Organizational Goals Hold the Key to Success Term Paper

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Organizational goals hold the key to success as they determine the direction a company should take to achieve its stated mission (Parker, 2003). This principle is clearly illustrated in the case of 3M, a $18 billion diversified technology company that markets innovative products and services to the transportation; consumer and office; display and graphics; electro and communications; health care; industrial; safety, security and protection services industries. 3M owes its success primarily due to the fact that its organizational goals are in total alignment with a well conceived mission that incorporates the company's core ideology and purpose. Indeed, this is reflected in 3M's description of itself as "a global technology company that delivers innovative solutions to life's everyday puzzles.

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" It is important to note that 3M has also built its reputation on the core values of trust, integrity, and ethical business practices (3M, 2005)

3M's organizational goals, which are derived from the company's core ideology and purpose are innovative products; extension of global reach; powerful brands; strong relationships with customers; and ever increasing productivity (2003 Annual Report, p. 7). These goals are also effective because the company takes care to spell these out in quantifiable and time-specific terms (Parker,….....

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"Organizational Goals Hold The Key To Success" (2005, February 26) Retrieved June 5, 2026, from
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"Organizational Goals Hold The Key To Success", 26 February 2005, Accessed.5 June. 2026,
https://www.aceyourpaper.com/essays/organizational-goals-hold-key-success-62214
   

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