Provide inputs on all activities effecting the functional P&L like quarterly budgets, annual targets, expansion plan etc. for the regions to Lead LFS Operations.
Develop and jointly agree on the annual business targets of the respective regions based on the sales targets driven by the corporate, market analysis on potential sales for the next year, and develop state-wise/ brand-wise/ variant-wise/ targets.
Monitor the financial performance of the areas against budgets to identify areas of unsatisfactory performance; propose countermeasures and potential performance improvement opportunities periodically.
Develop and implement reporting & review mechanisms to track operational performance and propose course correction & corrective action, as appropriate.
Create and seek approvals on marketing plans and budgets for LFS stores in coordination with Lead LFS after analysing the markets & competition.
Create and seek approvals on the annual overhead expenses in the region which include VM fixtures, travel expenses etc.
Design and develop the marketing support to the LFS stores in terms of VM updation, gift with purchase introduction, promotions etc.
Develop proposals on innovative ways of promotion and negotiate with local stakeholders.
Provide inputs to Lead LFS-Women’s Bags to develop nation-wide schemes.
Design, develop and seek budget approvals on region specific schemes for potential seasonal improvement in sales.
Conduct training need identification exercise for all RE’s and coordinate with the HR team to execute trainings.
Drive a culture of diversity, performance and transparency in the region and ensure the employees in the region are engaged.
Mentor and develop staff using a supportive and collaborative approach.
Ensure talent pipeline is created by succession planning for the critical positions in the region.
Set Objectives for Reportees aligned to the organizational /functional.
