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...d thinker and speaker, Richter has an unrivalled reputation for his ability to use distinctive scenarios on how to map the future to illustrate his proposals.
Richter is the Chairman of Horasis: The Global Visions Community. Horasis is an independent international organization committed to enacting visions for a sustainable future. Horasis is using its unrivalled history of partnership with corporations from emerging markets to create a powerful platform for cooperation between emerging and developed markets. The flagship events are the Horasis Annual Meeting as well as regional summits focusing on China, India, Russia and the Arab world.
Prior to founding Horasis, Richter was a Director of the World Economic Forum. During this time he has developed an extensive experience and knowledge on the world's economic, business and political scene and of its key players. Under his leadership, the Forum's Summits in Asia and the Asia part of 'Davos' have evolved to facilitate the exchange of expertise between leaders in business, government, and civil society.
He has lived, studied and worked in Asia for almost a decade, principally in Tokyo and in Beijing where he developed and managed European Multinationals' China operations. As one of the leading analysts of international business and emerging economies, he influences major business and governmental decisions with his public commentary. He has a thorough understanding of how the world functions today - an understanding created through an on-going interaction with top business, political and intellectual leaders around the world. Richter is also an active scholar and has authored and edited a series of best-selling books on global strategy and Asian business. His most recent books include: Global Future, Six Billion Minds and Recreating Asia.
He has addressed audiences at the World Economic Forum, Brookings Institute, Harvard University, Beijing University, Royal Institute of International Affairs, and several high-level corporate events. His writings appeared in the financial and regional press, such as The International Herald Tribune, The Wall Street Journal, The Far Eastern Economic Review, The Straits Times and the South China Morning Post. He has been interviewed by several publications and appeared on CNN, BBC, CNBC, CCTV (China Central Television) as well as the Voice of America.
Richter was educated in Germany (his home country), France, Mexico and Japan. He is a fluent Mandarin and Japanese speaker as well as English, French and German.
Some Publications
• Global Future
• Six Billion Minds
• Recreating Asia
• Strategic Networks: The Art of Japanese Interfirm Cooperation,
• Business Networks in Asia: Promises, Doubts, and Perspectives,
• The Dynamics of Japanese Organizations,
• The Dragon Millennium: Chinese Business in the Coming World Economy,
• The Asian Economic Catharsis: How Asian Firms Bounce Back from Crisis and The East
• Asian Development Model: Economic Growth, Institutional Failure and the Aftermath of the Crisis.
• Together with Usha C. V. Haley, he has written and edited Asian Post-Crisis Management: Corporate and Governmental Strategies for Sustainable Competitive Advantage.
Topics
China
China's growth and the globalization of its economy offer enormous opportunities for both Chinese enterprises and foreign firms. In the long-term, China aims to quadruple its economic output in the next 20 years. Still, China could face bumps along the road ahead. Challenges include mounting unemployment, the lack of viable social safety nets, a shaky financial system, and rampant corruption. Is China’s growth sustainable? What does China has to do to improve its macroeconomic competitiveness? What are the priorities of the new government lead by President Hu Jintao? Is China a threat for the US?
India
India is beginning to reap the benefits of more than a decade of economic reforms. Headline economic figures are highlighting an impressive economic performance conducive to the business environment. A closer look, however, at the lives of the hundreds of millions of Indian poor clustered in city slums and rural expanses shows little if no real change: for instance – literacy remains poor at only about 60% overall, with the illiterate clustered in rural areas. What is needed to ensure that India becomes a leading country based on sustainable and equal growth in 20 years? What sectors should be considered as drivers of the Indian economy? Will India be the next economic superpower?
Asia overall
See above, combined with Japan, Korea, Southeast Asia, South Asia
Europe
The European Union aims to become the most competitive, knowledge-based economy in the world by 2010 and to catch up with current lead of the US. The realities look different, as the two largest countries, France and Germany, are big drains on the European economy. Economic stagnation is alienating citizens, driving business away, and eroding the public finances and capacity to act. What can Europe do to restore confidence throughout the Union? What is the role of the new member states from Eastern Europe? It has to be asked - will an eventual European recovery threaten the economic hegemony of the US?
Outsourcing / Offshoring
China’s and India’s rise to global eminence will have long-term repercussions on Europe and North America. First, the two countries will replace the US as the world’s growth engine. Second, manufacturing will move from Europe and North America to Asia. In a third stage, knowledge industries will leave the established economic powers as well - as India and China will position themselves as hubs for innovation and growth technologies. How will this new world-order look like? How can the ‘West’ deal with those developments? Are win-win constellations imaginable?
(societal) Globalization
Globalization has been one of the most contentious subjects in international economic debate over the past decade. Liberal economic thought promises that globalization will lead to a widespread improvement in average incomes. Reality shows that average incomes have indeed been growing, but so has the income gap between rich and poor countries. What are the critical challenges for the next round of global trade talks? What roles should non-state actors play at the national and global levels? How can public-private partnerships deliver on their promises?
(corporate) Globalization
Companies from around the world are increasingly embarking on a transformation that shall propel them from national champions into global players. Corporate globalization is the prerequisite for further growth and continued success. What are the main steps involved as companies ‘climb the globalisation staircase’; and what can companies do to improve the chances that they will succeed in building sustainable global organizations – possibly ‘leap-frogging’ older multinationals to create a need breed of global corporation?
The current state of the world
The current state of the world is rather gloomy. A prolonged civil-war in Iraq, possible confrontations in Iran, the Israeli-Palestinian issue and the threat of new terror attacks are putting the world under fire – there are continual slow-downs of tourism, for instance with its economic consequences.. The world is dominated by unilateralism, Darwinism, and a Machiavellian mindset. What are the current challenges and issues in light of the entrenched conflicts in the world? What is the role of business in peacemaking? How can we prevent a third world war?
Economic Forecast (short-term scenarios)
Never before has it been more vital for corporate leaders to manage expectations and retain the confidence of investors, and other stakeholders, while still maximising future gains. Leaders need to proactively engage with future economic scenarios. What are the trends, opportunities and challenges that will shape the next year and beyond? Which regions show the most promise? What problems should we anticipate?
Visions for the future (long-term scenarios)
Anticipating and interpreting trends in the outside world are necessary to develop sustainable corporate strategies. Leaders have to get an accurate portrait of the future to enact changes within their organizations. What are the long-term drivers which determine our future? How does the world in 2020 (… 2050) look like? How do we have to adjust today to be able to grasp the opportunities of the future?
He can also do tailor-made presentations related to specific industries (eg automotive, finance, ICT etc).
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- Emerging Markets
- Visions for the future
- Economic Forecast (short-term scenarios)
- Outsourcing/Offshoring
- The current state of the world
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