The main aim of this report is to analyze and identify the differences of the leadership styles fostered by two local business leaders and recommend on how both the leaders can improve their leadership skills further.
Mr. Ashroff Omar is the current CEO of Brandix Lanka Ltd (Corporate Leader) who comes from a family owned business. On the other hand, Mr. Hemalalindra Ranawaka (Koluu) a master chef, drag artiste and an outrageous Colombo celebrity (Entertainment Business Leader).
Focusing on the personality traits it was found that, Ashroff Omar has high self-confidence. He is a very emotionally stable person and a very high risk taker. However, emotional stability and self-confidence are conflicting traits in Mr. Ranawaka. Both the leaders are trustworthy, enthusiastic and passionate. Furthermore, Mr. Ranawaka was identified as having an external locus of control.
In addition to that, it was identified that, honesty, warmth, outgoing personality, charisma, education, intelligence, immense knowledge about industry and the core business are some of the great strengths of Mr. Omar. However, he need to have a balance in the risk taking as it was identified as too high. On the other hand, reliability, honesty, Extroversion and warmth, intelligence are some of the great strengths of Mr. Ranawaka (Koluu) while reluctant to try out new things, risk taking, tolerance to frustration, emotional stability are some of the areas where he needs to focus to improve his leadership skills. To improve these skills, Koluu has to trust himself and try to build the confidence level. Furthermore, learning own and others emotions, looking at things positively and taking the failures as new experience are important steps that can be taken by Koluu to improve his leadership.
Based on the study Ashroff Omar was identified as a charismatic and participative leader and Hemalalindra Ranawaka (Koluu) was identified as a Transactional leader.
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