Gene One

Submitted by: Submitted by

Views: 149

Words: 277

Pages: 2

Category: Business and Industry

Date Submitted: 04/04/2013 11:04 AM

Report This Essay

In the wake of Gene One’s proposal to become compliant to move toward an IPO and onset of new technological breakthroughs, there will be several new strategies and goals that may compromise the organizational culture. A company’s stability is gained with a strong organizational culture and change can hinder the efforts and alter the internal dynamics.

The team will begin to adapt to Wall Street’s standards and procedures through training and education. Most of the company’s top leaders are dedicated founding members with a personal investment in the company. As Gene One focuses on becoming compliant to IPO standards, the company will begin to shift from a simple structure into a more bureaucratic environment.

The management shares an interest in bringing innovative solutions to the people, but will be trained in focusing their accomplishments to the satisfaction of their stakeholders and their profits. The scenario shares that Teri, as Chief Technology Officer, is more interested in researching than pleasing Wall Street, and with a focus of breakthrough technology, Teri is an example of mentality changes that will be necessary to develop new technologies.

Robbins and Judge (2011) state there are seven characteristics that capture the essence of an organizations culture: innovation and risk taking, attention to detail, outcome, people, and team orientation, aggressiveness, and stability. Gene One will need to change their existing culture to address their new focuses. Redeveloping the desires in focusing on their innovative and risk-taking goals will allow management to redesign their culture that will influence the attitudes and behaviors of the organization.

Robbins, S. P. & Judge, T. A. (2011). Organizational behavior (14th ed.). Upper Saddle River,

NJ: Pearson Education.