Running head: IMPLEMENTING A LEADERSHIP CHANGE
Assignment: Options for Implementing a Leadership Change
NAME OF PROFESSOR
Options for Implementing a Leadership Change
In 1996, Gene One penetrated the biotech industry by means of revolutionary gene expertise that eliminated syndrome in tomatoes and potatoes. As a result, farmers no longer desired to exercise pesticides when increasing these plants and consumers were delighted and satisfied to purchase domestic foodstuffs uncontaminated via chemicals. Nowadays Gene One is transforming and upcoming keen on an Initial Public Offering (IPO) as before it was a private enterprise. The term IPO or Initial Public Offering can be defined as a sale of stock by a company to the public companies. In most scenarios the companies that are offering an IPO are new or maybe some companies which are established from many years in the end decided to go public. It means that if Gene One can offer its partial possession and formulate the funds along with the rights to the public because the company has become an IPO (The IPO Process, 2009). Therefore this conversion may generate divergence in addition to dissonance; in addition to this the management that is working in Gene One may have multiple thoughts regarding alteration or modification. The Chief Executive Officer (CEO) of Gene One Don Ruiz, instigated the amendment and very much anxious regarding the company being competent to serve the public. Furthermore Michelle Houghton, Gene One’s Chief Financial Officer (CFO), undergoes psychologically defensive of her possession inside the company for the reason that whatever she had, she has spent inside Gene One. Besides that the Marketing officer named Charles Jones not at all invested any share in Gene One and he thinks in novelty and according to him touching the opportunities is not an easy task and it is sensitively separated. Another person that was expressively fond of to...