Coimbatore Krishnarao Prahalad (Tamil: கோயம்புத்தூர் கிருஷ்ணராவ் ப்ரஹலாத்) (8 August 1941 – 16 April 2010)[1] was the Paul and Ruth McCracken Distinguished University Professor of Corporate Strategy at the Stephen M. Ross School of Business in the University of Michigan.
He is famous as the father of the concepts of Core competency and BoP - Bottom of the pyramid.
Early life
Prahalad was the ninth of eleven children born in 1941 in to a Kannada speaking family in Coimbatore, Tamil Nadu. His father was a well-known Sanskrit scholar and judge in Chennai[citation needed]. At 19, he joined Union Carbide, he was recruited by the manager of the local Union Carbide battery plant after completing his B.Sc degree in Physics from Loyola College, Chennai, part of the University of Madras. He worked there for four years. Prahalad called his Union Carbide experience a major inflection point in his life. Four years later, he did his post graduate work in management at the Indian Institute of Management Ahmedabad.
At Harvard Business School, Prahalad wrote a doctoral thesis on multinational management in just two and a half years, graduating with a D.B.A. degree in 1975.
Prahalad was the ninth of eleven children born in 1941 in to a Kannada speaking family in Coimbatore, Tamil Nadu. His father was a well-known Sanskrit scholar and judge in Chennai[citation needed]. At 19, he joined Union Carbide, he was recruited by the manager of the local Union Carbide battery plant after completing his B.Sc degree in Physics from Loyola College, Chennai, part of the University of Madras. He worked there for four years. Prahalad called his Union Carbide experience a major inflection point in his life. Four years later, he did his post graduate work in management at the Indian Institute of Management Ahmedabad.
At Harvard Business School, Prahalad wrote a doctoral thesis on multinational management in just two and a half years, graduating with a D.B.A. degree in 1975.
Professorship and teaching
After graduating from Harvard, Prahalad returned to his master's degree alma mater, the Indian Institute of Management Ahmedabad. But he soon returned to the United States, when in 1977, he was hired by the University of Michigan's School of Business Administration, where he advanced to the top tenured appointment as a full professor. In 2005, Prahalad earned the university's highest distinction, Distinguished University Professor.
On April 16, 2010, Prahalad died of a previously undiagnosed lung illness in San Diego, California.He was sixty eight years old at the time of his death, but he left a large body of work behind.
After graduating from Harvard, Prahalad returned to his master's degree alma mater, the Indian Institute of Management Ahmedabad. But he soon returned to the United States, when in 1977, he was hired by the University of Michigan's School of Business Administration, where he advanced to the top tenured appointment as a full professor. In 2005, Prahalad earned the university's highest distinction, Distinguished University Professor.
On April 16, 2010, Prahalad died of a previously undiagnosed lung illness in San Diego, California.He was sixty eight years old at the time of his death, but he left a large body of work behind.
In 2009, he was awarded Pravasi Bharatiya Sammaan
In 2009 he was conferred Padma Bhushan 'third in the hierarchy of civilian awards' by the Government of India.
In 2009 he was named the world's most influential business thinker on the [Thinkers50.com] list, published by The Times .
In 2009, he was awarded the Herbert Simon Award by the Rajk László College for Advanced Studies ( Corvinus University of Budapest).
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