Nintendo’s Resurgence
In college, I got to hear a guest lecture from the CFO of Nintendo of America. Some interesting take-aways:<p>- Unlike their competitors, Nintendo is not diversified in the least. Microsoft could lose a billion dollars a year on the Xbox and wait for a profit. Nintendo can&#x27;t. So they try to position their products as complimentary to the other consoles.<p>- Internal culture has zero tolerance for self-congratulation. Apparently there was a memo once about the success of the Wii, and the person was disciplined.<p>- Very HQ centric. Nintendo of America is only considered a marketing&#x2F;translation arm. They get virtually no decision making ability.