Today he is “excited” to announce 3M Continuous Improvement. Aka, let’s lay off a bunch more people, I’m sure everyone is as excited as him. Disingenuous and tone deaf.
Sounds like the next failed executive initiative to me, Advance 3M 2.0. I wish I could get paid as much as Gibbons and Roman to accomplish nothing.
Wonder why MR paid so much to hire PG - where the only strategy after many months here is 3M CONTINUOUS IMPROVEMENT !!
PG is clueless.
how about holding the executives accountable on the continuous improvement of the share price?
We are fed up with the abuse of labor. If they don’t give us more money then the entire group will quit.
hahahaha, continuous improvement, is this for the poor production employees who are being treated like dirt, incentives and small bonuses taken away and no hope of progression, no work your way like the wasters who are hiding at home doing zilch, it is time for the production employees to stand up and demand better rights and more pay as we have not had a real term wage increase in more than 6 years
What about the area LVS team? They are not making or selling neither. Just consolidating information into PPT files.
Absolutely ridiculous organizational structure to begin with. It is cost excessive, filled with too many “managers” or positions that make nothing / sell nothing, combined with leadership failures at all levels. If you are going to use Lean Six Sigma, start with LEAN. We’re past the scalpel stage; time for a meat cleaver. If you are not making something or selling something, you are on notice. We don’t need more analysts and we don’t need more PowerPoint presentations.
They should just close down EO, and return back to under BG led.
This tire man can go off immediately.
This guy is worse off than Hammes.
When rolling out the structure change (completely disregarding layoffs), Gibbons said “we will dedicate more improvement resources to our plants.”
Lie! You cannot simultaneously add resources and layoff resources.
I heard ~100 cuts in the LSS org. Not sure if that's USAC or global, regardless, it's a pretty massive cut.
I'm an BB in EO for factories and at least 40% of my group was cut. Some very competent individuals with extensive tenure in factories we struggle to retain people too.
Peter Gibbons talked a strong game of supporting the factories, but his actions don't back that up.
Shameful that they would market the black belt role as a leadership development program for top talent in the organization. What a joke!
Any idea on how big the cuts are? Seen almost every BB get unassigned today...
😊Sounds like a great idea!
Sadly, I'm gullible.
I bought about 2,000 shares of 3M @ $253/share and held on to them.
Dividends darlings for sure, but we'll rally after the spin off!
Like a booster shot
If I read this right, his org failed and he got to lay off a bunch of employees (some with extensive tenure) and now he gets to have a second shot at finding success?
Same old sh-t. Failing leaders not held accountable. Employees used as scapegoats.
If he laid himself off first, then I'll trust his way works
So is he getting rid of the 3M EX program? What a waste of money since this had engaged an expensive consultant.
Did GE colleagues authorize this deviation?
Peter Gibbons
Group President, Enterprise Operations
Peter Gibbons joined 3M in November 2021 as group president of Enterprise Operations, which brings together manufacturing, supply chain and customer operations, and is focused on optimizing the customer experience through end-to-end aligned and agile operations.
Prior to 3M, Peter served as chief executive officer of TireHub, a jo--t venture last mile distributor between Bridgestone and Goodyear. Possessing a wealth of experience in manufacturing and supply chain operations, Peter previously held senior-level executive positions at Mattel, Starbucks and ICI Paints North America. His growth mindset, inclusive leadership, and orientation toward developing talent and culture has helped him lead highly successful complex changes and significant transformation.
"I believe that building confidence and removing the fear of failure are key components of leadership," says Peter. "People achieve great things when they are embraced and valued; when they are connected, not isolated; and when their intelligence and imagination are unleashed"
Outside of work, Peter enjoys hiking, reading, and supporting the Glasgow Celtic soccer club and serves on the boards of CP Kelco and the Jesuit School of Theology of Santa Clara University. He holds a bachelor’s degree in Physics from University of Edinburgh and a master’s degree in Business Administration from Strathclyde Business School in Glasgow, Scotland.
“I believe that building confidence and removing the fear of failure are key components of leadership. People achieve great things when they are embraced and valued; when they are connected, not isolated; and when their intelligence and imagination are unleashed. ”
Peter Gibbons, the tire guy, turns everything he touches into a tire fire. Continuous improvement may as well be called continuous disembowelment. Another 3000 serfs to the corporate guillotine.