Problem Solution: GeneOne University of Phoenix GeneOne is a biotechnology fellowship on the confines of making some concrete decisions that would act the future of the company. This paper is to review the situation GeneOne currently faces on with identify challenges and opportunities that whitethorn result from dealing with this problem. Situation summary Issue and Opportunity Identification GeneOne entered the biotechnology industry in 1996 after discovering a gene technology that eradicated in potatoes and tomatoes. No longer needing to buy products corrupt by chemicals this discovery bright consumers and farmers. GeneOne became very lucky and to keep up with the growing controversy GeneOne would be possessed of to keep up with competition. To extend at the forefront of the competition, GeneOnes oversight team believed that within the side by side(p) three years they would have to go public. To be made GeneOne needfu lly IPO detonator for new heightenment, marketing, and advertisement. GeneOnes CEO develop a strategy with the key members in the investment community.
By implementing this strategy, GeneOne hopes to establish the company as a strong oppose and prove to Wall Street and the public that GeneOne possesses the leadership and organisational competence required to travel along as a public entity. These decisions led to plenty of trims GeneOne needs to resolve in install to obtain a successful transition. GeneOne is facing some(prenominal) internal and external problems. Internally, the main problem is within the GeneO ne employees and management team. The employ! ees cannot see the substantiating aspects of the IPO announcement. Lack of communication and collaboration exists within the team. A team lacking cohesion testament seldom be successful. The management team is to be the examples of leaders. another(prenominal) internal issue facing GeneOne is the organizational coating front in the company. Organizations with a strong and positive organizational culture yield break off performing employees. The employees... If you want to desex a full essay, order it on our website: OrderCustomPaper.com
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