The guru of the bottom of the pyramid

C.K. Prahalad died on April 16th, age 68. I didn't even know he had died, until I read it in a recent issue of the Economist. Prahalad was known for his development of the core competency concept -- but will most be remembered for his ideas of the bottom of the pyramid -- and how profit motive could help lift the world's poor from poverty. His ideas have shaped -- and will continue to shape -- the strategies of businesses the world over, and give hope to those in developing countries who aspire for more.

in reference to:

"He taught the world’s biggest companies to think of themselves anew, as a “portfolio of competencies” rather than as a “portfolio of businesses”. He taught everyone to see the developing world not as an also-ran but as a vortex of innovation and creativity. The world of management theory has more than its fair share of charlatans, but C.K. Prahalad was the genuine article."
- Schumpeter: The guru of the bottom of the pyramid | The Economist (view on Google Sidewiki)