Page 6 - Namaste Decathlon India September 2016_Neat

MESSAGE FOR YOU

keep it this way by listening to our teams whenever
we can. It is not a perfect world where everything can
be solved for everyone all the time but we can listen
to each other to fix some major things as we expand
quickly as well as having regular individual meetings
Dear team, and having some fun and sport during collective
We have recently been re-working on our Indian Business meetings together. I hope it is the case where you work
model and property Vision for India. With good support and that you take time to fill the WTS (Winning Team
and feedback from our board of advisors, we feel we can Survey) to express your happiness level You should
find a way to make the total country profitable with a have received the link to the survey by now and you
positive EBIT next year, whilst still investing in many new have until early October to fill in it – YES YOU CAN!
stores, production resources and the Omni commerce Each year we have tried to launch something new
development. This is really positive news and a great for the end of the year, which is a Diwali gift from
challenge for us in 2017 – a very important milestone I us listening to your inputs. In 2014, we launched
feel in our continued progress. If we manage to succeed, the shareholding scheme with a good incentive to
we will be the first country with such a rapid acceleration encourage all to invest in the company and become co-
in stores and production activity at the same time to owners. In 2015, we launched the revised medical plan,
achieve this milestone. which was fairer and more beneficial to all across the
To do break even in 2017, we have to obviously finish in country and in 2016 we are reflecting on how to launch
a good way at the end of this year on the 2016 challenge a scheme that will encourage you to play sport and use
and get as close to the targets set in the YES WE CAN our products. Watch this space during the Town Hall to
project. The big turnover and store opening months are see what that is!
coming, so let’s be ready all over the country to do just Good luck with the build up to the end of year
that, whilst being cautious on our cost levels. Shrinkage celebrations and the last push on the YES WE CAN
is still a persistent issue and a real Achilles heel for the challenge.
stores, which we have to solve in the next months.
Each year we put the happiness of our teammates Jai ho,
happiness at the core of the yearly challenge and we must Steve.

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