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
Extra, extra! Think your job is bad? Film extras (or 'background' as they're commonly referred to) just stand around waiting all day, have to bring their own wardrobe, and must always obey the unspoken rule of not chatting up the real talent. It's
the job that's pretty much 'about nothing', with
no guarantees, no glamour, no money. Yet, with that said, there are already many who do it, and more trying to
break in every day. Are movie extras merely suckers for punishment, or are they hoping to find
fame and fortune?
posted by debralee
on May 26, 2003 -
20 comments
How Bush made his millions. A short story by a very conservative journalist. "It is the story of a man who has been rewarded for repeated failures by having money shot at him through a fire hose. It is the story of a man who talks with a straight face about having "earned" a fortune of tens of millions of dollars, without having ever done an honest day's work in his life."
posted by nofundy
on Jul 22, 2002 -
45 comments
Fortune Magazine
went roadtripping in search of the technological future by trying (and not succeeding) to blend in with college kids. After getting schooled themselves, they came up with a
list of cool web companies with lots of sex appeal, in the categories of media, communication, biotech, and international.
via Blogger.
posted by iconomy
on Jun 18, 2002 -
6 comments
