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Home Benzinga

Global Recognition for Rohit Raman: The Strategist Behind $18M in Corporate Savings

New York Tech Editorial Team by New York Tech Editorial Team
November 27, 2024
in Benzinga
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Global Recognition for Rohit Raman: The Strategist Behind $18M in Corporate Savings
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Written by Anne Schulze
Photo Courtesy of Rohit Raman

Rohit Raman, a senior consultant at PwC Advisory Services in New York City, is no stranger to late nights and complex challenges. Because of his hard work, he was recently honored with a 2024 Global Recognition Award for his outstanding achievements in consulting. He is currently leading a digital transformation project for a global pharmaceutical company, aiming to save them $11 million annually. This high-stakes consulting work is far from his previous career commanding naval ships. Yet, Raman has successfully navigated the transition from military service to guiding Fortune 500 companies through financial complexities.

“In the Navy, every decision could mean life or death,” Raman reflects. “The stakes are different in consulting, but the pressure is just as intense. You’re not just saving money; you’re saving livelihoods, preserving legacies.”

From Naval Officer to Corporate Navigator

Raman’s path to becoming a recognized name in management consulting is as unconventional as it is impressive. His career began not in the gleaming towers of Wall Street but on the decks of Indian naval ships. For ten years, he honed his leadership skills in one of the most demanding environments imaginable, managing complex operations and leading teams through high-pressure situations.

This unique background has become Raman’s secret weapon in the corporate world. “Military service teaches you to think on your feet, to make decisions with limited information, and to lead diverse teams towards a common goal,” he explains. “These are the skills needed in today’s fast-paced business environment.”

His transition to the corporate world had an immediate impact. At Brunswick Corporation, Raman developed market entry strategies, projecting $25 million in annual revenue by 2025. This ability to see the big picture while managing intricate details caught the attention of industry giants.

Mastering Mega-Scale Corporate Transitions

At PwC Advisory Services, Raman has indeed come into his own. His crowning achievement to date has been his role in an $18 billion divestiture for a global leader in financial technology. This complex operation required financial acumen and a deep understanding of information technology (IT) infrastructure and organizational dynamics.

“Divestitures of this scale are like performing open-heart surgery on a marathon runner mid-race,” Raman says. “You must keep the core business running smoothly while carefully separating intertwined systems and processes.”

Raman’s strategy for this Herculean task was characteristically methodical. He focused on transition services, application optimization, and network optimization, ensuring that both the divested unit and the parent company could operate efficiently post-separation. The result was a successful divestiture and a leaner, more agile organization poised for future growth.

Inventing for the Future

His forward-thinking strategy sets Raman apart in the crowded field of management consulting. He is not content with solving today’s problems; he constantly anticipates tomorrow’s challenges.

This foresight is evident in his work on developing future-state distribution networks. Raman has helped clients achieve annual operational cost savings of approximately $18 million through a system of omnichannel fulfillment hubs enhanced by process automation.

“The future of business is not solely focused on cutting costs, however,” Raman asserts. “It involves reimagining entire value chains. We’re not simply optimizing but transforming.” This philosophy extends to his approach to technology as he leads the integration of artificial intelligence and data analytics into consulting practices.

Raman believes technological tools, when properly applied, can unlock unprecedented insights and efficiencies. “AI isn’t replacing consultants,” he says with conviction. “It’s augmenting our capabilities, allowing us to tackle more complex problems and deliver more value to our clients.” With that, Raman heads out into the pre-dawn New York streets, ready to navigate the complex currents of global business. The adventure is just beginning for this former naval officer turned corporate strategist.

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