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    3M India LTD.:: Introduction To The Company

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    Shreyanka Rao
    3M India Ltd is 3M's flagship company in India, with manufacturing plants in Ahmedabad, Bengaluru, and Pune. It operates through five business segments: Industrial, Healthcare, Consumer, Safety and Graphics, and Energy. 3M products are sold worldwide through various distribution channels including direct sales, wholesalers, retailers, and dealers. Under the leadership of its SVP of HR, 3M's HR functions have become leaders in areas like determining when to use employees vs contractors, redefining talent management, and using metrics to improve processes. Key HR metrics 3M tracks include time to hire, acceptance rates, cost per hire, and time to productivity for new employees.

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    3M India LTD.:: Introduction To The Company

    Uploaded by

    Shreyanka Rao
    45 views2 pages
    3M India Ltd is 3M's flagship company in India, with manufacturing plants in Ahmedabad, Bengaluru, and Pune. It operates through five business segments: Industrial, Healthcare, Consumer, Safety and Graphics, and Energy. 3M products are sold worldwide through various distribution channels including direct sales, wholesalers, retailers, and dealers. Under the leadership of its SVP of HR, 3M's HR functions have become leaders in areas like determining when to use employees vs contractors, redefining talent management, and using metrics to improve processes. Key HR metrics 3M tracks include time to hire, acceptance rates, cost per hire, and time to productivity for new employees.

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    Introduction and reference to HR metrics and analysis

    Original Title

    3M India Ltd

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    3M India Ltd is 3M's flagship company in India, with manufacturing plants in Ahmedabad, Bengaluru, and Pune. It operates through five business segments: Industrial, Healthcare, Consumer, Safety and Graphics, and Energy. 3M products are sold worldwide through various distribution channels including direct sales, wholesalers, retailers, and dealers. Under the leadership of its SVP of HR, 3M's HR functions have become leaders in areas like determining when to use employees vs contractors, redefining talent management, and using metrics to improve processes. Key HR metrics 3M tracks include time to hire, acceptance rates, cost per hire, and time to productivity for new employees.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    45 views2 pages

    3M India LTD.:: Introduction To The Company

    Uploaded by

    Shreyanka Rao
    3M India Ltd is 3M's flagship company in India, with manufacturing plants in Ahmedabad, Bengaluru, and Pune. It operates through five business segments: Industrial, Healthcare, Consumer, Safety and Graphics, and Energy. 3M products are sold worldwide through various distribution channels including direct sales, wholesalers, retailers, and dealers. Under the leadership of its SVP of HR, 3M's HR functions have become leaders in areas like determining when to use employees vs contractors, redefining talent management, and using metrics to improve processes. Key HR metrics 3M tracks include time to hire, acceptance rates, cost per hire, and time to productivity for new employees.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    3M India Ltd.

    Introduction to the company:

    3M India Ltd is 3M Firm's flagship listed company in India. 3M Company, USA, is a


    diversified technology and scientific company with a global presence in the Industrial, Health
    Care, Consumer, Safety and Graphics, and Energy areas, and is a leading maker of goods
    for many of the sectors it supplies. Much of its products need technological, product
    development, manufacturing, and marketing competence, and they compete with products
    made and sold by other technology-oriented businesses.

    3M India has manufacturing plants in Ahmedabad, Bengaluru, and Pune, as well as a


    corporate office and a research and development centre in Bengaluru. Industry, Health Care,
    Consumer, Safety and Graphics, and Energy are the five (5) operation business segments
    that the company controls. The company's five business sectors bring together 3M
    technologies that are common or linked, facilitating the creation of innovative products and
    services and allowing for effective resource sharing. 3M goods are sold through a range of
    distribution channels, including direct to users as well as wholesalers, retailers, converters,
    distributors, and dealers in a variety of trades in a variety of countries across the world.
    (Capital Market, 2017)

    HR Metrics and Analytics in 3M:


    Under the visionary leadership of 3M’s Senior Vice president of Human Resources, Marlene
    McGrath the functions of HR in 3M has stood out to be a leader in a number of areas,
    demonstrating how HR is not only keeping up with the change of work, but also setting new
    benchmarks in terms of delivering competitive advantage through effective talent practises.
    3M is ahead of the curve in a number of crucial areas, including determining when to use
    employee’s vs non-traditional talent sources (contingent, freelancing, and other
    nonemployees), redefining talent management systems, and recognising the impact of
    change on HR. HR Metrics has been playing a vital role in providing for the effectiveness of
    these processes. (Morrison, 2015)

     Recruitment:
    - Time to Hire: The average number of days between when a position is posted and
    when an applicant accepts your offer.
    - Acceptance Rate: The number of offer letters sent out by your company divided
    by the number of candidates who accept it.
    - Cost per Hire: This metric is to calculate the average cost of acquiring a new
    employee. This figure is calculated by summing both internal and external hiring
    costs, then dividing the total by the number of people hired in a specific time
    period.
    - Time to Productivity: The time it takes for new employees to adjust to their new
    workplace and begin functioning at full capacity.

    References
    (2017). Retrieved from Capital Market:
    https://www.capitalmarket.com/Company-Information/Information/About-Company/3M-
    India-Ltd/2096

    Morrison, C. (2015, December 9). Three ways HR at 3M is leading the way. Retrieved from i4CP:
    https://www.i4cp.com/productivity-blog/2015/12/09/three-ways-hr-at-3m-is-leading-the-
    way

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