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    Job · 12468612

    Lifestyle logo

    Senior Manager - Business Development (APTG)

    Lifestyle · Hyderabad · onsite · Posted 64d ago

    Undisclosed10–15 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    Focused expansion of Max stores aligned with the Business Plan, exploring new market opportunities and developing new stores/channels that are profitable.

    Key Responsibilities

    Profitable Expansion of Max Stores in the Region (CICO/FICO/FIFO)

    • Generate and validate leads and evaluate new store opportunities across various locations.
    • Examine new properties along with RM / AM and RPM.
    • Conduct feasibility studies covering building suitability, business viability, financial sustainability and growth with TH/TOM/AM.
    • Prepare New Store Business Proposal Notes and coordinate with the Finance Team for preparation and validation of PFR / IRR workings, Cluster Analysis and Market Feasibility.
    • Liaise with Project & Group IT teams and developers/franchisees for store fit-out execution.
    • Liaise with Corporate Legal Team and developers/franchisees for title due diligence and agreement closure.
    • Ensure completion of new store-related documentation and statutory compliance.

    MIS

    • Update the Wooqer Platform with New Store Proposal reports and follow up with stakeholders for completion.
    • Review and maintain MIS related to new store proposals and expansion.
    • Analyse New Store Business Performance through daily/weekly sales reports, STR and stock cover reports with reference to PFR.
    • Review performance with VP Retail Operations / National Head – Retail Operations and recommend suitable interventions.
    • Review Store Analysis KPI reports, business activity trackers and store P&L.
    • Participate in Regional MBRs to understand business performance and support specific action plans.

    Key Result Areas (KRAs)

    Financial

    • Closure of existing new store proposals and generation of new market opportunities in line with the approved budget.
    • Number of stores moved from below PFR to above PFR levels.

    Customer

    • Delivering new store business performance as per the PFR business plan.

    Competencies

    Knowledge

    • Market Knowledge
    • Real Estate Awareness
    • Financial Acumen
    • Product Knowledge

    Functional Skills

    • Negotiation Skills
    • Interpersonal Skills
    • Analytical Skills
    • Franchise & Developer Management

    Managerial Competencies

    • Strategic Thinking
    • Business Acumen
    • Results Orientation
    • Collaboration

    Knowledge & Skills

    Market Knowledge

    • Geographic, topography, demographic and competition knowledge.
    • Understanding of existing players, market trends and opportunities.

    Real Estate Awareness

    • Awareness of real estate developments and market dynamics.

    Financial Acumen

    • Ability to work on feasibility and financial aspects.
    • Understanding of business drivers and trends such as revenue, costs and customer needs.

    Negotiation Skills

    • Explore positions and alternatives to achieve organizational objectives.
    • Determine the minimal or ideal conditions of the other party during negotiations.
    • Respond to opposing views in a non-defensive manner.
    • Plan and prepare for required outcomes.

    Interpersonal Skills

    • Articulate ideas, information and thoughts clearly.
    • Empathize and build trust.
    • Listen actively and value diverse opinions.
    • Assert ideas and persuade others to gain support and commitment.
    • Use creative approaches to motivate others to meet organizational/team goals.

    Analytical Skills

    • Apply logical reasoning and numerical ability.
    • Identify complex problems and evaluate related information to develop and implement solutions.
    • Identify strengths and weaknesses of alternative solutions and approaches.
    • Consider relative costs and benefits of potential actions.
    • Monitor implementation and verify whether the problem has been resolved.

    Franchise & Developer Management

    • Understand franchisee/developer perspectives.
    • Share business priorities and concerns.
    • Resolve issues effectively.
    • Build stable and long-term relationships.

    Sourced from naukri

    Skills

    PROPERTY AQUISITIONLand DevelopmentLease DeedLand PurchaseProperty MattersReal EstateLand AcquisitionAgreementsLegal DocumentationSite AcquisitionCommercial Leasing

    About Lifestyle

    Lifestyle logo

    Lifestyle

    Retail

    17.2k+

    employees

    1999

    27 years old

    Bangalore / Bengaluru, Karnataka

    headquarters

    ₹4.3L PA avg

    Avg at Lifestyle

    About

    Originating in India in 1999, Lifestyle is an Emirati retail fashion brand which comes under Dubai-based retail and hospitality conglomerate, the Landmark Group.

    Industries

    RetailFashion & Textile

    Employee ratings

    10 reviews

    4.3/ 5

    Culture

    3.7

    Career growth

    3.0

    Work-life

    3.7

    Employees rate it well for

    Overall Company43Company Culture41

    Find them on

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    Senior Manager - Business Development (APTG) · waiting for your command