Christopher Snyder
Morgan Stanley, Research Division
Yes, absolutely. So over a year into the job now, I guess as you kind of look back, what do you think has been your biggest success? And what do you think has been the biggest challenge as you step into the role?
William Brown
CEO & Chairman
So year has gone very fast, as you’d expect. The team has been very busy. When I came in — when I joined 3M and I came in, I saw an opportunity to get back to basics, focus on the fundamentals of the business, sort of reinvigorate the culture, focus on accountability, agility and innovation, all those things you’re trying to do to make the business better. And it’s playing out largely the way I expected it would.
A year ago, I laid out 3 priorities around top line growth for both innovation and commercial excellence, driving operational performance across the enterprise and an effective capital deployment. And I think we’ve made really good progress on all of those dimensions. The company is responding, I think, very well to the challenge to get back to innovation in the first half of this year, and I talk about these metrics all the time at our earnings releases. We launched 126 products in the first half of the year, which, just for perspective, we launched 128 in all of 2023. So it’s
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