I know this may sound strange that I'm suggesting Nintendo copy Sony but I think what they really need to do is pump up 1st party production capabilities. They just don't have enough studios to handle a handheld and home console and see both without droughts or rushed software.
I really think they should have some of the guys from Retro Studios fly out and help modernize the development of their Japanese based teams to help improve output in much the same way Sony does with members of ND and SSM studios by having them advise the other studios and share technology and workflow.
2. Once that has been achieved they should be able to splinter off more of their larger dev teams into smaller dev teams while still being more efficient overall and possibly having enough coverage to fully support 2 consoles simultaneously.
3. This in combination with a similar amount of outsourcing and 3rd party moneyhats should have Nintendo systems rolling in software.
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