Implementing a Leadership Change
Leadership change at any organization can cause an organization to experience deeper changes and shifts within an organization. Many times new leadership comes into an organization with a new plan as to how it will operate. This can cause employees to feel threatened and unsure about their security and position. More times than not, leaders do not take into consideration how important communication about the change is within the organization. They are quick to announce the change within and outside of the organization, but they tend to forget how that will affect the company as a whole.
Gene One is company that is exploding in growth. The leadership of Gene One believes it is time to take the company pubic. In doing so, several changes will have to take place within the organization. The senior leadership has several different views on what should happen. Some feel that this change is perfect timing, while others feel that going public would be a huge mistake because the company is not ready for it.
The CEO Don Ruiz realizes that the company has no experience with IOP’s and that it is important that the company explore what needs to be done to take the company public. Michelle, the CFO thinks that taking the company public is a good idea; however, she questions if the timing is right and questions if the company will be able to overcome the bad publicity the industry has recently received. Teri is Dons niece and is the Chief Technology Officer. She seems somewhat resistant to change, however has valid points as to how the changes should be handled. Charles is the Marketing Officer who is brilliant at marketing, however, needs help focusing on the details. These are just few of the players in this scenario.
Exploring the scenario of Gene One was interesting. Our team discussed how the change might affect the team and who might be good in leadership positions. As shown in the scenario, there was one employee...