Global Reach: Rohit in Riyadh
Rohit Shukla, Larta Institute’s CEO, traveled to Riyadh last month to speak on a panel at the Global Competitiveness Forum 2015. The panel’s discussion topic was on small meaningful enterprises with a focus on how governments, business, universities can facilitate more start-ups with “legs.” Meaning, start-ups that have easier access to market, have a higher success rate, and contribute meaningfully to job creation and the economy.
Larta’s model for success, the Network Centric Model, is adopted and emulated internationally for its effectiveness and high success rates of bringing entrepreneurs and their innovations to the marketplace. Rohit, in turn, is a sought after speaker on the topic. He has two decades of success to share as an active supporter and thought leader of innovation-to-commercialization.
The panel was the last of the conference, and one of the best attended. During the discussion, Rohit urged those in the audience to connect the exciting growth of science facilities in Saudi Arabia with the infrastructure in the country, warning them that facilities alone rarely are able to develop and produce positive outcomes on their own. “Are these enterprises going to be sustainable? Do they return revenue? Are they going to be able to provide jobs? Are they going to make some difference or impact in their local communities?” These were the questions Rohit urged those in attendance to consider, in order to gain confidence to support innovation at the hospitals and institutions already in place in Saudi Arabia.
The Saudi Arabia conference, launched in 2006 by the Saudi Arabian General Investment Authority, meets annually. Global business and government leaders, economists, journalists and individuals gather to discuss the impact national competition can have on local, regional and global economic and social development. This year, Eric Schmidt, Executive Chairman of Google, spoke about the future of technology in his keynote address.
The Global Competitive Forum aims to “foster awareness and enthusiasm around the issue of competitiveness, and to evaluate the applicability of competitiveness theory and practice as a tool for generating real solutions to contemporary global challenges.”
The other speakers filling out the panel: Shahd Al Shehail, CEO JUST and Senior Consultant at Synergos Jonathan Ortmans, CEO of GEN, Senior Advisor to the Kauffman Foundation Dr. Christian Busch, Associate Director of Innovation of Co-Creation Lab, London School of Economics Cyba Audi, SABA Consultants (Moderator)