KISHOREBIYANI AKKI
-
Upload
akshayakki-akki -
Category
Documents
-
view
228 -
download
0
Transcript of KISHOREBIYANI AKKI
-
8/2/2019 KISHOREBIYANI AKKI
1/15
KISHORE BIYANI
-
8/2/2019 KISHOREBIYANI AKKI
2/15
Family Background
.Inthesummerof1935,BansalLalBiyaniarrivedinthecit
yofMumbai(thenknownasBombay)fromNimbi,Rajasthan.
He started a business selling dhotis and sarisAs thebusinessstartedtopickup,hecalledhissixsonstohelphim.
Lateron,itwasestablishedasafamilybusiness.
-
8/2/2019 KISHOREBIYANI AKKI
3/15
THE DAWN OF THE RETAIL KING
kishore
wasbornassecondsonofShriLaxmiNarayanBiyanion 9th august,1961He wasbrought
upinanextremelytraditionalfamilyHedidhisschoolinginManavMandirhighschool
-
8/2/2019 KISHOREBIYANI AKKI
4/15
CHILDHOODDAYS Rightfromchildhoodhewasrationalandinsistedonlogicalexplanationstohisquestions Evenwhileplayingcrickethenevergaveupandheencouragedhisteammem
berstogivetheirbest,eveniftheyweredestinedtolose.Andhedideverythingtowinit. Hestronglybelievedinhimself.AnilbiyanisaysIstillremember,whileplayinggamesasakidhewouldsay,youcanbeinramsteamIwillbeinravansteam
-
8/2/2019 KISHOREBIYANI AKKI
5/15
JACKOFALLTRADES HejoinedinH.R.CollegeinMumbaianddidacommercedegree Helea
rnttyping Didacourseinimportandexportofgarments Joinedaprogrammerunbythesilkmanufacturersassociation,sasmira Studiedadvertisements,attendedmarketingseminarsanddidacourseinmarketing
-
8/2/2019 KISHOREBIYANI AKKI
6/15
INITIALDAYS Herefusedtojointhefamilytrade.HesaysMyfamily,likemanyotherentrepreneurs,werepreservers.Iconsidermyselftobebo
thcreatoranddestroyer Enteredintobusinessbysellingstonewashfabrictosmallshopsandgarmentmanufacturers. Thentriedhishandinmultiplebusinesses,somefailed,someweremoderatelysuccessful.Butthesecontributedtohisunderstandingofcustomersandthefounda
tionoftheorganisation.
-
8/2/2019 KISHOREBIYANI AKKI
7/15
LaunchedabrandoffabricformenstrousersnamedWBBIn1985,startedhisfirstretailshopsellingreadymadetrou
sers,namedPatloon. In1986,theysetupasmallfancy-yarnplantatTarapur,namedDhruvSynthetics.Ithadtobeshutdownduetolabourproblems. MeanwhilehehandledthedistributionofdenimsmadebyArvindmills.
-
8/2/2019 KISHOREBIYANI AKKI
8/15
TURNINGPOINTS AdventofdenimsandacceptanceofreadymadegarmentsinIndia In1987,ManzWearPvt.Ltd.wasincorporated.ThislaterchangedtoPantaloonFashionandsubsequentlytoPantaloonRetail. LaunchedtheirownjeansbrandBareNecessities In1992,announcedaninitialpublicoffer(IPO) In1997,theyenteredmodernretail In2001,firstthreebigbazaaroutletswereopened
-
8/2/2019 KISHOREBIYANI AKKI
9/15
BUSINESSSTRATEGIES HehadstrongbeliefinIndiasvastanddiversemarket HeregisteredhisbrandwithaAmericannameJohnMillerwithataglineashirtinspiredbyAmerica Hewasthefirsttointroduceexchangeoffers SmallstoreformatGoaLargestoreformatKolkata
-
8/2/2019 KISHOREBIYANI AKKI
10/15
Helearnedthetricksoftradefrominternationalbusinessmagnatesandalsofromhisownmistakes Manufacturingapparelseitherattheirownfactoryorbybusinesspartners,thishelpedinp
rovidinggoodsatlowerprices HedesignedhisoutletstosuittheneedsofIndiancustomer.Customersweremostimportanttohim. Anumberofpeopledirectlyreportedtohimandhehadcontrolovertheorganisation
-
8/2/2019 KISHOREBIYANI AKKI
11/15
LEADERSHIPQUALITIES AKEENOBSERVER Choosingarightlocation ChoosingIdealp
eople HASHISOWNVISION Delivereverything,everywhere,toeverycustomersinthemostprofitablemanner. ALLunderONEROOF AINNOVATIVEPERSON KBSwholesalemarket RETAILMEDIAconcepts Mementics
-
8/2/2019 KISHOREBIYANI AKKI
12/15
KISHOREJISKINGDOM Pantaloons-40 Central-7 Bigbazaar-90 Foodbazaar-135 Brandfactory-6 Hometown-7 Collection-13 EZone-
37 Electronicsbazaar-90 Furniturebazaar-85 Planetsports&sportswearformats-54 Depot-112 KBsfairprice-72 Shoefactory-17 Etam-15 Leecooper-31 Staples-2 Indusleagueformats-102 Futuremoney-120 Otherspecialityformats-97
-
8/2/2019 KISHOREBIYANI AKKI
13/15
SUCCESSSTORY 2006Ernst&YoungEntrepreneuroftheyearaward 2006LakshmipatSinghaniaIIMLucknowYoungBusinessLeaderAward 2006CNBCFirstGenerationEntrepreneuroftheYearAward PantaloonretailwasawardedTheInternationalRetailer2007byUSbasedNationalRetailFederation. Inthefinancialyear2008-
09Futuregroupgot650croreprofitwithhighestmargininretailindustry
-
8/2/2019 KISHOREBIYANI AKKI
14/15
WhatWECANlearnfromKB? SIMPLICITYinideas SPEEDistheessenceofeverything LEARNINGwhileEXECUTION LIKINGTHRIFT
-
8/2/2019 KISHOREBIYANI AKKI
15/15
BUILDINGANDNUTURINGRELATIONSHIP THINKINTERMSOFTHEMAJORITYOFPEOPLE REWRITERU BELIEVEINCUSTOMERS COREVALUESOFINDIAN-NESS BELIEVEINOURSELVES BEANOPTIMISTLES,RETAINVALUES