- Paperback: 272 pages
- Publisher: Portfolio Penguin (4 July 2013)
- Language: English
- ISBN-10: 0241963613
- ISBN-13: 978-0241963616
- Product Dimensions: 12.9 x 2 x 19.8 cm
- Average Customer Review: 4.6 out of 5 stars See all reviews (103 customer reviews)
- Amazon Bestsellers Rank: 35,947 in Books (See Top 100 in Books)
Exposure: From President to Whistleblower at Olympus Paperback – 4 Jul 2013
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More About the Author
Woodford is married with two children and lives in London. He now spends his life writing and talking on the issues of business culture, and the frailties of human nature. This includes two books, the Japanese language 'Terminated' and 'Exposure,' which both have at their heart the issues of loyalty and betrayal.
Drawn from his experience of being the first president in history to become a Whistleblower of his own corporation, Woodford talks around the world on subjects covering everything from improving corporate governance, to how we can achieve a more moral form of capitalism.
Aside from his desire to share the lessons of the Olympus scandal, Woodford dedicates much of his energies to his charities promoting road safety and human rights. Perhaps as result of his humble beginnings, Woodford does not believe in inherited wealth and expects his children to make their own way in the world. To this end, he and his wife Nuncy are bequeathing the majority of their estates to charity.
The Sunday Times, The Independent and The Sun all made Woodford their 2011/12 'Business Person of the Year', and he also received the prestigious Financial Times "Boldness in Business" Award. Last year, Woodford was the winner of the 'Association of Certified Fraud Examiners award' "For Choosing Truth Over Self", and in March 2013 was the winner of the inaugural Contrarian Prize.
The business book of the year has to be Michael Woodford's Exposure (Evening Standard)
The most celebrated international whistleblower of recent times... his story is filled with mystery, suspense, duplicity and betrayal (Management Today)
A sensational account of a man of great courage and principle who got to the top, and blew the whistle to glorious effect. In the corporate world Woodford is too rare and exceptional a breed. (Jon Snow Channel 4 News)
A must-read for businesspeople, politicians and would-be movers and shakers (Bloomberg)
The kind of integrity and courage that Woodford displayed is unusual. (The Economist)
Michael Woodford took a considerable risk in exposing wrongdoing. He was a study of boldness in action (Lionel Barber Financial Times)
Woodford tells his tale like a thriller. A fine book by a fine man who did the right thing. (The Times)
In a world increasingly dominated by global multinationals, he just felt someone had to speak out (Sunday Times)
Michael Woodford has proven himself a hero, though he never wanted the battle. He risked everything (Clive Stafford Smith, Founder and Director, Reprieve)
A gripping chronicle by a corporate whistle-blower who achieved a stunning victory (Kirkus)
He is one of the few foreign businessmen to have penetrated deep inside a Japanese corporation and to report back unflinchingly on what he saw. What he found was not pretty (Financial Times)
Woodford has emerged as a hero, named by at least one British newspaper as its 2011 executive of the year. And rightly so. His gift for candor, so evident as a whistle-blower, serves him well as a memoirist. (Bryan Burrough, author of Barbarians at the Gate The New York Times)
Michael Woodford could have spent years turning a blind eye to the shady dealings of executives at Olympus. Instead he dove headfirst into allegations of corporate misconduct (Time)
This memoir of one of Japan's biggest business scandals is for more than corporate governance experts, with its fascinating tale of good versus evil (Japan Times)
About the Author
Born in 1960, Michael Woodford grew up in Liverpool, and after moving to the south of England spent the next 30 years of his professional life working at Olympus. In April 2011 he was appointed President of the Olympus Corporation - the first Western 'salary-man' to rise through the ranks to the top of a Japanese giant. That October he was also made CEO, but only two weeks later was dismissed after querying inexplicable payments approaching $2 billion.
Woodford was named Business Person of the Year 2011 by the Sunday Times, the Independent and the Sun, and in 2012 he won the Financial Times ArcelorMittal Award for Boldness in Business. In 2013 he was the winner of the inaugural Contrarian Prize.
Woodford is married with two teenage children and lives in London. He now spends his life writing and lecturing on business culture, and the frailties of human nature in the workplace.
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Top Customer Reviews
A true story published immediately following the events, this is Woodford's first book and it is clearly written by someone used to using the written word to get his way...it's a cliché, but I couldn't put it down.
Kipling's poem starts with the line: "If you can keep your head when all about you are losing theirs and blaming it on you"...Woodford kept his head (and his integrity), he was blamed but ultimately the wrongdoers (or some of them) have lost their heads. This isn't just a book for those interested in corporate governance or business ethics, it's a book about human nature and how Japan still struggles to cope with openness and reality. It's a story of good versus evil, and the results are not what might be expected.
I am also used to supporting people at this level and believe me the CEO position can be one of extreme loneliness in situations such as these and it would be very hard to know who to trust. These men may be parachuted into these positions but you can very quickly lose your new power and wealth and most of the time for wrongdoing which cannot be said for Michael Woodford. Sacked for doing the right thing... beggars belief quite honestly.
Michael Woodford is the most sincere and honest CEO we have in Great Britain and what a wasted talent in all honesty. Just wish he would have been a CEO of a British company as we could certainly have done with people like him leading our companies back here in Britain especially through some very difficult years.
I wish Michael and his family every slice of happiness they get. They certainly deserve it after everything they have been to and the threat to their family life.
You would think that lessons would be learnt from this and the stories that came through during the recession but sadly I think we are due to see some more Olympus's of this world in the next decade and I think corporate greed and corruption will only increase but let's hope there are some brave soles like Michael to expose us to the truth!
"Exposure" relates Michael Woodford's horror at these discoveries and his dogged determination to reveal the full extent of the fraudulent activities that had been prevalent in the company for some years. He did so not to bring the company down but out of a sense of loyalty to a company he had worked hard for 30 years in the sincere hope that the wrongs could be put right, a new management put in place, and a return to proper trading thus ensuring the future of the many staff not caught up in the malfeasances. However, within days of his confronting the chairman of the board and previous CEO Tsuyoshi Kikukawa and demanding an explanation, he was summarily dismissed and fearing for his safety in view of possible underworld crime involvement in the swindle immediately left Japan and flew back to London where he orchestrated an effort to publicly out the truth and the executives and directors responsible sacked. This book gives a gripping account of his campaign for achieving this involving a frantic round of numerous visits to Japan, New York, and London consulting with lawyers, the media, law enforcement and regulatory agencies, all funded by Woodford personally.Read more ›
Most Recent Customer Reviews
Referring to a speech he made at a shareholder meeting, Woodford says 'My crescendo would have made Laurence Olivier proud'. Read morePublished 2 months ago by SB
Contrary to what the book's bold title would have you believe, there was no real exposure here. The real whistleblower was actually not Woodford but an anonymous employee who... Read morePublished 3 months ago by Steve J
Like the author says himself, this is a story that has all the hallmarks of a fictional thriller. This is a tightly written work that is informative yet economical at the same... Read morePublished 4 months ago by keen reader
I was not expecting to be so enthralled by this book, it's well worth a read, and would make a great filmPublished 5 months ago by Andy Rayner
Fantastic read, couldn't put it down. Modern corporate world meets and clashes with Japanese ingrained culture, at points reads like a thriller. Read morePublished 6 months ago by Mr M B Lanstone
Still yet to read this book. However i watched the documentary on bbc and it was very intresting.Published 8 months ago by Mr. Andy
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