RIP Nintendo CEO Satoru Iwata. Here are 5 ways he was a great leader

Nintendo said today that CEO and president Satoru Iwata, 55, died on Sunday after battling a bile duct tumor for over a year.
Iwata rose to become Nintendo’s president in May 2002 – the first outside of the Yamauchi family to lead the century-old game and toys company.
He was a programmer at heart; he majored in computer science. Despite Nintendo’s woes since the rise of smartphones and smartphone-based gaming from about 2008 onwards, Iwata steered the company with aplomb. Here are five lessons in leadership that entrepreneurs and coders can learn from Iwata.
1. He was hands-on
“On my business card, I am a corporate president. In my mind, I am a game developer. But in my heart, I am a gamer.” That was Iwata’s opening to a keynote in 2005.
Even at the helm of Nintendo, he continued to think like a coder in order to stay in tune with the gaming world and what consumers want. That’s exactly the kind of thinking that technical founders need to balance with their new-found business acumen.
When needed, Iwata rolled up his sleeves and got his hands dirty even though he was the captain of the ship:
Iwata was badass. The kind of CEO who was personally debugging Smash Bros Melee to help it ship in time. And wise in business strategy.
— Phill Ryu (@phillryu) July 12, 2015
"What kind of company president is this!?" pic.twitter.com/9PzLqkXqdQ
— Phill Ryu (@phillryu) July 13, 2015
2. He saw trends coming
3. He communicated clearly with customers
4. He took a pay cut to set an example
5. He admitted when he was wrong
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