Reflections #9 | How Culture can be a cut above the rest! A view on the Decathlon way.
Experiencing with my own eyes as a former team member, and observing over the years on what makes the heart-beat at the core of an organization encouraged me to capture this.
Having quietly studied different organizations I've been fortunate to be a part of, it brings forth an intuitive yet gripping need to understand what makes us tick, and why it's important to nurture that one thought towards scale. That is the CULTURE at the core.
According to me, Culture is something we do because we believe it's the right thing to do, and not because it is politically correct!
Company culture is often something you can feel, even as an outsider! (https://shorturl.at/fiPfB)
And in a right cultural setting, people always come first, and this directly affects company performance in key metrics, including employee retention, finances, customer service and innovation. The WILL TO DO from our people is almost guaranteed with a great culture in place.
I believe that when the basic tenets get shaken, falling back onto our core values helps us as a guiding path to overcome whatever complexity in decision making we might face.
Recently a colleague mentioned how during Covid, his company founder told them - Go out and save anyone you can in your friends and family, and just send the bill to me, I'll reimburse it! I mean WOW, his chest swelled with pride as he mentioned it! THAT is the core value!
That reimbursement costed the company about 80 Lacs, but what was the ROI? a lifelong commitment and loyalty of the people to do right, because deep down they believe they're doing right for the people they're serving, and that feeling is something money can't buy......
So what is it that has made me a Lifelong fan of Decathlon you ask? Here is why:
Anecdote: I recall an incident at Decathlon Sarjapur back then where one of our colleagues had raised an issue as to why we don't have CCTV monitoring inside our stores, for which the leader had responded saying - we must focus on the 99% of people that are doing right, and not waste energies on the 1% that might still want to cheat! At that point, the whole thought process shifted in our minds. All the process setting went into how we can encourage good practice internally (from teams) and externally (from customers) so that the need to cheat itself goes away..
Anecdote: If a store needs to be opened at 7:45am, it has to be open at 7:45am, period. Now this is a discipline that supersedes any reasoning not to do. How does one go about doing that? In the initial few weeks of the first Decathlon store launch, the India leader used to come and stand at the entrance at sharp 7:35am to demonstrate how important it was to expect and nurture the same on the ground. We rarely encountered delays after that, often followed through with warning letters given out to us if ever repeated just to instill this discipline being in place....
Anecdote: There was a customer on the floor who were going snorkeling on their holiday as a family. So when they came to the diving section, the suggestions we gave was on what is suitable to their need and not just to choose the most expensive of the lot. Now that had a profound impact on the customer that day, and they became lifelong fans of the organization! Isn't that what we need? They ended up coming back again and again with their extended families thereby increasing profits for the company.......
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Anecdote: When on a visit to a bicycle factory in China, we had to make available spare parts as consumables available for customers. Upon placing orders, it was noted that we made a mistake of selling spare parts in bulk rather than internal consumption for servicing of bicycles in store. This started to bleed our logistics supplies with unusually high consumption of parts vis-a-vis volume of services in store. So post facing a dent around this, we made course correction to change this policy. Company didn't blink to allow this trust in making the mistake and learning from it.
Another decision was to launch a Bandana as a small item to sell as part of cycling apparel locally produced. It was a massive failure where we hardly ended up selling quantities. Here again we were encourage to try and fail and only question asked was what did we learn from it...
But the major difference in the Decathlon way was the inherent mandatory one-to-one interactions between the mentor & mentee each month with a sort of reflection and progression decision making on the job. This was called the Individual Decision Meeting or the (IDM). This I believe has been the core differentiator in instilling the core values into the team members from day one and act as a bridge to nurturing talent.
Some of the basic tenets being:
This has been a POWERFUL differentiator in Culture and Values setting into each Decathlonian in my opinion. Of course, the better the quality of Debrief with the leader, the better the team member development to serve the company.
What have been some of your observations on the impact Culture makes in building amazing teams and organizations?
Do share your thoughts. Thank you for reading.
#Decathlon #Culture #Values 迪卡侬 Decathlon Sports India
Rareism || LENSKART || ABFRL|| RAYMOND || U.S.POLO ASSN. || ACCESSORIZE || UCB
7 个月Insightful!
live life young free ?? ??
7 个月Love this...nothing can be great than helping other making it the top priority in the business ??
Retail Leader| P&L Expertise| Revenue & Growth Driver| Customer Centric| People Builder| Ultra Marathoner
7 个月Lovely and well articulated article, Sharath. I guess that you still look back at your Decathlon days and the learnings which I'm sure you put into practice in your current line of work!
ELECTRONICS ,TELECOM, AGRICULTURE , GAMING START-UP, Entrepreneur, Ex TATA , Ex ADITYA BIRLA , Ex VIRGIN INDIA, BUSINESS AT ShareChat
7 个月Well said