Garry Hamel And Prahalad Case Study

Introduction
Garry Hamel and Prahalad is the one of recognized leader of theory in western Strategic Management.

Gary Hamel is the originator (with C. K. Prahalad) of the concept of core competencies. He is also the director of the Woodside Institute, a nonprofit research foundation based in Woodside, California. He was a founder of the consulting firm Strategos, serving as Chairman until 2003. The UTEK Corporation acquired Strategos in 2008 in an all stock transaction as reported by the SEC.
The Wall Street Journal ranked Gary Hamel as one of the world's most influential business thinkers,[3] and Forbes magazine has called him "the world's leading expert on business strategy".[4] In 2013, his name was not present on an updated version of the Wall Street Journal list.[5]
He is also a member of the Reliance Innovation Council formed by Reliance Industries Limited, India. (https://en.wikipedia.org/wiki/Gary_Hamel)

Coimbatore Krishnarao Prahalad who known as C.K, Prahalad was born in India. C.K.Prahalad is an influential global business thinker and he

The Icarus Paradox is the observed phenomenon of organizations that fail abruptly suddenly after a time of obvious achievement. The Icarus Paradox is that the same thing that had made him fruitful, get away from the jail and fly, is the thing that prompted his destruction. In his carelessness he got to be blinded to threats of flying excessively near the sun. This is what often happens with extremely effective organizations as well; they turn out to be exceptionally fruitful, which makes them overconfident and blind to the risks that threaten their business: Ultimately this may prompt their downfall (Miller, How Exceptional Companies Brings About Theor Own Downfalls,