Nuts 'n' Spices - India reposted this
The third panel discussion at the Chennai Retail Summit, moderated by Suhail Sattar, Managing Director of Hasbro Clothing Pvt. Ltd. & Chairman of the Chennai Chapter, the Retailers Association of India highlighted how traditional businesses navigate the fine line between maintaining their heritage and embracing modern changes. Here are some powerful insights from our esteemed speakers: - Kavin Venkatesh, Executive Director, Maybell: "The balance happens by force. My dad got me into the business because I understood e-commerce better. The resilience is something I got from dad, but he got the fresh ideas from me." Kavin’s perspective shows the generational shift driving innovation while upholding legacy. - Mohit Issrani, Executive Director, KOBLERR FOOT WEAR & ACCESSORIES PRIVATE LIMITED: "To understand the balancing act, we have to understand the journey. How can I understand the pain of a manager without understanding the process?" A reminder that empathy and hands-on experience are crucial for effective leadership. - Siddhanth A.V.R, Director, AVR Swarnamahal Jewelry Limited: "I come from a 96-year-old company, and my childhood was spent with hours in the store. Our grandparents and parents would ask us our opinions. When AI was getting embraced by all, I wanted to see how it would help the industry. We were one of the first jewelry stores to introduce an in-house experience" Siddhant's experience highlights how involving the next generation can ensure that businesses stay relevant. - Pratik Sanklecha, Digital Operations Head, Nuts 'n' Spices - India: "When it comes to changing modern, we launched our own app. People wanted their products to reach them immediately. We wanted our customers to stay with us." Pratik’s journey reflects how businesses are meeting evolving consumer needs through digital transformation. - Sharon Kiron, Executive Director, Hi-style India Private Limited: "My biggest challenge was understanding it and putting that together. This also meant making people change, which was a larger challenge." Sharon’s insights underline the complexities of change management in traditional setups. These leaders have shown us that embracing change doesn’t mean losing tradition—it’s about finding the right balance that respects the past while boldly stepping into the future. #CRS2024 #Event #Leadership #RetailEvent #Retailers #Brand #RetailMarketing #Networking #Insights #Growth #Speakers #Innovation #Retail