Vivek Ranadivé, Owner And Chairman of the Sacramento Kings
"Five Forces Shaping Western Civilization"
“Welcome to Civilization 3.0: A Conversation with Sacramento Kings Owner and Chairman Vivek Ranadivé” – Q&A moderated by Dean Ann Huff Stevens
Vivek Ranadivé is an entrepreneur, technology visionary, author and philanthropist recognized for his outside-the-box thinking. He has led the advancement and use of real-time technology in business operations and decision-making, earning him the nickname “Mr. Real Time” in technology circles. Having bought the NBA Kings in 2013 and securing the team’s future in Sacramento with a new downtown arena under construction, he has brought on a fresh and hungry basketball operations staff that whole-heartedly believes in his core principles of how to build a championship-level team.
Video: Wednesday April 22, 2015
About Mr. Ranadivé
Vivek Ranadivé often recalls the time he “foolishly” agreed to coach his daughter’s middle-school basketball team. Having never even touched a basketball, his first impulse was to say no. But he didn’t want to let his daughter down, so he said yes, quickly learned the intricacies of the game and how to use them to his advantage, and coached her team to the finals of the state championship. His team might have been smaller and less athletic than the other teams, but he taught them to play harder than anyone else on the court and to never, ever give up. That analogy sums up Vivek Ranadivé.
Ranadivé is the owner and chairman of the Sacramento Kings, which he bought in 2013, securing the team’s future in Sacramento. In his second season with the Kings, he has brought on a fresh and hungry basketball operations staff that whole-heartedly believes in his core principles of how to build a championship-level team. Ranadivé has described himself as an “irritant” in the same way that a grain of sand irritates the inside of an oyster to make a unique and beautiful pearl. Ranadivé has promised Kings Fans that he will “irritate” his way to a winning team, challenging them every step of the way to become even more valuable. He was previously the co-owner and vice chairman of the Golden State Warriors. Ranadivé’s dream of taking basketball to his home country of India is well under way.
Ranadivé is an entrepreneur, technology visionary, author, and philanthropist recognized for his outside-the-box thinking. He has led the advancement and use of real-time technology in business operations and decision-making, earning him the nickname “Mr. Real Time” in technology circles. Ranadivé is dedicated to the vision that if you get the right information to the right place at the right time and put it in the right context, you can make the world a better place.
In 1986, Ranadivé founded Teknekron Software Systems, which focused on creating the stock-trading floor of the future. Teknekron went on to automate Wall Street, and its technology became the engine for most of the world’s capital markets. In 1997, he founded TIBCO Software Inc., with the mission of bringing real-time computing into the mainstream. Today TIBCO technology helps power everything from the web to airlines, utilities, communications providers, manufacturers, and governments.
Ranadivé has authored three books that are New York Times best-sellers and are widely read in business and academia. His most recent book is The Two-Second Advantage: How We Succeed by Anticipating the Future – Just Enough. He also authored The Power to Predict and The Power of Now.
As a young boy in his native Bombay, Ranadivé watched a documentary on the Massachusetts Institute of Technology and was inspired at the age of 16 to leave India for Cambridge, Mass., arriving with only $50 in his pocket. After earning both a Bachelor’s and Master’s Degree in Electrical Engineering from MIT, he gained an MBA at Harvard where he was a Baker Scholar.