Options for implementing a leadership change Essay

component unrivaled is a biotech guild that has seen level increase since entering the biotech industry in 1996. It was founded by the late adopt Ruiz and quadruple some other directors.During the last eight years, cistron integrity has full-grown to become a $400 million dollar company. gene unrivaled wants to continue this growth, and has decided to gain additional growth and funds by issuing an Initial Public Offering (IPO). This is in order to run competitive in the market, since it needs more capital for new development, advertisement, and marketing if it is to remain successful.In order for the IPO to be successful, agent One needs a solid foundation to build upon. Gene One can acquit an in-depth look at anchor concepts such as effective squadwork through cooperation, trust, and cohesiveness, sources of conflict in organizations, hunch overledge steering, elements of organizational structure, and prize the influence of organizational structure on power and politics (Scenario, 2006).Gene One is a growing company with many opportunities for further growth in the future. With this limiting, Gene One needs to revaluate entirely areas of the company and befall solutions to problems within the organization. The company has many opportunities for changes, which result enable them to reach the goals needed. The key project is to find the best solution that will enable Gene One to reach their goals, and become better than its competitors. It will need to look into the solutions that they collect come up with, and the additional alternative solutions that progress to not even been reviewed (Holmstrom, 1994). team up analysisAfter the death of Don Ruiz, there is a big leading gap left in the management of Gene One. The team is therefore incomplete without him, which is undesirable for effective management.Team building is both challenging and rewarding. Effective teams achieve results far beyond what individuals could accomplish on the ir own. However, team building is much more than putt a group of people together and hoping for the best.Teambuilding is an art that overcomes differences in personal manner, personality, and other potential areas of conflict, but even when a team functions in summation harmony, it may not achieve its goals (Brickley, 1987).As Dons siblings, we agree found ourselves having to take part in leadership at Gene One. Each family section was as pressed one member of the remaining four members of the executive. In order to assess the remaining teams likelihood of success, I gathered information about one team member and did an analysis on it. During my analysis, I found my subject to have the quest desirable attributesHe can take charge, is assertive and can take control of a situation. He is outgoing, people-oriented and extroverted He is concerned with accuracy, lucubrate and exactness He is competitive, has a great desire to win and is self-assertive He is easy going and casual, and takes things as they come He likes identifying and analyzing problems He is concerned with timely results and is quick to take action He is trade good team player who works well with others he is concerned with standards and noble quality workAttributes not well representedDespite all the good attributes, I found my subject with a few invalidating attributes. They include he has a negative attitude regarding people and outcomes He is highly emotional and easily loses his temper He gets impatient with the coadjutor staffRecommendationWith a few changes to the leadership structure of Gene One, I recommend my subject for a further role in management of Gene One. His attributes are impressive and can steer the company to great heights. However, he should help take the company through a transition to usher in a structure that separates ownership from management. lead styleGene One needs to develop a leadership style that involves the leader including one or more employees in the purpose making process. However, the leader maintains the final decision making place. Using this style is not a sign of weakness rather it is a sign of strength that your employees will respect. This is normally used when you have part of the information, and your employees have other parts. Note that a leader is not expected to know everything-this is why you employ knowledgeable and skillful employees. Using this style is of mutual benefit it allows them to become part of the team and allows you to make better decisions (Tannenbaum & Schmidt, 1958). lead structureThe leadership structure at Gene One should change such that the titles of CEO and hot seatman of the board are separate entities. This will help separate management from leadership. This is the best leadership structure for broad corporations or others hoping to enter that league.Most large corporations are not managed by their owners or shareholders. Instead, they are managed by a leader-CEO or President- and a te am of officers. The CEO or president is usually a professional educate in a particular field with the necessary experience. The CEO is accountable to the stockholders through their elected representative, the board of directors. Gene One should not have a dual CEO where the CEO functions simultaneously as the chair of the board. A non-dual CEO would be the best option for Gene One. look has shown that CEO duality threatens Board independence, and can erode the essential superintendence responsibilities of the Board (Daily and Dalton, 1994). forbid leadership should be avoided at all costs. Negative leaders act domineering and superior with people. They believe the only fashion to get things done is through penalties, such as loss of job, eld off without pay, reprimand employees in front of others, etc. They believe their authority is increased by frightening everyone into higher lever of productivity. Yet what ever happens when this approach is used wrongly is that morale fall s which of course leads to pull down productivity.