Securing leaders with the experience to better manage local employees and their needs is becoming more urgent for Japanese companies that conduct business globally, said Paul Reilly, chairman of leading global executive search firm Korn/Ferry International.
"(The) No. 1 issue that I hear everywhere in the world — and Japan is no exception — is finding enough people to take their business to the next level," Reilly said in a recent interview in Tokyo, where he was visiting to meet his firm's clients and exchange views on the global economy.
He noted that multinational companies are facing a shortage of leadership talent that is sensitive to local cultures.