Implementing Leadership Change

Implementing Leadership Change

The CEO and the Board of director of Gene One have ambition of becoming a successful public company. Many leadership changes at the Food and Drug Administration are enhancing investor confidence in the industry and this has led to the proposal that Gene One is have to go public within the next three years in order to keep pace with the future demand. According the company plans to increase its annual growth and sales by 40%. This going to be accomplished through more gene technology products, which, creates the need for more financing to support the new research that will enable Gene One to meet these growth facts (Gene One Scenario, 2011).

Gene One faces several challenges for a successful IPO like

• The lack of IPO experience in the company as no one at the company has had any experience with this and it will be necessary to bring in external help.

• the fact that not everyone agrees with the IPO like Teri Robertson (Chief technology officer )

• Gene One must develop a new organizational plan and arrangement that will help ensure the success of this new venture. This needs to include a shared vision and adaptive corporate culture reflecting the desire for success by all team members.

Gene One needs to Seeking out a professional IPO counselor that will help to develop a more suitable strategic vision and culture to include all Gene One employees, and Establish a successful and more accurate company vision and to assist to increase employees beliefs and assumptions and stating their values for the company. Gene One needs to formulate the strategic and tactics used in future with this endeavor and building an accurate and significant strategic vision and corporate culture.

Every employee needs to have a shared vision for Gene One. They all need to agree and have a developed corporate culture that reflects their desire to go public. The company should recognize the personal conflict and differences as a...