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Kishore Biyani Leadership

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LEADERSHIP LEADERSHIP Skills of Skills of KISHORE BIYANI KISHORE BIYANI The retail king The retail king By:- By:- Vinay kumar Vinay kumar Ankit yadav Ankit yadav Rahul Verma Rahul Verma Abhinav Abhinav
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Page 1: Kishore Biyani Leadership

LEADERSHIPLEADERSHIPSkills ofSkills of

KISHORE BIYANIKISHORE BIYANIThe retail kingThe retail king

By:-By:-Vinay kumarVinay kumar

Ankit yadavAnkit yadav

Rahul VermaRahul Verma

AbhinavAbhinav

Page 2: Kishore Biyani Leadership

Success in business comes from the Success in business comes from the mastery in all aspect including skills, mastery in all aspect including skills, training and motivating the teammates. training and motivating the teammates. These things become crystal clear from These things become crystal clear from

the life of ‘Retail King’ of India the life of ‘Retail King’ of India

Mr. Kishore BiyaniMr. Kishore Biyani. .

Born on 9Born on 9thth August, 1961 August, 1961

In a typical joint Marwadi family In a typical joint Marwadi family

Chairman and Managing Director, Pantaloon Chairman and Managing Director, Pantaloon

Retail (India) Ltd. Retail (India) Ltd.

Kishore Biyani, who three was Kishore Biyani, who three was conferredconferred

““International Retailer of the Year” Award by International Retailer of the Year” Award by

the prestigious US National Retail Federation the prestigious US National Retail Federation

(NRF), IN 2007.(NRF), IN 2007.

Page 3: Kishore Biyani Leadership

Kishore Biyani, began his career selling stonewash fabric to small shops in Mumbai.

He went launch Pantaloons, the biggest listed retailer of the country, today.

Pantaloons is credited with launching many retail formats in value and lifestyle retailing under some of the best known retailing brand names in the country, including Big Bazaar, Food Bazaar, Central, e-zone, and Home Town.

Page 4: Kishore Biyani Leadership

Since his young age, he had a rational thinking, Since his young age, he had a rational thinking, He would question each and everything and do He would question each and everything and do it if he found some logic behind it .it if he found some logic behind it .

He was an introvert and shy person at young He was an introvert and shy person at young age.age.

He believed in the ideology “create and He believed in the ideology “create and destroy” destroy”

The man who saw the futureThe man who saw the future

Page 5: Kishore Biyani Leadership

MBTI model to analyze his MBTI model to analyze his personality personality

He falls in He falls in INTP INTP

category :-category :-• IntrovertIntrovert• IntuitionIntuition• ThinkingThinking• PerceptionPerception

Page 6: Kishore Biyani Leadership

He would observe people, judge them and He would observe people, judge them and then accordingly associate or dissociate then accordingly associate or dissociate from them.from them.

He loves simplicity and doesn’t demand for He loves simplicity and doesn’t demand for luxury.luxury.

A lot of thinking goes behind when he takes A lot of thinking goes behind when he takes any decisions. any decisions.

Page 7: Kishore Biyani Leadership

More than a businessmenMore than a businessmen It happened in India by Kishore It happened in India by Kishore

Biyani and Dipayan Baishya. Biyani and Dipayan Baishya. The book is an autobiography The book is an autobiography of Mr. Kishore Biyani. of Mr. Kishore Biyani.

He explains his own life, He explains his own life, personal experience with personal experience with business and how important is business and how important is attitude, intuition, observation and attitude, intuition, observation and proper use of sense to become an proper use of sense to become an

entrepreneur.entrepreneur.

The book has sold some 100,000 The book has sold some 100,000 copies, more than any other copies, more than any other business book published in business book published in India so far. India so far.

Page 8: Kishore Biyani Leadership

A winner all the wayA winner all the wayKishore Biyani was awarded the Kishore Biyani was awarded the Ernst & Ernst & Young Entrepreneur of the Year 2006Young Entrepreneur of the Year 2006 in in the Services Sector.the Services Sector.

Lakshmipat Singhania - IIM Lucknow Lakshmipat Singhania - IIM Lucknow Young Business Leader AwardYoung Business Leader Award by Prime by Prime Minister, Dr. Manmohan Singh in 2006.Minister, Dr. Manmohan Singh in 2006.

He was also awarded the He was also awarded the CNBC First CNBC First Generation Entrepreneur of the YearGeneration Entrepreneur of the Year 2006.2006.

Page 9: Kishore Biyani Leadership

Retail

Brands

Consumer Finance

Insurance

Capital

Ventures

Media

Logistics

Leisure & Entertainment

Shopping Malls

Knowledge Services

E-Tailing

Sectors

Page 10: Kishore Biyani Leadership

Companies..Companies..Pantaloon Retail (India) Ltd.Home Solutions Retails India Ltd.Future Brands Ltd.Future Media (India) Ltd.Future Logistics Solutions Ltd.Convergem Communications (India) Ltd.Pantaloon Food Product (India) Ltd.Future Knowledge Services Ltd.Future Capital Holdings Ltd.Future Generali India Insurance Company Ltd.Future Generali India Life Insurance Company Ltd.

Futurebazaar India Ltd.Weavette Texstyles Ltd.Staples Future Office Products Private Ltd.Pan India Food Solutions Private Ltd.Talwalkars Pantaloon Fitness Private Ltd.ConvergeMIndus League ClothingEtam Future Fashions Ltd.Galaxy Entertainment Corporation Ltd.Future Venture India Ltd.Foot Mart retail

Page 11: Kishore Biyani Leadership

The Right WayThe Right Way The entrepreneurial culture and spirit

prevails in the company, whereby the appetite for taking risks is encouraged.

He believe in learning while doing, and this what has helped him on his journey. he do not believe in any rigid organizational structure and instead prefer an organization design approach.

Page 12: Kishore Biyani Leadership

FollowersFollowers His employees are completely empowered

individuals who are encouraged to think out of the box, use scenario planning as a tool for quick decision making, adopt design management as an approach which requires an individual to use both sides of the brain while evaluating business propositions.

Page 13: Kishore Biyani Leadership

CharacteristicsCharacteristics1) Visionary1) Visionary:- :- He is true visionary when he He is true visionary when he

started selling readymade garments when started selling readymade garments when nobody preferred ready-to-wear shirts or nobody preferred ready-to-wear shirts or trousers. Now his vision is serving Indian trousers. Now his vision is serving Indian society and which is unchallenged.society and which is unchallenged.

2) Risk taker:2) Risk taker:- H- He tried out different things e tried out different things on his own, like readymade garments, textile on his own, like readymade garments, textile production, creating brands before he production, creating brands before he ventured in retail business of selling garments. ventured in retail business of selling garments. He took risk in doing something new every He took risk in doing something new every time.time.

Page 14: Kishore Biyani Leadership

3) Ambitious:-3) Ambitious:- He always had ambition of He always had ambition of making it big in business, and that he have making it big in business, and that he have done.done.

4) Simplicity:4) Simplicity: You’llYou’ll never catch him in a tie and never catch him in a tie and jacket. He don’t drive expensive cars.jacket. He don’t drive expensive cars.

5) Optimistic: 5) Optimistic: Till six months ago, in his own Till six months ago, in his own words, Kishore Biyani was an “eternal optimist”. words, Kishore Biyani was an “eternal optimist”. Today, he’s transformed into a “realist”. “it’s my Today, he’s transformed into a “realist”. “it’s my next phase in life,” shrugs the Chairman of the Rs next phase in life,” shrugs the Chairman of the Rs 8,600 crores Future Group, which has today moved 8,600 crores Future Group, which has today moved away from retail into financial services.away from retail into financial services.

Page 15: Kishore Biyani Leadership

BIG FIVE MODEL OF PERSONALITY

AgreeablenessConscientiousness

Openness to experienceAdjustment

Page 16: Kishore Biyani Leadership

TRAITS OF EFFECTIVE LEADERS

High energy Self confidence

Internal locus of controlIntegrity

Intelligence Flexibility

Sensitivity

Page 17: Kishore Biyani Leadership

Kishore Biyani, replaced conventional wisdom Kishore Biyani, replaced conventional wisdom with “guts and instincts” to create Future Group, with “guts and instincts” to create Future Group, a $1 billion companya $1 billion company

Known for his insights into Indian consumer Known for his insights into Indian consumer behavior, Biyani also represents an enigma to behavior, Biyani also represents an enigma to the country’s emerging retail players, both the country’s emerging retail players, both domestic and foreign.domestic and foreign.

Page 18: Kishore Biyani Leadership

Key point to the Key point to the successsuccess

India was the Second highest Populated India was the Second highest Populated Country in the WorldCountry in the World

Capital AvailabilityCapital Availability:-Good Credit rating led :-Good Credit rating led the Biyani, to receive a good amount of capital the Biyani, to receive a good amount of capital and support form the Market.and support form the Market.

RevolutionRevolution:-India was on the move of :-India was on the move of revolution, when he entered in this business, revolution, when he entered in this business, people not only welcomed him, but led him to people not only welcomed him, but led him to lead the retail business.lead the retail business.

Page 19: Kishore Biyani Leadership

On leadership..On leadership..Mr. Biyani says he could not find any particular Mr. Biyani says he could not find any particular

meaning of leadership.. but according to himmeaning of leadership.. but according to him

There are two types of There are two types of Leadership:-Leadership:-

• The first is all about thought leadership, which The first is all about thought leadership, which is original thought, believing in it and making is original thought, believing in it and making things happen based on those thoughts.things happen based on those thoughts.

• The second type is skills leadership, which The second type is skills leadership, which

refers to doing things consistently and in your refers to doing things consistently and in your own style. own style.

Page 20: Kishore Biyani Leadership

A Interview of Mr. BiyaniA Interview of Mr. Biyani Q. Who according to you is an entrepreneur?

Ans. A person who is able to work even when he cannot 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.

Page 21: Kishore Biyani Leadership

Suggestions from the Suggestions from the king.king. Q. Biyani’s advice to startups Q. Biyani’s advice to startups

Ans. Go with your belief and dreams. Ans. Go with your belief and dreams. Keep on pursuing it Keep on pursuing it

You must realize whether you have the ability to You must realize whether you have the ability to think beyond think beyond

Everyone cannot be an entrepreneur Everyone cannot be an entrepreneur

You need to know if you are comfortable with You need to know if you are comfortable with getting into uncharted territory getting into uncharted territory

Biyani:- Biyani:- Most people are trained to be Most people are trained to be preservers. It is great to be a preserver. preservers. It is great to be a preserver. But for us, whoever has to create has to But for us, whoever has to create has to destroy. Without destroying, you cannot destroy. Without destroying, you cannot

create anything new. create anything new.

Page 22: Kishore Biyani Leadership

ThankThank

YouYou…………………………


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