How Olympus nearly collapsed | Inside The Storm | Full episode 

Tom Burchill The world now treats honest people as the evil ones.

HOW IS THAT NOT A MEME?!?! THE SUSPENSE BEFORE HE KICKS IN WITH IT! Haha!

holy shit, just saw it at 13 min. and change, haha

Vance Kay me toooooooooo

Damn i wasn't ready for that lol

god hand I wonder why the new board didn't REHIRE Michael Woodford? It would have been a very overt signal that Olympus was going to rebuild the organization from the ground up financially.

Yes great documentary and case study. There are so many companies that have gone under for many reasons. Once infused with a positive income cash flow, many CEOs make unchecked brash impulsive decisions to expand and buy out other companies; some decisions are successful and others not. It would have been interesting if the Board of Directors could have found solutions together as a team.

If you compare Woodford to Ghosn you haven't understood a single thing.

I like your bright comment..

@@idlanir9304 didnt they make that movie with Gerard Butler?

Same here, though I guess this could lead to some copyright-sues, making CNA fall.

Ghost himself is thief whereas yakuza is thief in olympus, so there is difference.

So he should have let those who committed fraud go without punishment? Kikukawa wasn’t just running the company poorly he and his cohort were corrupt and committing serious crimes. Everything bad that has happened since to Olympus is not Woodford’s fault to exposing it but Kikukawa’s fault for committing the crime.

Olympus have their medical device business to carry them through any camera slowdown.

@@stephenarling1667 And 'laser scanning lithography'...Photography is a Vanity

Olympus' camera division just started turning a profit. Read their latest report. Also, if Panasonic becomes less active in mft, they will have a whole market segment to themselves

Turns out you were right. There will be no more Olympus cameras after the designs that already exist at the end of 2020. There might be "Zuiko" or "OM" cameras but they will probably be crap like Yashica have become crap. The medical side has sailed away with the Olympus brand.

​@@1fareast14 Don't know where you got that from, they have been losing money for years. They have now been dumped by the parent Olympus comapny, going to asset strippers at the end of this month.

Ghosn is rotten all on his own. He royally screwed Nissan customers.

@@shunal24 Aditya Kothari eats grass

Me too. My OM-2 broke down fourteen times in three years, by which time the warranty was over. It spent more time being repaired than I spent using it. I was stuck with a bunch of Olympus lenses (nice lenses except for the 200mm f/4 which was a bit soft) so I ended up buying an OM-1. I had no problems with that one.

My OM4 worked like a charm.

Well played sir... well played

Apparently you skipped the part of his upbringing... Some people aren't that shallow as to assume money controls all their decisions.... except maybe for you... That tells a lot about your character I suppose. Michael Woodford could have easily fallen into line as a yes man... He was given several opportunities... Your charge of him being "overpaid" can you site documentation to support that evidence?

sirluke7 I still have doubts about Woodford. You don't get to such a high level even in a division (European Olympus) unless you make many ethical compromises. The fact is it is VERY difficult to be a completely ethical and moral person in any top level executive position.

You get lost a lot, as that statement is true.

Try doing some research... it might help you with the cognitive dissonance....

Four Toes it sounds like an advert for olympus

How did the assignment go?

😂

Are you familiar with cameras like the Sony a9 and a7 III? Mirrorless cameras have overtaken DSLRs IQ. All the major camera companies are switching to mirrorless. This year has seen the release of many new mirrorless cameras and not a single new DSLR as far as I am aware.

@@Kelkschiz I am aware of them but haven't used them. I don't have anything against the concept. My primary dislikes to date have been (1) focus *speeds* not as good, and (2) most of the cameras with the tech seem to follow the worthless trend of making every thing smaller and lighter. If I can't comfortably grip the camera, reach a lot of buttons quickly and put a big, honkin battery in it, then the form factor gets in the way. So if Nikon can make a D500 or D800 series camera that the only difference is mirrorless and it has better overall (speed and precision) focus, I'd buy it. I also don't know if I'd like an electronic viewfinder. With enough processing power and thoughtful implementation, I might.

@@Kelkschiz Ther is no difference in image quality for a given lens and given sensor. Mirrorless is just a different way of previewing the picture before you take it.

@@dukenukem5768 True, but given that all new releases of lenses and bodies are for mirrorless systems, that is where all the development is. Development which includes advances in IQ. Don't get me wrong, there are still some awesome DSLRs out there. But unfortunately, I fear it's a dead-end development-wise.

@@Kelkschiz Not yet true that all new releases are for mirrorless, but some truth in what you say about lenses. If some superlative lens is developed for m-less it would not be possible to make a DSLR version if its optics would infringe a mirror box. However, nothing to stop a superlative sensor or things like stabilisation to be applied to a DSLR. Nikon and Pentax for example buy sensors from Sony anyway, and I fully expect Olympus's image stabilisation tech to go on the market after JIP get hold of the patents. But it's rather academic, as there is a feeling that IQ of the hardware is now as good as it ever needs to be except for specialised purposes, even though megapixel count makes good sales hype. Olympus M4/3 fans themselves tell us 20 MPx are enough for anybody and they may be right. Future improvements are more likely in software, again not limited to m-less. The real tech improvements are now focussed on video, but I hope and expect video oriented cameras will evolve away from stills - it has started to happen. I'm not interested in video and if I was I'd get a proper camcorder. Video only got into stills cameras as a half-serious extra for salesmen to brag about, but it has got out of hand, the tail is wagging the dog.

Olympus over paid for companies during acquisitions so that they would hide losses from the main company in their accounts from auditors.

tvbox 69 not really...it’s about learning. Not everything has to be a Hollywood movie.

Yeah, needs more explosions.