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Submitted by lazylhangings on April 8, 2008
Category: Business
Words: 2895 | Pages: 12
Views: 346
Popularity Rank: 26,854
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Gene One is a biotechnology company that has grown from $2 million start-up company into a $400 million highly successful large private company. This has created in them the desire to increase their growth and develop into a publicly traded company and develop into an IPO. They are a very talented team that has earned them a place in the biotechnology market. As their desire to enter the public sector has materialized, stresses have increased among the senior members of the Gene One team and have resulted in increased conflict, loss of organizational commitment, and lost confidence in the teams’ ability to lead Gene One into an IPO. Eminently available is the use of emotional intelligence, the need for conflict management, and development and implementation of servant leadership. These are the course concepts that will be visualized and concentrated on in order to help Gene One develop into its much desired IPO.
Don Ruiz, CEO for Gene One, founded Gene One as a $2 million start-up company. He has developed a talented team who has demonstrated organizational commitment by their actions and deeds. They have been highly effective and productive in their quest to build the company to its current status. However, recently as they have received the boards’ approval to seek IPO status, stresses have increased conflict has ensued. Most recently at the first team meeting concerning the approval and plan implementation to achieve IPO status, personal attacks were waged by the talented CTO Teri Robertson. Robertson is one of the original start-up team members and has a world-renowned reputation for her development of technology that eradicates disease in tomatoes and potatoes. This effort has put Gene One on the map. Also, she was recently selected as CTO of the year in CTO International Review Magazine. Therefore, it is evident that she is a key player in Gene One’s lineup. IN the first senior team leadership staff meeting, the company CFO, Michelle Houghton,...
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