BEGIN:VCALENDAR VERSION:2.0 PRODID:-//jEvents 2.0 for Joomla//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VEVENT UID:e5a1d3646904b87fe260255a2e2de327 CATEGORIES:Masterclass CREATED:20211120T121117 SUMMARY:Masterclass 07 | New normal in retailing - It is still about shopping stupid! DESCRIPTION: THURSday, JuLY 02, 2020 | 6pm to 7pm IST Masterclass 07 | New normal in re tailing - It is still about shopping stupid!Prof. Nitin Sanghavi | Distingu ished Visiting Faculty, FLAME University;\n Professor, Manchester Business School, UKRetail executives all over India are currently busy focusing on n avigating the crisis mode for their businesses, thinking long and hard abou t the recovery mode and developing/implementing appropriate action plan to jump start the business. Even before India was hit by a corona virus outbre ak, retail industry was going through a ‘rough patch’ due to weak consumer demand, rising input and other costs leading to tighter profitability. But now the outlook for the retail industry is looking much bleaker with signif icant short, medium and long term impact on sales, margins, returns and mar ket share. For Indian retail industry, according to various forecasts, the contraction could be between 20 and 60% in 2020 and positive growth of betw een 4 and 10% in 2021 (compared to the baseline of 2019). For many, their p lanned strategies for the remainder of 2020 will become redundant. For a fe w, it will be a fight for survival. For others, including those who are par t of a large conglomerate, many will ‘wade through’ this crisis but will be left severely battered and bruised. \n \n One thing is clear. Future is no t what it used to be. From now on, ‘changes will be constant’. The impact o f these changes will be across the entire value chain as well as the whole of the retail eco-system cascading on following nine key areas (9’C’s): Con sumers ; Competition; Cash; Costs; Continuity; Company; CSR; Channel/ commu nication mode changes; Corporate valuation \n Welcome to the new world of r etail!\n REGISTER NOW (https://us02web.zoom.us/webinar/register/71159254165 48/WN_lHaZUnpgRsS7BbsJuav71A) \nSpeaker ProfileProf. Nitin Sanghavi | Disti nguished Visiting Faculty, FLAME University;\n Professor, Manchester Busine ss School, UK\nNitin Sanghavi is Professor of Retail Marketing and Strategy at Manchester Business School (MBS), UK.  Nitin joined MBS in 1985, after spending several years holding senior positions in buying, merchandising, o perations and commercial areas for a number major retail and retail-related organisations in the UK and overseas.  He has since taught on and directed a range of executive education programmes for retail, retail-related, fina ncial services, various B-2-B and B-2-C organisations including FMCG organi sations, as well as teaching on Full-time and Executive MBA programmes.  Ni tin has also held / currently holds a number of visiting appointments at un iversities around the world, including, Professor of Retailing at Kobe Univ ersity (Japan); Visiting Fellow at Monash University (Australia); Visiting Professor at University of Texas (USA) , Visiting Speaker at both Universit y of Georgia (USA) and University of St Gallen (Switzerland), Visiting Prof essor at University of Rennés (France),  Visiting Scholar/Professor at Harv ard Business School (USA) , Visiting Professor at ESADE (Spain),Visiting Pr ofessor at SDA Bocconi (Italy), Distinguished Visiting Professor of Retail Management  at Great Lakes Institute of Management (India), Visiting Profes sor at Indian Institute of Management at Ahmedabad (IIMA) (India), Distingu ished Visiting Professor at Flame University, India.\nNitin, ranked as one of the world’s top retail professors and a foremost expert on retail franch ising, has published over 110 academic and other articles, conference paper s chapters, books, case-studies on retail strategy, franchising, internatio nalisation, international marketing , consumer marketing and impact of soci al media especially on branding  and is a frequent speaker at several natio nal and international conferences.  He is/has been elected Life Fellow of t he Royal Society of Arts, Commerce and Manufacturing, a member of the Inter national Society of Franchising and American Collegiate Retail Association, special advisor to the British Council and Commonwealth Secretariat, and s pecial advisor on retailing to the World Bank.  Nitin also acts as a non-ex ecutive director for several retail and retail-related organisations in Eur ope and India (including both the largest department store and one of the l eading Hypermarket chains in India), is strategy advisor to the boards of s everal blue-chip retail and service organisations in Europe and India, and was the founder and director of the MBS Retail Centre –one of the largest p rovider of retail executive education in the world, operating across five c ontinents and in more than 40 countries. He was Associated Editor of The Jo urnal of Global Business and Economic Development and is member of the Edit orial Boards of The Great Lakes Herald (Yale -Great Lakes initiative) and I nternational Journal of Consumer & Business Analytics (Kotler-SRC initi ative). He has been appointed Senior Editor of International Journal of Eme rging Markets, published by Emerald Publishing with a high impact factor.   \nNitin was given the Retail Leadership Award and an award for Retail Excel lence by the Asia Retail Congress in 2008 and 2009 and now sits on the Coun cil of the Asia Retail Congress. He was presented in 2010 with the “Glory o f India Award” by Indo-British Society for his outstanding contribution in relation to knowledge creation and knowledge dissemination to both countrie s. He was given the “Bharat Gaurav” Award in 2015 for outstanding contribut ion in his specialised field and glorifying India.\n X-ALT-DESC;FMTTYPE=text/html:

THURSday, JuLY 02, 2020 | 6pm to 7pm IST

Masterclass 07 | New normal in retailing - It is still about shopping stupid!

Prof. Nitin Sanghavi | Distinguished V isiting Faculty, FLAME University;
Professor, Manchester Business Sch ool, UK

Retail executives all over India are c urrently busy focusing on navigating the crisis mode for their businesses, thinking long and hard about the recovery mode and developing/implementing appropriate action plan to jump start the business. Even before India was h it by a corona virus outbreak, retail industry was going through a ‘rough p atch’ due to weak consumer demand, rising input and other costs leading to tighter profitability. But now the outlook for the retail industry is looki ng much bleaker with significant short, medium and long term impact on sale s, margins, returns and market share. For Indian retail industry, according to various forecasts, the contraction could be between 20 and 60% in 2020 and positive growth of between 4 and 10% in 2021 (compared to the baseline of 2019). For many, their planned strategies for the remainder of 2020 will become redundant. For a few, it will be a fight for survival. For others, including those who are part of a large conglomerate, many will ‘wade throu gh’ this crisis but will be left severely battered and bruised.

One thing is clear. Future is not what it used to be. From now on, ‘chan ges will be constant’. The impact of these changes will be across the entir e value chain as well as the whole of the retail eco-system cascading on fo llowing nine key areas (9’C’s): Consumers ; Competition; Cash; Costs; Conti nuity; Company; CSR; Channel/ communication mode changes; Corporate valuati on
Welcome to the new world of retail!

REGISTER NOW

 

Speaker Profile

Prof. Nitin Sanghavi | Distinguished Visiting Faculty, FLAME University;
Professor, Manchest er Business School, UK

Nitin Sanghavi is Professor of Retail Marketing and Strategy at Manchester Business School (MBS), UK.  Nitin joi ned MBS in 1985, after spending several years holding senior positions in b uying, merchandising, operations and commercial areas for a number major re tail and retail-related organisations in the UK and overseas.  He has since taught on and directed a range of executive education programmes for retai l, retail-related, financial services, various B-2-B and B-2-C organisation s including FMCG organisations, as well as teaching on Full-time and Execut ive MBA programmes.  Nitin has also held / currently holds a number of visi ting appointments at universities around the world, including, Professor of Retailing at Kobe University (Japan); Visiting Fellow at Monash University (Australia); Visiting Professor at University of Texas (USA) , Visiting Sp eaker at both University of Georgia (USA) and University of St Gallen (Swit zerland), Visiting Professor at University of Rennés (France),  Visiting Sc holar/Professor at Harvard Business School (USA) , Visiting Professor at ES ADE (Spain),Visiting Professor at SDA Bocconi (Italy), Distinguished Visiti ng Professor of Retail Management  at Great Lakes Institute of Management ( India), Visiting Professor at Indian Institute of Management at Ahmedabad ( IIMA) (India), Distinguished Visiting Professor at Flame University, India.

Nitin, ranked as one of the world’s top retail professors and a fore most expert on retail franchising, has published over 110 academic and othe r articles, conference papers chapters, books, case-studies on retail strat egy, franchising, internationalisation, international marketing , consumer marketing and impact of social media especially on branding  and is a frequ ent speaker at several national and international conferences.  He is/has b een elected Life Fellow of the Royal Society of Arts, Commerce and Manufact uring, a member of the International Society of Franchising and American Co llegiate Retail Association, special advisor to the British Council and Com monwealth Secretariat, and special advisor on retailing to the World Bank.  Nitin also acts as a non-executive director for several retail and retail- related organisations in Europe and India (including both the largest depar tment store and one of the leading Hypermarket chains in India), is strateg y advisor to the boards of several blue-chip retail and service organisatio ns in Europe and India, and was the founder and director of the MBS Retail Centre –one of the largest provider of retail executive education in the wo rld, operating across five continents and in more than 40 countries. He was Associated Editor of The Journal of Global Business and Economic Developme nt and is member of the Editorial Boards of The Great Lakes Herald (Yale -G reat Lakes initiative) and International Journal of Consumer & Business Analytics (Kotler-SRC initiative). He has been appointed Senior Editor of International Journal of Emerging Markets, published by Emerald Publishing with a high impact factor.  

Nitin was given the Retail Leadership Aw ard and an award for Retail Excellence by the Asia Retail Congress in 2008 and 2009 and now sits on the Council of the Asia Retail Congress. He was pr esented in 2010 with the “Glory of India Award” by Indo-British Society for his outstanding contribution in relation to knowledge creation and knowled ge dissemination to both countries. He was given the “Bharat Gaurav” Award in 2015 for outstanding contribution in his specialised field and glorifyin g India.

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