GENE ONE PROBLEM DEFINITION
Gene One Problem Definition
MBA 520
Transformational Leadership
Gene One Problem Definition
In an effort to continue making contributions to society by introducing new products and increasing revenue to assure the company's growth in the future, Gene One must determine the challenges that they are facing and develop a solution in order to succeed and remain the leader in the industry. The decisions for the company will involve key stakeholders that must critically think about the decisions regarding going public and restructuring the organizational culture and whether those decisions will "make or break" the company. With every decision that is made by the key stakeholders, there will be issues as well as opportunities that arise. Along with these issues and opportunities, there are also ethical dilemmas between the researchers and leadership team that Gene One will face. These issues, opportunities and ethical dilemmas are a result of the decisions made through the critical problem-solving of going public that Gene One is currently facing and will continue to face in the future.
Yet, Gene One must increase its revenue and introduce new products by making the decision to go public as well as increasing the value/satisfaction of the company's employees which will in turn increase the overall morale of the company, and increasing the communication with both the leadership team and the researchers in order to maintain a healthy and productive work environment.
Like many businesses, Gene One is unsure of its future due to the fact that it is a company within the private sector of the biotech industry. With the competition, it is difficult to compete for the same business unless one is constantly revolutio ...