final ppt kishore biyani
TRANSCRIPT
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Man behind Future Group
MR. KISHORE BIYANIKing of Retail
Presented by:ASUTOSH GUPTA
VIJAY TIWARY
SIABIHARI SHARMA
AMARJIT KUMAR
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KB was born 9th august 1961 . He was the second son of shrilaxmi narayan biyani and Smt godavari biyani in Mumbai.
He grew up with 12 cousins and
siblings and went to manavmandir high school.
He did his graduation from HR
college in mumbai
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As a child he was average in studies. He lovedplaying cricket and watching movies.
He was always a rebel in his family questioningevery social and religious norm.
At college he rarely attended classes.
He never enjoyed working in his family business.
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He organized a successfuldandia night in his locality.This is were he showed his first
sparkle of entrepreneurialtalent.
KB started his entrepreneurialcareer by selling stone washfabric. He managed to selllakhs of worth of fabric. This iswere he made his first profit.
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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 inmens wear.
He then eshtablished a small fancy-yarn plant by thename of dhruv synthetic in partenership of sushil
sain,krishna jhujunwala each contributing 3 lakhs.
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At the same time took the distributorship ofdenims made by arvind mills.
Menz wears private limited was incorporated in1987.its name was later changed to pantaloon.
First franchise of pantaloon opened in goa in 1991by the name of pantaloon shoppe. At its height
there were 72 franchises across countries.Pantaloon went public in 1992 to raise 225 lakhs.
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KBs 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 wasnt the pioneer in organized retail but hisvision ,creativity and entrepreneurial talent steered himthrough his competitors.
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yFirst big bazaar opened in vip road kolkata .
ySravanas in chennai was the inspirationbehind big bazaar..
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y Big bazaars reflect the look and feel of indian
bazaar so that no customer gets intimidated by thesurrounding.
y Big bazaar are consciously designed to lookcrowded.
yEach big bazaar is different keeping in mind thetest of indian customers.
y All the future group retail outlets are mechendisedriven rather than being operation driven.
y
Expenditure on advertisement and brand building.
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Future group business
BRANDS KEY FORMAT NO.OF OUTLETSBig bazaar Hyper market chain 97
Pantaloons Fashion store 45
Food bazaar supermarket 136
Kbs fair price Food category 102Future money Consumer finance 150
Electronic bazaar electronics 90
Furniture bazaar furniture 85
Planet sports Sports accessories 54
depot Books n music 112
Lee cooper Fashion for young 31
Shoe factory Footwear 17
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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.
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Leadership is not about delegation, its
about abdication
K.B believes in open door policy.
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Every organisation Needs a :Brahma a creatorVishnu the protectorShiva the destroyer
K.B does not fear people making mistakes.He fears theabsence of creative constructive and entrepreneurialenergy in people.
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IT HAPPENED IN INDIA.
Kbs autobiography
Story of big bazaarpantaloons and greatindian consumer
One of the best sellingmanagement book
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Key points to his successy 1] India was the Second highest Populated Country in
the World
This made his barriers a little easy, He had the consumers
in hand, he just needed to get in the right way to drive the
customers to his outlets.
y 2] Capital Availability.
Good Credit rating led the Biyani, to receive a good
amount of capital and support form the Market.
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y 3] Revolution.
India was on the move of revolution, when he entered
in this business, people not only welcomed him, butled him to lead the retail business
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Awards and Recognitionsy 2006 Ernst & Young Entrepreneur of the Year award.
y 2006 Lakshmipat Singhania - IIM Lucknow YoungBusiness Leader award
y 2006 CNBC First Generation Entrepreneur of the Year
award.
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yDoing Business in India, is not
easy, but its easy if you have theright Business. - Kishore Biyani.
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