Options for implementing a leadership change Essay

agent One is a biotech federation that has seen steady growth since go into the biotech industry in 1996. It was founded by the late Don Ruiz and four different directors.During the last eight years, component One has grown to be move up a $400 million dollar company. factor One wants to continue this growth, and has firm to gain additional growth and funds by issuing an sign Public Offering (IPO). This is in gear up to remain 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, Gene One needs a solid foundation to build upon. Gene One can invite an in-depth look at key concepts such(prenominal) as effective aggroup give way by and through cooperation, trust, and cohesiveness, sources of conflict in organizations, knowledge management, elements of organizational construction, and assess the influence of organizational structure on power and poli tics (Scenario, 2006).Gene One is a growing company with many opportunities for further growth in the future. With this change, Gene One needs to revaluate all areas of the company and rise solutions to problems within the organization. The company has many opportunities for changes, which entrust enable them to scope the goals needed. The key project is to find the best solution that will enable Gene One to reach their goals, and pass better than its competitors. It will need to review the solutions that they have come up with, and the additional alternative solutions that have not even been reviewed (Holmstrom, 1994). aggroup analysisAfter the death of Don Ruiz, there is a banging attractionship gap left in the management of Gene One. The team is therefore incomplete without him, which is undesirable for effective management.Team building is some(prenominal) challenging and rewarding. Effective teams achieve results far beyond what individuals could accomplish on their own. However, team building is much more than putting a group of people to initiateher and hoping for the best.Teambuilding is an art that overcomes differences in style, personality, and other potential areas of conflict, save even when a team functions in total harmony, it may not achieve its goals (Brickley, 1987).As Dons siblings, we have found ourselves having to government issue part in attractership at Gene One. Each family outgrowth was assigned one member of the remaining four members of the executive. In order to assess the remaining teams likelihood of success, I self-collected information about one team member and did an analysis on it. During my analysis, I found my subject to have the following desirable attributes He can take charge, is assertive and can take control of a situation. He is  outgoing, people-oriented and extroverted He is concerned with accuracy, details and exactness He is competitive, has  a great  desire to win and is aggressive He i s  blue-blooded going and casual, and  takes things as they come He likes identifying and analyzing problems He is concerned with by the way results and is quick to take action He is good team instrumentalist who works well with others he is concerned with standards and high quality workAttributes not well representedDespite all the good attributes, I found my subject with a few negative attributes. They include he has a negative attitude regarding people and outcomes He is highly mad and easily loses his temper He gets impatient with the subordinate staffpassportWith a few changes to the leadership structure of Gene One, I pep up 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 friend take the company through a transition to template in a structure that separates ownership from management.Leadership styleGene One needs to develop a leadership style that involves the l eader including one or more charterees in the decision making process.  However, the leader maintains the final decision making authority. 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. personal credit line 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).Leadership structureThe leadership structure at Gene One should change such that the titles of chief executive slayicer and chairman of the board are separate entities. This will help separate management from leadership.  This is the best leadership structure for large corporations or others hoping to enter that league.Most large corporations are not man aged by their owners or shareholders. Instead, they are managed by a leader- chief executive officer or President- and a team of officers. The CEO or president is usually a professional trained 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. Research has shown that CEO duality threatens come on independence, and can erode the essential oversight responsibilities of the Board (Daily and Dalton, 1994).Negative leadership should be avoided at all costs. Negative leaders act domineering and superior with people. They believe the only way to get things done is through penalties, such as loss of job, days off without pay, reprimand employees in front of others, etc. They believe their authority is increase by frightening every one into higher lever of productivity. Yet what always happens when this progress is used wrongly is that morale falls which of course leads to lower productivity.