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Giganitis is a big company disease that prevents big organisation from making quick decision. The term is first coined by Mr Andrew Tan - founder and Managing Director of Consult-Myanmar Co Ltd to describe why emerging markets like Myanmar favour entrepreneurs rather than big companies.

What are the symptoms of Giganitis?

1. Everyone is an employee.

a. Don't stick your head out.

b. It is too dangerous, everyone is risk adverse.

c. Not on my watch, it is always somebody else's fault.

2. Analysis - Paralysis, they over analyse.

a. They must wait for 100% solution before making a move.

b. They must wait for 100% consensus before making a move.

3. Image is more important than effectiveness.

a. They must travel business class and stay in 5 star hotel even when travelling in a 3rd world country.

b. They must wear suits even in summer when the outside temperature is more than 40 degree C.

For more information go to http://consult-myanmar.com/2013/10/04/doing-business-in-myanmar-what-you-need-to-know-as-an-entrepeneur/

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