Man behind Future Group
Mr. Kishore Biyani
“King of Retail”
Presented by:
ASUTOSH GUPTA
VIJAY TIWARY
SIABIHARI SHARMA
AMARJIT KUMAR
Birth and education
KB was born 9th august 1961 . He was the second son of shri
laxmi narayan biyani and Smt godavari biyani in Mumbai.
He grew up with 12 cousins and
siblings and went to manav
mandir high school.
He did his graduation from HR
college in mumbai
Childhood and Teenage years
As a child he was average in studies. He loved
playing cricket and watching movies.
He was always a rebel in his family questioning
every social and religious norm.
At college he rarely attended classes.
He never enjoyed working in his family business.
First entrepreneurial venture.
He organized a successful KB started his entrepreneurial
dandia night in his locality. career by selling stone wash
This is were he showed his fabric. He managed to sell
first sparkle of entrepreneurial lakhs of worth of fabric. This
talent. is were he made his first
profit.
Rise of maverick
He first launched brand of fabric named wbb (white,
blue and brown).The brand enjoyed a short success.
He then launched patloon a retail venture dealing in
men’s wear.
He then eshtablished a small fancy-yarn plant by the
name of dhruv synthetic in partenership of sushil
sain,krishna jhujunwala each contributing 3 lakhs.
The journey continues
At the same time took the distributorship of
denims made by arvind mills.
Menz wears private limited was incorporated in
1987.its name was later changed to pantaloon.
First franchise of pantaloon opened in goa in 1991
by the name of pantaloon shoppe. At its height
there were 72 franchises across countries.
Pantaloon went public in 1992 to raise 225 lakhs.
The new
beginning
KB’s foray into retail:
First pantaloon retail outlet opened in garihat kolkata in
1997. It stocked apparel for men and women, stationery
,sports goods, gifts toys and household items.
Although kB wasn’t the pioneer in organized retail but his
vision ,creativity and entrepreneurial talent steered him
through his competitors.
An adventure called big bazaar
First big bazaar opened in vip road kolkata .
Sravanas in chennai was the inspiration
behind big bazaar..
Why big bazaar are big
Big bazaars reflect the look and feel of indian
bazaar so that no customer gets intimidated by the
surrounding.
Big bazaar are consciously designed to look
crowded.
Each big bazaar is different keeping in mind the
test of indian customers.
All the future group retail outlets are mechendise
driven rather than being operation driven.
Expenditure on advertisement and brand building.
Future group business
BRANDS KEY FORMAT NO.OF OUTLETS
Big bazaar Hyper market chain 97
Pantaloons Fashion store 45
Food bazaar supermarket 136
Kb’s fair price Food category 102
Future money Consumer finance 150
Electronic bazaar electronics 90
Furniture bazaar furniture 85
Planet sports Sports accessories 54
depot Books n music 112
Lee cooper Fashion for young 31
Shoe factory Footwear 17
Core values of future group
We like simplicity in our ideas.
We like to learn while we execute.
We believe customers are always right.
We take pride in our value of indianess.
We build and nurture relationship.
We believe in ourself.
We love to rewrite rules ,even as we retain values.
KISHORE BIYANI’S
PHILOSOPHY
ON LEADERSHIP
•Leadership is not about delegation, its
about abdication
• K.B believes in open door policy.
KISHORE BIYANI’S PHILOSOPHY
ON ORGANISATION
Every organisation Needs a :
Brahma a creator
Vishnu the protector
Shiva the destroyer
•K.B does not fear people making mistakes.He fears the
absence of creative constructive and entrepreneurial
energy in people.
It happened in india.
Kb’s autobiography
Story of big bazaar
pantaloons and great
indian consumer
One of the best selling
management book
Key points to his success
1] India was the Second highest Populated Country in
the World
This made his barriers a little easy, He had the consumers
in hand, he just needed to get in the right way to drive the
customers to his outlets.
2] Capital Availability.
Good Credit rating led the Biyani, to receive a good
amount of capital and support form the Market.
3] Revolution.
India was on the move of revolution, when he entered
in this business, people not only welcomed him, but
led him to lead the retail business
Awards and Recognitions
2006 Ernst & Young Entrepreneur of the Year award.
2006 Lakshmipat Singhania - IIM Lucknow Young
Business Leader award
2006 CNBC First Generation Entrepreneur of the Year
award.
Happy shopping
“Doing Business in India, is not
easy, but its easy if you have the
right Business”. - Kishore Biyani.