sticky notes that revolutionized messages”. A captioned slogan

posted on 3M.com Canada defining the purpose of this innovation.




   •   Since the introduction of Post-it Notes in 1980, the sticky yellow notes have become one

       of the best known of all 3M products. In a twist to the tradition of innovation, the product

       had its root as a solution looking for a problem.


   •   Canadian advertisers are using Post-it Notes to deliver their sales messages - with

       exceptional results. 3M Post-it® Notes are popping up on the front pages of newspapers

       across Canada. Research indicates that advertising with Post-it® Notes increases product

       recognition and awareness and as they're often posted on refrigerators or computer

       screens, the advertisement has a longer shelf life.
•    One year after its introduction, Post-it Notes were named 3M's outstanding new Product.

       And today, loyal customers can't imagine how they ever got along without them. Post-it

       Notes are best sellers worldwide.




Implications for Management


   •   Within organisations, management should see the use of sticky notes, for they keep staff

       up to time with short term duties and memo/reminders that can be easily retrieved.

       Whether you view these domestic telegrams as signs of dysfunction, the decline of

       face-to-face communication or merely as nifty argument-savers, there is the plain

       fact that members of many organisation that are seldom in the same place at the

       same time.


   •   3M’s Post-it Brand has rolled out an iPhone and iPad application that gives users daily

       reminders and serves as a communication tool for their friends and families. The Post-it

       Pop Notes App provides friends, families and other app users another way they can

       connect, communicate, share, organize and remind. The app features geo-targeted

       technology that lets users create and place digital Post-it Notes anywhere.


   •   The post-its can be used as memory experts, in fact, according to New York Times

       publication Monday, July 2, 2007 “call them retrieval cues”, an assist for absent-

       mindedness, offered Dan Heath, a business consultant and teacher and a co-author of

       "Made to Stick,".
•   The use of Post-its is very in-expensive and is a product that according to, Schacter, the

       Post-It, works as a "prospective memory cue or an external memory aid" that can

       compensate for that failure. New York Times




Recommendations


  •    Post-it can be customized for other company’s products. It is a simple way to deliver

       advertising impact and promote your company, product, or brand. Imprint your logo and

       message on Post-it: Notes, Die-Cut Notes, Super Sticky Notes, Angle Note Pads, Notes

       Cubes, Flags, Flag Pens and Highlighters, Note Dispensers and more.


  •    Organizations can benefit a lot through marketing with these post-its where as they can

       give them to other organization that the contract business with. This will be seen as a

       market pull.




Conclusion
To conclude, “Technology push” projects possess a very high market uncertainty that results

 from the uncertainty in potential application fields of the existing technologies, in that of

 potential market possibilities and customer needs. For technology-intensive companies, this

 leads to the necessity to develop and implement intelligent mechanisms, processes and

 methods for the effective reduction of uncertainty. During the conceptualization stage of most

 products, such as the 3Ms Post its strips; factors such as market pull and technology push are

 determinant factors in their designs, however, other products may be characterised based on

 only one factor. These factors are of much importance as they can determine how well the

 product performs.




References


Management of “technology push” development projects; Prof. Dr. Cornelius Herstatt, August

2000 Paper No. 5.Retrived October 8, 2012 from


http://wiki.answers.com/Q/What_dose_technology_push_mean


http://www.tuharburg.de/tim/downloads/arbeitspapiere/Working_Paper_5.pdf


3M Canada 1995-2007 Retrieved October 4, 2012 from

http://www.3m.com/cms/CA/en/130/rFzeEA/view.html
http://labspace.open.ac.uk/mod/resource/view.php?id=349892

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Management of Innovation and Technology: The 3M Corporation Case #2

  • 1. University of Technology, Jamaica St Andrew, Jamaica October 2012 Management of Innovation and Technology “The 3M Corporation” CASE #2 School of Business Administration BBA P.O. M Peta-Gaye Whyte ID # 0506708 Mr. Shelley Whittle A project submitted in partial fulfillment of the requirements for the Bachelor of Business Administration Degree in Production Operation Management.
  • 2. Introduction With the aid of the web this case will highlight a few points on the exercise given and has successfully aim to clarify what is market pull and technology push factors that were considered in the development of 3m “Post it”. Discussion of “market pull” versus “technology push” approaches in the field of business innovation research has followed a certain trend. The web base research undertaken has been concerned in particular with the question of how each of these approaches differently influences the subsequent success of the innovation. After contrasting the various characteristics of the “technology push” and “market pull” approaches, the market- related characteristics of “technology push” projects are outlined. In addition, organizational structural aspects as well as strategic and operative aspects of “technology push” project management will be highlighted. Key words: “technology push” –mark In fulfilling the task at hand, the paper has been organized with the use of various headings, namely; implications for management, recommendations and a concluding statement. It proved to be both an effective and efficient technological tool of today. Main ideas/points clearly stated • Technology push is a simple linear that suggests that the innovation process starts with an idea or a discovery; it is sometimes called ‘idea push’. Sometimes this is by a creative individual who has the knowledge and imagination to realise its significance and the practical skills to transform the idea or discovery into an invention. • According to Answers.com, it defines market pull as when a business has a need for a product and technology develops to fill that need.
  • 3. While Technology push means technology has been developed and the 'need' must be created. • 3M’s post-it is an invention that was created by 3M research scientist, Dr. Spence Silver, who first developed the technology in 1968 while looking for ways to improve the acrylate adhesives that 3M uses in many of its tapes; but he found something remarkably different. • Art Fry, a colleague of Dr. Silver was daydreaming about a bookmark that would stay put in his church hymnal when he remembered the adhesive that Dr. Silver had invented but didn’t know what to use it with. • Today, the Post-it Brand boasts more than 4,000 unique products, and has become one of the most well-known and beloved brands in the world. • Potential market applications for a “technology push” strategy are essentially unknown, whereas the knowledge about the areas of need in a “market pull” situation can be directly taken as a starting point for these potential applications. (Pfeiffer, 1992). “Technology push” innovation projects generally possess higher market uncertainty. This difference implies that both approaches demand completely different methods to win market information. • A “technology push” situation implies more the use of anticipatory, exploratory market research methods (e.g. scenarios, Delphi-studies, road mapping), whereas a “market pull” allows the use of information from predominately conventional market research concepts (Lender, 1991).
  • 4. The Market push factor was evident since this sort of technology was seen based on the fact that 90% of the product success was market driven, “market pull”. • The post-it is described by 3M on occasions as a result of a ‘technology push’ and in other cases as reaction to market needs. After entering the market in the early 1980s, it has been developed further into many different formats, varying in size, shape, colour, and areas of application. 3M's core competence in sticky tapes led to ‘Post-it’ notes. Main points (examples) “Post-it® Notes ...Little sticky notes that revolutionized messages”. A captioned slogan posted on 3M.com Canada defining the purpose of this innovation. • Since the introduction of Post-it Notes in 1980, the sticky yellow notes have become one of the best known of all 3M products. In a twist to the tradition of innovation, the product had its root as a solution looking for a problem. • Canadian advertisers are using Post-it Notes to deliver their sales messages - with exceptional results. 3M Post-it® Notes are popping up on the front pages of newspapers across Canada. Research indicates that advertising with Post-it® Notes increases product recognition and awareness and as they're often posted on refrigerators or computer screens, the advertisement has a longer shelf life.
  • 5. One year after its introduction, Post-it Notes were named 3M's outstanding new Product. And today, loyal customers can't imagine how they ever got along without them. Post-it Notes are best sellers worldwide. Implications for Management • Within organisations, management should see the use of sticky notes, for they keep staff up to time with short term duties and memo/reminders that can be easily retrieved. Whether you view these domestic telegrams as signs of dysfunction, the decline of face-to-face communication or merely as nifty argument-savers, there is the plain fact that members of many organisation that are seldom in the same place at the same time. • 3M’s Post-it Brand has rolled out an iPhone and iPad application that gives users daily reminders and serves as a communication tool for their friends and families. The Post-it Pop Notes App provides friends, families and other app users another way they can connect, communicate, share, organize and remind. The app features geo-targeted technology that lets users create and place digital Post-it Notes anywhere. • The post-its can be used as memory experts, in fact, according to New York Times publication Monday, July 2, 2007 “call them retrieval cues”, an assist for absent- mindedness, offered Dan Heath, a business consultant and teacher and a co-author of "Made to Stick,".
  • 6. The use of Post-its is very in-expensive and is a product that according to, Schacter, the Post-It, works as a "prospective memory cue or an external memory aid" that can compensate for that failure. New York Times Recommendations • Post-it can be customized for other company’s products. It is a simple way to deliver advertising impact and promote your company, product, or brand. Imprint your logo and message on Post-it: Notes, Die-Cut Notes, Super Sticky Notes, Angle Note Pads, Notes Cubes, Flags, Flag Pens and Highlighters, Note Dispensers and more. • Organizations can benefit a lot through marketing with these post-its where as they can give them to other organization that the contract business with. This will be seen as a market pull. Conclusion
  • 7. To conclude, “Technology push” projects possess a very high market uncertainty that results from the uncertainty in potential application fields of the existing technologies, in that of potential market possibilities and customer needs. For technology-intensive companies, this leads to the necessity to develop and implement intelligent mechanisms, processes and methods for the effective reduction of uncertainty. During the conceptualization stage of most products, such as the 3Ms Post its strips; factors such as market pull and technology push are determinant factors in their designs, however, other products may be characterised based on only one factor. These factors are of much importance as they can determine how well the product performs. References Management of “technology push” development projects; Prof. Dr. Cornelius Herstatt, August 2000 Paper No. 5.Retrived October 8, 2012 from http://wiki.answers.com/Q/What_dose_technology_push_mean http://www.tuharburg.de/tim/downloads/arbeitspapiere/Working_Paper_5.pdf 3M Canada 1995-2007 Retrieved October 4, 2012 from http://www.3m.com/cms/CA/en/130/rFzeEA/view.html