Thursday, February 12, 2009

Recession Medicine

With a recession hitting the common man below the belt, do you think people change to mend their ways of living? Consider the case of people who are still in an okay kind of situation, and who can still spend - do they change as well to reduce the costs of operation due to the economy? A recession has many uses for various people. While the traditional methods is to go back to school and improve your skillsets, there are people who start something on their own. You will find managers extracting the most out of their workers while no one complains much. The government is a pseudo-saviour in such cases, though it also takes most of the blames for things not okay.
 
Do you think people start using healthier measures like running the treadmill more often, assuming that the medical insurance companies can crash any day!? Is their something that is of a transforming nature in this environment? And what about people who cannot change - say for example older folks and kids. You cannot compromise on a kid's nutrition citing recession as the reason!
 
The Economic Times predicts a darker future to come (and this might in fact urge some folks, particularly the younger folks to enjoy as much as they can when they can). How come companies have started using 70% of their electricity usage when things are bad? Was it that they could run at the corrected levels in the first place but people somehow forgot to bother? Is the concept of Lean Six Sigma more valid in such turbulent times as this one?
 
Situations in life teach us to learn a lot of things. I feel a levelling effect is going to take place with recession taking place in almost all nations on the globe. There is a correction in the real estate prices, not just in New York, but in Bangalore as well and this cascading effect is going to hopefully bring a new world order. Its going to cure unnecessary dumping of waste into our lakes and seas - now people are thinking of not creating that waste in the first place. Now is the time that many automotive companies are getting more and more concerned about cleaner technologies. There is an world consciousness that is improving things - provided we respond well - and see to it that such a bitter medicine has it effect in making a better world.
 
Let's have the leadership turn tables in favor of the developing world. Let there be a gradual disappearance of the differentiation based on the country's development (or amount of carbon emmitted to the ecosystem, as a matter of fact!)
 
 

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