SlideShare una empresa de Scribd logo
1 de 19
Descargar para leer sin conexión
Fabindia - A Fabric
    of our lives
Contents


•   History of Fabindia
•   Fabindia – a unique business entity
•   Some factoids about us
•   What makes us a great place to work
     − Alignment of ideology
     − Shared ownership and Entrepreneurial work
       culture
     − Growth from within
     − Transparent
     − Empowering women
Historical Perspective

1960 Fabindia Inc established

1976 Flagship store at Greater
     Kailash, FOPL established

1976 – 1994 Single store

1999 – 2011 Grew from 5 stores to
141 stores

Fabindia moved from shy to
aggressive growth, all the while
ensuring profitability in spite of the
near vertical growth
Fabindia – a unique business entity
 Twin Mandate :
• A viable, profitable retail platform for products
  created using hand-based processes

• The creation of skilled, craft-based sustainable jobs
  in the rural sector
The Fabindia Business Model
                                          - Traditional brand loyalty
                                          - Product accessibility
                                              - Visibility
                            Customers         - Range
- Crisil rating of                        - Contemporary
  AA -                                    - Belief in product
- Inclusive
  ownership :
  approx. 70% of
  the staff across
  levels own
  company stock                                  - Sustaining Craft
                            Fabindia             - Artisan
                                                   empowerment


                 Owners /                Artisan
                Employees               Community
Some factoids to understand us
• Employee strength - 1500 +
   – Fabindia Employees – 1100
   – Contracted staff – 400
• An “Equal Opportunity” employer 
   1.78 -1 mix (Men- Women)
   76% of the management are women
• Over 30% staff have been in the company over 5 years
• Ratio of HR to staff 1: 125
• GPW results were very surprising for us 
So how do we make it all work ?
The Fabindia Core Values

• Ownership of Company goals

• Mutual Respect and Humane Approach

• Fairness in our Intent

• Honesty in all our actions

• Result Orientation

• Continuous Improvement

• Leadership by Example
Alignment of Ideology
Driving business success while ensuring sustenance of
  craft
   – Hiring to translate passion for our ethnic crafts and
      business ideology into satisfying careers
   – Our hiring specifications for management levels tests
      candidates on their commitment to the above
   – All induction and orientation processes reinforce the
      dual objectives of our business model
   – Demonstrated belief in organizational values is one of
      the key parameters in performance assessment for
      senior roles
Shared Ownership

Approx. 70% of our employees across levels own the
  company stock
   – Opportunity for Wealth creation
   – Opportunity to partner in success
Entrepreneurial work culture

• Independent SBUs run the regions
   – Decentralized
   – Each store a profit center and each store manager
     an entrepreneur with a P&L responsibility
• Profit sharing plans for over achievement
• COC’s ensures Artisan empowerment
   – Sustainable community development
Performance and Development Focus




             Centres of Excellence

   as drivers for service improvement and focus on
              continuous development
Obligations of a COE

                              To the             To the Store
  To customer
                           Organization              Team
• Consistent             • Conformity to all   • Highly motivated
  standards of             processes             team
  service                • High productivity   • High investment
• Excellent level        • Excellent             in team member
  of customer              customer              development
  interaction              feedback            • Stress reduction
• High levels of         • Training ground       in the working
  personalization          for new               environment as
• Very high                employees /           process
  initiative to get        stores                conformation
  feedback and                                   increases
  give follow up
Support provided to a COE


                  •   Classroom
                  •   On the job
Training inputs   •   Technical
                  •   Behavioral



                  • Motivation through visibility
                    and recognition
 Other inputs     • Process changes / inputs
Growth from Within

• IJP process
   – Opportunities for growth from within
   – Setting people up for the next role
   – Considerate of individual needs – relocations
   – Humane approach in application of policy decisions
• Generalist skills being made specialized
   – Functional and Behavioral competencies for every position
   – Biannual assessment of development needs through multi
     source feedback
   – IDPs and PIPs for every individual up to a certain level
   – Strong alignment of the L&D curriculum with the competencies
   – Training budget available even during the recession
High level of transparency-
All employees are treated as shareholders in decision
   making

• Simple HR processes and policies

• Role of HR is to create disproportionate impact (1:125)
    – work with each employee as an individual
Empowering Women

• 76% of management positions are staffed by women

• Feeling secure, safe and empowered

• Growth and leadership
  • Women Intrapreneurs
In Summary
• We value our unique business model
• We strive to align our business and employee ideologies
• We empower our stakeholders and encourage
  participative ownership of brand Fabindia
• We have a strong focus on development and growth
  from within
• Our core culture has not seen a dilution despite changes
  in our environment
• Every employee feels connected, recognizes his/her role
  in the success story that is Fabindia – in spite of rapid
  growth.
THE VISIONARY

Más contenido relacionado

La actualidad más candente

Fab india Case study - Positioning
Fab india Case study - PositioningFab india Case study - Positioning
Fab india Case study - PositioningGaurav Sharma
 
PRESENTATION ON THE BRAND FABINDIA
PRESENTATION ON THE BRAND FABINDIAPRESENTATION ON THE BRAND FABINDIA
PRESENTATION ON THE BRAND FABINDIAPOOJA
 
Case Study on Fab India- A part of our Marketing Management Assignment
Case Study on Fab India- A part of our Marketing Management AssignmentCase Study on Fab India- A part of our Marketing Management Assignment
Case Study on Fab India- A part of our Marketing Management AssignmentEkankita Agrawalla
 
fab india
fab indiafab india
fab indiatripti4
 
C:\Fakepath\Merchandising Fabindia Ppt
C:\Fakepath\Merchandising Fabindia PptC:\Fakepath\Merchandising Fabindia Ppt
C:\Fakepath\Merchandising Fabindia Pptguest979637
 
Fabindia brand loyalty
Fabindia brand loyaltyFabindia brand loyalty
Fabindia brand loyaltyDisha Pawar
 
Retail Ppt on Van Heusen
Retail Ppt on Van HeusenRetail Ppt on Van Heusen
Retail Ppt on Van Heusensaurabh singh
 
H & m case study
H & m case studyH & m case study
H & m case studyWaseem00791
 
Brand Study of H&M
Brand Study of H&MBrand Study of H&M
Brand Study of H&MALKA YADAV
 
A Study of Fabindia's Sales & Distribution Model
A Study of Fabindia's Sales & Distribution ModelA Study of Fabindia's Sales & Distribution Model
A Study of Fabindia's Sales & Distribution ModelVedanshVarshney
 
louis Philippe Internship Report
louis Philippe Internship Reportlouis Philippe Internship Report
louis Philippe Internship Reportjuhil modi
 

La actualidad más candente (20)

category mgmnt
category mgmntcategory mgmnt
category mgmnt
 
Fab india Case study - Positioning
Fab india Case study - PositioningFab india Case study - Positioning
Fab india Case study - Positioning
 
PRESENTATION ON THE BRAND FABINDIA
PRESENTATION ON THE BRAND FABINDIAPRESENTATION ON THE BRAND FABINDIA
PRESENTATION ON THE BRAND FABINDIA
 
Fabindia
FabindiaFabindia
Fabindia
 
Fabindia
FabindiaFabindia
Fabindia
 
Okhai iima case study
Okhai iima case studyOkhai iima case study
Okhai iima case study
 
Case Study on Fab India- A part of our Marketing Management Assignment
Case Study on Fab India- A part of our Marketing Management AssignmentCase Study on Fab India- A part of our Marketing Management Assignment
Case Study on Fab India- A part of our Marketing Management Assignment
 
Maybelline PPT
Maybelline PPTMaybelline PPT
Maybelline PPT
 
fab india
fab indiafab india
fab india
 
C:\Fakepath\Merchandising Fabindia Ppt
C:\Fakepath\Merchandising Fabindia PptC:\Fakepath\Merchandising Fabindia Ppt
C:\Fakepath\Merchandising Fabindia Ppt
 
Fabindia brand loyalty
Fabindia brand loyaltyFabindia brand loyalty
Fabindia brand loyalty
 
Hidesign Vikas Singh @ IIM Ahmedabad
Hidesign   Vikas Singh @ IIM AhmedabadHidesign   Vikas Singh @ IIM Ahmedabad
Hidesign Vikas Singh @ IIM Ahmedabad
 
Retail Ppt on Van Heusen
Retail Ppt on Van HeusenRetail Ppt on Van Heusen
Retail Ppt on Van Heusen
 
Fab india
Fab indiaFab india
Fab india
 
Marks and spencer
Marks and spencer Marks and spencer
Marks and spencer
 
Zara ppt
Zara pptZara ppt
Zara ppt
 
H & m case study
H & m case studyH & m case study
H & m case study
 
Brand Study of H&M
Brand Study of H&MBrand Study of H&M
Brand Study of H&M
 
A Study of Fabindia's Sales & Distribution Model
A Study of Fabindia's Sales & Distribution ModelA Study of Fabindia's Sales & Distribution Model
A Study of Fabindia's Sales & Distribution Model
 
louis Philippe Internship Report
louis Philippe Internship Reportlouis Philippe Internship Report
louis Philippe Internship Report
 

Similar a Fabindia

Let’s talk about Agile and lean coaching
Let’s talk about Agile and lean coachingLet’s talk about Agile and lean coaching
Let’s talk about Agile and lean coachingHuitale Oy
 
Nidhi Laskar - Resume
Nidhi Laskar - ResumeNidhi Laskar - Resume
Nidhi Laskar - ResumeNidhi Laskar
 
Ps 12 catersource_service
Ps 12 catersource_servicePs 12 catersource_service
Ps 12 catersource_serviceWarren Dietel
 
Human Resources Management [indofil co.]
Human Resources Management  [indofil co.]Human Resources Management  [indofil co.]
Human Resources Management [indofil co.]Bhakti Salunke
 
Dynamic Print for Dscoop9 Recipes for Success – Profitable Operations
Dynamic Print for Dscoop9   Recipes for Success – Profitable Operations Dynamic Print for Dscoop9   Recipes for Success – Profitable Operations
Dynamic Print for Dscoop9 Recipes for Success – Profitable Operations DynamicDave
 
Be in Driver Seat HR Driven Business Sustainability and Growth Model
Be in Driver Seat HR Driven Business Sustainability and Growth Model Be in Driver Seat HR Driven Business Sustainability and Growth Model
Be in Driver Seat HR Driven Business Sustainability and Growth Model Laurence Yap M.A. (UM) CHRM
 
Samvit Insights Profile
Samvit Insights ProfileSamvit Insights Profile
Samvit Insights Profilearijitchanda
 
Culture of quality workshop - Qualsys Training Workshop
Culture of quality workshop - Qualsys Training WorkshopCulture of quality workshop - Qualsys Training Workshop
Culture of quality workshop - Qualsys Training WorkshopQualsys Ltd
 
Developing Talent Solutions Aligned with Business Strategies
Developing Talent Solutions Aligned with Business StrategiesDeveloping Talent Solutions Aligned with Business Strategies
Developing Talent Solutions Aligned with Business Strategiesjcmundy
 
Chris Merriman - Building a Sustainable Innovation Culture in Globally Disper...
Chris Merriman - Building a Sustainable Innovation Culture in Globally Disper...Chris Merriman - Building a Sustainable Innovation Culture in Globally Disper...
Chris Merriman - Building a Sustainable Innovation Culture in Globally Disper...MarkLeeson
 
ANIn Mumbai Feb 2023 | Growing in the most Disruptive Environment by Vishal Maru
ANIn Mumbai Feb 2023 | Growing in the most Disruptive Environment by Vishal MaruANIn Mumbai Feb 2023 | Growing in the most Disruptive Environment by Vishal Maru
ANIn Mumbai Feb 2023 | Growing in the most Disruptive Environment by Vishal MaruAgileNetwork
 
Going Global in Learning: Partnering for Success
Going Global in Learning: Partnering for SuccessGoing Global in Learning: Partnering for Success
Going Global in Learning: Partnering for SuccessHuman Capital Media
 
Developing Talent Solutions Aligned with Business Strategies
Developing Talent Solutions Aligned with Business StrategiesDeveloping Talent Solutions Aligned with Business Strategies
Developing Talent Solutions Aligned with Business Strategiesjcmundy
 
processdesign
processdesignprocessdesign
processdesignEasypeasy
 
sap-quality-vision-mission-policy
sap-quality-vision-mission-policysap-quality-vision-mission-policy
sap-quality-vision-mission-policyAndreas Born
 
Hr impacting business
Hr impacting businessHr impacting business
Hr impacting businessPoushali Dey
 
Ops management lecture 5 quality management
Ops management lecture 5 quality managementOps management lecture 5 quality management
Ops management lecture 5 quality managementjillmitchell8778
 

Similar a Fabindia (20)

Let’s talk about Agile and lean coaching
Let’s talk about Agile and lean coachingLet’s talk about Agile and lean coaching
Let’s talk about Agile and lean coaching
 
Nidhi Laskar - Resume
Nidhi Laskar - ResumeNidhi Laskar - Resume
Nidhi Laskar - Resume
 
Ps 12 catersource_service
Ps 12 catersource_servicePs 12 catersource_service
Ps 12 catersource_service
 
Human Resources Management [indofil co.]
Human Resources Management  [indofil co.]Human Resources Management  [indofil co.]
Human Resources Management [indofil co.]
 
Dynamic Print for Dscoop9 Recipes for Success – Profitable Operations
Dynamic Print for Dscoop9   Recipes for Success – Profitable Operations Dynamic Print for Dscoop9   Recipes for Success – Profitable Operations
Dynamic Print for Dscoop9 Recipes for Success – Profitable Operations
 
Be in Driver Seat HR Driven Business Sustainability and Growth Model
Be in Driver Seat HR Driven Business Sustainability and Growth Model Be in Driver Seat HR Driven Business Sustainability and Growth Model
Be in Driver Seat HR Driven Business Sustainability and Growth Model
 
TQM, CYBER
TQM, CYBERTQM, CYBER
TQM, CYBER
 
Samvit Insights Profile
Samvit Insights ProfileSamvit Insights Profile
Samvit Insights Profile
 
Culture of quality workshop - Qualsys Training Workshop
Culture of quality workshop - Qualsys Training WorkshopCulture of quality workshop - Qualsys Training Workshop
Culture of quality workshop - Qualsys Training Workshop
 
Developing Talent Solutions Aligned with Business Strategies
Developing Talent Solutions Aligned with Business StrategiesDeveloping Talent Solutions Aligned with Business Strategies
Developing Talent Solutions Aligned with Business Strategies
 
Chris Merriman - Building a Sustainable Innovation Culture in Globally Disper...
Chris Merriman - Building a Sustainable Innovation Culture in Globally Disper...Chris Merriman - Building a Sustainable Innovation Culture in Globally Disper...
Chris Merriman - Building a Sustainable Innovation Culture in Globally Disper...
 
ANIn Mumbai Feb 2023 | Growing in the most Disruptive Environment by Vishal Maru
ANIn Mumbai Feb 2023 | Growing in the most Disruptive Environment by Vishal MaruANIn Mumbai Feb 2023 | Growing in the most Disruptive Environment by Vishal Maru
ANIn Mumbai Feb 2023 | Growing in the most Disruptive Environment by Vishal Maru
 
Going Global in Learning: Partnering for Success
Going Global in Learning: Partnering for SuccessGoing Global in Learning: Partnering for Success
Going Global in Learning: Partnering for Success
 
BFBM(13-2015) Waves of change bfbm-13
 BFBM(13-2015) Waves of change  bfbm-13 BFBM(13-2015) Waves of change  bfbm-13
BFBM(13-2015) Waves of change bfbm-13
 
Developing Talent Solutions Aligned with Business Strategies
Developing Talent Solutions Aligned with Business StrategiesDeveloping Talent Solutions Aligned with Business Strategies
Developing Talent Solutions Aligned with Business Strategies
 
processdesign
processdesignprocessdesign
processdesign
 
sap-quality-vision-mission-policy
sap-quality-vision-mission-policysap-quality-vision-mission-policy
sap-quality-vision-mission-policy
 
Hr impacting business
Hr impacting businessHr impacting business
Hr impacting business
 
Sudipto CV
Sudipto CVSudipto CV
Sudipto CV
 
Ops management lecture 5 quality management
Ops management lecture 5 quality managementOps management lecture 5 quality management
Ops management lecture 5 quality management
 

Más de Best Workplaces Conference

Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Best Workplaces Conference
 
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Best Workplaces Conference
 
Mindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceMindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceBest Workplaces Conference
 
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Best Workplaces Conference
 
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...Best Workplaces Conference
 
Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Best Workplaces Conference
 
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Best Workplaces Conference
 
Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Best Workplaces Conference
 
TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)Best Workplaces Conference
 

Más de Best Workplaces Conference (20)

Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
 
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
 
Mindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceMindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces Conferece
 
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
 
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
 
Make my trip, final, bd version
Make my trip, final, bd versionMake my trip, final, bd version
Make my trip, final, bd version
 
My story as ceo (ajay kaul)
My story as ceo (ajay kaul)My story as ceo (ajay kaul)
My story as ceo (ajay kaul)
 
Patu Keswani - Founder, Lemon Tree Hotels
Patu Keswani - Founder, Lemon Tree HotelsPatu Keswani - Founder, Lemon Tree Hotels
Patu Keswani - Founder, Lemon Tree Hotels
 
Godrej Industries - August 2012
Godrej Industries - August 2012Godrej Industries - August 2012
Godrej Industries - August 2012
 
Arvind Brands and Retail- August 2012
Arvind Brands and Retail- August 2012Arvind Brands and Retail- August 2012
Arvind Brands and Retail- August 2012
 
Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012
 
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
 
Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012
 
TPG Software- Rewards and Recognition
TPG Software- Rewards and RecognitionTPG Software- Rewards and Recognition
TPG Software- Rewards and Recognition
 
Aditi Technologies
Aditi TechnologiesAditi Technologies
Aditi Technologies
 
Sap labs
Sap labsSap labs
Sap labs
 
American Express
American ExpressAmerican Express
American Express
 
TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)
 
Reliance Commercial Finance
Reliance Commercial FinanceReliance Commercial Finance
Reliance Commercial Finance
 
Music Broadcast- Radio City
Music Broadcast- Radio CityMusic Broadcast- Radio City
Music Broadcast- Radio City
 

Último

NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 

Último (20)

NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 

Fabindia

  • 1. Fabindia - A Fabric of our lives
  • 2. Contents • History of Fabindia • Fabindia – a unique business entity • Some factoids about us • What makes us a great place to work − Alignment of ideology − Shared ownership and Entrepreneurial work culture − Growth from within − Transparent − Empowering women
  • 3. Historical Perspective 1960 Fabindia Inc established 1976 Flagship store at Greater Kailash, FOPL established 1976 – 1994 Single store 1999 – 2011 Grew from 5 stores to 141 stores Fabindia moved from shy to aggressive growth, all the while ensuring profitability in spite of the near vertical growth
  • 4. Fabindia – a unique business entity Twin Mandate : • A viable, profitable retail platform for products created using hand-based processes • The creation of skilled, craft-based sustainable jobs in the rural sector
  • 5. The Fabindia Business Model - Traditional brand loyalty - Product accessibility - Visibility Customers - Range - Crisil rating of - Contemporary AA - - Belief in product - Inclusive ownership : approx. 70% of the staff across levels own company stock - Sustaining Craft Fabindia - Artisan empowerment Owners / Artisan Employees Community
  • 6. Some factoids to understand us • Employee strength - 1500 + – Fabindia Employees – 1100 – Contracted staff – 400 • An “Equal Opportunity” employer  1.78 -1 mix (Men- Women) 76% of the management are women • Over 30% staff have been in the company over 5 years • Ratio of HR to staff 1: 125 • GPW results were very surprising for us 
  • 7. So how do we make it all work ?
  • 8. The Fabindia Core Values • Ownership of Company goals • Mutual Respect and Humane Approach • Fairness in our Intent • Honesty in all our actions • Result Orientation • Continuous Improvement • Leadership by Example
  • 9. Alignment of Ideology Driving business success while ensuring sustenance of craft – Hiring to translate passion for our ethnic crafts and business ideology into satisfying careers – Our hiring specifications for management levels tests candidates on their commitment to the above – All induction and orientation processes reinforce the dual objectives of our business model – Demonstrated belief in organizational values is one of the key parameters in performance assessment for senior roles
  • 10. Shared Ownership Approx. 70% of our employees across levels own the company stock – Opportunity for Wealth creation – Opportunity to partner in success
  • 11. Entrepreneurial work culture • Independent SBUs run the regions – Decentralized – Each store a profit center and each store manager an entrepreneur with a P&L responsibility • Profit sharing plans for over achievement • COC’s ensures Artisan empowerment – Sustainable community development
  • 12. Performance and Development Focus Centres of Excellence as drivers for service improvement and focus on continuous development
  • 13. Obligations of a COE To the To the Store To customer Organization Team • Consistent • Conformity to all • Highly motivated standards of processes team service • High productivity • High investment • Excellent level • Excellent in team member of customer customer development interaction feedback • Stress reduction • High levels of • Training ground in the working personalization for new environment as • Very high employees / process initiative to get stores conformation feedback and increases give follow up
  • 14. Support provided to a COE • Classroom • On the job Training inputs • Technical • Behavioral • Motivation through visibility and recognition Other inputs • Process changes / inputs
  • 15. Growth from Within • IJP process – Opportunities for growth from within – Setting people up for the next role – Considerate of individual needs – relocations – Humane approach in application of policy decisions • Generalist skills being made specialized – Functional and Behavioral competencies for every position – Biannual assessment of development needs through multi source feedback – IDPs and PIPs for every individual up to a certain level – Strong alignment of the L&D curriculum with the competencies – Training budget available even during the recession
  • 16. High level of transparency- All employees are treated as shareholders in decision making • Simple HR processes and policies • Role of HR is to create disproportionate impact (1:125) – work with each employee as an individual
  • 17. Empowering Women • 76% of management positions are staffed by women • Feeling secure, safe and empowered • Growth and leadership • Women Intrapreneurs
  • 18. In Summary • We value our unique business model • We strive to align our business and employee ideologies • We empower our stakeholders and encourage participative ownership of brand Fabindia • We have a strong focus on development and growth from within • Our core culture has not seen a dilution despite changes in our environment • Every employee feels connected, recognizes his/her role in the success story that is Fabindia – in spite of rapid growth.