March 28, 2011
The Yomiuri Shimbun
The following is a translation of the Henshu Techo column from The Yomiuri Shimbun's March 28 issue.
* * *
Peter Drucker, an authority on business administration and knowledgeable about Japan, once said in a lecture in Washington that no policies taken by developed nations had worked well since 1950, with the sole exception of Japan's.
This comment, quoted in the late author's book "The Drucker Lectures: Essential Lessons on Management, Society and Economy," the Japanese translation of which was published by Achievement Co. last year, was made in 1991.
While praising the Japanese government's economic policies in the postwar years, he added in the book that its policies started to become dysfunctional.
Shortly after his lecture in Washington, Japan's bubble economy burst. Later the government failed to implement policies designed to deal properly with the financial recession and deflation. Unfortunately, Drucker's diagnosis seems to be spot on.
After the country was hit by the massive earthquake, tsunami and the nuclear plant crisis, some people probably felt the government's policies had become even more ineffective.
But let us refrain from describing the government as hopeless. Drucker warned it would be dangerous if we all became such cynics as to lose all confidence in government policies.
Can we quickly provide quake victims who are in evacuation centers and suffering many inconveniences with housing soon? Can we supply safe water to infants, whose parents are worried about radioactive contamination of tap water?
Rather than give up on the government, we should continually encourage it to take effective measures.
(Mar. 31, 2011)
The Yomiuri Shimbun
The following is a translation of the Henshu Techo column from The Yomiuri Shimbun's March 28 issue.
* * *
Peter Drucker, an authority on business administration and knowledgeable about Japan, once said in a lecture in Washington that no policies taken by developed nations had worked well since 1950, with the sole exception of Japan's.
This comment, quoted in the late author's book "The Drucker Lectures: Essential Lessons on Management, Society and Economy," the Japanese translation of which was published by Achievement Co. last year, was made in 1991.
While praising the Japanese government's economic policies in the postwar years, he added in the book that its policies started to become dysfunctional.
Shortly after his lecture in Washington, Japan's bubble economy burst. Later the government failed to implement policies designed to deal properly with the financial recession and deflation. Unfortunately, Drucker's diagnosis seems to be spot on.
After the country was hit by the massive earthquake, tsunami and the nuclear plant crisis, some people probably felt the government's policies had become even more ineffective.
But let us refrain from describing the government as hopeless. Drucker warned it would be dangerous if we all became such cynics as to lose all confidence in government policies.
Can we quickly provide quake victims who are in evacuation centers and suffering many inconveniences with housing soon? Can we supply safe water to infants, whose parents are worried about radioactive contamination of tap water?
Rather than give up on the government, we should continually encourage it to take effective measures.
(Mar. 31, 2011)
Qua bài học của Drucker, chúng ta biết chỉ phải tiến lên chứ không thể nản chí ... không còn con đường nào khác ... trong bất cứ hoàn cảnh nào
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