This document provides an overview of Kishore Biyani, the CEO of Future Group, which operates various retail businesses in India. It discusses Biyani's background in textiles and how he launched Pantaloon, India's first branded apparel retailer. It describes how Biyani pioneered modern retail formats in India like Big Bazaar and Food Bazaar, democratizing shopping for Indian consumers. The document also discusses Biyani's people-centric approach and philosophy of treating customers as kings, as well as his continuous efforts to innovate, learn and adapt Future Group's business model to India's evolving retail landscape.
About Rajesh Nalla an youngest entrepreneur.The whole funda of my project is interviewing an Youngest entrepreneur, an inspiration for all those who dreams to start their own business but are waiting for the right moment to arrive.
He inspires those people by saying that right moment is something you create not something which one waits for.
Thanks & Regards
G.Vinay kumar
Lizzat Papad is one of the best examples of successful women entrepreneurship stories. Here is a brief case study for presentation. Hope you find it useful!
About Rajesh Nalla an youngest entrepreneur.The whole funda of my project is interviewing an Youngest entrepreneur, an inspiration for all those who dreams to start their own business but are waiting for the right moment to arrive.
He inspires those people by saying that right moment is something you create not something which one waits for.
Thanks & Regards
G.Vinay kumar
Lizzat Papad is one of the best examples of successful women entrepreneurship stories. Here is a brief case study for presentation. Hope you find it useful!
This presentation contain the whole journey of Nirma. Also, i add pictures to make it more attractive and help to memorize it when presenting it to audiences.
The book is largely based on Kiyosaki's upbringing and education in Hawaii. It highlights the different attitudes to money, work and life of two men (i.e. his titular "rich dad" and "poor dad"), and how they in turn influenced key decisions in Kiyosaki's life.The book is simply a must read for any aspiring entrepreneur.
The list of 5 most successful women entrepreneurs in India. Women have been playing a vital role in the growth of the Indian economy & got successful in every sector.
This presentation gives a brief introduction, working procedure, finance, organization structure, evolution, coding system, etc of the famous organization in Mumbai i.e, "Dabbawala"
Best Motivational Story Of Prafull Billoredrilers123
The motivational story of Prafull Billore is a young boy from Indore who dreamed of receiving an MBA degree, but his faith brought him success after dropping out of the course. Prafull opened a tea stall and now he is known as MBA Chaiwala.
Leaving the job at Kotak Mahindra and beginning her own company was an utterly tough choice to make At the age of 51, she quit her well settled job and started Nykaa Her journey is an illustration of Indian women achieving the impossible http://bit.ly/2pNCEVc
This presentation contain the whole journey of Nirma. Also, i add pictures to make it more attractive and help to memorize it when presenting it to audiences.
The book is largely based on Kiyosaki's upbringing and education in Hawaii. It highlights the different attitudes to money, work and life of two men (i.e. his titular "rich dad" and "poor dad"), and how they in turn influenced key decisions in Kiyosaki's life.The book is simply a must read for any aspiring entrepreneur.
The list of 5 most successful women entrepreneurs in India. Women have been playing a vital role in the growth of the Indian economy & got successful in every sector.
This presentation gives a brief introduction, working procedure, finance, organization structure, evolution, coding system, etc of the famous organization in Mumbai i.e, "Dabbawala"
Best Motivational Story Of Prafull Billoredrilers123
The motivational story of Prafull Billore is a young boy from Indore who dreamed of receiving an MBA degree, but his faith brought him success after dropping out of the course. Prafull opened a tea stall and now he is known as MBA Chaiwala.
Leaving the job at Kotak Mahindra and beginning her own company was an utterly tough choice to make At the age of 51, she quit her well settled job and started Nykaa Her journey is an illustration of Indian women achieving the impossible http://bit.ly/2pNCEVc
Book review
It Happened in India
KISHORE BIYANI
Future Retail ,
Future Capital,
Future Brands,
Future Logistics,
Future Media.
Made in India
*REWRITE RULES, RETAIN VALUES*
Built from scratch
Wal Mart and BIG BAZAAR : A comparitive analysisParas Deshpande
This presentation is a business strategy comparison and critical analysis of Wal Mart and Big Bazaar . poters five force analysis and SWOT analysis has been done. Also different formats of retail have been discussed.
the presentation draws heavily from " It happened in India " and " Made In America " .
covid affect bb after akkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkknnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnkkkkkkkkkkkkkkkaddddddddddddddddddd
How to Build a Module in Odoo 17 Using the Scaffold MethodCeline George
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...NelTorrente
In this research, it concludes that while the readiness of teachers in Caloocan City to implement the MATATAG Curriculum is generally positive, targeted efforts in professional development, resource distribution, support networks, and comprehensive preparation can address the existing gaps and ensure successful curriculum implementation.
The simplified electron and muon model, Oscillating Spacetime: The Foundation...RitikBhardwaj56
Discover the Simplified Electron and Muon Model: A New Wave-Based Approach to Understanding Particles delves into a groundbreaking theory that presents electrons and muons as rotating soliton waves within oscillating spacetime. Geared towards students, researchers, and science buffs, this book breaks down complex ideas into simple explanations. It covers topics such as electron waves, temporal dynamics, and the implications of this model on particle physics. With clear illustrations and easy-to-follow explanations, readers will gain a new outlook on the universe's fundamental nature.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
2. Today’s Agenda
Flow of Presentation
Author Intro & Make in India
1
Built from Scratch
2
The new, New thing
3
For god, country & Big Bazaar
4
Business @Speed of thought
5
3. Kishore Biyani
New Face of Indian Retail
Kishore Biyani
CEO, Future Group
Kishore Biyani: 55, is CEO, Future Group, which is designed
to cater to the entire Indian consumption space.
After graduating in commerce, Biyani joined the family textiles
business. Five years later he launched the first branded ready-
made trouser, called Pantaloon, marketed through The
Pantaloon Shoppe.
Founded in 1987, as a garment manufacturing company,
Pantaloon entered modern retail in 1997 with the opening of a
chain of department stores, Pantaloons.
In 2001, Biyani evolved a pan-Indian, class-less model — Big
Bazaar, a hypermarket chain, leading to the democratisation of
shopping in India.
“ A manager always fears making a mistake and that is where
he differs from an entrepreneur.“
4. • The Future Group operates through six verticals:
Future Retail (encompassing all lines of retail business),
Future Capital (financial products and services), Future
Brands (all brands owned or managed by group
companies), Future Space (management of retail real
estate), Future Logistics (management of supply chain
and distribution) and Future Media (development and
management of retail media spaces).
• The group's flagship enterprise, Pantaloon Retail, is
India's leading retail company with presence in food,
fashion and footwear, home solutions and consumer
electronics, books and music, health, wellness and
beauty, general merchandise, communication
products, e-tailing and leisure, and entertainment.
Future Group
4
“ Indian bazaars with western hygiene“
5. Dipayan Baishya
Dipayan Baishya
Business writer, Head of strategy and group
Communication-CEO, Future Group
Dipayan Baishya is a business writer, Head of
strategy and group Communication-CEO, Future
Group.
He has been associated with the Economic Times
and Business Today.
His articles have also appeared in Media, a Hong
Kong based fortnightly and Knowledge at Wharton.
He was awarded the Don Sheehan International
Journalist Fellowship by the Wharton School in
2005.
6. Made In India
Rewrite Rules, Retain Values
What We Are Going to Do
This Chapter is all about Kishore Biyani
way of understanding Indian retail market!
1. There are couple of emotions
that determine shopping behaviour which includes
greed, unselfishness, fear and jealousy.
2. Predicting Indian consumer behaviour
becomes important in retailing.
3. The most interesting thing
about our country is that our growth will be based on
ideas and solutions rather than physical assets.
6
7. Made In India
Rewrite Rules, Retain Values
Kishore Biyani is inspired
by Sam Walton, Founder of
Walmart.
KB strongly believes that
consumer is always right!
7
“ Retail is like riding a bicycle up the hill, if you stop peddling,
you will slide down “
8. Made In India
3 C’s
• Kishore Biyani believes in 3C theory : Confidence and
Changes bringing in an unique era of Consumption.
• He used to observe people coming in his stores, to
know more about their demands.
• He maintained the balance between confidence in
making choices and humility in learning.
• Always believed in doing new things, process is :
“LEARNING, UNLEARNING ,AND RELEARNING”
8
9. Built from Scratch
• He had the attitude of challenging and
was keen observer from very
beginning.
• He had this attitude of pursuing with
his own ideas, and never had expected
any support from the family..There his
entrepreneurial journey began….!!!
• KB quotes “I created my own
‘mental’ mentors, studied various
subjects and eagerly sought
knowledge. I strongly believe that
there is a hard and arduous journey
that one has to undertake alone.”
9
10. Built from Scratch
• “Entrepreneurship is about thinking big,
believing in your own ability and going
ahead with huge risks even if you are
aware that some of the ventures not be
successful. “
• “It’s also about making decision, leadership,
and about making your colleagues believe
in your DREAM “ 10
11. Defying the Odds
• This chapter is about KB’S struggles and success story
of Pantaloons.
• He came up with the brand WBB, went on for
advertising worth few lakhs, and also hired an ad
agency, which was new and innovative in that time and
then established the brand.
• One day, inspired from Italian fashion for ready made
garments .He had explored into this business of ‘Manz
wear’(which came to be known as Pantaloon)
• He emphasised in the popularity of pantaloons. 11
12. Defying the Odds
• First franchise shop: in Goa called as Pantaloon
Shoppe.
• In 1992 to raise more fund KB approaches the stock
market and announced IPO and he raise 225 lakh
rupees by diluting his 60 % holding.
• Then he came across the idea of making pantaloons a
one-stop destination for all apparel products for men:
shirts, ties, trousers etc.
• And this way, he moved ahead with pace.
12
13. Defying the Odds
• Kb always updates himself with knowledge of fashion
and fabric by visiting the NIFT.
• He realised the need to scale up all these successful
businesses.
• Finally, his business was enjoying the goodwill, even
over the Raymond's, but for that he had to defy many
odds.
• ITS DUE TO HIS AMBITION, POSITIVE ATTITUDE,
CREATIVITY, and STRONG DETERMINATION he has
become SUCCESSFUL. 13
14. The New, New Thing
“ Despite all the difficulties, all the frustrations, there is a
joy in having done something as well as you could and
better than others thought you could “
• Kb decided to design Pantaloon Shoppe in the
provided large space in Kolkata.
• Some important points about retailing are as follows:
✓Fashion for the matter of retailing, is not selling
products, its selling of ideas.
✓Customers wants to experience everything when
they shop rather than just wasting money in shopping 14
15. The New, New Thing
• The crucial aspect in retailing is to make customers
relate to every product that are being sold. Store
environment also matters.
• Kb had used the concept of visual merchandising
which enables a retailer to talk more to customers.
• Moreover it requires a deep understanding of local
tastes and preferences.
15
16. The New, New Thing
• KB believes : CUSTOMER IS THE KING
• Customers should be given a comfortable environment
and personal shopping experience.
• For KB achievement was more important than money.
he drive himself by what percentage of the consumer’s
wallet he was going to attract!
• For him, Growth is important.
• Honesty helped him win the trust of investors.
He was the only one in the industry who was betting
on the future, rather than the present. 16
17. For god, country & Big Bazaar
• KB’s philosophical thinking makes him totally a unique
personality.
• KB follows the Indian consumer with passion and
retail ,according to him is about heart.
• Inspired from Saravana stores in Chennai, KB had
decided to open up a hypermarket. Less profit, more
turnover.
17
18. For god, country & Big Bazaar
• KB had given full liberty to his employees to take risk and move on
with business. KB explain “ Never fear of mistake ,if you have made
one get out of it fast . “
• Another successful model: food bazaar. It was established on The
principle of not slicing the current opportunity, but growing it further.
• Big bazaar and food bazaar, were the greatest part of kb’s success.
• However ONE question aroused, Would kiranas survive with the
arrival of modern retail outlets? It is not possible for Hyper mart’s to
serve like ‘Kiranas’.
• As kiranas have personal relation with customer . “they know what
a regular customers wants even before she enters the store “
18
19. Bollywood calling
• KB is always advertisement on big scale. Famous one liner are :
- “Channe ke bhaw me kaaju” ,
- “Is se sasta aur accha kahin nahi”
• KB explained about how he tried to enter into movie making in the
bollywood but could not produce a huge success there. The movie
was “Na Tum Jano Na Hum “
• What makes Film Making is more challenging is that no one get a
chance to correct the mistake.
• Well, what I have learned in this section is ACCEPTING THE
MISTAKE, And not losing hope.
• KB still wishes to be great filmmaker in the industry.
19
20. Business @the speed of Thought
• KB is little uncertain about hiring people. He never expected anything
from those MBA’s. Not everyone can fit into his organisation. He
wants his employees are willing to go through the continuous
process of learning, unlearning and relearning.
"As members of organisational for family, it becomes important
for us to ensure that everyone who joins him, understands the
soul of organization and he would help achieving him his
potential”.
• He finds the people first, and then the job. He wanted such people
because a stable team ensures speed and continuity of the
business. 20
21. Business @the speed of Thought
• For Location , the team used to undertake a survey in the local
markets/residential places to know about the product & taste of
consumers.
• Then to the prices for land. KB did not bargain, he either said yes or
no and due to this attitude, the dealers used to quote him the correct,
reasonable price.
• Malls are new emerging face of Indian retail. However consumers
feel difficult or inconvenient to visit each stores. So KB thought of
establishing a mall without doors. There the concept of departmental
store emerged.
• Then they created a group-Future group which is an umbrella entity
which includes every undertakings.
21
22. The Business of life
“managing the family is no less important than managing the
business.”
• One of the most necessary step they took was to completely
separate ownership, governance and execution.
• Within organisation their family members mostly concentrate on
building and encouragement relationships with business partners
and providing an overall guidance to the business.
“True failure happens only when individuals stop trying to achieve
their personal best “
22
23. Who says elephants can’t dance?
• Every three years they have destroyed their existing organisational
design.
• They started of as a garment manufacturer and launched a few
brands.
• The next step was to establish their own retail chain for their fashion
products and slowly they built multiple retail chain.
• Reaching out direct to the customer required a thorough
understanding of different customer segments.
23
24. His views on Trust & Relationships is significant.
“If you approach your business with this framework in mind, then
you shall see benefit in all interactions.”
• Most businessmen make the mistake of creating an environment
wherein only then win. They see life only as a competitive arena &
not a co-operative one. Relationships are built on principles, and not
on the basis of power & position.
• However, this is not as easy as it sounds. To get to that level, every
person’s aspirations & dreams have to be understood & more
importantly, addressed appropriately. Therefore, to build great
relationships, sacrifices will have to be made.
24