C.K. Prahalad (Management Consultant and Professor at University of Michigan)

C.K. Prahalad was a renowned management consultant and a professor at the University of Michigan, celebrated for his groundbreaking ideas in business strategy and innovation. He is best known for his concept of "core competencies," which emphasizes that companies should focus on their unique strengths to gain a competitive advantage. Prahalad also explored the idea of "bottom of the pyramid," advocating for businesses to develop products and services for low-income consumers. His work has greatly influenced how organizations think about competition, growth, and social impact in the global marketplace.