Gene One Benchmark Analysis
The complexities of organizations in today’s business world face challenges more difficult to resolve than those of the past. In order for companies to succeed, they must look at their leadership and management styles and evaluate their internal systems, especially: communication issues, conflict, empowerment, and goal setting. Some questions they must ask of themselves: Are my employees committed to the success of the company? Is the environment motivating? And are the employees inspired enough to reach the company’s mission and vision? A company’s mission and vision statement must clearly state goals and objectives. Effective leadership and management styles build work environments which inspire and empower while producing measurable results and creating profits.
We examined several industry leaders, truly US-flagship corporations, whose economic resources exceed many third-world countries’. Starbucks Coffee has successfully used conflict-resolution to grow business and increase profitability through teambuilding and cohesiveness concepts. Coca Cola and Apple Computers are two companies which clearly illustrate how leadership style of management can influence individual performance and behavior, especially through times of change. A brief look at Jenss on the other hand, illustrates how leadership styles influence performance and behavior with a decision to close its doors instead of growing to compete with bigger, national department stores. Gene One can learn from these examples in its decision-making process to modify its systems to fulfill internal and financial requirements to become a publicly-traded company through the proposed IPO.
Starbucks
Gene One is a biotech company that is struggling ...