ORIE Colloquium on 9/23/2014 - The Bangs Lectures, Sridhar Tayur: OR/OM Entrepreneurship in the 21st Century

Abstract: As an “Academic Capitalist”, I will discuss four startups that use Operations Management (OM) and Operations Research (OR). 1. Enterprise Supply-chain Software: SmartOps Corporation (acquired by SAP AG) I was the founder and CEO. I will discuss how I built the company and monetized my OR/ OM research in stochastic multi-stage inventory models. There is a Darden case on this. 2. Private Equity and Lean Manufacturing: CCG Inc. Founded by my MBA students, I was a Board member and a limited partner. I will discuss how small U.S. manufacturers can compete against (mainly Chinese) imports in a globally competitive marketplace. 3. Dynamic Ads in Video Games: Massive Incorporated (acquired by Microsoft) Co-founded by the wife of a friend of mine, my Ph.D. student John Turner and I provided the OR algorithms. 4. Reimagining Social Entrepreneurship: OrganJet + GuardianWings I am the founder and CEO. I will discuss how I am building this (partnering with insurance company Highmark). There is a HBS case on this “contract hybrid”, a new form of legal entity in the U.S., the first of its kind approved by the IRS.