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based on 2.4k Reviews

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1 Titan Company Business Manager Job

Business Manager- Taneira

7-10 years

Bangalore / Bengaluru

1 vacancy

Business Manager- Taneira

Titan Company

posted 3mon ago

Job Description

Job Description: Business Manager : Taneira


Reporting to: Regional Business Head & Head-Retail (Taneira)

Business: Sarees & Indianwear

Location : Bengaluru (managing KA, AP, TL, Goa)


Job Details: To drive sales and achieve profitability targets of Taneira by managing operations of stores within assigned geographical region together with delivering high quality service to customers. Profile will also mange and report & review the performance of ABM in that territory.


External/ Internal Interfaces

  • Key customers
  • Franchisee partners & staff
  • Third Party Service Providers
  • External auditors
  • Regional team
  • IRSG team
  • VM team
  • Merchandising teams
  • Design teams
  • Product and Brand teams
  • Support teams

Job Requirements: MBA

Relevant Experience: 12-15 years of experience. 8 -10 years (experience of handling a team)


Behavioural Skills

  • Customer Centricity
  • Delivers Results
  • Interpersonal Effectiveness
  • Build Effective Teams
  • Ambiguity tolerance
  • Nurtures Relationships
  • Influence for Impact
  • Innately Curious

Knowledge

  • Sales/ retail experience
  • Business acumen
  • Analytical ability
  • Vendor management


Process ContributionsProcess ContributionProcess OutcomePerformance MeasureSales: Sales Planning: Business Plan Formulation

  1. Contribute to the development of Retail strategy within the region and ensure its translation and alignment during its development and execution
  2. Create and seek approval of all activities effecting the functional P&L like quarterly budgets, annual targets, expansion plan etc. for the regions from business heads
  3. Develop and approve the annual business targets to the respective areas/ ABMs based on the sales targets driven by the corporate and develop store wise/ variant wise targets
  4. Develop and approve manpower optimization strategies for the retail function
  • Annual business plan
  • Year on Year business growth

Sales: Evaluation and Control: Conducting Business Performance Reviews

  1. Monitor the financial performance of the stores against budgets so that areas of unsatisfactory performance are identified and rectified promptly and potential performance improvement opportunities are capitalised upon
  2. Develop and implement reporting & review mechanisms to track operational performance and ensure course correction & corrective action, as appropriate.
  • Business performance review calendar
  • Percentage of deviation from target achievement

Sales: Network Expansion

  1. Provide approval on the annual plan proposed by the ABM on store expansion in new regions and renovation of existing store based on the annual targets approved by business
  2. Approve the ROI projections for the new upcoming stores presented by the network expansion manager
  3. Ensure and monitor the expansion of retail stores across the region as per the targets and propose countermeasures when required
  4. Provide support and approve budgets to enable new stores in achieving their targets
  5. Propose alternative options in case of deviations in the expansion plans and seek approval from the RBM
  • Expansion schedule
  • Percentage of market penetration
  • Customer satisfaction score
  • Increase in sales

Retail Operations: Franchisee Management

  1. Engage with partners on periodic intervals to understand the operational difficulties in the business, resolve any escalations and build relations at professional and personal level
  2. Manage issues related to the partners within the area and escalate complicated cases to the RBM in case of support required
  • Stakeholder management policy
  • Franchisee satisfaction score

Retail Operations: Retail Marketing: Budget Allocations

  1. Approve marketing plans and budgets for regions/ stores/ franchisee in coordination with ABMs after analysing the situation.
  • Annual marketing calendar
  • Increase in sales
  • Increase in customer satisfaction scores

Retail Operations: Field Sales Operations Management: Franchisee Operations and Financial Planning

  1. Provide exceptional approvals on interventions targeted towards improving concerned stores, franchisees or regions which would include marketing support, stock accumulation, organize local events etc.
  • Operations management policy
  • Adherence to timelines

Sales: Retail Operations: Competition Tracking

  1. Provide inputs to the retail teams on performance of competition - Sales / Network / Offers
  2. Provide inputs on development of new initiative or developments in market.
  • Scheme roll out
  • Adherence to timelines

Retail operations: Store operations: Product sales

  1. Drive sales culture across all stores under the assigned region; conduct regular visits to resolve administrative issues in the assigned region
  • Operations management policy
  • Number of administrative issues in the stores

Sales: Retail Operations: Incentive Management

  1. Ensure smooth execution of the annual incentive schemes for the store staff (eg- retail champs) designed by the retail operations team
  2. Conduct quarterly review to assess the effectiveness of the incentive scheme and propose course corrections accordingly
  3. Coordinate with relevant stakeholders in executing the prolip incentive schemes across the division with coordination from the HR teams
  • Incentive policy
  • Employee satisfaction score
  • Additional revenue contributed

Retail Operations: Field Sales Operations Management: Customer Complaint Resolution

  1. Ensure customer complaints in the regions are as per the defined SLA and coordinate with relevant stakeholders for quick resolution of escalated customer issues
  2. Provide budgetary approval for resolving critical customer issues
  • Complaint resolution policy
  • Customer satisfaction scores

After Sales Support: Customer Service & Support

  1. Ensure implementation of the approved lean practices across the stores and provide adequate support to the Customer Experience Executive in training, introducing recognition programs etc.
  2. Ensure Karat meter / Karigar Room and other service equipment are in place at all relevant locations.
  • Product service Management
  • Efficiency of operations

Sales: Retail Operations: Training and Development

  1. Conduct training need identification exercise for all ABMs , Retail Store Teams
  2. Ensure new product introduction training to relevant stakeholders in coordination with the People team
  • Annual training calendar
  • Effectiveness of training
  • Improvement in sales

Sales: Retail Operations: Recruitment & Selection

  1. Conduct interviews to support selection for critical positions in the store/ region in coordination with People team
  • Recruitment SOPs
  • Quality of new hires

People & Talent Management

  1. Drive a culture of diversity, performance and transparency in the region and ensure the employees in the region are engaged
  2. Mentor and develop staff using a supportive and collaborative approach
  3. Ensure talent pipeline is created by succession planning for the critical positions in the region
  4. Set Objectives for team aligned to the organizational / functional goal
  5. Liaise with People team on relevant people deliverables
  6. Monitor the implementation of the Sales Training Program for the region

  • Employee Engagement
  • Performance
  • Diversity & Integration



Employment Type: Full Time, Permanent

Functional Areas: Sales

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People are getting interviews at Titan Company through

(based on 89 Titan Company interviews)
Job Portal
Campus Placement
Company Website
Referral
Walkin
Recruitment Consultant
32%
19%
10%
8%
8%
3%
20% candidates got the interview through other sources.
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High Confidence means the data is based on a large number of responses received from the candidates.

What Business Manager at Titan Company are saying

3.0
 Rating based on 5 Business Manager reviews

Likes

Job security

Dislikes

No growth / opportunities/ Career development Not good salary growth Culture is full of politics SMT is very rigid on their decision/ Giving feedback is not allowed and not appreciated

Read 5 reviews

Business Manager salary at Titan Company

reported by 20 employees with 3-17 years exp.
₹12.8 L/yr - ₹29 L/yr
73% more than the average Business Manager Salary in India
View more details

What Titan Company employees are saying about work life

based on 2.4k employees
60%
40%
37%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Titan Company Benefits

Submitted by Company
Employee Assistance Program
Internal Career Mobility
Rewards and Recognition
Employee Friendly Policies
Health Benefits
Women Thrive +2 more
Submitted by Employees
Job Training
Health Insurance
Soft Skill Training
Free Food
Team Outings
Cafeteria +6 more
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Titan Company Bangalore / Bengaluru Office Locations

View all
Bengaluru/Bangalore, Karnataka Office
Headquarter
Titan Company Limited, Tower A, Golden Enclave, Airport Road, Bangalore, Karnataka 560017, IN Bengaluru/Bangalore, Karnataka
Bengaluru Office
All India Institute Of Local Self Government, Komarla Plaza, 1st floor, 3rd Main, 8th Cross, Margosa Road, Malleshwaram, Near SBI Bank, Opp Sudarshan Family store, Above Titan Eye+ Optical Show room Bengaluru
Karnataka 560003

Business Manager- Taneira

7-10 Yrs

Bangalore / Bengaluru

3mon ago·via naukri.com
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