Japan has the second largest economy in the world. The major industries of Japan are insurance, banking, real state, retailing, telecommunication and transportation. Japan is the center for new product development and technological innovations. In the field of scientific research, Japan is a leading nation. As the economy is growing, the purchasing power of the consumers is also increasing, so the consumers are early adopters. There are high consumer expectations from the market so there is a need to develop advanced products that can satisfy the consumers. The government is also aware about the new product development and aid to new global business ventures. Japan is ruled by law, so the level of corruption is very low in Japan. Infrastructural facilities are also highly developed in Japan. Before creating a roadmap, it is necessary to understand the current state and desired state of the business.
Leadership, as defined by Robert J. Shiver, chairman and CEO of New York City – based Aewav Holdings, Inc., is “the ability to motivate and guide people toward a goal.” Leadership includes influencing and enabling others to contribute to the successes of the company or team to which one belongs. A key point of leadership has to do with competency. The competency trait includes knowledge, skills, abilities, and values. (McShane & Glinow 2005, p. 4)
