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© C.K. Prahalad1
India @ 75: Next Steps
C.K.Prahalad
Paul and Ruth McCracken Distinguished University ProfessorThe University of Michigan
July 30, 2009
© C.K. Prahalad2
Agenda For the Session
1. India @ 75 Agenda2. The Journey so far: Lessons learned3. Choice of “Big Issues” from India@754. Approach to Action5. Moving Forward
© C.K. Prahalad3
India @ 75
Actively Shape the Emerging World Order
Through
Economic Strength Technological Vitality Moral Leadership
© C.K. Prahalad4
The Potential of India
© C.K. Prahalad5
What India can be in 20221. World’s Largest Pool of Trained Manpower:
200 million college graduates (~16%) 500 million trained, skilled workforce (~40%)Universal Literacy
2. World’s Leaders in Industry and Commerce30 of Fortune 100 from India
3. India Accounts for 10 % of World TradeA broad scope of products and services
4. India as a Source of Global InnovationsNew Businesses, New Forms of Organization,New Technologies
© C.K. Prahalad6
What India can be in 20225. Focus on the Bottom of the Pyramid as a
Source of Innovations for the World(Leaders in Health, Education, Energy,
Transportation, Sustainable Development for all)
6. A Flowering of Art, Literature, and Science( 10 Nobel Prize Winners from India)
7. A New Moral Voice for People Around the World India as a country where Universality and
Inclusiveness is widely practiced. India becomesthe most Benchmarked country for its capacity toaccept and benefit from its diversity
© C.K. Prahalad7
The Journey
© C.K. Prahalad8
India@75 Journey
Sept. 23 2007
India
@7
5 S
peech
, N
ew
York
Focu
s G
roups,
40
00
+ P
eople
All
Soci
o-e
conom
ic S
trata
,Te
st t
he Idea
May 8,2008
Nati
onal Pre
senta
tion, V
ideo L
inks
CII, Yi
, B
CG
and C
II M
issi
on
June – Nov. 2008
Task
Forc
e M
eeti
ngs’
Meeti
ng w
ith P
olit
ical Le
aders
Sta
te L
evel B
ure
aucr
ats
Develo
pin
g S
tate
Level
India
@ 7
5 P
ers
pect
ives,
5,0
00
people
, 7
7 w
ork
shops,
17
Dis
tric
t Le
vel Pla
ns
Develo
pm
ent
of
Nati
onal V
isio
n:
The P
eople
s’ A
genda
Jan.-April 2009
August 2009 ----
Gett
ing it
Done
© C.K. Prahalad9
Key Aspects of India@75 informing Public Debate and Policy
India is a young country with 70% of the populationbelow the age of 35. To reap the “demographic dividend”,The Indian National Congress believes that there is an urgent need to put in place an extensive skill development programmeso that the employability of the youth is enhanced
Congress Manifesto 2009
India is currently estimated to have a total workforce of 500 million, which is expected to grow by 20 million every year over the next 10 years.
India’s demographic dividend can be realized only if the country invests indeveloping skills to make our youths employable
President’s address to Lok Sabha
© C.K. Prahalad10
India@ 75 Methodology
1. Not “Business as Usual” but Innovation2. Stretch Goals: Aspiration > Resources3. Fold the Future in4. Focus on Big Issues: e.g. Skills, Sustainability5. A sense of Urgency6. Focus on World Class7. Focus on Scale8. Non-Negotiables in Economic Development9. New Social Compact:
Private Sector- Govt.- Civil Society10.Excitement, Energy, Engagement, Empowerment
© C.K. Prahalad11
The “Sandbox” for Economic Development
Market BasedN
ew P
rice-
Perf
orm
ance
Leve
lsEn
viro
nmen
tally
Sust
aina
ble
Global Scale
Rule of Law,
Individual Rights
Social
Equity Focus
Innovations withinThese Constraints
© C.K. Prahalad12
The “Sandbox” for Economic Development
Market BasedN
ew P
rice-
Perf
orm
ance
Leve
lsEn
viro
nmen
tally
Sust
aina
ble
Global Scale
Rule of Law,
Individual Rights
Social
Equity Focus
Accountability for Performance Business, Politicians, Civil Society, Bureaucrats
© C.K. Prahalad
India@75: Big Issues
13
Skill Development
InclusiveUrbanization
SustainableDevelopment
500 Million300 New Cities ? “More for Less
for More”** RA Mashelkar
© C.K. Prahalad14
Let us Focus on Skill Development
Goals Implications 500 million Scale12 years UrgencyWorld Class RigorousMonetizable RelevantInclusive Affordable, AccessibleConsistency New Delivery Systems Innovation; Next Practices
© C.K. Prahalad15
Innovation Sandbox for Skill Development
Global Standards
Scale
Inclusion
Consistency
© C.K. Prahalad16
Skill Development “Innovation Sandbox”
Inclusion
ScaleConsistency
Global Standards
Stu
den
tR
ete
nti
on
,E
xcit
em
en
t
Standards,Assess-ment
Focu
sed
Reso
urce
s
LearningPlatforms
Rigor,
Relevance
Empowerment
Technology
Low cost,Remote Delivery
© C.K. Prahalad17
Moving Forward
© C.K. Prahalad18
Starting Points:1. India @ 75 has received broad acceptance among CII leadership, YI, people at large, media, bureaucrats, and politicians. The idea has Traction.
2. India’s development has been asymmetric. Deployment of India @ 75 will be different in different States and in Districts within States. We will start with a District as the focus for deployment effort.
3. Highly decentralized deployment requires a focus on quality. We need integrity to the concepts (non- negotiables as in TQM) and unique, locally relevant projects and priorities. It is National and Local at the same time.
© C.K. Prahalad19
Starting Points:4. India @ 75 provides opportunities for a large number of experiments. The type of experiment depends our imagination
5. India @ 75 deployment needs clarity to objectives and clarity to metrics. For example: Number of children not in School…..
6. India @ 75 needs continuity. Volunteers must commit time for a period of say 2 years. Further, we should work with teams of Volunteers
7. Building a local Coalition is key. Volunteers, CII, local NGOs, Bureaucrats and Politicians must be engaged
© C.K. Prahalad20
Starting Points:
8. Volunteers must internalize the message of India @75. It is not about “more of the same”. It is about Change. It is about Aspiration. It is about challenging “ground realities”. It is about an unshakable belief in India, Indians and its role in the world. This is not for those who say: “I agree, but……”
9. It is about sacrifice. It is about subordinating “private benefits to public benefits”. It is asking “what you can do for the country; not what it can do for you”*
10. It is about celebrating our privilege. Privilege comes with Obligations.
* John F. Kennedy
© C.K. Prahalad21
Transformation Requires:
Imagination Passion Courage Humanity Humility Intellect Luck !