KISHORE BIYANI
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Transcript of KISHORE BIYANI
Kishore Biyani:life and works
Presented by group no:Praful bafnaHitesh Patel
Rahul s vermaSamiksha haraneVikash kanodia
Ashutosh pratap singhSuryapankaj
“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.
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
Birth and education
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.
Childhood and Teenage years
He organized a successful dandia night in his locality. This is were he showed his first sparkle of entrepreneurial talent.
KB started his entrepreneurial career by selling stone wash fabric. He managed to sell lakhs of worth of fabric. This is were he made his first profit.
First entrepreneurial venture.
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.
Rise of maverick
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 journey continues
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.
The new beginning
First big bazaar opened in vip road kolkata .
Sravanas in chennai was the inspiration behind big bazaar..
An adventure called big bazaar
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.
Why big bazaar are big
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.
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.
Core values of future group
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 PHILOSOPHYON ORGANISATION
Every organisation Needs a :Brahma a creatorVishnu the protectorShiva 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