Implementing Change

Implementing Change Free Online Research Papers Change is very important for the future growth of a successful business. Leaders of organizations must analyze whether are not their organization will be able to change with the times, due to the organizational demands, society, and economic shifts. Former Chief Executive Officer of Gene One, the late Don Ruiz, was developing an effective plan to implement positive organizational change. Mr. Ruiz wanted to establish the company as a strong competitor. Therefore, Ruiz decided to go public by turning Gene one into an Initial Public Offering (IPO) in 3 years. Due to Mr. Ruiz’s untimely death, the plan was never introduced or implemented throughout the organization. As one Of Don‘s siblings, my family and I have come up with a strategy so that Don’s dream could come a reality. The purpose of this body of work is to introduce strategies that may be used to bring effective change to the structure of leadership so Gene One can experience change successfully. A seven st ep proposal will be introduced so that change can be initiated. My family has illustrated our plan below in Table 1: Table 1: 7-Steps Used to Initiate the Change Strategy: The Present state or condition of Gene One The change strategy will discuss the current state or condition of Gene One as well as provide a brief synopsis of the company and the challenges it faces in the first step. Gene Created in 1996, Gene One, became the first biotech company of its kind to eliminate disease in tomatoes and potatoes through gene technology. Gene One’s development eradicated the use of pesticides that are used when growing these plants. In eight years Gene One grew to a $400 million dollar company. Recently, biotechnology has seen significant growth on Wall Street. Therefore Gene One, is considering beginning an IPO under the direction of the Board and Don Ruiz. Under the IPO Gene One is hoping the company will grown 40% annually. Ruiz wanted to initiate his plan in 3 years. Gene One must evaluate the structure of the leadership so that it may succeed as a public entity. An IPO must adhere to the requirements of the federal mandated Sarbanes-Oxley Act (SOA). There must be one member of the board that has financial experience according to SOA. The board must be comprised of three committees: compensation, auditing and nominating. Gene One must also shift from equity to cash. The company currently lacks the leadership experience with IPO which calls for a need to hire someone with the necessary knowledge and experience. The company is currently not in compliance with the SOA requirements. Due to the untimely death of Don Ruiz, the company is without a Chief Executive Officer. As the plan is implemented it is also critical to consider those individuals resistance to change. All of the aforementioned factors beg for a change in leadership. Explanation of Gene One’s Proposed Process Change Step 2 of our plan will discuss the proposed process and organizational structure change that will be implemented throughout Gene One. The current contract of each board member will undergo a revision. The new contracts will indicate that the board’s compensation will transition to cash. The Executive Board will consists of 7 seven members. At least one of the members must be a Certified Public Accountant (CPA), with IPO experience and a Certified Auditor with experience in the bio-technology industry. Additionally, the board will establish the auditing, compensation, and nomination committee. Each potential board member and member of the executive team will be subjected to a thorough nationwide educational, employment, credit, and criminal background check prior to acceptance of the position. In addition all individuals in a leadership role throughout the company will undergo intense IPO training. Moreover, the current leadership will began a nationwide search for chang e agents that may replace current leaders or add to the organization. The vision of Gene One will be broadened to include the IPO. Furthermore, the leadership team will develop new process that provide for more accountability and transparency throughout the company. Competencies of Gene One’s Leadership Gene One is grateful to the current leaders for their dedication and hard work that has brought the company to where it is today. However, it is imperative that the competencies of the leaders be addressed and evaluated in this change strategy. Due to the overwhelming successful leadership of one of Gene One’s founders, Michelle Houghton, it has been decided that Mrs. Houghton will be named acting Chief Executive Officer. Mrs. Houghton will bring to the executive team her task oriented leadership style and her proven success rate in securing funding from government and private investors. It is further decided that Charles Jones will no longer serve the organization in his current role as Marketing Officer. Mr. Jones succeeded in branding Gene One but failed to design and implement a marketing structure. It is imperative that Mr. Jones be transferred to a non-supervisory position whereas he can focus on branding Gene One as an IPO utilizing hisgreat ideas, smart risk takin g, and biotechnology connections. He will be replaced by a marketing officer with a proven track record of initiating a successful IPO marketing campaign. Teri Robertson will remain in her current role as Chief Technology Officer. She has effectively mastered her position and it is the nation’s leader in the industry. Greg Thoman, the current Chief Human Resources Officer, will remain in his position; however, his job description will be reevaluated. Mr. Thoman’s responsibility will focus on staffing, recruiting, and Employee relations issues. Because he lacks the necessary experience to provide cultural change, we will immediately begin the search for a change agent. The change agent’s responsibility will be to effectively carry out the change strategy, and to ensure that the attitudes and behavior of all personnel remain beneficial to the company’s success. After the plan is effectively implemented, the change agent will be responsible for continually evaluating the change and preparing for future cultural growth. Capacity for Change within Gene One Step 4 calls for a discussion of the capacity for change within Gene One. According to Judge Robbins (2007), â€Å"Initial Public Option usually means when a company issues common stock or shares to the public for the first time.† Therefore one can assume that Wall Street may begin to drive the way Gene One does business. This is a dramatic change for the organization and will require a positive message being sent throughout the organization that lessens the fears that an individual may feel that their creativity and research ability will become controlled by investors. For eight years, Gene One has been conducting business as usual with a good level of success. In order to go form good to great the capacity for change is essential to the future growth of Gene One. The key in this step is to remain positive and create positive messaging. There is a strong capacity for change however, the leadership team must be on the same page and elicit support/buy-in from stakeholders, cust omers and employees. Capacity for Leadership Structure Teri Robertson as CTO, is one of Gene One’s most influential leaders. Recently she has expressed her discontentment of the change. As acting CEO, Michelle and the current board must have a one on one discussion with Ms. Robertson whereas she is reassured that the new change will not affect her autonomy to offer research in additional areas of study. Furthermore, a plan must be devised to assure that Gene One remains innovative and continues to birth the leading trends of the industry. Furthermore the change agent along with the executive team must keep all of their internal and external relationships intact. Rumors must be dispelled as soon as they are discovered and it is that a phenomenal marking plan is implemented to proactively counter negativity. Resources Necessary to Implement Change There are multiple resources and/or tools needed to implement the change strategy at Gene One. In order to ensure success of the IPO formation, the leadership team must conduct ample research on the types of investors Gene One seeks and secure at least 2-3 investment firms or underwriters willing to make the initial offer. Additionally, a signed certified financial statement must be developed and submitted to the Securities and Exchange Commission and all SOA requirements must be met. In order to ensure success within the leadership structure, all leaders must receive IPO educational training along with literature explaining the process. Secure additional funding to introduce new products. A financial strategy must also be developed to maintain and stay within the budget restraints. In addition, new technologies will need to be ordered and a plan for marketing must be created. Temporary Goals The final step of this change strategy calls for setting temporary goals. The following goals must be completed within one year of this strategy: (1) Hire additional leadership personnel, (2) Create A New Business Model (3) Acquire capital needed for growth by identifying investors, (4) Provide a path to growing Profitability, (5) Significantly Improve Marketing structure, and (6) meet all state and federal mandates. Gene one is an extraordinary company. With the indispensable talents, leadership style, dedication, and knowledge base of its leadership team, our family is more than confident that the change strategy for the Initial public offering will be implemented successfully. Don Ruiz started this company with $2 million dollars and a dream, 8 years later it’s worth $400 million. This change strategy will allow for Gene One to increase its annual growth by 40%. As a team, let’s make it happen in the memory of Don Ruiz. References Robbins, S. P., Judge, T. A. (2007). Organizational behavior (12th ed.). Chapter 19: Organizational Change and Stress Management: Prentice Hall University of Phoenix. (2009). Gene One scenario. Retrieved March 25, 2010 from University of Phoenix, Week Five, LDR/531 Organizational Leadership Course, Class Materials web site. Yukl, G. (2006). Leadership in organizations (6th ed.). Chapter 10: Leading Change in Organizations: Upper Saddle River, NJ: Pearson Education. Research Papers on Implementing ChangeAnalysis of Ebay Expanding into AsiaGenetic EngineeringThe Project Managment Office SystemUnreasonable Searches and SeizuresPETSTEL analysis of IndiaOpen Architechture a white paperTwilight of the UAWIncorporating Risk and Uncertainty Factor in CapitalBionic Assembly System: A New Concept of SelfMarketing of Lifeboy Soap A Unilever Product

Essay on Psychology and Young People

Essay on Psychology and Young People Essay on Psychology and Young People Essay Plan Intro: In this essay I will be discussing two life stages†¦ I will be referring to the PIES that affect the development through the life stage†¦ The first life stage I will be discussing is†¦ The physical developments are†¦ Differs between male and female†¦ How nature nurture debate influences the physical development†¦ Evaluate, Positives and Negatives Impact it will have†¦ Diet can affect†¦nurture Nature, born with it genetics†¦ Argue both sides.. Nature Nurture debate.Intellectual†¦Adolescent thinking is on a higher level than that of children. Children are only able to think logically about the concrete, the here and now. Adolescents move beyond these limits. Adolescents can think in terms of what might be true, rather than just in terms of what they see is true. They are able to deal with abstractions, test hypotheses, and see infinite possibilities. Emotional†¦ shows strong feelings and intense emotions at different times. Moods might seem unpredictable. These emotional ups and downs can lead to increased conflict. Your child’s brain is still learning how to control and express emotions in a grown-up way is more sensitive to your emotions: young people get better at reading and processing other people’s emotions as they get older. While they’re developing these skills, they can sometimes misread facial expressions or body language is more self-conscious, especially about physical appearance and changes. Teenage self-esteem is often affected by appearance – or by how teenagers think they look. As they develop, children might compare their bodies with those of friends and peers goes through a ‘bulletproof’ stage of thinking and acting as if nothing bad could happen to him. Your child’s decision-making skills are still developing, and your child is still learning about the conseq uences of actions. Social†¦ searching for identity: young people are busy working out who they are and where they fit in the world. This search can be influenced by gender, peer group, cultural background and family expectations seeking more independence: this is likely to influence the decisions your child makes and the relationships your child

Overcoming Procrastination. Time Management Article

Overcoming Procrastination. Time Management - Article Example The personal obstacle I faced was procrastination. I had the habit of avoiding doing assignments even when I knew they had to be done. Despite having a highly detailed schedule, I would still find myself procrastinating my duties. This was as a result of getting weighed down by my workload that I would have just put it all off. At most times, I found the lectures so tiring. Concentration was also lacking with new exciting things in this new environment. Some of the causes for poor time management were; lack of self motivation and knowledge as I had no predetermined goals. Maintaining a schedule was difficult due to improper planning for a schedule that was flexible. Procrastination also contributed heavily on managing time as whatever was put off had to be done later at a time planned for another task. To overcome these obstacles, I had to employ some useful tactics. According to my biological tempo and the time of the day it became easy to plan for what would be best to do in the mo rning, day time and evening. I came up with a way to prioritize my day. In the evenings, I would put down most crucial things to be done the next day. I would then attempt them in order of their significance. I would review my progress and fix or adjust my list if necessary. When all significant errands were done, timely and in an organized manner, I would reward myself. For better concentration; studying in particular places like the library is best. Where one can avoid interruption from fellow students or friends, they can cover a lot of work and do their revision. Also switching off the phone or having it in silent mode so as not to get disrupted. During study time, one should only pick urgent calls and shun chatting with friends. Having an arranged working area beats off laziness. One can optimize their working environment. I had a file for all my things and kept them in order of the dates. My class notes were organized and kept ready for quizzes and tests. On a weekly basis, I would conduct a clean up where I would go through all my materials. I filed everything recent systematically and kept old papers in another file at home. Another helpful technique to solve procrastination would be starting on another item after finishing that which you were working on. For example, during study time when done with the day’s work, briefly start on the next assignment so as to be ahead during the subsequent session. If the work is too much you can always do only a small part of the task at a time, and this goes hand in hand with time management. If you do small quantities of the work when it is already nearing the time it should be handed in then the assignment will not be completed, but if one starts doing small portions of the work immediately assigned by submission date, it can be complete and ready to be handed in for marking. A relapse is normal and expected so one must not give up, evaluate what went wrong then try overcoming the obstacles again. After ap plying these techniques, the progress in overcoming my personal and academic challenges was remarkable. Free time and study time were defined clearly after coming up with a flexible schedule. To guarantee success in my studies, there was enough planned study time such that for every hour spent in class two hours would be devoted to revision. I discovered the overpowering problems such as the need for perfection, anxiety and panic and sought them out fast since they are what caused these obstacles in the first place. When the mind is kept occupied at all time, for example, multi tasking it helps. During breaks, going back on what you had studied and revising this for instance definitions covered earlier when studying so that they can be remembered easily if