This whole situation has erased my motivation and halved my productivity. I used to care how well the company did, but now I realize that the only ones who'll profit from 3M doing well are the C-suite. Employees never see any of the gains but always feel the losses disproportionally. That's why I don't even bother anymore.
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Work your way goes away and im leaving the company. Too many other options out there
50,000 production staff don't get a choice to work from home, and thanks to Monish still are not entitled to any sort of incentive payment, thanks for that , he will still spend millions on $hit though
I think Robert Bilott would make an excellent CEO.
"Giving Employees the choice to work at home is at least ONE good differentiator. People I know at other companies are getting MASSIVE pressure to get back into offices."
This is what keeps me here for now, amidst the chaos and nonsense. I know I'd actually feel worse being forced to go into an office for no good reason. Time is super valuable to me.
I haven't heard a single name internally that would be a good choice for CEO when Mikey gets his platinum parachute.
3M is going to have to pay big and pay down like a signing bonus to get talent to come in to try to save this place from bankruptcy. Either that or take a chance on someone who is probably a self promoter. Just never again a GE person.
I agree with someone who wrote a few weeks ago that the only way to save 3M is to break in up into 5 or 6 pieces and hire from outside, picking the best in that particular industry. The guy at Dupont (Breen) is known for such a thing. Hire him and let him dissolve want is left.
"Quiet Quitting" in full force in 3M. Alas once upon a time, not so long ago, people used to be proud to be working for 3M and really cared for the company.
In Sep 2022, not so much. Pretty much everyone has given up hope for a turnaround. How Mike and his boy bands still have a job is anybody's guess. What a complete and utter disaster.
Maybe Marissa Meyer, the failed wunderkind from yahoo, can swoop in a give 3M a helping hand. She was famous for rules for thee but not for me. She had an employee fitness center relocated so she could build a personal dare care for her own kid while she could work a few steps aware. The rest of the employees didn't get anything of the like.
She was a big fan of requiring people to work in the office when Yahoo had been a pioneer of remote working.
Finally, she loved GE forced ranking so much, they had quarterly rank and yank parties to flunk out people over 35. That would really help 3M employee morale. Not!
But she's a pretty face right?
I think it's time for an employee opinion survey to check the collective pulse of the employees.
Get to work or I’ll tell moni! He’ll add you to the ‘list’
Other than collapsing real estate market, dwindling underfunded pension fund, eroding stock price, low pay, no career path, lateral career movement, plummeting moral, everything is great!
Giving Employees the choice to work at home is at least ONE good differentiator. People I know at other companies are getting MASSIVE pressure to get back into offices.
3M reminds me of a successful sports team that starts a gradual decline into losing. The lockerroom is swirling with negativity and lack of trust in the coaching. The fans have even checked out.
Anyone remember Jerry Burns who took over for the great Vikings coach Bud Grant. Grant had taken the vikes to 4 super bowls (lost them all but hey he got them there). Jerry takes over and has success at first. The Vikes were a dropped Darren Nelson catch form tying the 49ers and maybe going to the super bowl in 1987. Then the team declines and starts losing. Where is Jerry? He's the frowning guy on the sidelines who looks like his team will lose once a bad break or bounce happens against them. Even with guys like Hershel Walker, Keith Millard and company, the team crashes and burns (pun intended).
Mike is our own Jerry Burns but without the wins that Jerry rolled up in his 1st years. Mike is a dud hang picked by his successful predecessor (at least based on the stock price rise, Inge was successful). I remember seeing the Vikings just dragging through games during his final year, even getting blown out at home at the end of the season by the Lions and even by a bad (pre Brett Favre) Packers. Mike is dragging by and dragging the team down with him. At least Jerry had the professionalism to retire.
Employees are like inmates, all lined up , waiting to be dragged to the shooting grounds. Too brutal
That is exactly what poor or no leadership does to motivation. If there is a big picture hallmark of the MR tenure, it’s poor leadership and lack of vision. Most of his actions seem reactionary and the ones that are not (A3M) have been failures or too trivial to make a material difference to the financial health of the company (diversity initiatives). What’s clear is that employees are near the bottom of the priority list and that’s where motivation is dies.