The New Age of Innovation: Driving Co-created Value Through Global Networks

Named one of the "Best Books on Innovation, 2008" by BusinessWeek magazine 
From the greatest minds in business today comes a groundbreaking new blueprint for executing the next stage of customer-created value. C.K. Prahalad, the world's premier business thinker, and IT scholar M.S. Krishnan unveil the critical missing link in connecting strategy to execution--building organizational capabilities that allow companies to achieve and sustain continuous change and innovation. The New Age of Innovation reveals that the key to creating value and the future growth of every business depends on accessing a global network of resources to co-create unique experiences with customers, one at a time. To achieve this, CEOs, executives, and managers at every level must transform their business processes, technical systems, and supply chain management, implementing key social and technological infrastructure requirements to create an ongoing innovation advantage. In this landmark work, Prahalad and Krishnan explain how to accomplish this shift--one where IT and the management architecture form the corporation's fundamental foundation. This book provides strategies for <ul>
<li>Redesigning systems to co-create value with customers and connect all parts of a firm to this process </li>
<li>Measuring individual behavior through smart analytics </li>
<li>Ceaselessly improving the flexibility and efficiency in all customer-facing and back-end processes </li>
<li>Treating all involved individuals--customers, employees, investors, suppliers--as unique </li>
<li>Working across cultures and time-zones in a seamless global network </li>
<li>Building teams that are capable of providing high-quality, low-cost solutions rapidly </li>
</ul>
To successfully compete on the battlefields of 21st-century business, companies must reinvent their processes and culture in order to sustain innovative solutions. The New Age of Innovation is a complete program for achieving this transformation to meet the needs of the end consumer of the future.

The New Age of Innovation: Driving Cocreated Value Through Global Networks

Business & Money

PRAHALAD, C.K.

Krishnan, M.S.

Management & Leadership

McGraw–Hill Education

Presents the theory that there are commercial opportunities in the poor nations of the world for private companies, and that companies can utilize this knowledge to make profits and at the same time fight poverty.

The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits

Economics

Wharton School Publishing

The Fortune at the Bottom of the Pyramid

Wharton School Pub

Drawing on Prahalad's breakthrough insights in The Fortune at the Bottom of the Pyramid, great companies worldwide have sought to identify, build, and profit from new markets amongst the world's several billion poorest people, while at the same time helping to alleviate poverty. Five years after its first publication, this book's ideas are no longer "theory": they are proven, profitable reality. In the 5th Anniversary Edition, Prahalad thoroughly updates his book to reveal all that's been learned about competing and profiting "at the bottom of the pyramid." Prahalad outlines the latest strategies and tactics that companies are utilizing to succeed in the developing world. He interviews several innovative CEOs to discuss what they've learned from their own initiatives, including the Unilever business leader who's built a billion-dollar business in India. You'll find a new case study on Jaipur Rugs' innovative new global supply chain; updates to earlier editions' key cases; and up-to-the-minute information on the evolution of key industries such as wireless, agribusiness, healthcare, consumer goods, and finance. Prahalad also offers an up-to-date assessment of the key questions his ideas raised: Is there truly a market? Is there scale? Is there profit? Is there innovation? Is this a global opportunity? Five years ago, executives could be hopeful that the answers to these questions would be positive. Now, as Prahalad demonstrates, they can be certain of it.

The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits: 5th Anniversary Edition

Ft Pr

Book by Prahalad, C.K., Doz, Yves L.

The Multinational Mission: Balancing Local Demands and Global Vision

Doz, Yves L.

Free Press

New competitive realities have ruptured industry boundaries, overthrown much of standard management practice, and rendered conventional models of strategy and growth obsolete. In their stead have come the powerful ideas and methodologies of Gary Hamel and C.K. Prahalad, whose much-revered thinking has already engendered a new language of strategy. In this book, they develop a coherent model for how today's executives can identify and accomplish no less than heroic goals in tomorrow's marketplace. Their masterful blueprint addresses how executives can ease the tension between competing today and clearing a path toward leadership in the future.

Competing for the Future

Hamel, Gary

Harvard Business Review Press

Biography & History

The innovation management classic returns for today’s fully digitized world
When legendary business thought leaders C.K. Prahalad and M.S. Krishnan first published The New Age of Innovation, the book was instantly lauded as one of the most forward-looking business guides of the year. 
Now, ten years later, their predictions that advanced technologies would transform every business in every industry have been borne out. And their lessons for managing the software revolution are more critical today than ever. 
The New Age of Innovation provides the insights and practices you need to drive profits and growth in today’s interconnected, software-dominated world―a world where companies partner with customers to create value. You’ll learn how to: 
•Align all software systems within your company
•Measure individual behavior using smart analytics
•Continuously improve customer-facing and back-end processes
•Make every stakeholder a unique partner in your mission
•Work seamlessly across cultures and time-zones
•Create teams that drive high-quality, low-cost solutions
The ubiquity of software and digitization introduce valuable opportunities for personalized value creation and global resource partnership. Manage them well and you’ll seize the competitive edge in no time. 
The New Age of Innovation provides everything you need to by leveraging the tools at your disposal to transform their business and dominate your industry.

Industries

McGraw=Hill

In this McKinsey Award-winning article, first published in May 1989, Gary Hamel and C.K. Prahalad explain that Western companies have wasted too much time and energy replicating the cost and quality advantages their global competitors already experience. Canon and other world-class competitors have taken a different approach to strategy: one of strategic intent. They begin with a goal that exceeds the company's present grasp and existing resources: "Beat Xerox"; "encircle Caterpillar." Then they rally the organization to close the gap by setting challenges that focus employees' efforts in the near to medium term: "Build a personal copier to sell for $1,000"; "cut product development time by 75%." Year after year, they emphasize competitive innovation―building a portfolio of competitive advantages; searching markets for "loose bricks" that rivals have left underdefended; changing the terms of competitive engagement to avoid playing by the leader's rules. The result is a global leadership position and an approach to competition that has reduced larger, stronger Western rivals to playing an endless game of catch-up.

Strategic Intent (Harvard Business Review Classics)

Hundreds of millions of people in China, India, Indonesia, and Brazil are eager to enter the marketplace. Yet multinational companies typically pitch their products to emerging markets' tiny segment of affluent buyers, and thus miss out on much larger markets further down the socioeconomic pyramid -- which local rivals snap up. By applying the authors' recommendations, you can position yourself to compete innovatively in developing countries -- and to unlock major new sources of revenue for your business.

The End of Corporate Imperialism (Harvard Business Review Classics)

Lieberthal, Kenneth

Harvard Business Press

See the best price to sell, buy, or rent books by PRAHALAD, C.K.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by PRAHALAD, C.K.

See the best price to sell, buy, or rent books by PRAHALAD, C.K.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

The New Age of Innovation: Driving Cocreated Value Through Global Networks

The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits

The Fortune at the Bottom of the Pyramid

The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits: 5th Anniversary Edition

The Multinational Mission: Balancing Local Demands and Global Vision

Competing for the Future

Competing for the Future

The New Age of Innovation: Driving Co-created Value Through Global Networks

Strategic Intent (Harvard Business Review Classics)

The End of Corporate Imperialism (Harvard Business Review Classics)