Escolar Documentos
Profissional Documentos
Cultura Documentos
IN AN ORGANIZATION IN THE
PANTALOONS FASHION & RETAIL
LIMITED
Gratitude is short lived but when put it blank and white; one hopes it to
enjoy a longer life. Many people have given their valuable time and
ideas to enable us to complete our project and project report. I am
highly grateful to “Pantaloons Fashion & Retail ltd.” for
providing me the opportunity and I am deeply indebted to all for
their ideas and assistance.
Company Profile
1.1 Introduction
1.2 PFRL Pantaloons Fashion & Retail Limited
1.3 Departments
1.4 Our Vision, Our Mission, Integrity, Commitment, Passion,
1.5 Why pantaloon
1. 6 Motivation
1. 7 Employee Motivation Strategies
1.8 Keeping your employees motivated
1.9 Factors to encourage motivation
2.0 A simple model of human motivation
2.1 Importance of motivation
2.2 Recommendations / SUGGESTIONS
2.3 Case study
2.4 Values of Pantaloons/HR Policies and Rules
2.5 Conclusion
2.6 Summary of case
4.2 Key learning's
Fashion is perhaps the very first expression of success of a free nation.
Fashion is a celebration and a joy. It is an expression that can
manifest itself in different ways for different people and these ways are
forever evolving.
The India Retail Industry is the largest among all the industries. The
Retail Industry in India has come forth as one of the most dynamic and
fast paced industries with several players entering the market. But all of
them have not yet tasted success because of the heavy initial investments
that are required to break even with other companies and compete with
them. The India Retail Industry is gradually inching its way towards
becoming the next boom industry. Most people in the world today wear
what can be described as “world fashion,” a simplified and very low-
cost version. The fashion industry forms part of a larger social and
cultural phenomenon known as the “fashion system,” a concept that
embraces not only the business of fashion but also the art and craft of
fashion, and not only production but also consumption. The fashion
designer is an important factor, but so also is the individual consumer
who chooses, buys, and wears clothes, as well as the language and
imagery that contribute to how consumers think about fashion. The
fashion system involves all the factors that are involved in the entire
process of fashion change. Fashion is a complex social phenomenon,
involving sometimes conflicting motives, such as creating an individual
identity and being part of a group, emulating fashion leaders and
rebelling against conformity. The fashion industry thrives by being
diverse and flexible enough to gratify any consumer’s desire to embrace.
Aditya Birla Fashion and Retail Ltd. (ABFRL) emerged after the
consolidation of the branded apparel businesses of Aditya Birla Group
comprising ABNL'S Madura Fashion division and ABNL's subsidiaries
Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle
(MFL) in May 2015. Post the consolidation, PFRL was renamed Aditya
Birla Fashion and Retail Ltd
This consolidation will create India's largest pure play Fashion and
Lifestyle Company with a strong bouquet of leading fashion brands
and retail formats. This move brings India's #1 branded menswear
and women swear players together." - Kumar Mangalam Birla,
Chairman, Aditya Birla Group.
ABFRL has been founded in the belief that the first sign of success of a
modern nation lies in the ability of its citizens to celebrate. India's young
working population and robust economic performance has led to rising
incomes which, combined with increasing global exposure, are
empowering many latent wants to morph into demands. With retail
expanding independently through brick and mortar as well as e-
commerce, the Indian fashion consumer now deserves futuristic and
comprehensive Omni-channel options. The time for ABFRL to arrive
was ripe.
Pantaloons
India's largest big box fashion retailer, Pantaloons is one of the fastest
growing lifestyle apparel retail destinations in India. Constantly
innovating designs, concepts and products by infusing the latest trends in
fashion and clothing styles, Pantaloons has a repertoire of lifestyle
brands to cater to every consumer's needs across multiple occasions.
ABFRL altogether hosts India's largest fashion network with over
8000 points of sale across over 700+ cities and towns, which include
more than 2,000 exclusive ABFRL brand outlets. With ~19 million
Loyalty Members as of 30th June 2017, ABFRL has a strong
bouquet of loyalty programmes in India. ABFRL boasts of creating
more than 20,000 new designs every year.
The Aditya Birla Group endeavors to become the leading Indian
conglomerate for sustainable business practices across its global
operations, balancing its economic growth with environmental and
social interests
The women’s section houses the private labels — Bare Denim, Bare
Leisure, Rig, Annabelle, Honey, and Ajile — in western wear, as well as
the choicest ethnic wear from RangManch, Trishaa and Akkriti. Popular
brands like Lee Cooper, Biba and W are also available.
The private labels for men in western wear include Lombard, Rig, Bare
Denim, Bare Leisure and JM Sport apart from trendy brands like
Urbana, Scullers, John Miller, and Indigo Nation. Akkriti provides a
wide selection of ethnic wear.
Kids can choose from private labels like Bare Denim, Bare Leisure, Rig,
or indulge in exclusive brands like Lee Cooper Juniors, Chalk exclusive,
Chirpy Pie & Bare in addition to international brands like Barbie and
Disney. For the ethnic look, they can opt for traditional wear from
Akkriti.
Pantaloons offer much more than just apparel. Customers can shop from
an assortment of watches from renowned international brands like
Tommy Hilfiger, Esprit, Kenneth Cole, Citizen, Timex, and Titan,
among other brands.
Trendy sunglasses from Polaroid, Guess, Police, Scott, I Dee and Allen
Solly are also available. The accessories and beauty segments display an
attractive collection of lady’s handbags from Lavie, Caprese, Fiorelli
and Fastrack. Also available are products from colour cosmetic brands
such as Bourjois, Chambor, Deborah, Faces, Revlon, Maybelline, and
Lakmé, as well as a wide collection of exotic fragrances.
The Aditya Birla Group ranks high in the League of Fortune 500
Corporations of the world with a strong mix of talented and capable
personnel comprising of 42 different nationalities, who are credited with
anchoring the organization and scripting one brilliant success story after
another.
Backed by the giant conglomerates, ABNL and Future Group, both the
entities will work in tandem to derive operational synergies for back-
end, supply chain and other crucial value drivers of the business.
With its overwhelming repertoire of lifestyle apparel brands, Pantaloons
is focused on growth while continuing to create fresh fashion.
Pantaloons is recognised by its warm personalised service that completes
the core proposition of this trendy chain.
All the departments work closely with each other to complete their task
and achieve their individual goals. Each department is interdependent
with each other. The objective of these departments is to accompolish
mission and vision of the company.
2)distribution management
3)channel management
4)payment management
5)financial management
6)supplier management
7)transportation management
• Pantaloons
Telecom Fashion • Madhura
and Lifestyle
• Textile
• Agri
Manufacturing • Rayon
• Insulators
Our Vision
• Our Mission
• Integrity:
Aditya Birla is a name known for higher value and good quality. We do
what we commit to our people.
Passion:
Our excellence in every field of business and promise to provide the best
shows the passion of the organization.
Seamlessness:
Speed:
Why pantaloon
Pantaloon is not just an organization – it is an institution, a center of
learning & development. We believe that knowledge is the only weapon
at our disposal and our quest for it is focused, systematic and
unwavering.
Over the years, the company has accelerated growth through its ability
to lead change. A number of its pioneering concepts have now emerged
as industry standards. For instance, the company integrated backwards
into garment manufacturing even as it expanded its retail presence at the
front end, well before any other Indian retail company attempted this. It
was the first to introduce the concept of the retail departmental store for
the entire family through Pantaloons in 1997. The company was the first
to launch a hypermarket in India with Big Bazaar, a large discount store
that it commissioned in Kolkata in October 2001.
Come enter a world where we promise you good days and bad days,
but never a dull moment!
Motivation
Abstract Employees are the heart of any organization. For any
organization to operate smoothly and without any interruption,
employee cooperation cannot be replaced with anything else. It is of
utmost importance that the employees of an organization not only
have a good relationship with the top management, but also, they
maintain a healthy and professional relationship with their coworkers.
The following study is a self-conducted research on how motivational
tools impact the performance of employee for betterment. The study
also focused on de-motivation factors affecting employee
performance negatively. A sample of individuals was selected and
was interviewed with self-administrated questionnaire to obtain
primary data. The data were analyzed using descriptive statistical
analysis methods. The results obtained indicate that if employees are
positively motivated, it improves both their effectiveness and
efficiency drastically for achieving organizational goals
At Pantaloon you will work with some of the brightest people from
different spheres of industry. They believe it’s a place where you can
live your dreams and pursue a career that reflects your skills and
passions. Pantaloon Retail follows a team incentive model, and its
employees are able to increase their salaries by 30 per cent to 40 per
cent. It has a much lower annual attrition rate of...
Measures taken
Involvement can boost the sense of belonging and hence the level of
commitment. By involving the front office staff in the monthly
management meetings and seeking their advice for increasing sales,
retailers can motivate them.
Sounding board
Top that off with an on-site life coach who also happens to be a
chiropractor, and you are really talking about something you don’t hear
about every day.
Motivators are factors that are intrinsic to the job, such as achievement,
recognition, interesting work, increased responsibilities, advancement,
and growth opportunities. According to Herzberg’s research, motivators
are the conditions that truly encourage employees to try harder.
RECOMMENDATONS/SUGGESTIONS
CASE STUDY
Rohit felt his heart sink. Was this the way things worked over here?
However, he refused to lose heart and thought that maybe, he could
change things a little.But as the days went by, Rohit realized that Aparna
was the complete opposite of his old boss. While she was efficient at
what she did and extremely intelligent, she had neither the time nor the
inclination to groom her subordinates. Her solutions to problem were
always correct, but she was not willing to discuss or debate the merits of
any other ideas that her team might have. She did not hold the team
down to their deadlines not did she ever interfere. In fact, she rarely said
anything at all! If work did not get finished on time, she would just
blame her team, and totally disassociate herself from them. Time and
again, Rohit found himself thinking of Sureshm his old boss, and of how
he had been such a positive influence. Aparan, on the other hand, even
without actively doing anything, had managed to significantly lower his
motivation levels. Rohit gradually began to lose interest in his work – it
had become too mechanical for his taste. He didn’t really need to think;
his boss had all the answers. He was learning nothing new, and he felt
his career was going nowhere.As he became more and more
discouraged, his performance suffered. From being someone with
immense promise and potential Rohit was now in danger of becoming
just another mediocre techie
Values of Pantaloons
The Success story of Pantaloons had built on a number of core company
values that have remained almost unchanged. These values are:
Indianness: confidence in their business structure.
Leadership: To be a leader, both in thought and business.
Respect & Humility: To respect every individual and be humble in
conduct.
Introspection: leading to purposeful thinking.
Openness: to be open and receptive to new ideas, knowledge and
information.
Valuing and Nurturing Relationships: to build long term
relationships.
Simplicity & Positivity: Simplicity and positivity in our thought,
business and action.
Adaptability: to be flexible and adaptable, to meet challenges.
Flow: to respect and understand the universal laws of nature.
Wage Structure:
Every Job has awarded different wages depending upon the position of
the employee and the responsibility levels which the employees take
over. This enables the company to: Provide competitive salaries for each
job taking into account market rates.
Reward everyone according to their contribution.
The Salary allocated ranges depends upon the employees position type
for employees performing the standard duties of their jobs. Set up
maximum and minimum levels within those ranges to account for
variations in experience and skill levels. The pay defers from Store
Administered employee to Head Office Administered employee. The
payment of the employees is directly by the manager or it is deposited
into the savings account which the employee holds. The Company
reserves the right to suspend pay where an employee fails to notify about
absence from work.
Reward Policies
Pantaloon believes in sharing its progress and profitability and reward
accordingly. They offer a range of benefits which are service-related, so
they build up as service of an employee increases. Each element of the
benefits package is reviewed regularly to ensure it remains competitive
and maintains pantaloon as a leading employer. Some of them are:
To extend a discount facility to employees of Future Group.
Healthcare Offers
Pantaloons offer following healthcare options to all monthly paid
employees and their partners:
Private health insurance
Gratuity Scheme
Free medical treatment for the employee, spouse and the dependent
family members.
Female employees can have Maternity leave - 84 days maximum on
completion of 160 days.
Social Activities
Pantaloons provides the employees the scheme named "Seekho" which
enables them to develop their skill sets and opt for any educational
courses so that they can increase their productivity which adds
additional value for the company development in future. Every
employee of the pantaloon contributes small amount of money from
their salary each month voluntarily to the pantaloon foundation which
they can use for any emergency needs.
Lifestyle Options
Pantaloon provides following options and benefits:
Flexible working
Employees can avail advance of 7 days of all purpose leave during the
probation period which will be adjusted in the employees leave balance.
Leave accumulation will be permissible up to 90 days period. Only 15
days will be carried forward to the next fiscal year. Corporate helpline -
A 24-hour confidential support service which help employees to manage
stress, personal, traumatic or financial issues which are affecting their
attendance or performance at work.
Personal Development
Learning & career development
Pantaloons are committed to develop its employees into skilled,
customer-focused, enthusiastic and motivated employees. They provides
the employees the scheme named "Seekho" which enables them to
develop their skill sets and opt for any educational courses so that they
can increase their productivity which adds additional value for the
company development in future. An employee is equally responsible for
learning and development. Training is given as and when required e.g.
the implementation of new systems.
Review of performance
Line managers review performance continually in order to assess
how a particular employee is doing. It helps employee in assessing
themselves and look for further development.
Highlights of Equal Opportunities Policy are:
Promote a working environment free from discrimination,
harassment and victimization on the basis of:
Gender, sexual orientation.
Marital status
Race, color, nationality.
Working Hours
Religion or Political views.
Age and Disability.
Entry Level:
The entry level jobs at Pantaloons for example the Stock and Inventory
staff and others.
Job description:
The Applicant for the Stock and Inventory the employees are
responsible for shipping of inventory and supplying the inventory from
the internal locations to the other departments. This means he pulls all
the items from the storage, physically move them.
Job Specification:
Strong Organizational Skills.
Multi Tasking ability.
Basic computer knowledge.
Strong Communication Skills.
Must be soft spoken and must have a smiling face while treating
the customer.
Able to work under pressure.
Middle Level:
The middle level job is of a Store Manager who is supposed to be
responsible for both the functioning of the firm in maintaining the store
and the management of the entry level people.
Job Description:
Minimum 3-5 years of experience in maintaining stores and performing
the operational requirements.
Monitoring the entire store and planning about the future services and
training the new employees in their work.
Must provide extremely high customer service and must make sure that
the employees working under him must also provide same level
customer satisfaction.
The candidate is expected to develop functional understanding of
business as well as understand the way information about the workplace
and scheduling the processes.
Good understanding of concepts such a Market basket analysis,
Regression analysis etc.
Job Specification:
Graduate (preferable in retail management) with strong Maths
background.
Business Systems Analyst Skills.
An experience of minimum 3-5 years is required.
Advanced Computer knowledge.
Effective verbal and written communication skills.
Project management skills and strong leadership skills.
Ability to manage multitasks in very fast pace environment.
Broad knowledge on retail business.
Strong analytical skills.
Must be able to make seasonal strategy of a product.
Job Description:
Minimum 5+ years of experience in performing the operational
requirements.
Interviewing the low level managers and make sure that all the
employees understands the organization goals.
Must provide extremely high customer service and must make sure that
the employees working under him must also provide same level
customer satisfaction.
Must manage business operations activities and have to deliver the
results according to the organizational strategy.
Good understanding of concepts such a Market basket analysis.
Job Specification:
Excellent communication is required.
Knowledge of business processes & their interdependencies.
Ability to give short-term solutions to business problem from a business
continuity point of view.
Develop report and review on all the operations which are taking place
under his control.
Ability to develop long term solutions for business problems with a view
on repercussions on the whole business.
Leadership skills required.
An experience of minimum 5+ years is required
Detailed recruitment and staffing:
Same process is followed while giving ads in the news papers and
consultancies.
The main interview is taken by the HR and then supervised by the
directors and the BOD's.
SELECTION PROCESS
Finalization of the Candidate: Once a candidate is finalized, he has to
submit the following documents:
Last salary slip
Last appointment letter
REFERENCE CHECK: After the submission of slip and the
appointment letter, the candidate has to give the names and contact
details of two professional references from his current company/any of
the previous companies where he has worked earlier.
A telephonic call is made to the persons and the following is checked:
Education background
Professional Background
Personal background
Interpersonal skills for the formalities.
OFFER LETTER: After checking all the references, if the candidates are
found suitable, the offer letter is rollout to the candidate for joining.
Conclusion:
Pantaloon Retail (India) limited is not only an organization but it is an
institute which provides its employees an opportunity for learning which
helps in development of the company. They always look for the people
who are high in knowledge which will help the organization success.
Pantaloons always welcome change in fashion by thinking out of the
box. Pantaloons has achieved success through its capability and
competence to lead the change when compared to past. Pantaloons most
innovative concepts are now considered as the base line in the retail
industry. Pantaloon Retail (India) limited started of with manufacturing
of garment later it expanded into the retailing market when compared to
any other retail company. Pantaloon Retail (India) limited was the 1st to
introduce the concept of the departmental store in retail sector for the
entire family members through Pantaloons. Pantaloon Retail (India) also
launched hypermarket in India as Big Bazaar, a large discount store and
it also launched Food Bazaar. Today Pantaloon Retail (India) limited is
diversified into so many fields and evolved as largest retail company in
India.
The way we work is distinctly "Pantaloon". The biggest advantage of
pantaloons is the courage of dreaming of becoming diversified into
many fields and turning the dream into reality which changes the lives of
the consumer. Pantaloon is an invitation to join a place where there are
no boundaries to what you can achieve. Means employee are given
importance to be open in their thoughts and requested to give their
opinions for the organizational success.
Summary of case
Teamwork: PANTALOONS do all work in team, they work effective
and efficient.
The PANTALOONS Corporation achieve success not only provide
quality product they supply but the atmosphere of corporation and
their effective teamwork.
We learn from PANTALOONS that a good relationship among the
organization & their customers and the great lead to success.
Three Issues that need to be addressed in the planning process:
Equal Treatment
Listen to the Employees
Good Welfare Measure
Motivate Employees
Continue teamwork and communicate properly
Maintain excellent relationship
Key learning’s
Getting a wonderful Team to be interact with and working under
Arivu sir is like doing a Real Job I sometimes feels like I am an
employee. I think Employees are the soul of the company
Punctuality
how to maintain a relation with a co-team
good hand in excel
Even in hard situation here people talks like team mates to solve
the company’s problem/issues
Patience word I really learn from this organization
4 Aspect
Management needs to commit to certain aspects in order to empower
employees, there are 4 aspects
Giving Reward
Developing Competency
Delegating Tasks
Sharing Information
Thank you