An Examination of how the 'type' of Fujio Mitarai has influenced the performance of Canon in the past ten years.
1. Executive Summary
This essay examines the impact of management type on the performance of the firm. The case study of Fujio Mitarai, former president of Canon, is used by the authors to determine whether the type of management is influential in the success of a company.
Studies of modern firms indicate that companies are run in the interests of the managers and it is often management who are the stakeholders that govern the control of the firm.
With this precedent widely accepted in the economic environment, the 'type' of management becomes increasingly important to analysing the performance of the firm.
This essay will strive to analyse the paradigm of management 'type' on the success of the firm using the case study of Canon in the past 10 years during the tenure of Fujio Mitarai, former CEO and President of the technology company.
The authors of this essay will offer a framework of facts and assumptions before leading the reader into an analysis and conclusion followed by a brief prognosis of the continuing performance of Canon.
Initially, it is important to establish some basic facts about Fujio Mitarai, and Canon at the point when he became president, in order to provide a framework in which to view our analysis.
3.1 Fujio Mitarai
In 1966, Mitarai was sent to the United States to develop Canon's business, continuing the strong family management ties that had developed since Matarai's uncle, Takeshi Mitarai founded the business. It was during these formative years that Mitarai's 'type' began to develop. In an interview with Fortune, he relates his first experience with the IRSÃ¯Â¿Â½, who were...