C.K. Prahalad (Management Consultant and Professor)

C.K. Prahalad was a renowned management thinker and professor known for his work on business strategy and innovation. He emphasized the importance of understanding and serving the needs of diverse customers, especially those in developing markets often overlooked by corporations. Prahalad introduced ideas like "core competencies"—the unique strengths that give a company competitive advantage—and advocated for inclusive growth through affordable products and services. His insights helped companies rethink how they create value, focusing not just on profitability but also on improving lives worldwide. His work continues to influence modern business strategies and corporate social responsibility.