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Problem Solution: Gene One
Gene One, a biotechnology company establishing groundbreaking gene technology to eliminate disease in various foods, has grown from a $2 million start-up to a $400 million company in just eight years. Due to a rising interest by consumers and a demand for new technology, the founders and Board of Directors are anticipating an astonishing growth potential and an initial public offering (IPO) within the next three years. In an effort to accomplish their goals in the appropriated time, it is necessary for the Leadership Team at Gene One to identify issues and opportunities that face the company. In addition, this paper will identify the stakeholders, their perspectives, and ethical dilemmas related to the scenario. Presenting a problem statement and describing the end-state vision will be the next part of this paper. Discussing alternative solutions and subsequently providing an analysis of the alternative solutions will follow. Additionally, the paper provides a risk assessment and mitigation techniques, along with an optimal solution, an implementation plan, and an evaluation of the results. Finally, incorporating a conclusion, will encapsulate all the areas addressed.
Situation Analysis
Issue and Opportunity Identification
Many issues arise on a daily basis in the corporate world. Turning the issues into opportunities may prove to be challenging for Gene One, but a challenge that can develop into a success story by accomplishments in gene technology and research and cultivation of a corporate climate that otherwise may not occur. Throwing an initial public offering into the mix can certainly raise issues that a company would normally n ...