Saturday, October 19, 2013

Book Review: It Happened in India

Big bazaar, Pantaloons and Central must have attracted every Indian consumer through its product diversity and competitive pricing. But the how a man managed to establish modern retail in India where retailing was largely disorganised and lacked any success story to imitate? It Happened in India is the story of Future Group, of Big bazaar, Pantaloons and Central, of Kishore Biyani, of Modern Retail. In the book Kishore Biyani and Dipayan Baishya have elaborated the genesis and development of the entrepreneur Kihsore Biyani.
The book has eight chapters, but could be divided into three distinct parts: emergence of Kishore as an entrepreneur, establishment and growth of Future Group, and the management style and future outlook of the company.
Kishore despite his middle class trading family background had the power to dream big and understand the intricacies of business. He mustered the courage to tread the unexplored path and demonstrated his entrepreneurial ability. Ability to arrange Dandia nights in his locality, launching of WBB fabric brand acted as the steeping stones for Kishore.
Future group had confidence in the consumption power of Indian consumer and thus focused on the common people. The book explains how the group understood Indian consumer, how the Sarvana store of Chennai acted as a role model for the group, how issues related to real estate, advertising were managed.
The book also discusses the management style and organization issues of the group. Some of the management concepts are explained in a digestible format for easy understanding of an average reader.
The short narrations by various stakeholders attached to the business make the book interesting. The narrations provide a neutral view on Kishore’s management style and the merits-demerits associated with it.
The detailed descriptions on management principles and functional aspects appear more of a text book kind of reading. Some of the management styles and principle discussed lacks any kind of uniqueness and appears common across the industry, so some portions of the book may look redundant.

If you want to understand the evolution of modern retail in India, this book will be a help.

Book Review: Shripadachihna Sandhanare (Odia)

This book by the legend Manoj Das amuses the reader with the magic words of the author and through the link of contemporary life to the events of the great epics of Mahabharata and Gita. The backdrop of the stories revolves around the religious places of Mathura, Vridaban, Dwarka, Kurukhestra and the author's own village and experiences as a kid.
The books ends with an interesting note on the questions of realities of the presence of Christ, Krishna, siege of Troy and Mahabharata.
Read if you don't believe in God! A great thought experiment! Unique in its style. Manoj Das as usual touches the heart and psyche of the reader.
Spending time on this book is like investing on yourself, so go for it.