Problem Solution: GeneOne
Following an immense growth and success of GeneOne from its breakthrough technology, it faces a new challenge to drive itself to bigger opportunities of expansion and profitability. In this paper, the author will identify the issues that will arise in the plan of the company to go public including among others, concerns in pursuing an IPO, internal management problems, and conflicts with organizational culture. It also includes a discussion of alternative strategies that the company can opt to undertake in fulfilling its expansion project without going public. In the end, it gives a discussion of the critical role of management as a transformational leader in pursuit of the changes as well as implementation of different strategies that focuses on employee motivation to control any disruptions that may be triggered by adjustments in cultural changes in the organization
Situation Analysis
Issue and Opportunity Identification
Following the technological breakthrough of GeneOne is a phenomenal growth of the organization as impressive demand entailed enormous manpower requirements as well. This prompted the intensive hiring of personnel to match the requirements. Unfortunately, the mass hiring neglected to underpin the significance of a corresponding leadership training in order to maintain the talent and skill needed by an expanded organization necessary to sustain the progress of the business. The sudden bloating of the organization would definitely be more difficult to maneuver in terms of management. Moreover, the insufficiency of new leaders and talents weakened the core competence of the company, which is in research and technological development.
The plan to go public will definitely affect not only the management of the compa ...