Options for Implementing a Leadership Change

Options for Implementing a Leadership Change

For a successful business to obtain growth for its future it must plan and predict change. As the business faces internal and external influences such as business culture, demands, or shifts in the economy, the leadership must determine if the firm will be able to change in reaction to the possible effects of these and other influences. The late Don Ruiz, former Chief Executive Officer of Gene One, was a key developer on a valuable plan to implement positive organizational change.   Mr. Ruiz proposed on launching the company as a fierce competitor, by going public by means of an Initial Public Offering (IPO). His plan was to take place on a 36 month maximum timeline. Because of Mr. Ruiz’s untimely passing away, the plan has yet to be introduced or implemented throughout the firm. As a sibling to Mr. Ruiz, my family and I have formulated a change strategy in order for Mr. Ruiz’s dream to become reality and set in stone his life’s work. This paper’s purpose is to establish a change strategy that once implemented would bring about effective change to the leadership structure and to ensure an overall victorious conclusion at Gene One. The proposed change strategy will focus on a step by step process used to initiate change. The following paragraphs will illustrate the steps that my family will follow.

The first item we will accomplish is to create a brief overview of the current conditions and a few of the foreseen challenges the company will face. Gene One was created in 1996 and quickly became the premier biotech company by discovering a breakthrough in gene technology that resulted in eliminating the possibility of disease in tomatoes and potatoes. Gene One’s development eradicated the need of unnatural pesticides being used to sustain the growth of these two vegetables. Gene One grew experientially for the next eight years to become a $400 million dollar company. Wall Street stocks have recently shown...