30% of 3Ms profit should come from products introduced in the last four years

Harvard Business Review (2013)

As a diversified technology company, 3M is always looking for new ways to innovate and grow its business. To stay competitive in the ever-changing marketplace, the company has set a goal of generating 30% of its profits from products introduced in the last four years. This focus on innovation has helped 3M become a leader in a wide range of industries, from consumer electronics to healthcare. In addition, by continually introducing new products, 3M can keep its customer base engaged and excited about its brand. As it continues to invest in innovation, 3M is poised to experience continued growth and success in the years to come.