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OLYMPUS in Japan
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CONTENTS
1. Introduction to Olympus
2. Major problems in Olympus
3. Solutions
1) Super-structure
2) Substructure
4. Conclusion
5. Q&A
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CONTENTS
1. Introduction to Olympus
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Introduction to Olympus
Established on October 12,
1919 by Takeshi Yamashita
Japan`s first microscope
manufactured by Olympus
Established optical research center
for lens
Develop the world`s first endoscopy cameras
and compact SLR cameras
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Endoscopy Market Share
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CONTENTS
2. Major problems in Olympus
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Major Problems in Olympus : Accounting Fraud
Woodford report to the President of
Olympus immediately, and requested
clarification
⇒ The board of Olympus fired Woodford
⇒…(생략)
1) Super-structure
2) Substructure
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Innovation of Olympus`s organizational structure Super-structure
What are the major changed features by
adopting Horizontal Structure of the
organization
1. Empowerment to Labor Union
2. Introduction of
Outside Director’s System
3. Management Assessment
by the Balance Scorecard
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Olympus`s new organizational chart Super-structure
Top Management
Board of Directors
Corporate Auditor
The Group of Shareholders
Representatives of Labor Union
Integrated Division
for Product Development
Integrated Division
for Corporate Planning and Administration
Process Managers
Process Managers
1. Empowerment to Labor Union
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Olympus`s new organizational chart Super-structure
2. Introduction of Outside Director’s System
Top Management
Board of Directors
(Insider)
Corporate Auditor
The Group of Shareholders
Board of Directors
(Outsider)
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