Dr. Fujioka’s article, Management Crisis, published in Japanese business magazines

22 Feb 2022
On January 10, 2022, a new-year special article, “Management in Crisis”, written by Professor Takamasa Fujioka, Director of Sasin Japan Center (SJC), was featured in ArayZ, a Bangkok-based Japanese magazine with a monthly distribution of over 20,000. The article has been an annual feature in ArayZ since 2012. Dr. Fujioka’s article starts with a brief look at the five impacts of the crisis: 1) historically, the only infectious disease humans have eradicated is smallpox, 2) the paradigm shift in our societies brought by the pandemic, such as bureaucratic systems and the media, 3) how the pandemic has created an “info-demic”, which accelerates social anxiety and fear, 4) speculation that took advantage of people’s anxieties promoted more confusion in our economies, and 5) an academic survey revealed that Japanese people think Covid-19 infection is ‘suffering from the consequences’ of human action more than people in other countries such as US and UK. The influence of the Covid-19 pandemic has forced major changes in our socio-economic activities, and corporate management needs to respond to these changes. It is an immutable problem for management to build an appropriate conforming relationship with this new environment while securing and creating a survival zone. The role of management is to allocate current resources to achieve maximum results and minimize risks. In the face of any kind of crisis, it is important to continue to question the role that a company should play and its social function and value. Therefore, we must continue to learn to change. Dr. Fujioka suggests that after dealing with Covid-19, we must now think about what we’ve learned, what we’ve lost, and what we should keep and what we should eliminate. This will require interdisciplinary thinking and dialectic development, rather than conflicting with Descartes’s view of science and non-modern views of science. Viruses cannot survive without human beings, and humans cannot survive without the earth. In looking at the post-Covid-19 world, we need to re-examine our existence of human beings and our dependence on our fragile earth.  
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