He obtained his Ph.D. from Carnegie Mellon University in 1996, with his Doctoral thesis on Cost and Quality Considerations in Software Product Management.
At Michigan he is currently the co-director of the Center for Global Resource Leverage: India.
He also serves on the boards of many academic journals, and is Associate Editor of Management Science and Information Systems Research.
Prahalad entitled The New Age of Innovation on global resource leverage.
In 2004 Optimize Magazine named him one of the four power thinkers on Business Technology.