Implementation

Implementing Leadership Change

Krystal Bowers, Mariah Eaton, Tanya Fuller, Lisa Martinez

LDR 531

September 9, 2012

Ann-Marie Lee

“Whosoever desires constant success must change his conduct with the times- Niccolo Machiavelli” (Leadership Now, 2012). Organizations will all encounter the need or desire for change and the implementation plan for that change will be critical to their success. Gene One is currently in a state of change and seeking to expand and develop their influence in their area of focus as well grow monetarily to be more competitive with similar organizations. The following paper will outline two strategies for Gene One to move in a new direction for the organization.

Strategy One

Gene One’s current plan is to grow by 40% each year within the next three years and become a publicly traded company. One possible strategy for Gene One is to extend their time line to four years. By extending it to four years it gives extra time to Teri Robertson to develop the two new technologies she is working on. Once those technologies are developed, Gene One will have no problem getting stakeholders on board. Gene one could start the process of the IPO, by getting the new members on the board that is required by the laws of SOA. Once this is done, they should gradually become publicly traded. If they take it slow and only start with 20% of the company being publicly traded, it will serve two purposes. One it will provide the extra funding that is needed to continue research and development. Second it will show Gene One how things will be once they are a publicly traded company. It will show them what and how much interest is out there for their company.

By extending the time line to four years, they give themselves time to find the proper board members that meet the requirements. Also they have time to find out which employees are willing to stay with the company and work through the...