Professor C.K.Prahalad’s passing away is sad news. Distinguished Professor in the Ross School of Business at the University of Michigan, he was a worldwide authority on management and the originator of at least three important concepts in management:
- Core Competence
- Fortune at the bottom of the pyramid, and
- Co-creation
He grew up in Chennai and graduated from the Loyola College. After briefly teaching at Indian Institute of Management, Ahmedabad he moved to the United States. A brilliant academician, prolific author and consultant to major international companies of the likes of AT&T, Sony, Philips and Tata. For example, Ginger Hotels, the Tata group’s hotel chain says that “The concept was developed in association with renowned corporate strategy thinker, Dr. C. K. Prahalad”. A Padma Bhushan awardee, his name has been included in every major top ten list of management thinkers worldwide.
Here’s a link to an interesting series of videos in which he speaks on competing for the future.
