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Title: Learning to Lead
Authors: C K Prahalad
Issue/Year: Apr-2005
Section: Perspectives
Abstract: In recent years, Indian economy may have progressed to a point where it need not be satisfied with ‘catching up’ but can move on to become a source of innovations for the world. If Indian industry can capitalize on the global trends—co-creation of value with consumers, focusing on the poor as a market, and restructuring the value chains in global firms—the opportunities for innovation are limitless. These are illustrated by taking five specific Indian examples from the following: hospitality industry, adult education, automotive industry, health care, and communications and computing.
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