The March 11, 2011 earthquake, tsunami and Fukushima nuclear disaster has most probably changed the business landscape in Japan for foreign corporations forever. Did they handle the situation well? Or did they blow it miserably? Regular readers of this blog know that I took many foreigners and foreign corporations to task for their poor handling of the situation soon after the crisis began.
Many foreigners and foreign corporations have done irreparable damage to their reputations amongst their staff and the Japanese public at large. How can they ever repair this situation? What can they do to prevent a repeat? The Toyo Keizai Newspaper has a brilliant analysis of the current and future situation in Japan concerning foreign corporations and their status in Japan.
Here's a translation of an excellent piece entitled, "Problem Solvers in Foreign Companies"that appeared in that newspaper on May 11 in Japanese (this is the English translation):
Confused? It is what it is.