When 3M wanted to expand the reach of its innovation process it deployed an internal social network to access all 75,000 global employees, bringing in hundreds of new ideas. 3M’s reputation for innovation is well established, but the company wanted to include more staff in the ideation process. Traditionally, access to the company’s annual Markets of the Future brainstorming sessions was limited. By employing a new internal social networking platform, 3M was able to foster creativity and collaboration among all its employees around the world. In the two weeks the tool was open to employees, it attracted more than 1,200 people, who generated over 700 new ideas, which resulted in nine new markets for the company to explore. The Situation: 3M’s Corporate Strategy group conducts an annual exercise to define future markets. The organization sought to broaden the scope of this process and challenge employees to focus on the future while the economy tried to correct itself. “Although not an easy task, leaders recognized that this was the ideal time to inject new fuel into the process for defining future markets,” says Barry Dayton, knowledge management strategist at 3M. What They Did: 3M’s Corporate Knowledge Management group partnered with its Corporate Strategy and Corporate IT groups to deploy Enterprise 2.0 technology to expand and manage its innovation process. Access was open to all 75,000 global employees, and 1,239 people in 42 countries participated during the two-week idea-gathering period. For another four weeks, the 736 ideas generated were filtered into 26 market clusters. All told, the new process yielded nine potential future markets for 3M. Why It Was Unique: The group dramatically broadened access to its innovation strategies and learned a new technology in an exceedingly short period. In only eight weeks, it was able to reach out to tens of thousands of global employees and identify multiple viable potential markets. The Takeaway: The biggest benefit was that this new approach supported efforts to enhance employee engagement. Additionally, there’s now a strengthened partnership between the Corporate IT and Corporate Knowledge Management groups. The strategy also demonstrates 3M’s ongoing commitment to investing in its future. Rick Swanborg is president of ICEX and a professor at Boston University. Related content brandpost Sponsored by Catchpoint Systems, Inc. Gain full visibility across the Internet Stack with IPM (Internet Performance Monitoring) Today’s IT systems have more points of failure than ever before. Internet Performance Monitoring provides visibility over external networks and services to mitigate outages. By Neal Weinberg Dec 01, 2023 3 mins IT Operations brandpost Sponsored by Zscaler How customers can save money during periods of economic uncertainty Now is the time to overcome the challenges of perimeter-based architectures and reduce costs with zero trust. By Zscaler Dec 01, 2023 4 mins Security feature LexisNexis rises to the generative AI challenge With generative AI, the legal information services giant faces its most formidable disruptor yet. That’s why CTO Jeff Reihl is embracing and enhancing the technology swiftly to keep in front of the competition. By Paula Rooney Dec 01, 2023 6 mins Generative AI Digital Transformation Cloud Computing feature 10 business intelligence certifications and certificates to advance your BI career From BI analysts and BI developers to BI architects and BI directors, business intelligence pros are in high demand. Here are the certifications and certificates that can give your career an edge. By Thor Olavsrud Dec 01, 2023 8 mins Certifications Business Intelligence IT Skills Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe