Running head: PROBLEM SOLUTION: _________ CORPORATION
Problem Solution: Gene One Corporation
Transformational Leadership
Instructor: Dr. Mary Jo Moran
University of Phoenix
January 29, 2006
Problem Solution: Gene One Corporation
Gene One is a young agricultural biotechnology company. Gene One began operations 8 years ago with a $2 million dollar investment, 5 dedicated stakeholders and 1 extraordinary leader with a vision to grow a successful company. Gene One’s flagship technology that eliminated diseases found in potatoes and tomatoes, along with other technological advancements, have been a tremendous source of revenue for the company. In all, this relatively young company has grown from the initial $2 million dollar investment to realize annual revenues in excess of $400 million dollars. If Gene One is going to survive the next eight years Don Ruiz, Chief Executive Officer and the Board of Directors must implement new business strategies.
I will attempt to guide Gene One on a path that will be conducive to the company’s goals and objectives. I will gather information from chapter readings and simulations through University of Phoenix’s on-line MBA520 program, University of Phoenix’s on-line library and the World Wide Web and personal knowledge. Benchmarking companies will be used from the nonprofit sector to illustrate successes.
Situation Background (Step 1)
Like many companies that experience rapid growth, the desire to expand operations is pressing. Gene One’s Board of Director’s and CEO Don Ruiz are no different. Mr. Ruiz has convinced the Board that in order to continue the company’s success, additional ...