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This is the twelfth track of an interview series with Peter Drucker on innovation and entrepreneurship, conducted by Fred Harmon. Drucker and Harmon have a conversation with John T. Myser, president of 3M Canada. They discuss the creation of 3M’s Automotive Trades Division, which combined “traditional abrasives with traditional adhesives to develop new products, markets, and applications.” Myser discusses organized abandonment, delegating authority and responsibility, and the importance of failure in innovative enterprises. Myser also talks about Arthur Fry, co-creator of the Post-It note.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Harmon, Frederick G Interviews Innovation Entrepreneurship Management Canada Automobile industry and trade Responsibility Myser, John T Organized abandonment Fry, Arthur
Original audio CD: Drucker Archives; Box 101B, Video Recordings: Peter Drucker: Innovation and Entrepreneurship: The Practices and Principles, track 12, undated.