Management, Human resource management, Strategic management

3M is faced by competitive pressures in the industry in which its operating. One problem that the company faced here is that of securing its future corporate leadership. The problem that 3M faced in mid 1990s was of some structural changes in the business environment it was operating in. This structural change comprised of very fast changes in information and product technologies and the globalization of markets. This globalization had influenced the kind of leadership capabilities that were required for the success of the organization.