Corporate Structure Of Nikon Corporation - 1944 Words

Nikon Corporation Nikon are well known for their digital cameras and creating advanced equipment such as; lithography systems and microscope solutions. On the 27th June 2014 they announced they were going to reorganise their corporate structure. Their main reason for the change being that it was needed to build a foundation designed to support sustainable growth and establish a robust corporate culture. Nikon announces reorganization of corporate structure. (2014, June 27). It is important that throughout the change process, the culture of the company is embraced and developed as, more stakeholders will embrace the changes if they relate to the company culture. Clampitt, P. G., Berk, L. R. (1996). There were a few key changes proposed, these were; to conduct fundamental structural reform, revitalise corporate strategy functions by creating a new corporate strategy division whose focus will be to plan and promote direction and strategy, strengthen the companies human resource management by utilizing human resources and providing more training, and to reinforce its business portfolio by generating and nurturing new businesses. Nikon announces reorganization of corporate structure. (2014, June 27). These changes were all purposed by the Nikon Corporation due to a change in environmental factors. The main factor that led to these purposed changes was that; the Nikon Corporations financial results were at a 3 year low. 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