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