Enron

Options for Implementing a Leadership Change

LDR 531

November 1, 2010

Phyllis Denise Levith

Options for Implementing a Leadership Change

Introduction

Change Strategy

End Vision

As the siblings of Don Ruiz prepare for going public with Gene One the siblings have realized the need to work together as a cohesive unit for this new venture. Prior to the death of Don Ruiz the CEO of Gene One and the board of directors assumed that Gene One has a potential growth of 40% per year.   Because Gene One entered the biotechnology field in 1996 Gene One has grown into a $400 million business in eight years. Wall Street has begun to show interest in biotechnology, specifically with the food and drug administration’s new leadership. To continue this path the siblings all agree that Gene One needs to go public and for this to happen and for Gene One to accomplish this goal the management team will have to work together as a cohesive unit to ensure the success of this new venture.

  In implementing a strategic plan Gene One has to establish a strong leadership team and become the competent company that Don Ruiz always knew it was so that Gene One will become a strong candidate for success on Wall Street. Gene One becoming a public entity will allow the company a competitive advantage and expansion in the biotechnology industry it currently does not have. Currently Gene One has no one on staff who has experience with an IPO for Gene One to become public. The first priority for the management team is to hire an experienced person to guide the management team through this process. Gene One will need to comply with the rules and regulations from the federal government (SEC) and Wall Street.

Leadership Structure and Styles

Conclusion