34712490 kishore biyani leadership

8/2/2019 34712490 Kishore Biyani Leadership

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LEADERSHIP

Skills ofKISHORE BIYANI

The retail king


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Success in business comes from the mastery inall aspect including skills, training and motivating

the teammates. These things become crystal clear

from the life of Retail King of India

Mr. Kishore Biyani.

Born on 9th August, 1961

In a typical joint Marwadi familyChairman and Managing Director, Pantaloon

Retail (India) Ltd.

Kishore Biyani, who three was conferredInternational Retailer of the Year Award by

the prestigious US National Retail Federation

(NRF), IN 2007.


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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 manyretail formats in value and lifestyle retailing

under some of the best known retailing brandnames in the country, including Big Bazaar,

Food Bazaar, Central, e-zone, and Home

Town.


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Since his young age, he had a rational

thinking, He would question each and

everything and do it if he found some logicbehind it .

He was an introvert and shy person at youngage.

He believed in the ideology create anddestroy

The man who saw the future


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MBTI model to analyze his

personality

He falls in INTP

category :- Introvert

Intuition

Thinking Perception


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He would observe people, judge them

and then accordingly associate ordissociate from them.

He loves simplicity and doesnt demandfor luxury.

A lot of thinking goes behind when hetakes any decisions.


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More than a businessmenIt happened in India by Kishore

Biyani and Dipayan Baishya.The book is an autobiographyof Mr. Kishore Biyani.

He explains his own life,personal experience withbusiness and how important isattitude, intuition, observation andproper use of sense to become

an entrepreneur.

The book has sold some 100,000

copies, more than any other

business book published inIndia so far.


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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.


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Retail

Brands

Consumer FinanceInsurance

Capital

Ventures

Media

Logistics

Leisure &Entertainment

Shopping Malls

KnowledgeServices

E-Tailing

Sectors


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Companies..Pantaloon Retail (India) Ltd.Home Solutions Retails IndiaLtd.Future Brands Ltd.Future Media (India) Ltd.Future Logistics Solutions Ltd.

Convergem Communications(India) Ltd.Pantaloon Food Product(India) Ltd.Future Knowledge ServicesLtd.

Future Capital Holdings Ltd.Future Generali IndiaInsurance Company Ltd.Future Generali India LifeInsurance Company Ltd.

Futurebazaar India Ltd.Weavette Texstyles Ltd.Staples Future Office ProductsPrivate Ltd.Pan India Food SolutionsPrivate Ltd.

Talwalkars Pantaloon FitnessPrivate Ltd.ConvergeMIndus League ClothingEtam Future Fashions Ltd.Galaxy Entertainment

Corporation Ltd.Future Venture India Ltd.Foot Mart retail


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The Right Way

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

He believe in learning while doing, andthis what has helped him on his journey.

he do not believe in any rigidorganizational structure and insteadprefer an organization design approach.


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Followers

His employees are completely empoweredindividuals who are encouraged to thinkout of the box, use scenario planning as a

tool for quick decision making, adoptdesign management as an approachwhich requires an individual to use both

sides of the brain while evaluatingbusiness propositions.


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Characteristics

1) Visionary:- He is true visionary when he started

selling readymade garments when nobody preferredready-to-wear shirts or trousers. Now his vision isserving Indian society and which is unchallenged.

2) Risk taker:- He tried out different things on hisown, like readymade garments, textile production,creating brands before he ventured in retail businessof selling garments. He took risk in doing somethingnew every time.


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3) Ambitious:- He always had ambition ofmaking it big in business, and that he have

done.

4) Simplicity: Youll never catch him in a tie

and jacket. He dont drive expensive cars.

5) Optimistic: Till six months ago, in his own

words, Kishore Biyani was an eternal optimist.Today, hes transformed into a realist. its mynext phase in life, shrugs the Chairman of the Rs8,600 crores Future Group, which has today

moved away from retail into financial services.


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BIG FIVE MODEL OFPERSONALITY

AgreeablenessConscientiousness

Openness to experience Adjustment


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TRAITS OF EFFECTIVE

LEADERS

High energySelf confidence

Internal locus of controlIntegrity

IntelligenceFlexibility

Sensitivity


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Kishore Biyani, replaced conventional wisdomwith guts and instincts to create Future Group,a $1 billion company

Known for his insights into Indian consumerbehavior, Biyani also represents an enigma tothe countrys emerging retail players, both

domestic and foreign.


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Key point to the successIndia was the Second highest Populated Country in theWorld

Capital Availability:-Good Credit rating led the Biyani, toreceive a good amount of capital and support form the

Market.

Revolution:-India was on the move of revolution, when heentered in this business, people not only welcomed him,

but led him to lead the retail business.


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On leadership..

Mr. Biyani says he could not find any particularmeaning of leadership.. but according to him

There are two types of Leadership:-

The first is all about thought leadership, whichis original thought, believing in it and makingthings happen based on those thoughts.

The second type is skills leadership, whichrefers to doing things consistently and in your

own style.


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A Interview of Mr. Biyani

Q. 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.

f h k


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Suggestions from the king.

Q. Biyanis advice to startupsAns. Go with your belief and dreams.

Keep on pursuing it

You must realize whether you have the ability tothink beyond

Everyone cannot be an entrepreneur

You need to know if you are comfortable with gettinginto uncharted territory

Biyani:- Most people are trained to bepreservers. It is great to be a preserver. Butfor us, whoever has to create has to destroy.

Without destroying, you cannot createanything new.


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34712490 kishore biyani leadership

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