Implementing Leadership Change Term Paper Example | Topics and Well Written Essays - 500 words

Implementing Leadership Change - Term Paper Example Objective The main objective of the company is to remain competitive via product development and to focus on innovations. Strategies to Be Followed Two main strategies can be inculcated by Gene One. They are leadership strategy and the training strategy. Leadership has been a key component for determining the success of for-profit as well as non-profit organizations. Gene One has taken the decision of going public via IPO issuance; however lack of knowledge of effective implementation is becoming the challenge for the company. It is leadership strategies through which the company will effectively be able to implement the decisions that have been taken by the management. When such decisions are taken, it becomes important for the company to opt for effective leaders since they can make even the weak business plan a successful one. It is the leaders who will set a proper direction for the followers and thus help to visualize the goals to be achieved (Mills, 2005). The leaders at Gene O ne needs to have a proper vision of what is to be achieved. He further needs to assume the risk of loss as well as failure and thus formulate his strategies accordingly.