Multinational corporations grow around the world by hiring the best local talent and transferring their best practices between different regions. But Ujjwal Kumar, who for the last 20 years has led global businesses and growth ventures at multiple multinationals, believes a more nuanced approach is needed to build profitable, sustainable and high-growth businesses in low- and middle-income countries (LMICs).
Kumar, who received his MBA from U-M's Ross School of Business in 2005, will discuss how achieving good, high-growth business models requires a clear understanding of local capabilities and the risks involved.