Japans disaster recovery management

As we talked about, Japans’s situation and how effectively they are handling it in our earlier post, Japan’s economic slowdown and the spirit of humanity.

This post talks about some revitalizing examples as how strong they are responding to this calamity. We all can learn from their enthusiasm, energy and high spirit. There are many things which we can learn from the people of Japan. Some of them:

Duty: We can’t forget the small battalion of 50 nuclear workers who refused to go off from their duty. They were staying at the heavily damaged Fukushima Daiichi Nuclear Power Complex, keeping alive a hope to prevent a nuclear catastrophe by cooling it down.

Calmness: Though many lives lost. Still we did not see any wild grief or sorrow. They are focusing on the life ahead.

Dignity: As we mentioned in our last post too, the dignity of Japan people. There are no security guards outside departmental stores. People are queing up for their daily goods, even picking up the fallen goods in the stores and assembling them neatly in their shelves.

Responsible Media: The reporting was revolving around the helping of people. Media was sensible and calm and not sensationalise.

Grace: People did not create any havoc. They did not create any rumours, they did not buy excessive commodities. So that everyone could get something.

Visionary architect : There were many building who remain unaffedcted in this high intensity of earthquake. It tells about the strong and visionary architect of Japan.

Assistance: People were practicing the basic concept of humanity. They were helping each other. They were sharing their food, resources with someone who need it most.

Government’s Commitment: The government’s approach was commendable. Roads were rebuilt in just 3 days. They were reaching to every remote area with aid.

Japan has shown that they are not only at the top of technology, but they are at the top of humanity also!

Japan’s economic slowdown and the spirit of humanity

A triple blow of earthquake, tsunami and danger of nuclear radiation may affect severely the world’s third largest economy. In 1995, after the Kobe earthquake also the economy slowdown was expected. However it did not trigger any systemic financial crisis. The earthquake cost about $100bn which was overshadowed by Japan’s $5,000bn annual GDP.

Yesterday Nikon has shut down the production of their flagship DSLR cameras like the D700, Nikkei share index was down 6 per cent. Japan’s Electric Power company was particularly badly hit, with shares losing 24% Nissan’s shares lost 9.5% while Toshiba, a developer of nuclear reactors, dropped 16 per cent and Hitachi, an industrial giant, also fell 16 per cent.

Experts believe that the quake-hit areas account nearly 8% of Japan’s GDP. The economic afteshocks will hit every part of the earth, directly or indirectly. Automakers Toyota, Nissan, Honda and Suzuki temporarily suspended production in Japan until at least Monday.

Prime Minister of Japan Naoto Kan said this was the worst crisis since World War II. But this country built the world’s second-strongest economy in 40 years, starting from ashes. I am sure this time also Japan will boune back soon. It will bounce back because the people of japan are united and the goverment is dedicated to go through this tough phase.

What is commendable is this in this dark hour of grief, the citizens of Japan have shown restraint and are carrying about their daily chores with dignity. There are no security guards outside departmental stores. People are queing up for their daily goods, even picking up the fallen goods in the stores and assembling them neatly in their shelves. Everybody has a story to share about the goodness and kindness that the people of Japan are showing, which is seldom seen anywhere.

Markets will be good again, companies will reopen, people will perhaps get over their personal loss, but the spirit of humanity will continue and will be spoken about for years to come.