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C.K. Prahalad
Coimbatore Krishnarao Prahalad (8 August 1941 – 16 April 2010) was an Indian-American entrepreneur and author. He was the Paul and Ruth McCracken Distinguished University Professor of Corporate Strategy at the University of Michigan Stephen M. Ross School of Business. He co-authored " Core Competence of the Corporation" with Gary Hamel; and " The Fortune at the Bottom of the Pyramid" with Stuart L. Hart, about business opportunity in serving the Bottom of the Pyramid. On 16 April 2010, Prahalad died at the age of 68 of a previously undiagnosed lung illness in San Diego, California. Education and teaching Prahalad was born in Madhwa brahmin family at Coimbatore (Tamil Nadu) in 1941. His father was a Tamil scholar and judge in Madras (now Chennai). At 19, he had finished his BSc degree in physics from Loyola College, Chennai, part of the University of Madras, and joined Union Carbide, where he worked for four years. Four years later he did postgraduate work in manage ...
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World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than five billion US dollars in turnover – as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss global issues across 500 sessions. ...
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Gary Hamel
Gary P. Hamel (born 1954) is an American management consultant. He is a founder of Strategos, an international management consulting firm based in Chicago. Biography Hamel graduated from Andrews University in 1975, and from Ross School of Business at the University of Michigan in 1990. Hamel has worked as a visiting professor of International Business at the University of Michigan and at Harvard Business School; he currently teaches as a visiting Professor of Strategic Management at the London Business School. Work Gary Hamel is the originator (with C.K. Prahalad) of the concept of core competencies. He is also the director of the Woodside Institute, a nonprofit research foundation based in Woodside, California. He was a founder of the consulting firm Strategos, serving as chairman until 2003. The UTEK Corporation acquired Strategos in 2008 in an all-stock transaction as reported by the SEC. In 2012 Strategos became an independent strategy and innovation consultancy on ...
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Doctoral Thesis
A thesis ( : theses), or dissertation (abbreviated diss.), is a document submitted in support of candidature for an academic degree or professional qualification presenting the author's research and findings.International Standard ISO 7144: Documentation�Presentation of theses and similar documents International Organization for Standardization, Geneva, 1986. In some contexts, the word "thesis" or a cognate is used for part of a bachelor's or master's course, while "dissertation" is normally applied to a doctorate. This is the typical arrangement in American English. In other contexts, such as within most institutions of the United Kingdom and Republic of Ireland, the reverse is true. The term graduate thesis is sometimes used to refer to both master's theses and doctoral dissertations. The required complexity or quality of research of a thesis or dissertation can vary by country, university, or program, and the required minimum study period may thus vary significantly in du ...
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Union Carbide
Union Carbide Corporation is an American chemical corporation wholly owned subsidiary (since February 6, 2001) by Dow Chemical Company. Union Carbide produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers. Some are high-volume commodities and others are specialty products meeting the needs of smaller markets. Markets served include paints and coatings, packaging, wire and cable, household products, personal care, pharmaceuticals, automotive, textiles, agriculture, and oil and gas. The company is a former component of the Dow Jones Industrial Average. Founded in 1917 as the Union Carbide and Carbon Corporation, from a merger with National Carbon Company, the company's researchers developed an economical way to make ethylene from natural gas liquids, such as ethane and propane, giving birth to the modern petrochemical industry. The company divested consumer products businesses Eveready and Energizer batteries, Gla ...
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University Of Madras
The University of Madras (informally known as Madras University) is a public state university in Chennai, Tamil Nadu, India. Established in 1857, it is one of the oldest and among the most prestigious universities in India, incorporated by an act of the Legislative Council of India under the British government. It is a collegiate research university and has six campuses in the city: Chepauk, Marina, Guindy, Taramani, Maduravoyal and Chetpet. It offers more than 230 courses under 87 academic departments of post-graduate teaching and research grouped under 18 schools, covering diverse areas such as sciences, social sciences, humanities, management and medicine along with 121 affiliated colleges and 53 approved research institutions. The university houses the national centres for advanced research in nanotechnology, photonics and neurotoxicity. In addition, it has three ''Centres of Advanced Study (CAS)'' in biophysics, botany and mathematics. University of Madras is the al ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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Chennai
Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of the Bay of Bengal. According to the 2011 Indian census, Chennai is the sixth-most populous city in the country and forms the fourth-most populous urban agglomeration. The Greater Chennai Corporation is the civic body responsible for the city; it is the oldest city corporation of India, established in 1688—the second oldest in the world after London. The city of Chennai is coterminous with Chennai district, which together with the adjoining suburbs constitutes the Chennai Metropolitan Area, the 36th-largest urban area in the world by population and one of the largest metropolitan economies of India. The traditional and de facto gateway of South India, Chennai is among the most-visited Indian cities by foreign tourists. It was ranked the ...
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Madras
Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of the Bay of Bengal. According to the 2011 Indian census, Chennai is the sixth-most populous city in the country and forms the fourth-most populous urban agglomeration. The Greater Chennai Corporation is the civic body responsible for the city; it is the oldest city corporation of India, established in 1688—the second oldest in the world after London. The city of Chennai is coterminous with Chennai district, which together with the adjoining suburbs constitutes the Chennai Metropolitan Area, the 36th-largest urban area in the world by population and one of the largest metropolitan economies of India. The traditional and de facto gateway of South India, Chennai is among the most-visited Indian cities by foreign tourists. It was ranked t ...
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Tamil Language
Tamil (; ' , ) is a Dravidian language natively spoken by the Tamil people of South Asia. Tamil is an official language of the Indian state of Tamil Nadu, the sovereign nations of Sri Lanka and Singapore, and the Indian territory of Puducherry. Tamil is also spoken by significant minorities in the four other South Indian states of Kerala, Karnataka, Andhra Pradesh and Telangana, and the Union Territory of the Andaman and Nicobar Islands. It is also spoken by the Tamil diaspora found in many countries, including Malaysia, Myanmar, South Africa, United Kingdom, United States, Canada, Australia and Mauritius. Tamil is also natively spoken by Sri Lankan Moors. One of 22 scheduled languages in the Constitution of India, Tamil was the first to be classified as a classical language of India. Tamil is one of the longest-surviving classical languages of India.. "Tamil is one of the two longest-surviving classical languages in India" (p. 7). A. K. Ramanujan described it ...
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Madhva Brahmins
Madhva Brahmins (also often referred as Madhvas or Sadh-Vaishnavas), are Hindu Brahmin communities in India, who follow Sadh Vaishnavism and Dvaita philosophy propounded by Madhvacharya. They are found mostly in the Indian states of Karnataka, Maharashtra, Goa, Tamil Nadu, Kerala, Telangana and Andhra Pradesh. History The Madhwa community traces its philosophical origins to Madhvacharya, the first said Sadh Vaishnava acharya, who lived around 13th century. The Ashta Mathas of Udupi were established by Madhvacharya by his disciples. Other Acharyas who established mathas after Madhvacharya include Padmanabha Tirtha, Naraharitirtha, Akshobhya Tirtha, Jayatirtha, Sripadaraja, Vyasatirtha, Vadiraja Tirtha, Vijayendra Tirtha, Raghavendra Tirtha. The affiliations of the Madhwa philosophy extended in the form of temples and monasteries from Udupi in the South India to Dwaraka in West India to Gaya in the East India to Badrinath in the North India. The town of Udupi is famous for the Ud ...
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San Diego, California
San Diego ( , ; ) is a city on the Pacific Ocean coast of Southern California located immediately adjacent to the Mexico–United States border. With a 2020 population of 1,386,932, it is the eighth most populous city in the United States and the seat of San Diego County, the fifth most populous county in the United States, with 3,338,330 estimated residents as of 2019. The city is known for its mild year-round climate, natural deep-water harbor, extensive beaches and parks, long association with the United States Navy, and recent emergence as a healthcare and biotechnology development center. San Diego is the second largest city in the state of California, after Los Angeles. Historically home to the Kumeyaay people, San Diego is frequently referred to as the "Birthplace of California", as it was the first site visited and settled by Europeans on what is now the U.S. west coast. Upon landing in San Diego Bay in 1542, Juan Rodríguez Cabrillo claimed the are ...
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Bottom Of The Pyramid
The bottom of the pyramid, bottom of the wealth pyramid or the bottom of the income pyramid is the largest, but poorest socio-economic group. In global terms, this is the 2.7 billion people who live on less than $2.50 a day. Management scholar CK Prahalad popularised the idea of this demographic as a profitable consumer base in his 2004 book ''The Fortune at the Bottom of the Pyramid,'' written alongside Stuart Hart. History U.S. president Franklin D. Roosevelt used the term in his April 7, 1932 radio address, ''The Forgotten Man'', in which he said, The more current usage refers to the billions of people living on less than $2.50 per day, the definition proposed in 1998 by C.K. Prahalad and Stuart L. Hart. It was subsequently expanded upon by both in their books: ''The Fortune at the Bottom of the Pyramid'' by Prahalad in 2004 and ''Capitalism at the Crossroads'' by Hart in 2005. Prahalad proposes that businesses, governments, and donor agencies stop thinking of the p ...
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