Creating Breakthroughs at 3M (HBR OnPoint Enhanced Edition)

Creating Breakthroughs at 3M (HBR OnPoint Enhanced Edition)
by Eric von Hippel, Stefan Thomke, Mary Sonnack

Creating Breakthroughs at 3M (HBR OnPoint Enhanced Edition)
Our Price: $6.50
Availability: Available for download now
Category: Book
See more book details and other editions


(Click here)
Buy this book at online book store in your country
Canada | UK | Germany | France

Book Summary Information

Author: Eric von Hippel, Mary Sonnack, Stefan Thomke
Edition: Digital
Format: Download: PDF
Published: 2001-02-01
ISBN: N/A
Number of pages: 11
Publisher: Harvard Business Review

Summary of Creating Breakthroughs at 3M (HBR OnPoint Enhanced Edition)

Most senior managers want their product development teams to create new products that will allow their companies to grow rapidly and maintain high margins. But more often they get incremental improvements to existing products. That's partly because companies must compete in the short term. In addition, developers simply don't know how to achieve breakthroughs, and there is usually no system in place to guide them. By the mid-1990s, the lack of such a system was a problem even for an innovative company like 3M. Then a project team in 3M's Medical-Surgical Markets Division became acquainted with a method for developing breakthrough products: the lead user process. The process is based on the fact that many commercially important products are initially thought of and even prototyped by "lead users"--companies, organizations, or individuals that are well ahead of market trends. Their needs are so far beyond those of the average user that lead users create innovations on their own that may later contribute to commercially attractive breakthroughs. The lead user process transforms the job of inventing breakthroughs into a systematic task of identifying lead users and learning from them. The authors explain the process and how the 3M project team successfully navigated through it. In the end, the team proposed three major new product lines and a change in the division's strategy that has led to the development of breakthrough products. And now several more divisions are using the process to break away from incrementalism.
This is an enhanced edition of HBR article 99510, originally published in September/October 1999. HBR OnPoint articles save you time by enhancing an original Harvard Business Review article with an overview that draws out the main points and an annotated bibliography that points you to related resources. This enables you to scan, absorb, and share the management insights with others. Most senior managers want their product development teams to create breakthroughs--new products that will allow their companies to grow rapidly and maintain high margins. But more often they get incremental improvements to existing products. That's partly because companies must compete in the short term. Searching for breakthroughs is expensive and time consuming; line extensions can help the bottom line immediately. In addition, developers simply don't know how to achieve breakthroughs, and there is usually no system in place to guide them. By the mid-1990s, the lack of such a system was a problem even for an innovative company like 3M. Then a project team in 3M's Medical-Surgical Markets Division became acquainted with a method for developing breakthrough products: the lead user process. The process is based on the fact that many commercially important products are initially thought of and even prototyped by "lead users"--companies, organizations, or individuals that are well ahead of market trends. Their needs are so far beyond those of the average user that lead users create innovations on their own that may later contribute to commercially attractive breakthroughs. The lead user process transforms the job of inventing breakthroughs into a systematic task of identifying lead users and learning from them. The authors explain the process and how the 3M project team successfully navigated through it. In the end, the team proposed three major new product lines and a change in the division's strategy that has led to the development of breakthrough products. And now several more divisions are using the process to break away from incrementalism.

Business & Investing Books

Book Subjects
Most talked about in Business & Investing Books
The Tipping Point: How Little Things Can Make a Big Difference ImageThe Tipping Point: How Little Things Can Make a Big Difference
by Malcolm Gladwell
Back Bay Books; Published: 2002-01-07; Paperback; Book
Best price: $4.35
Price in other shops: $14.99
When Markets Collide: Investment Strategies for the Age of Global Economic Change ImageWhen Markets Collide: Investment Strategies for the Age of Global Economic Change
by Mohamed El-Erian
McGraw-Hill; Published: 2008-05-23; Hardcover; Book
Best price: $15.97
Price in other shops: $27.95
Women & Money: Owning the Power to Control Your Destiny ImageWomen & Money: Owning the Power to Control Your Destiny
by Suze Orman
Spiegel & Grau; Published: 2007-02-27; Hardcover; Book
Best price: $13.99
Price in other shops: $24.95
The Official Guide for GMAT Review, 11th Edition ImageThe Official Guide for GMAT Review, 11th Edition
by Graduate Management Admission Council
Graduate Management Admission Council; Published: 2005-09; Paperback; Book
Best price: $18.50
Price in other shops: $36.95
Getting Things Done: The Art of Stress-Free Productivity ImageGetting Things Done: The Art of Stress-Free Productivity
by David Allen
Penguin (Non-Classics); Published: 2002-12-31; Paperback; Book
Best price: $6.99
Price in other shops: $15.00
The Art of Influence: Persuading Others Begins With You ImageThe Art of Influence: Persuading Others Begins With You
by Chris Widener
Doubleday Business; Published: 2008-07-08; Hardcover; Book
Best price: $8.18
Price in other shops: $16.95
Good to Great: Why Some Companies Make the Leap... and Others Don't ImageGood to Great: Why Some Companies Make the Leap... and Others Don't
by Jim Collins
Collins Business; Published: 2001-10; Hardcover; Book
Best price: $8.50
Price in other shops: $27.50
StrengthsFinder 2.0: A New and Upgraded Edition of the Online Test from Gallup's Now, Discover Your Strengths ImageStrengthsFinder 2.0: A New and Upgraded Edition of the Online Test from Gallup's Now, Discover Your Strengths
by Tom Rath
Gallup Press; Published: 2007-02-01; Hardcover; Book
Best price: $8.28
Price in other shops: $19.95
The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich ImageThe 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich
by Timothy Ferriss
Crown; Published: 2007-04-24; Hardcover; Book
Best price: $10.89
Price in other shops: $19.95
Tuned In: Uncover the Extraordinary Opportunities That Lead to Business Breakthroughs ImageTuned In: Uncover the Extraordinary Opportunities That Lead to Business Breakthroughs
by Craig Stull, Phil Myers, David Meerman Scott
Wiley; Published: 2008-06-30; Hardcover; Book
Best price: $12.00
Price in other shops: $27.95
Similar Books and other products
3M's Culture of Innovation: Rewarding Employees Newsletter - Volume 2 No 9 (Bob Nelson's Rewarding Employees Newsletter) Image3M's Culture of Innovation: Rewarding Employees Newsletter - Volume 2 No 9 (Bob Nelson's Rewarding Employees Newsletter)
by Bob, Ph.D. Nelson
Nelson Motivation Inc.; Published: 2002-08-01; Digital; Book
Best price: $6.95
The 3M Way to Innovation: Balancing People and Profit ImageThe 3M Way to Innovation: Balancing People and Profit
by Ernest Gundling
Kodansha Intl; Published: 2000-01-15; Hardcover; Book
Best price: $134.21
Strategic Stories:  How 3M Is Rewriting Business Planning ImageStrategic Stories: How 3M Is Rewriting Business Planning
by Gordon Shaw, Robert Brown, Philip Bromiley
Harvard Business Review; Published: 1998-05-01; Digital; Book
Best price: $6.50
Book store. Illustrated catalog of books on different categories