Indian Business Leader

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Tuesday 7 De

cember 2021

INDIAN BUSINESS LEADER

Prabu
Poorna Chandra
Shri Vivek

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Mr. D. NAVANITHA KRISHNAN

Managing Director – Kannan Departmental Stores


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Personal Background
 Born on 22 Feb 1955

 Karuvelampadu Village at Thoothukudi District

 Completed his S.S.L.C. in Nazaragth village.

 From childhood, he had a thurst of achiving in his


life
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Business Career
 Started his career in a small grocery store

 By experience, he learnt to manage a grocery store.

 Started a retail store, in partnership with his close relative


Mr.Thanuskaran (Chairman)

 In 1985,they started Sangeetha shopping center.

 In 1989, they started Kannan Departmental stores with 5


employees.
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Business Career
Initial Problems in Career:

 Financial issues

 Lack of Experience
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Current Status of Kannan


Departmental Stores
 30 Branches in southern Tamil Nadu.

 Annual sales over 500 Crores.

 Employee Strength – 4000.

 Also they own two petrol bunks in Erode.


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Branches
 Erode  Madurai
 Pallipalayam  Tiruchengode
 Tirupur  Namakkal
 Thiruchi  Gobichattipalayam
 Coimbatore  Mettupalayam
 Pollachi
 Avinashi
 Karur
 Salem
 Palani
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Leadership Qualities
 Spirituality

 Believes in “Cause & Effect”

 Quality products to the customers

 Concentrating on future growth of the organisation

 Caring for the welfare of the employees


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Marketing Strategies
 Customer satisfaction

 Best quality at affordable price

 All things available in one place

 Daily offers for the customers

 Premium card for the regular customers


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Marketing Strategies
 Ready made dresses are failure in Erode

 But this become success in Tirupur

 Vegetables business was a failure initially. Later


they were successful in Erode.

 Food, Snacks & bakery at their departmental


stores
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Motivation for Employees


 Conducting trainings for the new employees

 Free Accommodation & Food is provided for the employees

 Motivational games

 Rewards for the well servicing employee

 Planning to help the employees` children education in a


large scale
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Motivation for Employees


 The employees are scolded for the failure doing
their work

 The employees are not to be scolded personally


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M.D.’s Message

 Taking in to consideration of time and place, if


you work intelligently can make this world in to
yours.

 If you strongly believe what you want to achieve


and concentrate, you can achieve.

 Without an aim no one can live.


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Message to Students
 Students & the Parents have a mind set for a decent
job.

 Going for a job is to gain some experience.

 He wants the youngsters to have the risk taking


capability.

 He believes only the entrepreneurs can make a wealthy


society.
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Future aim of Kannan


Departmental Stores

 To operate in all the major towns & cities of Tamil


Nadu.
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References

 Interview in personal dated: 1.10.2010

 http://www.shrikannan.com/index1.html (Dated:
1.10.2010)
Tuesday 7 De
cember 2021

Thank You

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