Don't Dis 3 M's Plan To Rev Up Growth
"3M: The heat is on the boss" (Management, Mar. 15) represents a triumph of anonymous gossip and fabrication over the factual, balanced, and well-researched reporting we expect of BUSINESS WEEK. The leadership of 3M is fully aware that our performance has not met our expectations, and it has taken action to regain growth momentum. A good example is the action plan announced last July. I personally participated in the decision-making process which led to that announcement. I can report--on the record--that the plan had the unanimous consent of the senior-management team.
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