CK Prahalad, Paul and Ruth McCracken
Distinguished University Professor of Corporate Strategy at the Stephen M. Ross School of Business in the University of Michigan
passed away on 16th April 2010 after a brief illness. His core
competency was strategic insight and vision and his
legacy to the world, the
concept of the
Bottom of the Pyramid, which changed
the way big
business viewed the teeming, huddled poverty stricken masses of the
former third world as
micro-innovators, micro-
producers and so, micro-consumers in
their own right. Among others,
his work inspired Ratan Tata as the
Nano turned conventional wisdom of automobile manufacturing on its head and
paved the way for Indian industry
to focus on the
high volume/low margin potential of their domestic
market. In
2009, he was named the "
world's most influential thinker" .
Though not
uncriticized for
his theories on the
Fortune at the Bottom of the Pyramid, one can acknowledge his role in overcoming the "
tyranny of dominant logic" that the poor should
not simply be recipients of charity but
demanding customers in
challenging environments. RIP, sir. {
previously,
previously}
posted by infini
on Apr 17, 2010 -
14 comments
"Thanks to tremendous progress achieved by the General Packet Radio System (GPRS), the wireless communication protocol, it is now possible for Africans to send articles and images (still and moving) about events taking place in their countries without using a computer and without having internet connection. Under those circumstances, the bigger the number of people expressing their opinions through that technology, the stronger becomes democracy, and the more valuable is the contribution to good governance efforts in Africa" -
Voices of Africa, Mobile stories and videos from Africa. Quote above from article
Mobile Reporters in Africa.
posted by infini
on Jul 27, 2007 -
11 comments
FabIndia becomes a Harvard Business Case study It's a
brand that does not advertise. It, in fact, celebrates the
success of its copycats. And now
Fabindia,
the craft-conscious enterprise, is a Harvard Business School (HBS) case study.
"Founded in 1960, Fabindia
makes the cut for being an
example of a corporation that does not just aim to do well, but does good too. "A strong mission can be both an opportunity and a constraint on the growth of a firm,"
points out Dr Khaire. However, the private retailer's
unique value proposition has not come in the way of it being
recognised as big brand today. And this in spite of the fact that Fabindia
has never advertised, points out Dr Khaire."
posted by infini
on Apr 15, 2007 -
8 comments
