What happened? Did he get axed for performance or did the PSD leader not like him since he was 3Mer?
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he was good however knew how to woo the people
He used to enjoy correcting grammar in EPR rather than the technical content. However, there are SVP R&D who can neither write well nor can they understand technical. Pathetic!
@qe+1jjx3xbnp he was a very good talker, his college degree I believe was in theatre. Lots of people liked him because he told them what they wanted to hear. No substance, lots of fluff, and no measurable growth during his tenure. Perhaps his new boss who was an external hire did not fall for his act.
Was Rodney H any good ?
3M is targeting employees in 50 so they can save pension and retirement benefits. Sorry Rodney as a VP has no exceptions. I think outside is much better for him. Agree with other people comments, he can land a better job but maybe less in compensation.
Rodney trying to drive business success without enough research dollars plus Tiremans absolute nuking of MTE roles put him in a no-win situation really.
Such is the BB way of doing business. GE style but even more crude and cheaper than Mcnerney could ever dream up.
Poor Rodney will find a job but probably nothing like what he made here. He's like being the Twins manager with the Pohlad family slashing payroll 10s of millions. The big boys (BB and tireman) never fire themselves. 3M competitors are laughing themselves to the bank with customers leaving in droves. BB care? Nope, he's already in his 60s making millions and looks in the mirror each day with a smile.
I'm sure Rodney will land in his feet soon enough. He is plenty competent and a nice enough guy.
It is not just PSD that had their NPI pipeline cut off post covid. There are similar stalled pipelines in almost all other divisions, doubly so in SIBG. If NPI launches without R&D dollars is the new standard, lots of VPs might as well go job hunting now.
Rodney was/is a good guy. I suspect he'd try to do right by his people. And the other posters are right.....after covid the pipeline was tight.
Missed some launch timelines by a few months which are ultimately meaningless due to lack of innovative marketing ideas and spend, so new products take years to seat. A few months here or there ultimately makes no difference. He was probably defending his people. Bloated commercialization and change processes force lab people to focus more on internal process, less on product. Distractions created by Tireman’s overpaid Kearny folks who show up with ridiculously uncreative cost cutting ideas, throw out spreadsheets over the wall, lab does all the heavy lifting to achieve cost outs because Tireman dumped the MTEs and Kearny folks don’t understand how much effort required to change regulated products. This further reduces ability for lab to focus on new products.
Someone at VP level should already be at financial independence if they were good with money. Hard to feel sorry them.
Getting rid of the Supply Chain VP should have happened years ago due to all the HR complaints. What in the world is 3M doing hiring him back into another job?
His greatest achievement while VP of R&D was to lead the division DEI committee. Yup, a white male in charge of DEI while the new product pipeline is dwindling.
Accountability on things you have little or no control on is not a good thing. Covid ki-led PSD NPI for 2 full years, then PSD got no budget to do any NPI with for the next 2 yrs. Hard to be held accountable to launching new products in that situation. He's a good guy who was doing the right things with what he had to work with. This is not a good move. Next guy will start from a better place as the money has finally loosened up some but it will be built on what his predecessor started.
Billy Boy is pulling out the old GE McNerney management style of giving outrageous performance goals - low inventory mandates, high OTIF, low labor costs - that are collectively impossible to achieve.
Then he blames VPs by name and business on his conference calls. Fires them. And hires outsiders who will get a golden parachute and easier goals. Then Billy takes credit for "reviving" 3M.
Sell your GESPP before the bubble pops.
It's good that BB is putting full accountability on VP&Directors to deliver against target OP. If unable to meet, out you go.
If they aren’t performing they absolutely must be terminated or demoted. Nothing wrong with that. aric Getty is on really thin ice too.
Planning VP was well deserved.
PSD new product pipeline was very weak under his leadership. He spent too much of his time selling an inflated narrative. His new boss was too smart to buy his act.
It's hard for me to work up sympathy for VPs and directors. They let a lot of good people go. Now they know what it feels like to live in fear, too.
Same goes for a SiBG VP planning. He was singled out by BB for big miss in OTIF. Forced to resign and rejoin back and down graded to director..
The new 3M. Give impossible metrics that can't be met and then "have to" let them go. I'm hearing lots more stories of directors and VPs being scared for their jobs now for this reason.
Rodney
Who got axed?
I hear he was forced out. He was good guy. Who knows!