Nationality Indian American Spouse(s) Gayatri Organizations founded Praja Inc Religion Hindu Awards Padma Bhushan | Occupation Professor Role University Professor Citizenship India Name C. Prahalad | |
Born 8 August 1941 ( 1941-08-08 ) Coimbatore, Tamil Nadu, British India (now Kovai, Tamil Nadu, India) Alma mater Loyola College, Chennai
IIM Ahmedabad
Harvard Business School Died April 16, 2010, San Diego, California, United States Education Harvard University (1975), Harvard Business School Books The Fortune at the Botto, Competing for the future, The New Age of Innovation, The Future of Competition, Strategic Intent Similar People Gary Hamel, Jon Katzenbach, Rosabeth Moss Kanter, Theodore Levitt, Kenneth R Andrews | ||
Globalization s effects on the global poor c k prahalad
Coimbatore Krishnarao Prahalad (8 August 1941 – 16 April 2010) was the Paul and Ruth McCracken Distinguished University Professor of Corporate Strategy at the Stephen M. Ross School of Business in the University of Michigan, USA.
Contents
- Globalization s effects on the global poor c k prahalad
- Mlk symposium c k prahalad
- Education and Teaching
- Writings interests and business experience
- Honors and awards
- References
He was the co-author of "Core Competence of the Corporation" (with Gary Hamel) and "The Fortune at the Bottom of the Pyramid" (with Stuart L. Hart), about the business opportunity in serving the Bottom of the Pyramid.
On 16 April 2010, Prahalad died at the age of 68 of a previously undiagnosed lung illness in San Diego, California.
Mlk symposium c k prahalad
Education and Teaching
Prahalad was born in Coimbatore (Tamil Nadu) in 1941. His father was a Tamil scholar and judge in Madras (now Chennai).
At 19, he had finished his BSc degree in physics from Loyola College, Chennai, part of the University of Madras, and joined Union Carbide, where he worked for four years. Four years later he did postgraduate work in management at the Indian Institute of Management Ahmedabad.
At Harvard Business School, Prahalad wrote a doctoral thesis on multinational management in two and a half years, graduating with a DBA degree in 1975. After graduating from Harvard, Prahalad returned to the Indian Institute of Management Ahmedabad for a short time.
He returned to the United States in 1977, with an appointment to the University of Michigan's Ross School of Business Administration. He eventually became a tenured full professor, earning the university's highest distinction, Distinguished University Professor, in 2005.
Writings, interests, and business experience
In the early 1990 Prahalad advised Philips' Jan Timmer on the restructuring of this electronic corporation, then on the brink of collapse. A process which was named Operation Centurion was set up, and was successful after two or three years.
C. K. Prahalad is the co-author of a number of works in corporate strategy, including The Core Competence of the Corporation (with Gary Hamel, Harvard Business Review, May–June 1990) which as of 2010 was one of the most frequently reprinted articles published by the journal. He authored or co-authored: Competing for the Future (with Gary Hamel, 1994), The Future of Competition (with Venkat Ramaswamy, 2004), and The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits (Wharton School Publishing, 2004). His last book, co-authored by M. S. Krishnan and published in April 2008, is The New Age of Innovation. He co-authored: "Innovation's Holy Grail" with R.A Mashelkar which was chosen as a Harvard Business Review Top 10 articles on Innovation and focuses on how developing nations are leading the way in innovation that focuses more on affordability and sustainability as opposed to the common premium pricing model
Prahalad was co-founder and became CEO of Praja Inc. ("Praja" from a Sanskrit word "Praja" which means "citizen" or "common people"). The company had goals of providing unrestricted access to information for people at the "bottom of the pyramid" and providing a test bed for various management ideas. It eventually laid off a third of its workforce, and was sold to TIBCO. In 2004 Prahalad co-founded management consultancy The Next Practice, to support companies in implementing the strategies outlined in The Fortune at the Bottom of the Pyramid, which continued in operation as of 2015. At the time of his death he was on the board of TiE, The Indus Entrepreneurs. Prahalad was a member of the Blue Ribbon Commission of the United Nations on Private Sector and Development.
Honors and awards
He was the first recipient of the Lal Bahadur Shastri Award for contributions to Management and Public Administration presented by the President of India in 1999.