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Business Management Assignment Slide V1.1

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Business Man-

agement As-
signment
Batch - 15 (Group-1) | 01. 09. 2023
CONTENTS

01 03
Section A Section C
 Difference between leadership and management  SWOT analysis for a family-owned restaurant in
 Emotional intelligence (EI) impact the agile environment Myanmar
 Important of the transformational leader
 Leadership style

02 04
Section B Section D

 PESTEL analysis on Myanmar as Dunkin’s Donut Company  Participant List of BM-15 (Group-1)
 Q&A

1
SECTION A
LEADERSHIP AND MANAGEMENT
CONCEPTS
DIFFERENCE BETWEEN
LEADERSHIP AND MANAGEMENT

Leadership Management
Focus on goals Focus on tasks
Sell it Tell it
Take Risks Minimize Risks
Accomplish a
Encourage goal Mobilize Instruct
Go against the grain resources Go with the flow
Motivate Explain vi- Approve
sion
Break the rules Follow the rules
Inspire trust Expect control
Foster ideas Assign tasks

2
DIFFERENCE BETWEEN
LEADERSHIP AND MANAGEMENT
LEADERSHIP MANAGEMENT

Definition Leadership is a skill of leading others by ex- Management is an art of systematically organizing and coordinating
amples. things in an efficient way.

Functions Setting direction, aligning people, providing Planning budgeting, organizing and staffing, controlling and solving the
motivation problems

Basis Trust Control

Focus on Inspiring People Managing activities

Power Influence Rule

Strategy Proactive Reactive

Formulation Principles and guidelines Policies and Procedures

Perspective Leadership requires good foresightedness. Management has a short range perspective.
Leadership and management are inseparable in nature. In fact, the qualities of a manager also require leadership skills to inspire his subordinate.
Many times managers play the role of a leader too, at the demand of the organization.
So they both go side by side as a complement to each other.
An organization needs both for its growth and survival.
3
A leader does not need to be Manager, but a manager needs to have the quality of a good leader.
EMOTIONAL INTELLIGENCE (EI) IMPACT THE AGILE
ENVIRONMENT
In the Emotional Intelligence(EI), there are Basically 5 different types:

Self-awareness

Social skills
Self-regulation
Emotional In-
telligence

Motivation Empathy

Emotional intelligence is a key part of the agile management which emphasizes effective 4
communication and collaboration.
IMPORTANCE OF THE TRANSFORMATIONAL
LEADERSHIP
Elements of Transformational Leadership

By embracing transformational leadership principles, product owners can become more effective leaders
and help their teams achieve their full potential.
5
THREE TYPES OF LEADERSHIP
STYLES

Autocratic Democratic Laissez-faire

Authoritarian leaders rule their Democratic leaders try to include Laissez-faire leaders let the group function
groups. everyone in the decision-making without much - if any - interference
process

6
STRENGTHS AND WEAKNESS OF
THREE LEADERSHIP STYLES
Leadership Styles Strengths Weakness

- An established hierarchy. - Reduces collaboration


- Dependable results. - Increases turnover rate among employees
Autocratic - Fewer mistakes. - Limits creativity
- Less time spent making decisions - Might affect work culture negatively

- Can create negative emotions.


- Improves job satisfaction.
- Not a style of leadership for everyone.
Democratic - Encourages creativity and promote free flow of idea.
- Decision making time will take long and encourages no one
- Builds a stronger vision for the future.
to take responsibility for failure.

- It fails to be effective if the team lacks knowledge or has less


experience.
- Employees practice leadership and independence.
- Low morale and a lack of encouragement among team
Laissez-faire - Employees use their expertise.
members.
- Departments decide faster.
- It can be ignoring the leader because lack of direction and
guidance from leader.

7
SECTION B
PESTLE ANALYSIS ON MYANMAR
AS DUNKIN’ DONUT COMPANY
PESTLE ANALYSIS ON MYANAMR
Political Economic
P E
- Inflation Rates
Stability -
- Economic Growth
Uncertainty -
- Exchange and interest rate
Taxation -
- Demand and supply of labour
Trade policies -

Environmental PESTLE Social


Regulations and restrictions -
Attitudes of customers -
E Analysis S - Income distribution
- Demographic influence
- Lifestyle factors
growing use of renewable energy -
- Consumption behavior
Weather -
- Cultural and societal norms

Legal Technological
Employment laws -
Intellectual property laws -
Consumer protection laws -
L T - Infrastructure
- Digital Adoption
- Research and Development
Health and safety -

8
“MYANMA LAT YAR” RESTAURANT
Introduction of “MYANMA LAT YAR” Burmese cuisine Restaurant

Location – near the Hlegu Township

9
SECTION C
SWOT ANALYSIS FOR A FAMILY-OWNED
RESTAURANT IN MYANMAR
“MYANMA LAT YAR” RESTAURANT
Introduction of “MYANMA LAT YAR” Burmese cuisine Restaurant

Location – near the Hlegu Township

10
SWOT ANALYSIS FOR A FAMILY-OWNED
RESTAURANT IN MYANMAR

STRENGTHS WEAKNESS
• Quite, feel free and relaxing environment • Location is a bit far away from town.
• Great variety fresh and organic vegetable • New business, people are not familiar
• Customer Service with our brand
• Having own farm • Cost Control

SWOT
OPPORTUNITIES THREATS
• Introduction of healthier food options. • Facing increased competition
• Seasonal menu, new food items every • Economic downturns,
month/week. • Political instability
• Locally sourced ingredients. • Rising costs of inputs and utilities

11
SECTION D
Participant List of BM-15 (Group-1)
And
Q&A
Group – 1 Partici-
pant List

AUNG KHINE SOE AUNG KYAW MYINT

AUNG MYINT HTAY CHO CHO ZIN

EI MON MYAT HNIN AZILI

HNIN EI EI KHAING HSU YEE MON

HTET HTET SWE HTUT HTUT KHINE

12
Any question?
Thanks
You !

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