Which of the company’s grand strategies would this threaten? How so?• What long-term objectives are discussed in the 3M article? Identify them briefly.Readings• Use your Strategic Management textbook to complete the following: o Read Chapter 5, “Competitive Advantage, Firm Performance, and Business Models,” pages 144–178.o Read Chapter 6, “Business Strategy: Differentiation, Cost Leadership, and Blue Oceans,” pages 182–217.• Use the library to read Arndt and Brady’s 2004 article, “3M’s Rising Star,” from Business Week, issue 3878, pages 62–74. This article focuses on 3M CEO Jim McNerney’s climb to the top of the corporate ladder.IBM and Multibusiness Strategy (2 paragraph)Please respond to ONE of the following:• What is IBM’s corporate or multibusiness strategy for the twenty-first century, and how is it different from its long-standing strategy?• What does the case title “Beyond Blue” mean?Readings• Use your Strategic Management textbook to read Chapter 9, “Corporate Strategy: Strategic Alliances, Mergers, and Acquisitions,” pages 308–337.• Use the library to read Hamm and Ante’s 2005 article, “Beyond Blue,” from Business Week, issue 3929, pages 68–76.
