Learning From Japan’s Disaster Recovery Strategies

"Post-disaster settings provide opportunities to examine the effectiveness of leadership in mobilizing people and resources in highly dynamic situations." 
— Hirotaka Takeuchi, Harvard Professor of Management Practice

Building surrounded by rubble after the Tohoku earthquakeForbes recently published a story about a Harvard MBA program that allows students to travel around the world exchanging knowledge with leaders at businesses of all sizes, from mom-and-pop shops to mega-corporations.

A subset of this program, called the Immersion Experience Program (IXP), sends about 30 students to Japan annually. There, the students learn how local businesses exercised disaster preparedness and recovery after the 2011 Tohoku earthquake and tsunami.

Here are some key takeaways we gleaned from the write-up about the students’ trip to Japan this year:
  • True resiliency revolves around a comprehensive recovery strategy as well as entrepreneurial innovation.
  • Disaster recovery involves adapting to the needs of the community, not just increasing profitability.
  • Successful CEOs pursue the business’s goals even when faced with adversity.

Read the full article here.