Perfect for MBA case study
7 replies (most recent on top)
Many retirees fund has been decimated by the stock plunge. What an incompetent CEO
Let’s stop blaming McNerney - he didn’t do the Aaero deal
The demise of Kodak has been digested for many years now. HBS needs a new story of a demise of a 20th century icon. GE could also get the nomination since it has followed a similar path to 3M and was infected by the same jack Welch plague of quarterly earnings only focus, forced ranking that demoralized most of the workers, and a cutthroat passive aggressive culture.
My vote is for 3M to be the posterchild. This was completely avoidable. 3M in the 1990s post imation had everything laid out for a great second century. And then mcnerney....
Same thing
BCG was behind A3M, not McKinsey
Funny, A3M was created by the genius MBAs at McKinsey. Will this be taught at Harvard business school?
Let’s hope it’s not “3M - a lost cause” because at the minute that’s what it feels like.
We have a lot of talented people. They’re just too paralysed by A3M to make the changes needed. Leadership needed to be changed 2+ years ago.