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Late Dr. C. K. Prahalad’s Business Wisdom

QAspire

After my talk at Ahmedabad Management Association recently, I was gifted with a book titled “Purely Prahalad – Business Wisdom from Late Dr. C. Prahalad’s thoughts”. Gift of thoughts is the best gift we can receive. This book is compiled and edited by AMA’s team. It is a brilliant collection of useful gems.

Design Thinking for Social Innovation

First Friday Book Synopsis

Here is an excerpt from a brilliant article co-authored by Tim Brown and Jocelyn Wyatt for Stanford Social Innovation Review (Winter 2010). Bob's blog entries 000 villages a model to decrease in a sustainable manner high levels of malnutrition among children in 10 Apple Computer’s iPod C.K.

Prahalad's Business Wisdom

Execupundit

Prahalad. Tanmay Vora has gleaned some great examples from the wisdom of Dr. C. An excerpt: Creating a ‘learning organization’ is only half the solution. Just as important is creating an ‘unlearning organization’. To create the future, a company must unlearn at least some of its past.

HBR on INSPIRING & EXECUTING INNOVATION: A book review by Bob Morris

First Friday Book Synopsis

Harvard Business Review on INSPIRING & EXECUTING INNOVATION Various Contributors Harvard Business Review Press (2011) How to create and then deliver new or better products and services This is one of the volumes in a series of anthologies of articles that first appeared in HBR. Prahalad ” Lance A. Bob's blog entries Anthony W.

Welcome to Thinkers50, one of the best online sources for brain food

First Friday Book Synopsis

The 2009 winner was CK Prahalad. Thinkers50 offers the definitive global ranking of management thinkers and is published every two years. The ranking is based on voting at the Thinkers50 website and input from a team of advisers led by Des Dearlove and Stuart Crainer. The Thinkers50 has ten established criteria by which thinkers are [.].

Three Traps to Avoid When Choosing a Successor

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. Q: Many otherwise objective leaders seem to have real difficulty in evaluating their potential successors. From your experience, why does this happen? Can it be avoided? Life is good.

Not Everyone Is Just Like You

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. He is a great executive. A self-starter, he prides himself on being able to land on his feet in virtually any new environment. He gets the job done. Describing a recent meeting, he grimaced. "I

Demonstrating the Entrepreneurial Spirit

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. Why I realize we cannot all be entrepreneurial in the sense that we can't all start our own companies, I believe we can all be entrepreneurial in terms of how we approach our own careers.

When Leadership Coaching Works (And When It Doesn't)

Marshall Goldsmith

CK Prahalad or Vijay Govindarajan), most - including me - are not. Q: When does leadership coaching work? When is it a waste of time? A: In my work as an executive coach, I only get paid if my clients achieve a positive, lasting change in behavior - not as judged by themselves, but as determined by their key stakeholders. Life is good.

Had a Tough Year? Make Peace and Move On

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. My bank has lost billions of dollars because of bad investments - which I didn't make. This really makes me angry! Any suggestions? It makes us motivated and encourages us to build our skills.

7 Steps to Boost Your Leadership Self-Confidence

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. Q: What advice do you have for a leader whose bosses say needs to exhibit more self-confidence while still being collaborative and authentic? A: Thank you for this great question. Have fun!

Self-Confidence and Success

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. One common characteristic of the great leaders I meet is self-confidence, which of course makes sense. Leaders have to inspire confidence in others. Great leaders have to take risks.

Measuring Up On the Job - and On the Homefront

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. In business we spend a great deal of time measuring. We keep close tabs on sales, profits, rate of growth, and return on investment. It's the only way that we can know for sure how we're doing.

Advice for the Acquired

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. Q: Our company is about to be acquired. My friends have warned me that this can spell trouble. Do you have suggestions for professionals in acquired companies? o Read the tea leaves.

Change the Way You Define Yourself

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. Q: Sometimes I think that my biggest enemy is me. Why do we say and do things that limit our own success? Almost all of us have a few negative terms that are part of our self-definition.

Advice for Marketing Executives During Tough Times

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. Q: Do you have any specific suggestions for marketing executives in this challenging climate? A: Great question. During hard times companies often cut back on marketing budgets. Life is good.

8 Business-Travel Tips

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. Q: I read that you have flown millions of miles. I don't see how you do it. Do you have any suggestions for making air transportation less painful? million frequent flyer miles. Things happen.

Choosing to Change

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. I've had the good fortune to work with some of the most successful people in the business world. They tend to pursue opportunities with an enthusiasm others might find mystifying. Life is good.

When is Spinning the Message a Good Thing?

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. Q: In our company we value integrity, yet leaders - especially in marketing - are taught to "spin" to make products and services sound good to clients. When it is wrong? Life is good.

Revealing Leadership Insights From Thinkers50

Tanveer Naseer

Similarly, CK Prahalad’s work on the bottom of the pyramid from the beginning of this century is still hugely influential. At No. At No.

Go for It, Brett; Retiring Successfully Is Harder Than It Looks

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. After retiring, why do so many athletes like Brett Favre change their minds and come back? Why can't they just go out on top? Nothing," he replied. He was about Mr. Favre's age. Hint, hint.)

Why Management Ideas Matter

Harvard Business Review

The results for 2011 are published today — 14 November. Prahalad's earlier insights on the opportunities waiting to be found at the bottom of the pyramid. Who is the most influential living management thinker? That is the question that the Thinkers50, the biennial global ranking of management thinkers , seeks to answer.

How to Terminate a Great Performer in a Tough Economy

Marshall Goldsmith

In 2009 Marshall's friend the late CK Prahalad was ranked #1 and Marshall was ranked #14. To participate in the 2011 Thinkers 50, visit [link]. Q: Our company has had a terrible year because one of our divisions completely tanked. Do you have any suggestions on how to best handle this tough situation? Tell the truth. They are right.

Voting ends Sept 1st for Thinkers50 Top Management Thinker Award for 2013

Marshall Goldsmith

I am honored to have been recognized as the #1 Leadership Thinker and the #7 Business Thinker in the World in 2011. Thank you! Life is good.

Are CEOs Really India’s Leading Export?

Harvard Business Review

Prahalad’s assertion that “Growing up in India is an extraordinary preparation for management” was wrong? Not necessarily. Altman.

End the Religion of ROE

Harvard Business Review

Prahalad pointed out, the "bottom of the pyramid" is a market and not a social problem. There is no more powerful question in a U.S. corporation than "what's the ROE on that?" Social media spending? Wellness checkups? Better working conditions? Return-on-equity hurdles threaten them all. Conversely, why market cigarettes? As the late C.

Design Lessons from the Consumer at the Bottom of the Pyramid

Harvard Business Review

Prahalad, put it there), the struggle to understand its role as a market and as a source of innovation continues. Deepa Prahalad is a strategy consultant and co-author (with Ravi Sawhney) of Predictable Magic: Unleash the Power of Design Strategy to Transform Your Business (Wharton School Publishing, 2010). too : from 4.8% to 6.1%

When the Invincible Become "Vincible"

Harvard Business Review

Prahalad used to recommend that a company's strategy should be developed by its thirty-year-old rookies instead of its veterans: The new guard will be more vested in the future than the past. Without that fear, the cliff often appears more suddenly. We've recently witnessed the fall from grace of a number of premier, blue chip companies.

Beyond Core Competence

Harvard Business Review

Prahalad and Gary Hamel's HBR classic Core Competence of the Corporation made popular the notion that knowing and mastering core business factors can be leveraged across products and markets. The Eastman Kodak Company was an iconic industry leader. For decades, it was synonymous with photography. But it arrived late.

Possibility Maximizer: Fast Company's 30 Second MBA

Maximizing Possibility

Department of Labor Employment Standards Administration (ESA) - U.S. SHRM - Society for Human Resource Managment Indispensible for the HR Professional!

Seven Ways to Connect With Your Designer

Harvard Business Review

Ravi Sawhney is founder and CEO of RKS Design and co-author, with Deepa Prahalad , of Predictable Magic: Unleash the Power of Design Strategy to Transform Your Business (Wharton School Publishing, 2010). Today, designers and business leaders are working together more closely than ever. So, do the research necessary. Increase profitability?

Setting Strategy in Egypt's (and Other) Shifting Sands: A Four-Part Approach

Harvard Business Review

Developments in the Middle East — first the removal of long-time Tunisian President Zine el-Abidine Ben Ali in January 2011 and now Hosni Mubarak's stepping down in Egypt — suggest that authoritarian regimes in the region are not immune to "people power." Many shuttered plants and flew home expatriate staff and families. As C.K.