Kishore Biyani Original

8/3/2019 Kishore Biyani Original

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KISHORE BIYANI

“The Retail King”

Presented by :

-

RAKHI

(M.B.A. I)



Success in business comes

from the mastery in all aspectincluding skills, training and

motivating the teammates.These things become crystalclear from the life of ‘ Retail

King ’ of India, KISHORE BIYANI.



Profile of the KING

Born as the second son of Shri Laxmi NarayanBiyani on 9th August, 1961.

In a typical joint Marwadi family.

Brought up in a extremely traditional manner.

Started his first business in “Stone Wash Fabric”.

Later in 1985, his first retail shop named “Pantaloon”

started.



CEO of Future Group & Chairman and MD of

Pantaloon Retail.

Married to Sangita Biyani.

He had two daughters named Ashni & Avni.

Residing at Mumbai, Maharashtra .



Educational Background

He did his schooling from Manav Mandir High School.

Graduation from HR College in Mumbai & completed

his Commerce Degree.

A course in Import & export of garments.Joined a Programme run by silk manufactures

association, Sasmira.

studied Advertisements, attended Marketing seminars &did a course in Marketing

He was the first one to introduce Disco Dandiya in

South Mumbai.



Historical Perspective

Right from childhood Kishore was a rational & insisted on logicalexplanations to his questions.

He strongly believed in himself from his childhood itself.

He had a very clear idea regarding his aim & goal of life.

Since, he was from a Rajasthani Marwadi family he knew some

policies of business.

As he grew up he tested his organizational skills & had immense

confidence in his abilities & ideas.



He has a good experience in managing crowds.

He refused to join the Family Trade. He said, “ myfamily, like other entrepreneurs, were only preservers. I

believe & consider myself both THE CREATOR & THE

DESTROYER”.

After finishing his graduation he first started his own

business of „Stone Wash Fabric‟ to small shops &

garment manufactures.

He had lots of up & downs in his business life. But all of

this contributed in the form of experience regarding

customers minds.



Year wise Business formation

1985

1987

1997

2001

started his first retail shop selling only readymade

trousers named “Pantloon”.

Pantaloon was changed to “Pantaloon Fashion” &

subsequently to “Pantaloon Retail” ,one of the

biggest listed retailers of the country, today.

Pantaloon group entered into modern retail.

First 3 BIG BAZAAR outlets were opened.



Key Findings

Pantaloons is credited with launching many retail formats in valueand 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.

He would observe people, judge them and then accordingly

associate or dissociate from them.

He loves simplicity and doesn‟t demand for luxury.

A lot of thinking goes behind when he takes any decisions



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

billion company

Known for his insights into Indian consumer

behavior, Biyani also represents an enigma to the

country‟s emerging retail players, both domestic and

foreign.



Business Strategies

He had a strong belief in India‟s vast &

diverse market.

He registered his Brand with an American

name John Miller with a Tagline „A shirt

inspired by America‟.

He was the first to introduce the Exchange

offers.

Small Store Market – Goa

Large Store Market - Kolkata



A winner all the way

Kishore Biyani was awarded the Ernst & Young

Entrepreneur of the Year 2006 in the Services

Sector.

Lakshmipat Singhania - IIM Lucknow Young

Business Leader Award by Prime Minister, Dr.

Manmohan Singh in 2006.

He was also awarded the CNBC First

Generation Entrepreneur of the Year 2006.



K.B. COMPANIES

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



The Right Way

The entrepreneurial culture and spiritprevails in the company, whereby the appetitefor taking risks is encouraged.

He believes in learning while doing,and this what has helped him on his journey.

He does’nt believe in any rigid organizationalstructure and instead of that he prefers anorganization design approach.



Suggestions from the king.

Q. Biyani’s advice to startups

Ans. Go with your belief and dreams.

Keep on pursuing it .

You must realize whether you have the ability to thinkbeyond .

Everyone cannot be an entrepreneur .

You need to know if you are comfortable with getting intouncharted territory



Mr. Kishore Biyani Says,“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.”

“ I love my customers a lot & so I first try

to understand the needs of them &

according my company offers.”



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Kishore Biyani Original