INTRODUCTION“Leader” as the name suggests the one who lead others and have an ability to influence others. A leader is a person who sets – “GOAL” “VISION” “MOTIVATES PEOPLE” “OBTAINS THEIR COMMITMENT” in order to achieve the objective
A successful leader should possess certain traits of Leadership Qualities, namely : Initiative Creativity Intelligence Desire to lead Ambition Integrity Self-confidence Enthusiasm Analytical ability
Success in business comes from the mastery in allaspect including skills, training and motivating theteammates. These things become crystal clear from thelife of ‘Retail King’ of India. King Mr. Kishore Biyani. Born on 9th August, 1961 In a typical joint Marwadi family Chairman and Managing Director, Future Group Ltd.
Kishore Biyani, began his career sellingstonewash fabric to small shops in Mumbai.He has launched Pantaloons,one of thebiggest listed retailers of the country, today.Pantaloons is credited with launching manyretail formats in value and lifestyle retailingunder some of the best known retailing brandnames in the country, including Big Bazaar,Food Bazaar, Central, e-zone, and HomeTown.
Since his young age, he had a rationalthinking, He would question each andeverything and do it if he found some logicbehind it . He believed in the ideology “create anddestroy”The man who saw the future.
He would observe people, judge themand then accordingly associate ordissociate from them.He loves simplicity and doesn’t demandfor luxury.A lot of thinking goes behind when hetakes any decisions.
A winner all the wayKishore Biyani was awarded the Ernst &Young Entrepreneur of the Year 2006 in theServices Sector.Lakshmipat Singhania - IIM Lucknow YoungBusiness Leader Award by Prime Minister,Dr. Manmohan Singh in 2006.He was also awarded the CNBC FirstGeneration Entrepreneur of the Year 2006.
Companies.. Pantaloon Retail (India) Ltd. Home Solutions Retails India Ltd. Future Brands Ltd.Future Media (India) Ltd. Futurebazaar India Ltd. Weavette Texstyles Ltd.Future Logistics Solutions Ltd. Staples Future Office ProductsConvergem Communications Private Ltd.(India) Ltd. Pan India Food SolutionsPantaloon Food Product Private Ltd.(India) Ltd. Talwalkars Pantaloon FitnessFuture Knowledge Services Private Ltd.Ltd. ConvergeMFuture Capital Holdings Ltd. Indus League ClothingFuture Generali India Etam Future Fashions Ltd.Insurance Company Ltd. Galaxy Entertainment Corporation Ltd.Future Generali India LifeInsurance Company Ltd. Future Venture India Ltd. Foot Mart retail
The Right WayThe entrepreneurial culture and spiritprevails in the company, whereby theappetite for taking risks is encouraged. He believes in learning while doing, andthis what has helped him on his journey.He does not believe in any rigidorganizational structure and instead ofthat he prefers an organization designapproach.
Characteristics1) Visionary:- He is true visionary when he started selling readymade garments when nobody preferred ready-to-wear shirts or trousers. Now his vision is serving Indian society and which is unchallenged.2) Risk taker:- He tried out different things on his own, like readymade garments, textile production, creating brands before he ventured in retail business of selling garments. He took risk in doing something new every time.
3) Ambitious:- He always had ambition of making it big in business, and that he have done.4) Simplicity: You’ll never catch him in a tie and jacket. .It is the ultimate sophistication for him.5) Optimistic: In his own words, Kishore Biyani was an “eternal optimist”. Today, he’s transformed into a “realist”. “it’s my next phase in life,” shrugs the Chairman of the Rs 8,600 crores Future Group, which has today moved away from retail into financial services.
Kishore Biyani, replaced conventional wisdomwith “guts and instincts” to create Future Group,a $1 billion companyKnown for his insights into Indian consumerbehavior, Biyani also represents an enigma tothe country’s emerging retail players, bothdomestic and foreign.
On leadership..Mr. Biyani says he could not find any particular meaning of leadership.. but according to himThere are two types of Leadership:-• The first is all about thought leadership, which is original thought, believing in it and making things happen based on those thoughts.• The second type is skills leadership, which refers to doing things consistently and in your own style.
A Interview of Mr. BiyaniQ. Who according to you is an entrepreneur?Ans. A person who is able to work even when hecannot measure the cause and effect.Q. What is your favorite business mantra?Ans. Go with the flow.Q. Your contribution to society as an entrepreneur...Ans. Making good human beings out of people who we work with and improving their lives.
Suggestions from the king.Q. Biyani’s advice to startupsAns. Go with your belief and dreams. Keep on pursuing it You must realize whether you have the ability to think beyond Everyone cannot be an entrepreneur You need to know if you are comfortable with getting into uncharted territory Biyani:- Most people are trained to be preservers. It is great to be a preserver. But for us, whoever has to create has to destroy. Without destroying, you cannot create anything new.