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Management guru dies

Matt Schudel

News sources from India are reporting the death of C.K. Prahalad, who was one of the world's most respected management consultants. The Hindustan Times of India is reporting that he died Friday, April 16, in San Diego. Other sources say he had a bronchial ailment.

Prahalad, who was 68, was born in India, received a doctorate in business administration from Harvard in 1975 and became a professor at the University of Michigan. He wrote a number of books about business management in a diversified global market, and his ideas were particularly influential in the developing businesses in Asia. His book "The Fortune at the Bottom of the Pyramid" (2004) is considered an important study of how business can improves the lives of the poor. No less a businessman than Bill Gates has said the book "offers an intriguing blueprint for how to fight poverty with profitability."

By Matt Schudel  |  April 17, 2010; 11:29 AM ET
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CK Prahalad was also a scholar at the University of Michigan. In "The Core Competence of the Corporation," he and collaborator Gary Hamel made a significant and original contribution to management theory. Sad to hear of his passing.

Posted by: CardinalFang | April 17, 2010 10:00 PM | Report abuse

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