Suresh Srinivasan

Distinguished Professor
Great Lakes Institute of Management

Area of Expertise: Strategy & Accounting

Dr. Suresh Srinivasan, is a PhD (Strategy) from IIT Madras, a Chartered Accountant (All India Rank Holder), Cost Accountant and an MBA from Bradford Business School, Bradford, UK.

He has more than 33 years’ experience in a wide range of manufacturing, banking, service and infrastructure industries, both in India and abroad. Has worked for 8 years in Emirates Airlines, the largest carrier in the Middle East across functions including Strategy, Finance and Accounting across various businesses of the airline that includes Airline, Airports, Financial Services, Security services, Hospitality and international joint ventures.

He has also worked with other leading companies like Tata Steel and Industrial Development Bank of India. During his tenure with the French-American joint venture company ETPM – McDermott, a Texas based oil and gas infrastructure company, covering Middle East and Asia Pacific regions, his role was focused into infrastructure project tendering, analysis and project financing.

Current roles include, Distinguished Professor - Strategy & Accounting at Great Lakes, and Associate Director with International Infrastructure Consultants (IIC) in Chennai, a niche financial and management advisory firm focused into infrastructure. He is also a partner in LearnBiz Simulations, providing simulation based experiential management learning to academics and corporate.

Regularly conducts management development programs and consulted with companies across sectors like manufacturing, automobiles, airlines, ports, information technology, pharmaceuticals, business process management, insurance, earth moving equipment, banking, financial services, healthcare, infrastructure and construction. Advised boards and senior managers in the areas of strategic thinking, analytical thinking, strategic planning, competitiveness, executing strategy on ground, strategic turnaround, transcending functional boundaries, finance for non-finance and organizational development.

LIST OF REPRESENTATIVE PUBLICATIONS

CASE STUDIES

• Suresh Srinivasan, Swathi Agarwal, SameeraSepuri, (2018) - Thyrocare: Disrupting the Indian Diagnostic Industry, Published in 2020 with Ivey and is accessible in the Harvard Business Publishing site.

https://hbsp.harvard.edu/search?N=&Nrpp=25&Ntt=thyrocare&searchLocation=header

The case has bagged one of the two top positions, globally; 'Overall Winner - Second place' globally in the ISB-IVEY Global Case Competition 2018; This global competition is judged through a double blind review process and comes with a cash prize of US$2000, royalty on sales and to be published in Ivey and distributed through Ivey/ Harvard Publishing.

RESEARCH PAPERS & BOOK CHAPTERS (PEER REVIEWED PUBLICATIONS)

• López-Cabarcos, M. Á., Srinivasan, S., & Vázquez-Rodríguez, P. (2022) 'An approach to firm's innovation from the explicit and tacit knowledge spiral', Accepted for publication in Knowledge Management Research & Practice.
• López-Cabarcos, M. Á., Srinivasan, S., & Vázquez-Rodríguez, P. (2020) 'The role of product innovation and customer centricity in transforming tacit and explicit knowledge into profitability', Journal of Knowledge Management, Vol. 24 No. 5, pp. 1037-1057. https://doi.org/10.1108/JKM-02-2020-0087
• Srinivasan Suresh, Gupta Mahima, Jayaraman Vaidy. (2021). Deconstructing Corporate Value Creation; Evidence from Indian Information Technology Enabled Service (ITeS) companies. Accepted for publication in Benchmarking: an international journal. 
• López-Cabarcos, M. Á., Srinivasan, S., Göttling-Oliveira-Monteiro, S., & Vázquez-Rodríguez, P. (2019). 'Tacit knowledge and firm performance relationship. The role of product innovation and the firm level capabilities'. Journal of Business Economics and Management, 20(2), 330-350. https://doi.org/10.3846/jbem.2019.9590
• Viswanathan, P. K., Srinivasan, S., & Hariharan, N. (2020). Predicting financial health of banks for investor guidance using machine learning algorithms. Journal of Emerging Market Finance, 19(2), 226-261. doi: 10.1177/0972652720913478
• Srinivasan, S., Thenmozhi, M., & Vijayaraghavan, P. (2020). PERFORMANCE IMPLICATIONS OF DIVERSIFICATION STRATEGIES DURING INSTITUTIONAL TRANSFORMATIONS: AN EMERGING MARKET STUDY. Asia-Pacific Management Accounting Journal, 15(3), 25-59.
• Srinivasan, S., Thenmozhi, M.. and Vijayaraghavan., P. (2019). 'Who drives corporate diversification: Owners or managers?' Journal of Management Research, 19(4), 267-284.
• Srinivasan, S., Thenmozhi, M., & Vijayaraghavan, P. (2016), 'Product Diversification Deciphered'. Global Business and Management Research: An International Journal, 8(2), 38-52.
• Book Chapter: ‘Orchestrating Sustainable Stakeholder Value Creation: A Product Life Cycle Extension Perspective’, Suresh Srinivasan and Vaidyanathan Jayaraman, 2020, in ‘Pursuing Sustainability: OR/ MS Applications in Sustainable Design, Manufacturing, Logistics, and Resource Management’, Chialin Chen, Yihsu Chen and Vaidyanathan, Jayaraman, Springer, 2020 (forthcoming).
• Suresh, S., Thenmozhi, M. and Vijayaraghavan, P. (2006), 'Impact of diversification strategy on firm performance: An entropy approach'. The ICFAI Journal of Applied Finance, 12(11), 27-48.
• Suresh, S., Thenmozhi, M. and Vijayaraghavan, P. (2005), 'Stock Market Reaction to Corporate Strategic Decisions. Proceedings of Ninth Capital Markets Conference', Indian Institute of Capital Market, Mumbai, December, 19-20 2005, pp. 1-19.

COPYRIGHT

• Royalty recipient of copyrighted 'strategy simulation' in the Information Technology enabled Services (ITeS) domain 'Metochos Axia' extensively used by corporate and business schools.

PRESS ARTICLES

(Popular ones)

• How to prepare for a management consulting job, Financial Express (national), Aug 2018
• General Electric; end of an era, or the beginning? Pure Strategy, Sep 2017
• TCS at 50 and counting, Pure Strategy, Sep 2017
• Why aspiring managers must take AIMLA seriously? Pure Strategy, Sep 2017
• Over the top wars; the growth of OTT content providers, Pure Strategy, Sep 2017
• Stressed Assets Reforms needs to be celebrated. Pure Strategy, Oct 2018
• Grappling with data security, right to privacy, Pure Strategy, Sep 2018
• Bank scams, the mere tip of the ice berg, Pure Strategy, Sep 2018
• Leading a company or the nation; a long term view, Pure Strategy, Aug 2018
• How prepared are you to take on a managerial role? Pure Strategy, Aug 2018
• LIC's equity investment into IDBI bank, Advanc'edge, Nov, 2018
• Online aggregators; customer centricity can never become outdated! Advanc'edge, Nov, 2018
• Global economic volatility; India implications, Advanc'edge, Nov, 2018
• TCS; its journey and impact, Advanc'edge, Oct, 2018
• General Electric ousted from Dow Jones Industrial Average Index, Advanc'edge, Oct, 2018
• The Entry of Reliance into e-commerce, Advanc'edge, Oct, 2018
• Proposed Direct Tax code, Advanc'edge,Sep 2018
• Air Asia Governance & Tata's involvement, Advanc'edge,Sep 2018
• The rise and rise of food delivery aggregators, Advanc'edge,Sep 2018
• The Indian rupee; all is well? Advanc'edge,Aug 2018
• Artificial Intelligence, Machine Learning and Analytics (AIMLA); Why students should understand these? Advanc'edge,Aug 2018
• Global Trade War US, China and India, Advanc'edge,Aug 2018
• Air India divestment plan shelved? Advanc'edge, Jul 2018
• Tata motors Turnaround, Advanc'edge, Jul 2018
• Modi government; the 4 year achievements, Advanc'edge, Jul 2018
• What cooking with crude oil? Advanc'edge, Jun 2018
• Bhushan Steel Sale; Setting Precedence, Advanc'edge, Jun 2018
• Flipkart Walmart deal, Advanc'edge, Jun 2018
• Walmart's new India avatar, Advanc'edge, May 2018
• The issue of data security deficit, Advanc'edge, May 2018
• Bank scams; are they mere tip of the iceberg? Advanc'edge, May 2018
• Public sector units; should the government continue to run them? Advanc'edge, Apr 2018
• Are 'free markets' a fading dream? Advanc'edge, Apr 2018
• General state of the Indian and world economy; why you need to care? Advanc'edge, Apr 2018
• Do we need to really worry about the PNB Fraud? Advanc'edge, Mar 2018
• How Netflix and Amazon Prime could disrupt across the entertainment and content industry, Advanc'edge, Mar 2018
• Budget 2018-19, Advanc'edge, Mar 2018
• New Educational Institutions Will Be An Intense Move, Business World, Feb 2018
• Budget 2018: The need to focus on Job Creation, People Matters, Feb 2018
• Budget 2018: What India needs is privatization, not mere disinvestments, Business Today Online, Jan 2018
• Air India Privatization; lessons from the past, Financial Express (national edition), 01 Dec 2017
• India has yet to get over GST pains, The National UAE, 16 Oct 2017
• Studies Needn't be so taxing; Dr Vaidy and Suresh Srinivasan, Economic times, 26 July
• TiE Chennai Along With Learn Biz Simulations Organized "Simulation Based Entrepreneurship workshop; http://bwdisrupt.businessworld.in/article/TiE-Chennai-Along-With-Learn-Biz-Simulations-Organized-Simulation-Based-Entrepreneurship-workshop-/13-04-2017-116267/
• Budget the finance minister must walk the tight rope; Hindu Businessline, Pure Strategy, Jan 2018
• Right to Privacy; a myth, Hindu Businessline, Pure Strategy, Nov 2017
• Global Indian Auto makers are preparing for EVolution , Hindu Businessline, Pure Strategy Oct 2017
• What's the problem at McDonalds India?? Hindu Businessline, Pure Strategy, Oct 2017
• ONGC-HPCL Merger; whats the message?  Hindu Businessline, Pure Strategy, Sep 2017
• Are we better equipped to address the stressed assets problem? Hindu Businessline, Pure Strategy, Sep 2017
• The power of financial investors in technology companies, , Hindu Businessline, Pure Strategy, Sep 2017
• How Grofers and Micromax recovered lost ground by tweaking product, pricing, Business Standard, Feb 2018
• The Conundrum of telecom bailout, Hindu Businessline, Pure Strategy, Jul 2017
• Shriram-IDFC Bank merger; an assured win-win, Hindu Businessline, Pure Strategy, Aug 2017
• The Jeff Immelt era in GE could well make Edison proud, Hindu Businessline, Pure Strategy, Jul 2017
• Do we need to really worry about the PNB Fraud? Advanc'edge, Mar 2018
• How Netflix and Amazon Prime could disrupt across the entertainment and content industry, Advanc'edge, Mar 2018
• Budget 2018-19, Advanc'edge, Mar 2018
• PM Modi at the world economic forum in Davos; Highlights, Advanc'edge, Feb 2018
• Expectations; 2018-19 Union Budget, Advanc'edge, Feb 2018
• Indian economy snapshot, Advanc'edge, Feb 2018
• Bitcoin; emerging, Advanc'edge, Dec 2017
• Paradise paper leaks, Advanc'edge, Dec 2017
• What has the 2016 demonetization achieved? Advanc'edge, Dec 2017
• What's happening in India's education sector? Advanc'edge, Nov 2017
• Is the economy in really in a bad shape? Advanc'edge, Nov 2017
• What's cooking at the Tata Group? Advanc'edge, Oct 2017
• Consolidation at sectoral level gaining pace, Advanc'edge, Sep 2017
• Food Retail industry in India; major developments, Advanc'edge, Aug 2017
• Tata Sons leadership under N. Chandra; the quick wins, Advanc'edge, Aug 2017
• US and climate change: Expecting the unexpected? Advanc'edge, Jul 20173. 
• Change of guard at GE: A new era dawns, Advanc'edge, Jul 2017
• Job losses in ITeS: How big a concern is it? Advanc'edge, Jun 2017
• Flipkart eyes Snapdeal acquisition: An analysis, Advanc'edge, Jun 2017
• Regulating real estate: RERA to the rescue? Advanc'edge, Jun 2017
• Indian ITeS sector now at a crossroads, Advanc'edge, May 2017
• IPL and its impact on the Indian economy, Advanc'edge, May 2017
• Flipkart acquires eBay India: What's the scenario now? Advanc'edge, May 2017
• Trump reality; India impact, Advanc'edge, Apr 2017
• Tata Motors revival; still a dream? Advanc'edge, Apr 2017
• Impact of BJP's UP electoral win, Advanc'edge, Apr 2017
• Governance in Public sector banks; still a concern,  Hindu Businessline, Pure Strategy, Mar 2017
• Infosys: Focus on Corporate Governance issues, Hindu Businessline, Pure Strategy, Mar 2017
• Acid Test of India's institutional strength, Hindu Businessline, Pure Strategy, Feb 2017
• Is demonetization a firm foot towards digitalization, Hindu Businessline, Pure Strategy,Feb 2017
• FDI in market place; what changes have regulations brought? Hindu Business line, Pure Strategy, Jan 2017
• Monetizing IoT: How far are we? Hindu Businessline, Pure Strategy, Jan 2017
• Trump reality; India impact, IMS Business, Mar 2018
• Tata Motors revival; still a dream? IMS Business, Mar 2018
• Impact of BJP's UP electoral win, IMS Business, Mar 2018
• Budget 2017, IMS Business, Feb 2018
• Is there a problem in Infosys?, IMS Business, Feb 2018
• Reliance Jio vs. the rest, IMS Business, Feb 2018
• NDA Government - almost three years of rule; hits and misses, IMS Business, Feb 2017
• Demonetization; a boon for financial technologies, IMS Business, Feb 2017
• Budget Expectations 2017, IMS Business, Feb 2017
• Cyrus Mistry vs. Tata Trusts, IMS Business, Dec 2016
• Digitalization, IMS Business, Dec 2016
• Demonetization 2016, IMS Business, Dec 2016
• Spotlight on independent directors in Tata firms Column 'Pure Strategy' Nov 2016 Hindubusiness
• Why consolidation is gaining pace in the auto industry, Column 'Pure Strategy' Nov 2016 Hindubusiness
• Urjit Patel's first monetary policy, IMS Business, Nov 2016
• US Elections: Clinton vs. Trump, IMS Business, Nov 2016
• Stock market crash; why do they happen? IMS Business, Nov 2016
• Has Jio really disrupted the telecom industry? Column 'Pure Strategy' Oct 2016 Hindubusiness
• Tata group portfolio pruning: too little, too late? Column 'Pure Strategy' Oct 2016 Hindubusiness
• Reliance Jio, IMS Business, Oct 2016
• India e-commerce scenario, IMS Business, Oct 2016
• Tata Group portfolios restructure, IMS Business, Oct 2016
• Shareholder activism: still a distant dream? Column 'Pure Strategy' Sep 2016 Hindubusiness
• Why small companies are ahead in disruptive innovations, Column 'Pure Strategy' Sep 2016 Hindubusiness
• India ready for Goods and Services Tax (GST), IMS Business, Sep 2016
• The Aditya Birla Group restructures; why the markets are unhappy? IMS Business, Sep 2016
• Tesla and its autonomous car; what comes in the way of disruptive innovation? IMS Business, Sep 2016
• Britain Exit from European Union, IMS Business, Aug 2016
• RaghuramRajan exit, IMS Business, Aug 2016
• ITC; a benchmark for other Indian companies, IMS Business, Aug 2016
• Modi's recent US visit, 2 years in power and others, IMS Business, Jul 2016
• Recent acquisitions and their rationale, IMS Business, Jul 2016
• Indian Bankruptcy Law; implications, IMS Business, Jun 2016

BLOGS

• Pure Strategy, Business Line on Campus - https://www.bloncampus.com/columns/pure-strategy/

CONFERENCES

• Suresh, Srinivasan and Thenmozhi, M. and Vijayaraghavan, P., Stock Market Reaction to Corporate Strategic Decisions. Indian Institute of Capital Markets 9th Capital Markets Conference Paper. Available at SSRN: https://ssrn.com/abstract=873987 or http://dx.doi.org/10.2139/ssrn.873987
• Suresh, S., Thenmozhi, M. and Vijayaraghavan, P. (2005), Impact of diversification strategy on firm performance: An entropy approach. Proceedings of International Conference on Business and Finance, ICFAI University and Philadelphia University, Hyderabad, December, 2005.
• Suresh, S., Thenmozhi, M. and Vijayaraghavan, P. (2007), Effect of Ownership Dynamics on Firm Diversity-Performance Relationship. Proceedings of International Conference on Global Academy of Business and Economic Research, Bangkok, Thailand, Dec 27-29, 2007
• Suresh, S., Thenmozhi, M. and Vijayaraghavan, P. (2009), Effect of Ownership Dynamics on diversification performance relationship during institutional transition: The India experience. Corporate Finance and governance in Emerging Markets Conference, Guanghua School of Management, Peaking University, Beijing, 23-25 August 2009

OTHER ACHIEVEMENTS

• As a partner in Learn Biz Simulations, the company that develops and markets business simulation games to business schools and corporate, Dr Suresh Srinivasan has developed a number of simulation games that are extensively used across business schools and corporate. Through this initiative Dr Suresh Srinivasan is a key proponent in developing and delivering experiential learning solutions to aspiring and young managers in the country.
• Has delivered a number of management development programs across industries to various levels of managers; from board and senior management level to middle and entry level managers. MDPs include City Union Bank, L&T (Strategy Workshops), CUMI (Strategy workshops), Hyundai (Strategy workshops) to name a few.
• In a number of occasions; a regular speaker in forums like Madras Management Association, Guest lectures in a number of business schools, TiE, forums organized by the business press, etc,.