As the domestic workforce continues to shrink, competition for skilled talent will intensify. Japan must not neglect its greatest strength: the ingenuity and intelligence of its entire population.
Japanese corporations need the talents of a wider group of people, throughout the organisation and in the governance structures. Japanese women, foreigners, midcareer hires and the young generation are all groups that bring a huge amount of energy and multitude of ideas. Japanese corporations that embrace these groups will find they are better able to win against both domestic and foreign competitors.