He was considered the Sam Walton of India, and undeniably, Kishore Biyani had set the organised retail pulse
racing across the nation. Pantaloon’s expansion spree had continued unabated and its financials only got better over time. But has Pantaloon miscalculated by investing more than required in an industry where previous sales forecasts are coming to naught?
The feeling is chilling... to be a gladiator, standing there all alone, under the glaring eyes of innumerable vicarious spectators, for whom the excitement is not when you kill the lions, but morbidly, when the lions devour you and feed on you after a thorough mauling. And what if you succeed in surviving? They’ll get in more lions, change the rules, and even take away your sword and armour just to be sure. That is the gladiator’s curse, and that seems to be precisely the situation that Kishore Biyani, the CEO of Future group finds himself in. An industry that was supposed to be protected till time immemorial by the government, a customer base that was supposed to grow exponentially, consumer’s purchasing power that was expected to simply rise and rise...and many more such previously taken-for-granted factors have simply fallen fl at on their faces.
For Complete IIPM Article, Click on IIPM Article
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
racing across the nation. Pantaloon’s expansion spree had continued unabated and its financials only got better over time. But has Pantaloon miscalculated by investing more than required in an industry where previous sales forecasts are coming to naught?The feeling is chilling... to be a gladiator, standing there all alone, under the glaring eyes of innumerable vicarious spectators, for whom the excitement is not when you kill the lions, but morbidly, when the lions devour you and feed on you after a thorough mauling. And what if you succeed in surviving? They’ll get in more lions, change the rules, and even take away your sword and armour just to be sure. That is the gladiator’s curse, and that seems to be precisely the situation that Kishore Biyani, the CEO of Future group finds himself in. An industry that was supposed to be protected till time immemorial by the government, a customer base that was supposed to grow exponentially, consumer’s purchasing power that was expected to simply rise and rise...and many more such previously taken-for-granted factors have simply fallen fl at on their faces.
For Complete IIPM Article, Click on IIPM Article
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India
