Sunday, September 25, 2011

Career in Retail - Why ?

Career in Retail - a tough rewarding choice!

I was at a Management Institute on Friday, talking to students why they should consider a career in retail in today's economy.

While i will get into different options within retail in a separate blog, am trying to put together top 3 reasons why one should get into retail :

Reason No 1 - " there are no set rules still " - If you are one of the dreamers, who believes in old fashioned "create a dent in the universe theory" - this is the field. With hardly any work done on processes and management capabilities in Inian retail - the field needs people who hate to work with SOP's from day one in their job. No wonder, that people who deliver grow really fast. it took me 8 years to head a company, one of my friends became head of operations for one international brand in 5 years time.

Reason No 2 - "Young, fun and learning industry" - In one of my earlier jobs, i have stayed at a plant where average age was 50, and trust me - it was helll of a month for me. This industry is young, this industry enjoys college kind of culture at work - loves to see people making mistakes and learning from them.

Reason No 3 - "There is money - enough and more" - Yes, i have seen salary jump from Rs 2 lacs per annum to 28 lacs per annum for the friend of mine mentioned in point no 1. I have seen jump of 60 times for another friend who started her career with selling on shop floor. I have myself seen 15 times salary jump in these 9 years of my career.

In a nutshell - Learn, Earn and Fun - summarise three reasons to be part of this wonderful industry!!

Looking out for people who dream to create that famous dent in the universe.

Vikas