When I took on the role of Business Partner in the Gateway store, the store was bringing in less than 30% in revenue, the main reasons were the store’s small size (about 75m2) and an ineffective team.
The objectives that I set for myself for the store, were to increase the Gross and Net profit month on month, to reduce the high turnover volumes and put in place strategies to maximize the store’s potential:
- Analyzing stores’ holistic performance, to understand the Gross and Nett profitability, based on a track record of 2 years and observing day to day functions of the store
- Understanding existing and potential clientele by analyzing the surrounding stores in the Gateway centre
- Managed strategic partnership initiatives to drive measurable outcomes and deeper relationships with cross-functional teams.
- Understanding the strategic intent of the main centre for its clientele, to leverage off it: o This enabled me to closely align with the centre’s brand and marketing initiatives o In my ongoing engagements with centre management, I built key relationships which afforded the store unique opportunities to participate in and contribute to the centre’s main events; placing the Aca Joe brand at the forefront of Gateway’s main marketing initiatives
- This obviously contributed greatly to sales and increasing our visibility and customer base
- Monitoring the performance of products in conjunction with campaigns set out by the centre as well as those proposed by the Aca Joe brand, to determine effectiveness
- Developing bespoke strategies aligned with the main centre’s objectives to drive sales
- Sales strategies always necessitated team buy in, training and restructuring of some of the operational functions, readjusting the focus of management functions as well as store layout in some instances
- Driving competitions within the store among team members and other stores within the 54 Platinum Group stores became a significant tool in motivating the team to perform over and above set targets
- The biggest change I implemented following my analysis of the store, was to strip the store layout and redesign it in a way that was more conducive to achieving a more practical and pleasant customer and employee experience
- The redesigned layout resulted in more effective use of what seemed like a small space
- Maintained internal control safeguards for receipt of revenue, costs and organizational budgets and actual expenditures
- Developed work plans, gathered and synthesized data, led analyses and implemented recommendations to define, structure and execute strategic and operational initiatives.
- Infused and drove diversity practices into company culture, values and engagement initiatives to foster environment of inclusion and support.
- Chaired partner meetings to drive discussion of matters important to business operations, keeping discourse on-topic and moving at efficient pace.
- Collaborated with peers in other stores to ensure brand alignment and synergy
- Provided outstanding service to all individuals, promoting effective, and lasting business relationships.
- Monitored store performance and provided feedback on areas of improvement.
- Prepared and presented reports on status of projects and initiatives.
- Stayed informed on industry developments and market trends to gain competitive advantage.
- Developed and implemented strategies to enhance store relations.
- Collaborated with colleagues and support staff to maximize team efficiency.
- Evaluated productivity and quality of service and made recommendations for improvement to reach store's short-term and long-term goals.
- Negotiated contracts with suppliers to get best prices and positively impact the ROI
- Networked with other professionals and organizations to expand contacts and opportunities.
- One of my proudest moments of working the Gateway store was developing a bespoke incentive structure for the Sharks rugby players, which resulted in a brand affiliation deal with the team
- Achieving R10million in sales, in a 75m2 space during the month of December 2009, because of the store’s exclusive affiliation with the
- Managing the store successfully to achieve the Top store accolade, as the highest performing store and for being the most profitable store for 3 consecutive years.