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"Future" - The Word Which Signifies Optimism, Growth, Achievement, Strength, Beauty, Rewards and Perfection
"Future" - The Word Which Signifies Optimism, Growth, Achievement, Strength, Beauty, Rewards and Perfection
Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of Indias leading business houses with multiple businesses spanning across the consumption space.
Retail forms the core business activity of Future Group Subsidiaries are in consumer finance, capital, insurance, leisure and entertainment, brand development, retail real estate development, retail media and logistics. Strong Belief in Inherent strength of Indian Economy. Want to grow with growth of a common man of India Want to see India as Global Leader in next Decade Focus on Indian Aspiring Middle-class Consumption Led Growth Cost effective Product Focus on Masses
We share the vision and belief that our customers and stakeholders shall be served only by creating and executing future scenarios in the consumption space leading to economic development. We will be the trendsetters in evolving delivery formats, creating retail realty, making consumption affordable for all customer segments for classes and for masses. We shall infuse Indian brands with confidence and renewed ambition. We shall be efficient, cost- conscious and committed to quality in whatever we do. We shall ensure that our positive attitude, sincerity, humility and united determination shall be the driving force to make us successful.
Launch of Pantaloons trouser Launch of BARE, the Indian jeans brand. Initial public offer (IPO) was made. Launch of The Pantaloon Shoppe
John Miller Formal shirt brand launched. Pantaloons Indias modern retail store
Big Bazaar,
2002
Food Bazaar
2004 2005 2006 2007 2008 2010
Launch of Central Mall Acquired stake in Galaxy Entertainment , Kshitij Real estate Future Capital Holdings Future crosses $1 billion turnover mark
Organization Structure
Mr. Kishore Biyani, Managing Director
Affiliated Companies
Strengths
Direct Access to Indian middle Class masses Existing Distribution Franchise Strong Brand Name Strong Bargaining/Procurement Power Non-complex Controlled Value Chain
Weakness
in Tier II/III cities. Untapped Backward Integration. Increase in Land value of Village people providing huge purchasing power
Business Performance
Profitability
Balanced Scorecard
Customer Perspective
Overall Goal
Internal Perspective
Learning's
There
in
so
single
successful
strategy
for
company
to
Grow.
A business model or strategy is more vulnerable to outside forces and Environment rather than Internal challenges. It requires deep understanding of Consumer behaviour to succeed in a Consumer centric businesses. Rapid Expansions and Diversifications may sometimes prove to be just revenue Accretive and not the profit accretive.
A highly scalable business model requires very tight strategic controls in terms of implementations since this kind of rapid developments may lead to Radar less growth.
A strong control on Value chain is essential to stay in competition and provide cost effective products to consumers.