The family of the late Professor Coimbatore Krishnarao Prahalad (C. K. Prahalad) will accept the Viipuri Prize for Professor Prahalad at the 2nd Global Peter Drucker Management Forum in Vienna, Austria, on Friday, 19 November 2010. The two-day forum draws attention with its league of world-class speakers from academic and corporate backgrounds, who will engage in dialogues on the future of management from 18 to 19 November.
The Viipuri Prize is a tribute to C.K. Prahalad’s achievements in the field of economics. It is handed to the recipient by the School of Business of Lappeenranta University of Technology (LUT), Finland.
”The Viipuri Prize is our way of honoring distinguished members of the international academic community whose work inspires our own research efforts. The LUT School of Business widely applies the strategic concepts and models developed by Prahalad,” says Dean Jaana Sandström of the School of Business.
Prahalad, most recently employed by the University of Michigan, wrote a number of books dealing with strategy and management. The publications revolutionized the corporate world. In the past decade, Prahalad in collaboration with business guru Gary Hamel developed the concepts of core competence and strategic intent, which have become key notions in management since.
Viipuri Prize
The Viipuri Prize was founded in 2002 and is now awarded for the fifth time. The prize of 10.000 Euros is granted every other year for outstanding achievements in strategy research that have significantly supported and promoted the research carried out at the LUT School of Business. The recipient is announced by the Society for Viipuri School of Economics.
The previous recipients of the prize are Professor David Teece (University of California, Berkeley), Professor James G. March (Stanford University), Professor Peter Buckley (University of Leeds) and Professor Sidney G. Winter (University of Pennsylvania).
Lappeenranta University of Technology (LUT) is an international science university in South-east Finland with 5 500 degree students and 1 000 employees. LUT’s areas of expertise are energy efficiency and the energy market, the strategic management of business and technology, scientific computing and modeling of industrial processes, and expertise in Russian business and industry related to the areas above.
The LUT School of Business is a dynamic and agile teaching and research unit at Lappeenranta University of Technology (LUT). The school educates highly skilled and flexible professionals who understand the laws of economics while acknowledging the importance of technology as the driving force of business.
Contact information:
Professor Jaana Sandström
Dean of the LUT School of Business
tel: +358 40 571 6197; jaana.sandstrom@lut.fi
Web: http://www.vitako.fi/index_eng.html, http://www.lut.fi/en/business/Pages/Default.aspx
Peter Drucker Management Forum
E3 Communications
Romy Eckert
romy.eckert@e3-communications.com
Tel.: +49 (0)30 310 18 18-42