Problem Solution: Gene One Inc.
In this paper, the writer will attempt to show how the company, Gene One, made its decision to become a publicly traded company.
Gene One entered into the biotech industry with groundbreaking gene technology that eradicated disease in tomatoes and potatoes. This technology helped Gene One grow to a $400 million company in just eight years. Gene One has shown the seven competencies of being an effective leader, such as Emotional intelligence, Integrity, Drive, Leadership motivation, Self-confidence, Intelligence and Knowledge of the business. In order to keep pace with the demand and realize annual growth targets, Gene One believes going public within the next three years is the key to success.
Don Ruiz started Gene One at age thirty-seven; along with four colleagues, he recruited. Don Ruiz and his four colleagues share the same values and ethics about what is important in a variety of situations and allow their values to guide their decisions and actions.
Gene One hopes to realize growth targets, establish the company as a strong competitor, and show Wall Street it has the leadership and organizational capabilities to succeed as a public entity.
Gene One will become a transformational leader by implementing four elements: (1) Creating the Vision, reflect a future for the company; (2) Communicating the Vision, share the meaning and importance of the visionary goal to their employees and other stakeholder; 3) Modeling their vision, doing the things that symbolize the vision and (4) Building Commitment to that Vision, transforming their goal into reality.
Gene One will identify issues and turn them into opportunities.
Describe the Situation
Issue and Opportunity Identification
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