Gene One is a company that recently enjoyed breakthrough success with a discovery that benefits the plantation and farming industry. This gene technology intervenes with the eradication of 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, 2010) The discovery was in the biotech division of the company and was facilitated by Teri Robertson, Gene One's chief technology officer and research scientist. This company is just 8 years old and was started by founder and CEO, Don Ruiz. The discovery is credited for helping Gene One to grow ...view middle of the document...
This needs to include a shared vision and adaptive corporate culture reflecting the desire for success by all team members.
With the passing of Don Ruiz, his siblings are tasked with identifying different leadership styles among the existing members and recommending the best leadership style to implement the IPO successfully. Keeping the original team members will ensure a better chance for honest communication and collaboration about the realities of positioning Gene One for a successful future.
Greg Thoman is the human resources officer and has the leadership qualities to implement hiring and training plans to position Gene One for the future but needs extra staff to enable him to focus on the progress of his programs. He is considered an asset to the team and company and is in a position where his concerns and issues will be heard and his opinions received by his peers. Greg can implement a leadership development program that can be provided by an outside company with a proven track record to bolster the corporate structure and further develop an appropriate strategic vision that can be successfully trickled down through the ranks of employees in the timeframe available.
Charles Jones is the marketing professional who created the success of Gene One's first products through creative branding. He is well received by his peers, but also lacks the deep experience to head up the marketing of a public company. There are some individuals on the team that question his ability to adapt to being a publicly traded company. He will have to allow experienced additions to his department and work with them as he learns the nuances of a more proactive style of marketing needed for the IPO. Charles can keep working at developing a new and proactive advertising campaign and when appropriate, bring in help.
Teri Robertson is the Chief Technical Officer (CTO) and must put aside her own aspirations for personal career development in exchange for the company success. She needs to realize that she will advance in her field by supporting the company vision to go public and needs to be directly involved in deciding how best to set up and run her research department to best support the company and its success. She will also need to acquire more research scientists and get on board as a leader of her division to help direct all the new talent that will be at her disposal. This will require her to change her outlook about Wall Street and the stakeholder value to Gene One.
Michelle Houghton is one of the original team members and is dedicated and committed to the growth of the company. She is also concerned with the compliance issues that arise with a company that goes public. She has addressed concerns and already researched some of the inconsistencies that will have to be corrected to meet the standards and regulations of the Sarbanes-Oxley act. Up to this point, Michelle has been the Chief Financial Officer (CFO) and has done an admirable job. She lacks the...