Get All Access for $5/mo

Changing Market Dynamics Nissan Joseph, CEO, Metro Brands

By Punita Sabharwal

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Nissan Joseph, CEO Metro Brands

Nissan Joseph came on board Ii Metro Brands n 2021 when the world was still reeling from the impact of COVID and businesses were establishing new ways of reaching out to consumers. The challenge for him here was to steer Metro through these difficult times. "What my team and I focused on was to set up an effective structure that promotes growth and scale and adds leadership talent for future-proofing. MBL, under the leadership of the promoters, has been a highly profitable organization. Hence, the transition was very smooth for me," shares Nissan Joseph, CEO Metro Brands. Leading from the front, setting examples for the team and empowering people to become leaders has been the styling of functioning for this retail veteran.

In the last few quarters, both the offline and online platforms performed well. Going forward, he will be further looking at building strength and capability in the key operational verticals of supply, business development and store personnel development. "The primary focus will be to strike a healthy balance between our e-commerce and in-store sales while prioritising the customer experience across all platforms," adds Joseph.

Talking about the changing dynamics and agility required, Joseph says, "We have daily morning meetings where all key decision makers keep us up to speed in their respective areas and make quick decisions as per market conditions. This agility ensures that we are constantly on our toes ready to adapt and react to changing conditions. We are also increasingly looking at the deployment of technology and capitalizing on innovative ways to run the business."

COVID was the biggest test of faith and endurance. There was no playbook and no precedent to refer to. Tough decisions needed to be made swiftly and that too with empathy and a high Emotional Quotient (EQ). Communication needed to be open and transparent so that the teams felt included and not excluded. It was important to admit that no one really knew how and when this would end. Joseph took it one day at a time and was open about the unknowns with the teams. He sought their support, understanding and ideas through it all.

Talking about his work hacks Joseph mentions, "The best productivity hack is to start my day early and clean up my mailbox at 4.30 AM. This clears up a big chunk of my time to focus on the daily priority list. I also tend to group my emails in conversation mode so I can quickly view a full thread in a single go. Multimedia podcasts have been a great tool to listen to the news on the go. With so many interesting conversations available on variegated topics ranging from airplane technologies to the latest developments in HR, it's my current favorite way to stay updated."

Joseph is one of those CEOs who believe that collaboration, communication and engagement are best achieved when people work together physically. He also advocates how an office setup increases the speed of communication and decisions.

Fact File

· Age: 58

· Year of joining the current organization: 2021

· Total team size: 4000

· Turnover of the organization: for H1 FY23 stood at ₹ 984 Crore

Punita Sabharwal

Entrepreneur Staff

Managing Editor, Entrepreneur India

News and Trends

TATA Motors Implement Plans to Support Their Demerger

Tata Motors Finance Limited (TMFL) is merging with Tata Capital Limited (TCL) through National Company Law Tribunal (NCLT) scheme of arrangement ahead of its demerger between Tata Motors' passenger and commercial vehicles.

News and Trends

Ixigo Parent Le Travenues Announces IPO Opening Date and Details

With holdings of 23.37 percent and 15.66 percent, respectively, SAIF Partners and Peak XV are the company's largest shareholders.

News and Trends

Fintech Startup Fibe Raises USD 90 Mn in Series E Round Led by TR Capital, Trifecta Capital, and Others

The Pune-based platform aims to deploy the fresh funds to expand reach, strengthen technological infrastructure, and deepen its impact across India.

Marketing

5 Ways ChatGPT Will Impact Digital Marketing

ChatGPT is creating ripples across the digital landscape right now. Here are five ways it can benefit your ads, campaigns and marketing strategies.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.