Identify and research two companies that have faced specific issues related to those you identified in the Gene One Scenario and connected with the course concepts. For each company selected, discuss the following in a 350-word synopsis: (A) issue identified in the scenario that is also facing the company, (B) how the company responded to the issue, and (C) outcomes of the company's response to the situation.
Key Course Concepts:
Analyze the elements of organizational culture
Explain the relationship between organizational culture and ethics
Explain the process of group and team formation
Analyze the influence of leadership styles on individual performance.
Develop strategies for managing the group process.
Examine the roles and interaction of group and team members.
Apply conflict management methods to enhance group and team performance.
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Desired Future State Declaration
Gene One has successfully launched its IPO plan on Wall Street while maintaining its high degree of commitment to society, gaining new insights regarding the industry, and regaining the synergy of its organizational culture.
Benchmarking Topic : Building high performance teams
A team is a set of two or more people who are dependent on one another and who are focused on completing certain task or achieving a particular goal. Team members depend on each other for the deliverance of new ideas and alternatives to individual initiatives. By learning effective communication skills, conflict resolution methods and joint problem solving abilities, teams can come together and form bonds in order to reach the desired goals. Teams must learn certain team building skills and supportive collaborative methods by which to become successful. Without mass training and an organizational culture as a foundation, teams will never realize their full potential. "The main threats to team effectiveness are unrealistic expectations leading to frustration" (McShane &Von Glinow). Team members at Gene One are becoming discouraged by the fact that there are several requirements that must be met in order to comply with the Sarbanes Oxley Act certifications, many of which have not been researched. They also need work in the area of trust and communication. Gene One needs to develop team viability by incorporating ...
This is benchmarking research for a fictitious company called Gene One.