Running head: PROBLEM SOLUTION: GENE ONE
Problem Solution: Gene One
Paula J. Collins
University of Phoenix
MBA 520 Transformational Leadership
Group EMBA0708MA
Professor Edye McKnickle
Oct 27, 2007
Problem Solution: Gene One
Gene One a biotechnology company founded in 1996 has over 11 years of experience in developing organically grown tomatoes and potatoes to the public and has received many awards through the technological skills of its Chief Technology Officer, Teri Roberts, However, in an age where the biotechnology industry is soaring Gene One has decided to go public and create an initial public offering (IPO) for the public to invest in its stocks to help generate capital that will be used in advertising and marketing its products and increase the overall profits of the company. Gene One is predicting its growth to be 40% every year and its IPO status to begin three years from this date. Gene One however, must look at all its players, the goal of the company and meet the demands of the challenges it will need to face when becoming a public company.
Gene One has many challenges to face in order for Gene One to develop their prospectus for an Initial Public Offering (IPO) to take their company public. As a biotechnology company, Gene One is governed by state, federal and governmental agencies like The Food and Drug Administration (FDA) and must continue to adhere to the FDA’s standards and guidelines set forth for this industry. Gene One must also think about meeting the needs of its farmers, investors, customers, and employees when Gene One goes public. Gene One must be able to maintain key employees and or recruit other employees who can be train ...