2018: The Year of the Shake-Up. As we ring in the new year, it seems a good time to reflect on the big industry changes we saw in 2018:
Major OEMs Shaking Up Executive Management
April opened with several executive shuffles at Canon, Ricoh and Toshiba:
Canon USA’s President and COO, Yuichi Ishizuka, was appointed President and CEO of Canon Europe, Middle East and Africa.
An independent investigation of Fuji Xerox in New Zealand and Australia revealed an estimated $343 million USD in overstated revenue over the past five years. During that time, sales managers had been reporting inflated earnings from leased photocopiers in order to meet revenue targets. This widespread practice in New Zealand was brought to Fujifilm’s attention by an unnamed Fuji Xerox insider in 2015. While further investigation of accounting practices in other markets found similar issues in Australia, it found “nothing inappropriate” in Japan.
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The Feed – Performance Management: How to Best Conduct Employee Reviews
The Top 5 – Ways to Ace Your Performance Review
News In Brief – Announcements from Sharp, Toshiba, Xerox, and HP, Inc
Sound Off – Our readers respond to last month’s poll
Poll-of-the-Month – How did you do on your last performance review?