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Strategy Essay

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Gary Hamel & C. K. Prahalad






Introduction

Gary Hamel and C.K. Prahalad have been recognized as one of the leaders of the theory of Strategic Management in the western management theory field.

Gary Hamel is a professor of strategic and international management at London Business School and chairman of Strategos, a strategy-consulting group.

C. K. Prahalad is the Harvey C. Fruehauf professor of Business Administration and a professor of corporate strategy and international business at the Graduate School of Business Administration, University of Michigan.

As consultants, they have worked in companies around the globe(1).

Hamel and Prahalad has changed the world of strategy management by their contribution on the subject. The strategic intent, core competences, the foresight has changed the strategic thinking dramatically. Their articles are of the highest quality - insightful, well written, informative and challenging. The Strategic Intent and one year later Core Competence of the Corporation have both won the Mc Kinsey award, and the Competing for the Future has even more successful,(2) which could be seen from the following comments:

More than 250,000 copies in print! Featuring a new preface by the authors. If there is room for only one management book on your reading shelf each year, this is it.
—The Washington Post

The year’s best management book.
—Business Week

[Hamel and Prahalad are] arguably the two most influential thinkers on strategy in the Western world.
—Peter M. Senge, author of The Fifth Discipline

[Hamel and Prahalad] seek to rehabilitate strategy by virtually reinventing it.
—Industry Week (1)


Main Works



Strategic Intent

The historical founding moment of their strategic management could be traced back to the publishing of the article "Strategic Intent", in May-June 1989. Hamel and C. K. Prahalad whom as Hamel’s co-author assert that in order to gain strategic leadership on a global scale,...

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Citations

MLA Citation

"Strategy". Anti Essays. 13 Dec. 2018

<http://snehaedu.com/free-essays/Strategy-547708.html>

APA Citation

Strategy. Anti Essays. Retrieved December 13, 2018, from the World Wide Web: http://snehaedu.com/free-essays/Strategy-547708.html