Go Luxe, Get Hired ; Luxury Goods Purveyors, Who See a Rich Market in India, Are Hunting for Talent.

Summary

---

In February this year, Ram Iyer took a shot in the dark. The 38- year-old left Marico, where he cut his teeth and worked for 14 years in FMCG functions like materials planning, plant set-up and commodity buying, to plunge head long into high-end retail, as Director-Operations, Madura Garments. It was a 180 degree direction change. Says Iyer: FMCG is all about high volumes and low prices; high-end retail is all about low volumes but higher price points. This sets the context for organisation structures, systems and processes across the value chain.

However, his last job as Head, Operations, at Marico's successful Kaya Skin Clinic, made the transition slightly easier. As he puts it: Both were start-ups (Madura is eyeing super-premium brands), and I love being a player rather than a bystander. The key, he adds, is to have an entrepreneurial mindset. Taking decisions and moving forward is better than the analysisparalysis syndrome. While some like me have taken the risk, there are many who are comfortable in their existing domains.

See the full content of this document

Extract

---

Go Luxe, Get Hired ; Luxury Goods Purveyors, Who See a Rich Market in India, Are Hunting for Talent.

If Saloni Nangia, Vice President, Technopak, is to be believed, Iyer has, in all probability, hit the bull's eye with this change in career path. There are lots of opportunities in the arena of luxury brands at the moment and the people who make the most of it now will be the frontrunners in future. Tha...

See the full content of this document

---