Olympus Exposed

Exposure

Why is it so hard to run a corporation ethically? I am not sure I know the answer, but Michael Woodford’s experience at camera manufacturer Olympus is enlightening. When he became President of Olympus, Woodford encountered a complex web of fraudulent companies that existed solely to hide earlier losses, which had resulted from a currency devaluation. When he attempted to “do the right thing,” Woodford was unceremoniously forced from office, while many of the people responsible for the scandal remained. Exposure highlights many problems with corporate policies in Japan, but given the scandals that have happened elsewhere it is clear that this book provides insight into corporate actions throughout the world.

I hope that if I am ever in the situation Michael Woodford was, I have the courage to act as he did. I recommend this book as a guide for how to act when confronted with a difficult situation.

About Mark Mizen

I have over twenty years professional experience in all aspects of photography and digital imaging. I am Chair of the ISO WG5 TG2 committee responsible for physical properties and durability of imaging material and am currently with HID Global working on systems for security printing for IDs, licenses, and credit cards. Previously, I was Director of Digital Development at Creative Memories from 2009 to 2012 and was responsible for the Creative Memories digital products and services. I also established and directed the Creative Memories Technology Center, which evaluated new products prior to product introduction, assisted with production difficulties, and provided technical information to support product sales.
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1 Response to Olympus Exposed

  1. This should be an interesting read. Thanks for sharing!

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