14. Professional Learnings from the Retail Architect of Pick n Pay & UNIQ Clothing by Checkers | Michael Coles
Description
In this episode of CANDID, Michael Coles, a veteran in the retail industry with over 40 years of experience, shares his journey of building monumental brands like Pick n Pay Clothing and UNIQ for the Shoprite Checkers Group.
From his early career shifts, teaching moments at Woolworths, and strategic decisions at Pick n Pay, to launching a new retail brand during the challenging times of COVID-19, Michael provides an in-depth look into the decisions and philosophies that shaped his successful career. Key discussions include the importance of doing one's job to the best of their ability, the significance of assembling the right team, the power of making fast decisions and learning from failures, and insights on how to build a business within a business.
This conversation provides valuable lessons for aspiring professionals and those seeking to understand the foundations of building a successful career in retail.
00:00 Welcome & Intro to Michael Coles
01:17 From Economics to Retail: The Journey Begins
02:06 Discovering a Destiny in Retail with Woolworths
03:41 Exploring the World and Finding a Path Back to Retail
04:40 The Pick n Pay Era: Building a Clothing Empire
05:19 Retirement and Beyond: The UNIQ Brand and Reflections on Startups
08:01 Passion, Curiosity, and the Path to Professional Fulfillment
11:43 The Importance of Doing Your Best in Every Role
14:55 Training and Development: The Woolworths Way
22:54 Building a Business Within a Business: Insights from Pick n Pay
25:57 Building a Business with the Right People
27:07 The Power of a Well-Founded Business
27:47 Innovation and Risk-Taking in Retail
28:22 Leadership and Team Dynamics
30:29 The Challenge of Unlearning and Adaptability
33:15 Personal Coaching and Employee Development
37:36 Decision-Making and Learning from Failures
38:49 Strategic Moves: From Retirement to Revitalising Retail Giants
43:37 Simplifying Choices for Consumers
46:18 Final Thoughts: Career Advice and Self-Reflection
Read the LinkedIn newsletter or watch it on YouTube today.
In this episode of Candid, we engage in a rich and insightful conversation with Colin Timmis, the country manager for Xero in South Africa.Colin shares his comprehensive views on implementing Objectives and Key Results (OKRs), the significance of leadership in driving organizational success, and...
Published 05/05/24
This episode of CANDID features Godiragetse discussing the growth and business strategies of his company, Delivery Ka Speed.
The company, which originally started its operations in South African townships including Limpopo, Mpumalanga, and Gauteng, focuses on providing last-mile delivery...
Published 03/18/24