Gibbons has been around only since Nov 2021 and now he's the genius telling 3M plant managers about how to run their operations.
The only relevant experience he had was with ICI and that ended 15 years ago. Mattel, Starbucks, tire hub. Not exactly the resume to impress 20 plus year production employees.
Any clue why he was hired when 3M must have some better in house?
At least he didn't work for GE!
Just when we thought nobody could be worse than Monish, Tireman walks in and says, "Hold my scotch."
Two types of people. 1) Those who can’t stand Peter 2) Those that don’t know him
Tireman himself was from Starbucks prior to his role in a tire company
Who came from starbucks?
Hammes got in and promoted through the nepotism theme. Your grandfather was a superstar at 3M so you must have the same superstar qualities - not!
I love on 3M web site bio for him shows him in a nebulous SVP job and his quote: focus on the HOW not the WHAT.
He must mean the HOW is kissing bu-t and making good PowerPoint slides. And by not focusing on the WHAT he gets absolutely nothing of value done.
Put his bu-t to work packaging pails or drums in cottage grove.
I believe Peter was sent to shake things up and get the “leaders” who have been around for decades to either get out of the way or retire. In fairness to Peter, I think Roman screwed him over when he pulled a 180 on A3M. Now Roman has a fall guy if it fails and I truly believe Peter wants to “win” but knows there are plenty of toxic leaders with 30+years still hanging around that know nothing about something. Think about it, Eric Hammes is still around and still an SVP. That guy was the d-mbest MFer in the history of EO leaders. Hammes is 3rd generation 3Mer I believe which goes to show how stupid the company is for letting that bloodline even through the door anymore. There are still too many id--ts with VP, SVP, and EVP titles hanging around keeping each other employed.
Kodak died a slow death because it was so worried about its cash cow (rolls of film) losing ground to the digital camera it patented in 1975. It fought a silly and very costly war with Polaroid that left it paying a billion in settlement for infringing on the instant photo technology. Both companies went through some form of bankruptcy because they lived for today and near future and not the 5+ years out.
Meanwhile, 3Ms demise is classic bean counter mismanagement with extreme obsession with meet wall streets earnings expectation for the upcoming quarter, ad nauseum. This always leads to mindless and unstrategic cost controls, budget cuts, skimping on research, cutting travel budget for customer service, and so on.
This "strategy" was brought here by Mr. GE McNerney in 2000. The company will never be the same. Buckley did slow down the sick sigma indoctrination but it was too late. He also couldn't convince McNerneys hand picked board to move away from the strategy, which Mikey now calls the "playbook" (or errors).
What ki---d 3M (relentlessly following the now discredited Gospel according to GE) is very different than what ki---d Kodak (fear of losing a cash cow). But both were the result of horrifically incompetent management.
One can only hope the HC spin gets a true visionary leader from an industry competitor (and not GE HC, as that is where Bich Le came from).
3M is going to follow the footsteps of Kodak company which was once an Innovation powerhouse......
Tireman is absolutely clueless to lead the supply chain org. Worse is that he is bringing in his friends from Starbucks to run 3M global operations. Scary isn't it.
One of the hallmarks of a company in rapid decline is more and more unqualified and incompetent people getting hired and promoted.
You will see that all over the place, starting from mid management to upper management. The rot is all over the place and the disease has spread to all over the body, metaphorically speaking.
At least he seems to understand the importance of plants.
Wee Pete at least is trying to look important and say things in the huddles and the podcast presentations with Mike, could be all bluff and fluff but at least he is not invisible, though give him time as if this world leading supply chain and logistics guff does not come off, then it is back to the hiring board to see if the Salvation Army C.E.O. is available. Good luck to them as i only need a few more years before i retire so keep it ticking over gentlemen
Is Brad Sauer still available?
He was McNerneys choice to be executive president of six sigma.
Really unimpressive background for the role. That position has been a turnstile the past 5 or so years. What gives?
Tire guy
Hammes
Leinenkugel
Keel
Anybody else in that role I’m forgetting?