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Soundwave said:

I wouldn't fire Iwata, but I would decrease his power and hire someone at NOA who knows what they're doing and has real power to actually do things like greenlight software titles and shape marketing. That person would then be able to work with Iwata to make up for areas in which the Japanese side is deficient. I would also bring on board a high level Western marketing person(s). 

The board of directors at Nintendo should be overhauled with younger execs and even Western voices. Too many old Japanese suits who are stuck in 1992 trying to make decisions in a industry geared to 14-32 year old males is a recipe for disaster.

You took the words out of my mouth.  I would like to see Nintendo diversify themselves again.