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The Future of Entrepreneurship

Will Future Management Ideas come from Emerging Markets?

Will "management idea generation" get outsourced? Looks ridiculous - but late C.K.Prahalad seem to have indicated that it may happen.

Harvard Business Review had published A Tribute to C K Prahalad written by HBR editor-in-chief Adi Ignatius. Here is an interesting quote from the article.

“… C.K. also expressed enthusiasm about a book he was co-writing for HBR Press with HBR editor at large Anand Raman, on how some of the best management ideas these days are coming from India and the other emerging markets, and are reshaping management theory….”

If you look at the article The Most Influential Management Gurus on Forbes.com, you may find some evidence of this phenomenon. The article is based on the site 50thinkers.com which has been publishing a listing of the world’s top 50 business thinkers every alternate year from 2001.

The top slot has gone to Peter Drucker (2001, 2003), Michael Porter (2005) and C K Prahalad (2007, 2009). I was looking at the list from Indian perspective – so I counted the number of persons from Indian origin in those lists:

The 2009 list also features the Nobel laureate
Muhammad Yunus from Bangladesh at the sixth position. I also examined the site for India bias but could not find any.

Interesting news from Indian perspective:

Nitin Nohria is the appointed Dean of Harvard Business School.

Read the original blog entry...

More Stories By Udayan Banerjee

Udayan Banerjee is CTO at NIIT Technologies Ltd, an IT industry veteran with more than 30 years' experience. He blogs at http://setandbma.wordpress.com.
The blog focuses on emerging technologies like cloud computing, mobile computing, social media aka web 2.0 etc. It also contains stuff about agile methodology and trends in architecture. It is a world view seen through the lens of a software service provider based out of Bangalore and serving clients across the world. The focus is mostly on...

  • Keep the hype out and project a realistic picture
  • Uncover trends not very apparent
  • Draw conclusion from real life experience
  • Point out fallacy & discrepancy when I see them
  • Talk about trends which I find interesting
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