Not usually keen to kick a Japanese company with an advertising budget even when they’re down, the Nikkei daily newspaper has got round to translating the article that originally appeared in Japanese (subscription only), criticising Sharp for a lack of leadership, and going through 5 management consultancies (McKinsey notable by absence) in its quest to restructure and recover. It would seem that someone inside the company has decided to start briefing against the President, Takashi Okuda, claiming “Apart from visiting plants and other sites, Okuda spends most of his time in his office on the second floor of the company’s headquarters” and saying that Chairman MIkio Katayama (who stepped down from the presidency when Okuda took over) was the key person in striking a deal with Qualcomm. I wonder if Okuda will survive the year end results.
For more content like this, subscribe to the free Rudlin Consulting Newsletter.