Gene One is a biotechnology firm that performs agricultural genetic research. In the genetic research field, as in many other fields, things are continuously changing. Staying one step ahead of the competition is often mandatory for survival; having a well-built organization, from the top down, is a very important first step in doing so. To ensure success, Gene One’s management reflects upon the leaders, the structure of the organization, and the leadership and management styles that are presently in place, as they get Gene One ready for its Initial Public Offering (IPO). This benchmarking paper examines the decisions made by four companies that have previously faced issues similar to those in the Gene One scenario, and applies the course objectives to these organizational decisions. For each benchmarked company, this paper includes a description and analysis of the following:
1. The issue identified in the scenario that also faced the company
2. The company’s response to the issue, and
3. The outcomes of the company’s response to the issue.
Additionally, this benchmarking paper synthesizes key findings and:
1. Identifies the key course concepts, and
2. Analyzes the decisions of each company, as they relate to these concepts
Facing issues similar to those plaguing Gene One in the scenario, the four companies discussed below made different decisions, but all were able to produce successful outcomes as a result. Finally, this paper will review concepts in the week 2 reading assignment such as leadership methods, team processes, and conflict management.
Benchmarking Company #1: Coca-Cola Enterprises
Coca-Cola Enterprises, Inc., (“Coca-Cola”) was founded in 1986 to supplement the processes of the Coca-Cola Corporation. Coca-Cola thrived through the late eighties and early nineties, but saw an increase in employee turnover by early 2000. In 2004, employee surveys revealed discontentment, low commitment and little confidence in company...