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C. K. Prahalad
Born 1941[1]
Occupation Author, Professional speaker, Consultant, Management expert
Website
www.ckprahalad.com/

Coimbatore Krishnarao Prahalad (pronounced as: Pra-lad) (b. Year 1941 ( MCMXLI) was a Common year starting on Wednesday (the link will display 1941 calendar of the Gregorian calendar. An author is defined both as "the person who originates or gives existence to anything" and that authorship determines responsibility for what is created A motivational speaker is a professional speaker who makes speeches intending to lift up and motivate their audiences A consultant (from the Latin consultare means "to discuss" from which we also derive words such as consul and counsel) is a Professional Management (covering theory practice and scope of management and Manager' (covering the people who manage might help clarify and systematise 1941[1], Coimbatore, Tamil Nadu, India[2]) is a management consultant, author, and the Paul and Ruth McCracken Distinguished University Professor of Corporate Strategy at the University of Michigan Ross School of Business. Year 1941 ( MCMXLI) was a Common year starting on Wednesday (the link will display 1941 calendar of the Gregorian calendar. Coimbatore (கோயம்புத்தூர் also known as Kovai (கோவை is a major industrial city in India and the second largest city in the Tamil Nadu ( Tamil:, Country of the Tamils, t̪ɐmɨɻ n̪aːɽɯ is one of the 28 states of India. India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country The University of Michigan Ann Arbor ( U of M, U-M, UM or simply Michigan) is a top-ranked Coeducational public research The Ross School of Business (previously known as the University of Michigan Business School) is the business school of the University of Michigan in Ann Arbor His current work addresses a complex emerging market, the world's poor and the innovative business models that will help end world poverty. The term emerging markets is used to describe a nation's social or business activity in the process of rapid Industrialization.

The name "Prahalad" is actually the variation of Prahlad or Prahlada that over the years changed due to translations and different dialects which comes from the Hindu mythology of one of the strongest devotees of God Vishnu and plays a prominent part in Hinduism. Prahlada is a character from the Puranic texts of Hinduism, wherein he is famed for his exclusive devotion ( Bhakti) to Vishnu, despite attempts Prahlada is a character from the Puranic texts of Hinduism, wherein he is famed for his exclusive devotion ( Bhakti) to Vishnu, despite attempts It is also important to note that "C. K. " is the last name and Prahalad is the first name. Due to the usage of initials in some parts of India, C. K. is sometimes credited as Prahalad's first name.

Contents

Early life

Prahalad is one of nine children. His father was a well-known Sanskrit scholar and judge in Madras (now Chennai). Sanskrit (sa संस्कृता वाक् saṃskṛtā vāk, for short sa संस्कृतम् saṃskṛtam) is a historical When he was 19, Prahalad was recruited by the manager of the local Union Carbide battery plant. Union Carbide Corporation ( Union Carbide) is one of the oldest chemical and polymers companies in the United States, currently employing more than 3800 people He worked there for four years. Prahalad calls his Union Carbide experience a major inflection point in his life. In Differential calculus, an inflection point, or point of inflection (or inflexion) is a point on a Curve at which the Curvature

Prahalad then went to the Indian Institute of Management, Ahmedabad (IIM-A), where he fell in love with a student at a nearby university. The Indian Institute of Management Ahmedabad (IIM Ahmedabad also known as IIMA is considered to be the premier institute of management education in India It took five years for their families' approval, the couple married and then left for Harvard Business School. Harvard Business School ( HBS) is a renowned Business school in the United States There Prahalad wrote a doctoral thesis on multinational management in just two and a half years, graduating with a D.B.A. degree in 1975. A dissertation (also called thesis or disquisition) is a document that presents the author's Research and findings and is submitted in support of candidature The degree of Doctor of Business Administration (DBA is a research doctorate [3]

He then returned to India, where he taught at the IIM-A. India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country But his ideas on global business were under constant attack from nationalists in India. He decided to return to the United States, as an assistant professor at the University of Michigan. The meaning of the word professor ( Latin: professor, person who professes to be an expert in some art or science teacher of highest rank) varies The University of Michigan Ann Arbor ( U of M, U-M, UM or simply Michigan) is a top-ranked Coeducational public research

Education

Loyola College, Chennai / University of Madras (B. Loyola College is a Jesuit college in Chennai, India. It is among the elite colleges in India presently ranked at no The University of Madras is one of the three oldest Universities in India (along with the University of Calcutta and the University of Mumbai Sc. 1960), Indian Institute of Management Ahmedabad (Post Grad Diploma in Business Administration 1966), Harvard Business School (D. The Indian Institute of Management Ahmedabad (IIM Ahmedabad also known as IIMA is considered to be the premier institute of management education in India Harvard Business School ( HBS) is a renowned Business school in the United States B. A. 1975). [3]

Writings, interests, and business experience

C. K. Prahalad is the author of a number of well known works in corporate strategy including The Core Competence of the Corporation (Harvard Business Review, May-June, 1990). He is also an author of the international bestsellers "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. Gary Hamel, a graduate of Andrews University (1975 and the Ross School of Business at the University of Michigan (1990 is a Founder of Wharton School Publishing (known colloquially as WSP is a publishing house a division of The Wharton School and Pearson Education. His new book with co-author M. S. Krishnan is called The New Age of Innovation (http://www.newageofinnovation.com). M S Krishnan is the Michael R and Mary Kay Hallman Fellow & Professor of Business Information Technology Chair of Business Information Technology at the University of Michigan

His latest interests are in the area of serving the poor's needs profitably, referred by him as the "bottom of the pyramid". He is on the board of TiE, The Indus Entrepreneurs and coined the phrases "bottom of the pyramid" and "strategic intent. TiE (formerly The Indus Entrepreneurs) is a global nonprofit dedicated to fostering entrepreneurship "

He was co-founder and became CEO of Praja Inc ("Praja" from a Sanskrit word "Praja" which means "citizen" or "common people"). The goals of the company ranged from allowing common people to access information without restriction (this theme is related to the "bottom of pyramid" or BOP philosophy) to providing a testbed for various management ideas. The company eventually laid off 1/3rd of its workforce and was sold to TIBCO. TIBCO Software Inc is a software company with headquarters in Palo Alto, California. C. K. Prahalad put this down to bad timing but said he learned a lot from it.

Prahalad has been a top ten management thinker in every major survey for over ten years. Business Week said of him: "a brilliant teacher at the University of Michigan, he may well be the most influential thinker on business strategy today. BusinessWeek is a business Magazine published by McGraw-Hill. " He is a member of the blue ribbon commission of the United Nations on Private Sector and Development. The United Nations ( UN) is an International organization whose stated aims are to facilitate cooperation in International law, International security He is the first recipient of the Lal Bahadur Shastri Award for contributions to Management and Public Administration presented by the President of India in 2000.

See also

References

  1. ^ a b Notable Alumni: Dr. C K Prahalad. In economics the bottom of the pyramid is the largest but poorest Socio-economic group. Core competency is something that a firm can do well and that meets the following three conditions It provides consumer benefits It is not easy for competitors to imitate Co-creation is the practice of product or service development that is collaboratively executed by developers and stakeholders together IIMA USA Chapter.
  2. ^ Biography: CK PRAHALAD. Thinkers50.
  3. ^ a b Professor C.K. Prahalad

External links

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