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Business Guru
A business guru is a manager that can be defined as 'a person with influential ideas or theories about business'. The earliest use of the term business guru can be tracked back to the 1960s being used in ''Business Week''. There are no existing qualifications that make someone a business guru. Anyone can become a business guru by making impact in a particular industry. It's also possible to claim to be a business guru at any time. It's not a title. The lists of people who have been accepted as business gurus have constantly changed over time. However, there are some people who have been accepted by a great majority as a business guru and also some organizations which have created their own lists of gurus. One English writer has described management gurus as "overwhelmingly a US phenomenon." Examples and lists There is no definitive list of business gurus, but some writers have proposed "personal" lists. These lists are mostly created by organizations such as business magazines or m ...
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CK Prahalad WEForum 2009
CK, Ck, or ck may refer to: Science and technology * Conductive keratoplasty, a type of refractive surgery * Creatine kinase, an enzyme * Cytokinin, a plant hormone * Cytokeratin (CK1 to CK20), keratin proteins * Cyanogen chloride, an inorganic chemical Computing * .ck, the Internet country code top-level domain for the Cook Islands * Collective Knowledge (software), a framework for collaborative and reproducible research Organizations * Calvin Klein, a fashion company * Chowking, a Filipino fast food chain * Colombo Kings, a team participating in Lanka Premier League * CK Hutchison Holdings, a multinational conglomerate headquartered in Hong Kong * Bloods, a US-based street gang, from the nickname "Crip Killer" *Circle K, an international chain of convenience stores Transportation * China Cargo Airlines (IATA code CK) * Composite Corridor, a designation of British Rail carriages * Chevrolet C/K, a model of pickup truck People * Louis C.K. (born 1967), American comedian * Con ...
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Gulag
The Gulag was a system of Labor camp, forced labor camps in the Soviet Union. The word ''Gulag'' originally referred only to the division of the Chronology of Soviet secret police agencies, Soviet secret police that was in charge of running the forced labor camps from the 1930s to the early 1950s during Joseph Stalin's rule, but in English literature the term is popularly used for the system of forced labor throughout the Soviet era. The abbreviation GULAG (ГУЛАГ) stands for "Гла́вное управле́ние исправи́тельно-трудовы́х лагере́й" (Main Directorate of Correctional Labour Camps), but the full official name of the agency #Etymology, changed several times. The Gulag is recognized as a major instrument of political repression in the Soviet Union. The camps housed both ordinary criminals and political prisoners, a large number of whom were convicted by simplified procedures, such as NKVD troikas or other instruments of extra ...
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Technology Evangelist
A technology evangelist is someone who builds a critical mass of support for a specific technology, and then establishes it as a technical standard in a market that is subject to network effects. The word ''evangelism'' is borrowed from the context of religious evangelism due to the similarity of sharing information about a particular concept with the intention of having others adopt that concept. This is typically accomplished by showcasing the potential uses and benefits of a technology to help others understand how they can use it for themselves. Target areas Platform evangelism is one target of technology evangelism, in which the vendor of a two-sided platform attempts to accelerate the production of complementary goods by independent developers (e.g., during its early years, Facebook worked on creating an ecosystem of third party developers, encouraging them to create games or develop mobile apps that could enhance users' experiences with Facebook). Professional technolo ...
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Religion And Business
Religion and business have throughout history interacted in ways that relate to and affected one another, as well as influenced sociocultural evolution, political geographies, and labour laws. As businesses expand globally they seek new markets which leads to expanding their corporation's norms and rules to encompass the new locations norms which most often involve religious rules and terms. Religious tourism Some areas, countries or cities have an economy based on religious tourism. Examples include Islamic Hajj tourism and Vatican tourism. The hotels and markets of important religious places are a source of income to the locals. Pilgrimage sites The boards or shines sometimes receive so much in donations that governments to take it under control for proper utilization of resources and management. The annual revenues of most of the religious places are not regulated. Religious tourism locations = Buddhism = * Lumbini – Lumbini is believed to be the birthplace of Siddharth ...
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Businessperson
A businessperson, also referred to as a businessman or businesswoman, is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) to generate cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital to fuel economic development and growth. History Medieval period: Rise of the merchant class Merchants emerged as a social class in medieval Italy. Between 1300 and 1500, modern accounting, the bill of exchange, and limited liability were invented, and thus, the world saw "the first true bankers", who were certainly businesspeople. Around the same time, Europe saw the " emergence of rich merchants." This "rise of the merchant class" came as Europe "needed a middleman" for the first time, and these "burghers" or "bourgeois" were the people who played this role. Renaissance to Enlightenment: Ris ...
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Innovation
Innovation is the practical implementation of ideas that result in the introduction of new goods or service (economics), services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity, realizing or redistributing value (economics), value". Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies. Innovation often takes place through the development of more-effective product (business), products, processes, Service (economics), services, technologies, art works or business models that innovators make available to Market (economics), markets, governments and society. Innovation is related to, but not the same as, ''invention'': innovation is more apt to involve the practical implementation of an invention (i.e. new / improved ability) to make a meaningful impact in a market or society, and not all innovations requir ...
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Management Fad
Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a government bodies through business administration, nonprofit management, or the political science sub-field of public administration respectively. It is the process of managing the resources of businesses, governments, and other organizations. Larger organizations generally have three hierarchical levels of managers, organized in a pyramid structure: * Senior management roles include the board of directors and a chief executive officer (CEO) or a president of an organization. They set the strategic goals and policy of the organization and make decisions on how the overall organization will operate. Senior managers are generally executive-level professionals who provide direction to middle management. Compare governance. * Middle management roles include branch managers, regional managers, department managers, and section managers. They provide direction to f ...
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Enron
Enron Corporation was an American Energy development, energy, Commodity, commodities, and services company based in Houston, Texas. It was led by Kenneth Lay and developed in 1985 via a merger between Houston Natural Gas and InterNorth, both relatively small regional companies at the time of the merger. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,600 staff and was a major electricity, natural gas, communications, and pulp and paper industry, pulp and paper company, with claimed revenues of nearly $101 billion during 2000. ''Fortune (magazine), Fortune'' named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001, it was revealed that Enron's reported financial condition was sustained by an institutionalized, systematic, and creatively planned accounting scandals, accounting fraud, known since as the Enron scandal. Enron became synonymous with willful, institutional fraud and systemic Corporate crime, corruptio ...
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Management Theory
Management science (or managerial science) is a wide and interdisciplinary study of solving complex problems and making strategic decisions as it pertains to institutions, corporations, governments and other types of organizational entities. It is closely related to management, economics, business, engineering, management consulting, and other fields. It uses various scientific research-based principles, strategies, and analytical methods including mathematical modeling, statistics and numerical algorithms and aims to improve an organization's ability to enact rational and accurate management decisions by arriving at optimal or near optimal solutions to complex decision problems. Management science looks to help businesses achieve goals using a number of scientific methods. The field was initially an outgrowth of applied mathematics, where early challenges were problems relating to the optimization of systems which could be modeled linearly, i.e., determining the optima (Maxima an ...
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Max Weber
Maximilian Carl Emil Weber (; ; 21 April 186414 June 1920) was a German Sociology, sociologist, historian, jurist, and political economy, political economist who was one of the central figures in the development of sociology and the social sciences more generally. His ideas continue to influence social theory and social research, research. Born in Erfurt in 1864, Weber studied law and history in Humboldt University of Berlin, Berlin, University of Göttingen, Göttingen, and Heidelberg University, Heidelberg. After earning his doctorate in law in 1889 and habilitation in 1891, he taught in Berlin, University of Freiburg, Freiburg, and Heidelberg. He married his cousin Marianne Weber, Marianne Schnitger two years later. In 1897, he had a breakdown after Max Weber Sr., his father died following an argument. Weber ceased teaching and travelled until the early 1900s. He recovered and wrote ''The Protestant Ethic and the Spirit of Capitalism''. During the First World War, he initia ...
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Gary Hamel
Gary P. Hamel (born November 9, 1954) is an American management consultant. He is a founder of Strategos, an international management consulting firm based in Chicago. Education Hamel was born on November 9, 1954, in St. Joseph, Michigan. He graduated from Andrews University in 1975, and from Ross School of Business at the University of Michigan in 1990. Career 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 Strategy, strategic management at the London Business School where he has been working for three decades. Work Gary Hamel is the originator (with C.K. Prahalad) of the concept of core competency, 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 S ...
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Charles Handy
Charles Brian Handy, CBE (25 July 1932 – 13 December 2024) was an Irish author and philosopher who specialised in organisational behaviour and management. Among the ideas he advanced are the " portfolio career" and the " shamrock organization" (in which professional core workers, freelance workers and part-time/temporary routine workers each form one leaf of the "shamrock"). Handy was rated among The Thinkers 50, a private list of the most influential living management thinkers. In 2001, he was second on this list, behind Peter Drucker, and in 2005, he was tenth. When the Harvard Business Review had a special issue to mark the publication's 50th anniversary, Handy, Peter Drucker and Henry Mintzberg were asked to write special articles. In July 2006, Handy was conferred with an honorary Doctor of Law by Trinity College Dublin. Background Born the son of a Church of Ireland archdeacon in Clane, County Kildare, Ireland, Handy was educated as a boarder at Bromsgrove School a ...
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