Praful bafna Hitesh Patel Rahul s verma Samiksha harane Vikash kanodia Ashutosh pratap singh Surya pankaj “Rewrite the rules but retain the values”
Chase your Dreams but don’t
Compromise on your Belief System Kishore biyani is a shy aggrsessor , a visionary operator and a non-confrontational warrior. Birth and education KB was born 9th august 1961he . He was the second son of shri laxmi narayan biyani and Smt godavari biyani in Mumbai. He grew up with 12 cousins and siblings and went to manav mandir high school. He did his graduation from HR college in mumbai Childhood and Teenage years
As a child he was average in studies. He loved
playing cricket and watching movies. He was always a rebel in his family questioning every social and religious norm. At college he rarely attended classes. He never enjoyed working in his family business. First entrepreneurial venture.
He organized a KB started his
successful dandia night entrepreneurial career in his locality. This is by selling stone wash were he showed his first fabric. He managed to sparkle of sell lakhs of worth of entrepreneurial talent. fabric. This is were he made his first profit. Rise of maverick He first launched brand of fabric named wbb (white, blue and brown).The brand enjoyed a short success. He then launched patloon a retail venture dealing in men’s wear. He then eshtablished a small fancy-yarn plant by the name of dhruv synthetic in partenership of sushil sain,krishna jhujunwala each contributing 3 lakhs. The journey continues
At the same time took the distributorship of
denims made by arvind mills. Menz wears private limited was incorporated in 1987.its name was later changed to pantaloon. First franchise of pantaloon opened in goa in 1991 by the name of pantaloon shoppe. At its height there were 72 franchises across countries. Pantaloon went public in 1992 to raise 225 lakhs. The new beginning KB’s foray into retail: First pantaloon retail outlet opened in garihat kolkata in 1997. It stocked apparel for men and women, stationery ,sports goods, gifts toys and household items. Although kB wasn’t the pioneer in organized retail but his vision ,creativity and entrepreneurial talent steered him through his competitors. An adventure called big bazaar
First big bazaar opened in vip road
kolkata . Sravanas in chennai was the inspiration behind big bazaar.. Why big bazaar are big Big bazaars reflect the look and feel of indian bazaar so that no customer gets intimidated by the surrounding. Big bazaar are consciously designed to look crowded. Each big bazaar is different keeping in mind the test of indian customers. All the future group retail outlets are mechendise driven rather than being operation driven. Expenditure on advertisement and brand building. FUTURE GROUP BUSINESS BRANDS KEY FORMAT NO.OF OUTLETS Big bazaar Hyper market chain 97 Pantaloons Fashion store 45 Food bazaar supermarket 136 Kb’s fair price Food category 102 Future money Consumer finance 150 Electronic bazaar electronics 90 Furniture bazaar furniture 85 Planet sports Sports accesorries 54 depot Books n music 112 Lee cooper Fashion for young 31 Shoe factory footware 17 BOLLYWOODS DREAMS. Core values of future group We like simplicity in our ideas. We like to learn while we execute. We believe customers are always right. We take pride in our value of indianess. We build and nurture relationship. We believe in ourself. We love to rewrite rules ,even as we retain values. k.b’s business funda. If you want yourself to be heard you have to shout.
Business is simple not a rocket science
Branding is most important in retail business
FUNDA CONTINUES…. A salesman should never look smarter than customer. Create lowest price preposition in customers mind.
“CHANNE KE BHAAV KAJU”
“STALL KE BHAAV BALCONY”
Business should be customer driven against product
driven. REWARDS AND RECOGNITION International retailer of the year Coca cola golden spoon awards in 2008 Ernst and young entrepreneur of the year World retail congress awards in year 2007 Hewitt best employee awards in year 2006 Cnbc indian business leader awards Retail Asia pacific top 500 awards
And list goes on and on and on………..
KISHORE BIYANI’S PHILOSOPHY ON LEADERSHIP
•Leadership is not about delegation, its
about abdication
• K.B believes in open door policy.
KISHORE BIYANI’S PHILOSOPHY ON ORGANISATION
Every organisation Needs a :
Brahma a creator Vishnu the protector Shiva the destroyer
•K.B does not fear people making mistakes.He fears
the absence of creative constructive and entrepreneurial energy in people. IT HAPPENED IN INDIA. Kb’s autobiography Story of big bazaar pantaloons and great indian consumer One of the best selling management book Happy shopping