Implementing Leadership Change
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- Date Submitted: 11/30/2011 06:19 AM
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Implementing Leadership Change
LDR/531
November 2, 2011
Implementing Leadership Change
Changing leadership within an organization can be hard to implement. In an organization when leadership changes so do the goals of the organization. In the Gene One organization they have made some leadership changes and now except them to bring the organization to the targeted goals. The board has that asked that the management to come up a proposal that will cover ways that leadership and management control the changes in the organization. The proposal will give strategies to implement the changes; the proposal will also give strategy for innovation. The proposal will also cover the change effect on organizational culture and political power impact.
Organization Overview
In 1996, Gene One entered the biotech industry with groundbreaking gene technology that eradicated disease in tomatoes and potatoes. As a result, farmers no longer needed to use pesticides when growing these plants and consumers were pleased to buy homegrown products untainted by chemicals (Gene One scenario, 2011). The win-win situation helped Gene One grow to a $400 million company in just eight short years. At Gene One, the CEO and his Board believe that in order to keep pace with demand and realize conservative annual growth targets of 40%, Gene One will have to go public within the next three years. The time seems right, but the company needs IPO capital for development, advertisement, and marketing if it is to remain successful (Gene One scenario, 2011).
Working toward a 36-month maximum deadline, the CEO and his Board have devised a clear strategy with the help of key members in the investment community. It is their hope that implementing it will help Gene One realize its growth targets, establish the company as a strong competitor and show Wall Street that Gene One has the leadership and organizational capabilities to succeed as a public entity (Gene One scenario, 2011).
Leadership...
LDR/531
November 2, 2011
Implementing Leadership Change
Changing leadership within an organization can be hard to implement. In an organization when leadership changes so do the goals of the organization. In the Gene One organization they have made some leadership changes and now except them to bring the organization to the targeted goals. The board has that asked that the management to come up a proposal that will cover ways that leadership and management control the changes in the organization. The proposal will give strategies to implement the changes; the proposal will also give strategy for innovation. The proposal will also cover the change effect on organizational culture and political power impact.
Organization Overview
In 1996, Gene One entered the biotech industry with groundbreaking gene technology that eradicated disease in tomatoes and potatoes. As a result, farmers no longer needed to use pesticides when growing these plants and consumers were pleased to buy homegrown products untainted by chemicals (Gene One scenario, 2011). The win-win situation helped Gene One grow to a $400 million company in just eight short years. At Gene One, the CEO and his Board believe that in order to keep pace with demand and realize conservative annual growth targets of 40%, Gene One will have to go public within the next three years. The time seems right, but the company needs IPO capital for development, advertisement, and marketing if it is to remain successful (Gene One scenario, 2011).
Working toward a 36-month maximum deadline, the CEO and his Board have devised a clear strategy with the help of key members in the investment community. It is their hope that implementing it will help Gene One realize its growth targets, establish the company as a strong competitor and show Wall Street that Gene One has the leadership and organizational capabilities to succeed as a public entity (Gene One scenario, 2011).
Leadership...