The New Conglomerates

The New Conglomerates

Knowing C.K. Prahalad, it is unlikely the man saw his theory of core competence (propounded with fellow management guru Gary Hamel in the early 1990s in an article titled Core Competence of the Corporation that appeared in Harvard Business Review) as some sort of commandment that companies all over the world needed to follow. That, though, is how the favourite buzz word of the 1990s is often seen in India, with analysts and journalists peppering CEOs of recently- diversified companies with questions on how the dots join together. Fact is, there is such a thing as core ...