
P. N. Gadgil Jewellers Shares Inspiring Business Lessons from Its Remarkable Transformation Journey
This communiquรฉ from YRC, a retail and eCommerce consulting firm, offers insights on how PNG Jewellers evolved into a global brand.
๐ฃ. ๐ก. ๐๐ฎ๐ฑ๐ด๐ถ๐น ๐๐ฒ๐๐ฒ๐น๐น๐ฒ๐ฟ๐ - ๐ง๐ต๐ฒ๐ป ๐ฎ๐ป๐ฑ ๐ก๐ผ๐
With its roots of establishment in Sangli in the state of Maharashtra in India and a history of craftsmanship, trust, and excellence since 1832, P. N. Gadgil Jewellers has evolved into one of the most admired ๐ท๐ฒ๐๐ฒ๐น๐น๐ฒ๐ฟ๐ ๐ฏ๐ฟ๐ฎ๐ป๐ฑ๐ in India. This family business house grew in scale and goodwill with contributions from each generation. A strategic decision in 2010 flagged the beginning of a new era for the business house with two groups charting unique growth trajectories with each stepping into modern ways of retailing while carrying the original heritage. This strategic move gave the business house access to wider markets, operational excellence, and an organized approach to scale the business in a multi-faceted way.
Get advise for Retail Business Consulting : https://www.yourretailcoach.in/contact/
๐ฉ๐ถ๐๐ถ๐ผ๐ป, ๐๐ฒ๐ฎ๐ฑ๐ฒ๐ฟ๐๐ต๐ถ๐ฝ, & ๐๐ ๐ฒ๐ฐ๐๐๐ถ๐ผ๐ป
โNo outside facilitation can substitute the strategic grasp and discernment that a business owner carries for his or her businessโ - Dr Rupal Agarwal, CSO, YourRetailCoach.
The vision, leadership, execution skills of Mr Saurabh Gadgil played a momentous role in the evolution and sustainable success of PNG Jewellers. His approach towards planning, strategy formulation, and team building combined with an insightful understanding of the modern ways of retailing are some of the hallmarks of his business acumen and a display of his mastery over entrepreneurship.
Get advise for Retail Business Consulting : https://www.yourretailcoach.in/contact/
๐จ๐ฝ๐ต๐ผ๐น๐ฑ๐ถ๐ป๐ด ๐๐ฒ๐ฟ๐ถ๐๐ฎ๐ด๐ฒ ๐๐ถ๐๐ต ๐ ๐ผ๐ฑ๐ฒ๐ฟ๐ป๐ถ๐๐ฎ๐๐ถ๐ผ๐ป
PNG Jewellers exemplifies a success story of a traditional business house stepping into the modern world of retailing while preserving deeply-rooted values, business ethos, and excellence in craftsmanship. For a family business that is nearly two centuries old, this transformation was never an easy ask to begin with. However, the business house successfully transitioned itself across eras considering how much the world had changed over such a long period. The essence of this transformation is reflected across the chain of stores of PNG Jewellers.
Get advise for Retail Business Consulting : https://www.yourretailcoach.in/contact/
๐ฆ๐๐๐๐ฎ๐ถ๐ป๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ผ๐น๐ฑ๐ฒ๐ป ๐๐ป๐ณ๐น๐๐ฒ๐ป๐ฐ๐ฒ ๐ผ๐ณ ๐๐ผ๐๐ป๐ฑ๐ฒ๐ฟ๐
The act of being able to carry forward the vision and values instilled by the founder(s) of a business house, by its successors is a big achievement in itself. This does not come easy, especially when we are talking about time in the centennials. For starters, every new generation brings with it new ways of thinking and doing things derived from the demands of corresponding times. Secondly, growth and expansion often call for drastic changes in operations. In the last few decades, technology has also undergone huge changes, consumer behaviour has shifted remarkably, and the competitive landscape has diversified. All these developments, taking place progressively over time, necessitate business owners of the corresponding times to adjust business strategies and policies accordingly.
With a long stint in family ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐๐ฟ๐ฎ๐ป๐๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐ฐ๐ผ๐ป๐๐๐น๐๐ถ๐ป๐ด, YRC maintains that PNG Jewellers continues to be inspired by the vision and values of its founder - Dajikaka Gadgil. Even today, after almost two hundred years, PNG Jewellers continues to be driven by its deeply-rooted principles of winning customer trust, excellence in craftsmanship, and enduring business ethics.
Get advise for Retail Business Consulting : https://www.yourretailcoach.in/contact/
Rupal Nikhil Agarwal
YourRetailCoach
+91 98604 26700
consult@mindamend.net
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