Ravi Ramamurti

Business Professor, Strategy & Innovation Expert

  • Languages Spoken

    English

  • Travels From

    Massachusetts, USA

Suggested Keynote Speaker Programs

Reverse Innovation: What Is It, and Why Will It Disrupt Every Industry in the US?

Poor countries like China and India no longer just borrow innovations from developed countries, they also contribute innovations to the rest of the world, including developed countries. We call this transfer of new ideas and innovations from poor regions to rich “reverse ...

Poor countries like China and India no longer just borrow innovations from developed countries, they also contribute innovations to the rest of the world, including developed countries. We call this transfer of new ideas and innovations from poor regions to rich “reverse innovation.” Based on our award-winning article in Global Strategy Journal, I will explain why reverse innovation is such an important opportunity (and threat) to US firms in all industries, and illustrate it with examples that have already panned out (e.g. in health care) and many more that may pan out in the future. This talk can be adapted to suit different industry audiences, including those in health care.

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What Can US Health Care Learn From India?

Value-based competition in health care is a reality in India, because of the country’s large and poor population, its very limited supply of doctors and medical facilities, and the fact that citizens bear 70% of the costs out of pocket. In that context, a handful of private ...

Value-based competition in health care is a reality in India, because of the country’s large and poor population, its very limited supply of doctors and medical facilities, and the fact that citizens bear 70% of the costs out of pocket. In that context, a handful of private Indian hospitals have used breakthrough innovations to offer world-class care for 1-5% of US prices to anyone knocking on their doors, regardless of ability to pay. Yet, the hospitals are profitable and have scaled up to become some of the largest in the world. How do they do it, and what can US health care organizations learn from them? I will address these questions, drawing on our HBR Press book and two related HBR articles (and several HBR online articles). While not all Indian innovations can or should be reversed, many others can be and would help to lower U.S. costs dramatically, improve quality, and expand access. I have given variations of this talk in the US and other countries and it always stimulates fresh thinking and debate.

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About Keynote Speaker Ravi Ramamurti

Ravi Ramamurti is one of the world’s leading experts on strategy and innovation in emerging markets. He is University Distinguished Professor of International Business & Strategy and Founding Director of the Center for Emerging Markets at Northeastern U. (University professorship is the highest honor bestowed on faculty at Northeastern U.)

Besides Northeastern U, Ravi has been a visiting professor of business administration at Harvard Business School, at the Wharton School of the U. of Pennsylvania, and at the MIT-Sloan School of Management. He has also taught at Tufts University’s Fletcher School, the China-Europe International Business School in Shanghai, and IMD-Switzerland. Prior to academia, Ravi worked as a Consultant to the Indian Planning Commission, as executive assistant to the CEO of India’s largest engineering company, and as a UN Adviser to Bangladesh and South Korea.

Ravi is recognized as a leading thinker in the field of global strategy and innovation in emerging markets. For his “outstanding contributions to the scholarly development of international business” Ravi was elected a Fellow of the Academy of International Business in 2008. A survey ranked him among the top 1% of all scholars in his field. He is the author of eight books, including three published by Cambridge University Press and one by Harvard Business Review Press. He was elected in 2007 as president of the Academy of Management’s International Management Division. In 2017, The Globals, based out of London, honored Ravi for being the “most innovative thinker on strategy and innovation in emerging markets in the world.” He is a six-time winner of the ADL Prize for Professor of the Year based on his excellence as a teacher.

Ravi has done research and consulting with firms and governments in more than 20 emerging economies. He has also been an adviser to the United Nations, USAID, Fulbright, the World Bank’s board, and to The Economist group on designing courses on emerging markets. He has given keynote speeches at health care conferences in Brazil, Canada, Colombia, Denmark, India, Singapore, South Africa, and the United States. He is also frequently an invited keynote speaker at international academic conferences.

Ravi’s consulting clients have included organizations such as the American College of Healthcare Executives, Arthur D. Little, Bosch, Asia Center (Denmark), Cambridge Consultants, Cognex, EG&G, EMC, General Electric, Innovative Care Asai Pacific (Singapore), KPMG International, Albert Einstein Hospital (Brazil), Institute for Healthcare Improvement, Ivey Center for Health Research (Canada), Lab Products Assn., Lloyd’s, Dubai Ministry of Economy, Nielsen, Petrobras, Praxair, Reutgers, SK Group, Steel Authority of India Ltd., Tata Group, Thermo Fisher Scientific, and Wipro.

Ravi is quoted regularly in the business press, has published op-eds in Forbes, MarketWatch, Times of India, the Hindu, the Washington Post, and other publications, and been interviewed by Bloomberg Radio, NPR, China Global TV Network, and other media outlets.

Ravi obtained his BSc (Physics) from Delhi University, his MBA from the Indian Institute of Management (Ahmedabad), where he received the Gold Medal for graduating at the top of his class, and his doctorate in business administration from Harvard Business School, where he was awarded the HBS Dissertation Fellowship.

 

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