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7/30/2019 CavinKare is Now Working Towards a Global
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CavinKare is now workingtowards a globalpresence
MADE BY-
ISHPREET SINGH BAGGABBA 3rd
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Introduction Of Company
In 1983 with a single product, CavinKare
started out as a small partnership firm
Chik India by C.K. Ranganathan.
Chik India, was renamed as BeautyCosmetics in 1990.
In 1998 the Company was renamed as CavinKare Pvt. Ltd (CKPL)
CavinKare Group has crossed a turnover of 11000 million in
2011-2012.
The Company has employee strength of around 3000.
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International business division was formed in 1999 to take the
brands of CavinKare beyond the boundaries of India.
CavinKare is marketing its brands across more than 13 countries
including Srilanka, Nepal, Bangladesh, Malaysia, Singapore, USA
and GCC Countries.
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Problems of Case
Only few innovations are related to lowend segment of consumers ?
Lack of adequate leadership down the Growth line ?
It become a reactive organization but his people were not learning
enough ?
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Solutions of Problems
Out off 10 innovations Ranganathan wants every 7 innovationspresented to him were aimed at relatively lowend segment of
consumers.
His first task was to get the employees to become more achievement
oriented.
He introduced a new working system for better and faster productdevelopment.
He shifted CavinKare's marketing office from Chennai to Mumbai.
The workforce was divided into creators (research and development,
or R&D, marketing and sales), enhancers (production, purchase,logistics and supply chain) and protectors (accounts, finance and
management information system). "Creators are the key group.
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"Growth is directly proportional to a strong leadership pipeline,
Ranganathan Said. This statement is explained with the help
of an example -Pantene slashed its shampoo sachet price from
Rs 1.50 to Rs 1 to match CavinKare's Chik. "We had the
response - a better formulation of shampoo - ready and
launched it in less than a month. It was an improved product at
the same price,
According to this example , the leader of the company directs the
member of the company in a proper way , which improved the growth
rate of the product at the same price . Thats why Ranganathan
statement was true Growth is directly proportional to a strongleadership pipeline
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"Innovation is important but without the right culture, it cannot be
sustained. "According to Ranganathan this statement is also true as
he always says innovation has been the cornerstone of its successthis statement is also explain with the help of the example
CavinKare took on HULs most profitable brand , the fairness cream
Fair and Lovely by launching Fairever in 1998. To get a competitive
edge, Ranganathan included milk and saffron among Fairever's
ingredients - both are traditionally associated with fairness in south
India. The product immediately connected with consumers and
snapped up a market share of 12 per cent at the cost of Fair & Lovely.
According to this example"Innovation helped us take on big
players with minimal marketing and distribution costs," says
Ranganathan.