LEADERSHIP Skills of KISHORE BIYANI The retail king

By:
Vinay kumar Ankit yadav Rahul Verma Abhinav

Success in business comes from the mastery in all aspect including skills, training and motivating the teammates. These things become crystal clear from the life of Retail King of India Mr. Kishore Biyani. Biyani. Born on 9th August, 1961 In a typical joint Marwadi family Chairman and Managing Director, Pantaloon Retail (India) Ltd. Kishore Biyani, who three was conferred Biyani, International Retailer of the Year Award by the prestigious US National Retail Federation (NRF), IN 2007.

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.

Since his young age, he had a rational thinking, He would question each and everything and do it if he found some logic behind it . He was an introvert and shy person at young age. He believed in the ideology create and destroy The man who saw the future

MBTI model to analyze his personality

He falls in INTP category :: Introvert Intuition Thinking Perception

He would observe people, judge them and then accordingly associate or dissociate from them. He loves simplicity and doesnt demand for luxury. A lot of thinking goes behind when he takes any decisions.

More than a businessmen

It happened in India by Kishore Biyani and Dipayan Baishya. Baishya. The book is an autobiography of Mr. Kishore Biyani. Biyani. He explains his own life, personal experience with business and how important is attitude, intuition, observation and proper use of sense to become an entrepreneur. The book has sold some 100,000 copies, more than any other business book published in India so far.

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.

Sectors
Retail Brands Consumer Finance Insurance Capital Ventures Media Logistics Leisure & Entertainment Shopping Malls Knowledge Services E-Tailing

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. ConvergeM Indus League Clothing Etam Future Fashions Ltd. Galaxy Entertainment Corporation Ltd. Future Venture India Ltd. Foot Mart retail

The 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.

Followers
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.

Characteristics
1) Visionary:- He is true visionary when he Visionary:
started selling readymade garments when nobody preferred ready-to-wear shirts or ready-totrousers. Now his vision is serving Indian society and which is unchallenged.

2) Risk taker:- He tried out different things taker: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 Ambitious:ambition of making it big in business, and that he have done. 4) Simplicity: You ll never catch him in
a tie and jacket. He don t drive expensive cars.

5) Optimistic: Till six months ago, 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

BIG FIVE MODEL OF PERSONALITY

Agreeableness Conscientiousness

Openness to experience

Adjustment

TRAITS OF EFFECTIVE LEADERS

High energy Self confidence

Integrity Sensitivity

Internal locus of control

Intelligence

Flexibility

Kishore Biyani, replaced conventional wisdom Biyani, 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 countrys emerging retail players, both domestic and foreign.

Key point to the success

India was the Second highest Populated Country in the World Capital Availability: Good Credit rating led the Availability: Biyani, Biyani, to receive a good amount of capital and support form the Market. Revolution: India was on the move of Revolution: revolution, when he entered in this business, people not only welcomed him, but led him to lead the retail business.

On leadership..
Mr. Biyani says he could not find any particular meaning of leadership.. but according to him There are two types of Leadership: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. 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. Your contribution to society as an entrepreneur... Ans. Making good human beings out of people who we work with and improving their lives. Q.

Suggestions from the king.

Q. Biyanis advice to startups Ans. 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

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.

Biyani: Biyani:- Most people are trained to be