Ad Here  
January
February
March
April
May
June
 
 
A single market for electricity... From starched khakhis to karai veshtis Marathon man is the new iron man of corporate India Chennai’s Mr Architect... Reduce emissions, increase fuel efficiency for sustainable mobility success through sound networking Mr Ashok Leyland... KMC Mediville – A medical marvel taking shape … South America can help in India’s energy and food security Multi-faceted... PC is a lawyer; he can’t be impartial The numismatist newsman Down Memory Lane: S Nithya Kalyani Demonetisation deconstructed. The official face of FinMin upbeat about impact. Virulent, but not quite rational… He breathes cyber security A measure of the man Management magnate This constant urge to grow... Family, curiosity and hunger for knowledge... The God calls it a day The rise of Gautam Adani The tourist town as a trading hub, a research laboratory and a knowledge park He performed every type of surgery... He kindled interest in science… When buildings get taller No comma for this ‘Kodi’ pathy The doc who revolutionised medicare The people’s person Emerging leader in inverters
 
Management magnate
“Management guru C K Prahalad is an intellectual colossus. He was, and will be a guiding force for industry and people of our country.” - Adi Godrej, President, CII.
THE OCCASION WAS the unveiling of the bust of Prahalad at the CII Southern Region headquarters in Chennai.

CII had worked closely with Prahalad. He spoke at their conferences galore. On each occasion, Prahalad came with a new concept, a new idea and a new hypothesis. These were truisms and were presented in simple, lucid terms like ‘the bottom of pyramid’ exposition. I remember his explaining this in easy-to-understand language with the examples of Amul, Nirma and Arvind Eye Care. It was amazing to learn from him about Hindustan Lever adopting the Nirma experience not just for introducing the low-cost detergent, Wheel, in India but also for replicating it in Brazil! Equally forceful was his presentation on the cost effective treatment of heart ailments by Bengaluru’s Naryana Hridayalaya.

‘Guess which half will vanish’

At the beginning of the liberalisation era, Prahalad predicted that several multinationals which had joint ventures with Indian business houses would go on their own splitting up with their Indian partners. He listed ten companies including TVS-Suzuki, Kinetic-Honda, Godrej, P&G and Thapar-DuPont and predicted that one half of the name would vanish. How true it became!
 Prahalad articulated the India @ 75 initiative during an event commemorating the 60th year of Indian independence at New York. He charted out his vision for India @ 75 when India would have the world’s largest pool of trained manpower, become home for at least 30 of the Fortune 100 firms and account for 10 per cent of global trade among others. Imagine his dreaming of this and believing in this at Michigan, thousands of miles away! The management guru repeatedly stressed the need for innovation and for leap-frogging growth. Disruptive growth has been a constant refrain of his, when he stressed that quantum growth cannot be achieved by linear progression.
1 2
Author :
Reported On :
Sector :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com