Nationality: Indian
C.K. Prahalad was born in Tamil Nadu in 1941. Since 1960 and until 1964 he was working as an industrial engineer, before he has completed an MBA at the Indian Institute of wariness in 1966 and DBA at Harvard Business School in 1975. After he has completed his education Prahalad began to teach, business thinker has been a tour research fellow at Harvard, a professor at the Indian Institute of Management, and visiting professor at the INSEAD.
at present Professor Prahalad is worldwide known …management educator and wholeness of the most influential thinkers on corporate strategy1. His password Competing for the time to come has been printed in 14 languages and has been a trounce seller every last(predicate) over the world. However, he got famous not only for this best seller. During his life professor has developed a lot of enormously influential global management theories. Here are just about of his best known concepts:
•Global local balance: in 1976 he helped to wobble the views on multinational thinking. This was fully set forth in the 1987 in the book The Multinational Thinking by Prahalad and Yves L. Doz.
•Dominant logical system: in 1986 Prahalad and Richard A.
Bettis in Strategic Management Journal introduced a thought about managerial logic: Executions make strategic decisions based on ingrained assumptions that practically are out of date and inhibit innovation2 .
•Core competency: in 1990 Prahalad and Gary Hamel introduced a term Core competence through which they explained the idea that …companies should taper on their accumulated knowledge and core competitive posture…3
•Strategic intent: in 1994 Hamel and Prahalad published a book Competing for the future in which they argued that Japanese companies like Canon, Toyota and Sony were beating bigger American rivals just by setting …ambitious goals to change the game and motivating workers to fulfill them4.
•Bottom of the pyramid: in 2004...If you want to get a full essay, order it on our website: Ordercustompaper.com
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