Gene One

Change Strategy Benjamin Lightner Instructors Name Andrea remedy LDR 531 Organizational Leadership December 12, 2008 Change of Strategy The original component technology brought to market by Gene whiz will be used to eradicated disease in potatoes and tomatoes. This gene technology will eliminate the need for pesticides used by farmers when growing tomatoes and potatoes. This product helped facilitate the grow of Gene cardinal from a $2 million dollar start-p to a $ cd million dollar company in less than octet long time. Gene whizzs management notice the acclivitous stock indices on Wall Street that indicated an interest increase interest in biotechnology. Based on the limited knowledge, the labour of key members of management and the board at Gene One the desire to go public within three years in desires of raising additional capital for research and development. counsel is of the opinion that by implementing and achieving there growth tar buy the farms they will be able to establish the company as a viable , competitor in the biotechnology industry. There is also the hope that Gene Ones current leadership will be seen as capable of managing a successful pubic entity.

Challenges for Gene One in this scenario include concerns about the live level and leadership capabilities of the senior leadership team regarding IPOs and the communication plan that will be used to convey this vernal strategy to the employees Overall, the leadership team lacks the experience and, in almost cases, the motivation and focus to take the business to new heights. The major(ip) problem for Gene One in the this scenario is to transform the kitchen-gardening of the current organic law from the small start-up company to a globose giant that is focused on growth and profitablity. The changes within the organization will require changes in the core values of the organization. The organizations staff is accustom to applied reasearch, which is the culture that was created from its inception. The technology research... If you want to get a full essay, order it on our website: Orderessay

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