Abstract Most companies in the modern society face challenging decision or dilemma while focusing on the concept of ‘to grow or not to grow'. The outcome of this dilemma has two massive possibilities: success or failure of the operations of the organization. It is essential for the organization to consider change in relation to creation of opportunities for growth and profitability. This is an indication that change is elementary to organizations seeking to improve their operations through growing business entity.
Gene One Scenario
Structural/Economic Strategy
Focuses on structural adjustments with the company.
Aims at ensuring compliance with the requirements of the SEC and SOA
The main objective is to transform the financial structure of the organization to meet the requirements of the IPO vision
Seeks to improve the performance of the financial structure through three critical factors
Cont.
These factors include downsizing, adjustments in incentives and compensations, and restructuring.
Focuses on shaping of the financial efforts of the company in relation to the achievement of the IPO vision.
Will enable the organization to identify critical factors in the pursuit of IPO vision and growth projections
Cont.
Economic approach will enable the organization to develop committees for auditing, nomination, and compensation activities
Will fortify the executive leadership for the pursuit of the IPO vision
Personnel/Organizational Strategy
Focuses on the improvement of the performance of the human capital.
Enables the organization to address problems or issues through adherence to the core values and organizational culture.
Increases the need for development of culture and talent to facilitate and sustain the growth projections.
Cont.
Organizational approach will increase the focus on the human capital through organization of the components to achieve the IPO vision.
Focuses on the addition of critical positions to enable the organization achieve the growth projections and meet the IPO requirements.
Like in the case of structural strategy, this approach focuses on the achievement of innovative vision through participation in IPO.
How the organization's size affects leadership and management control
Organization's size has significant impact on the effectiveness of leadership and management control.
Small organizations represent better performance of leadership and control.
Small organizations enhance close scrutiny of the workforce to work better thus increase in the standard of leadership and management control.
Cont.
Small organizations reflect effectiveness of leadership and management in relation to problem solving, interactions, stability, individual participation, and communication.
There is effective leadership in large organizations in case of implementation of diverse-skills in the management of the entity.
Leaders and managers have the opportunity to implement traits such as creativity, communication, and interpersonal skills in the context of small organizations in comparison to large entities.
Cont.
There is loss of effectiveness in leadership in large organization with increase in anxiety to participate.
There is inverse relationship between effectiveness of leadership and size of the organization.
Size of an organization is essential in the determination of the distance between the leader and followers
Cont.
Leaders have the ability to maximize diverse skills and expertise within the workforce because of the number of the employees unlike in the case of small organizations.
This indicates that size of an organization affects effectiveness, efficiency, strategies, communications, and interactions within the organization thus influencing performance of leadership and management control.
Proposed changes' potential effects on the organizations culture
Proposed changes will transform organizational structures thus affects interactions and communications within the organization.
Proposed changes will transform the organization's financial structures and statements thus integration of new business model.
Proposed changes will incorporate new senior leadership positions thus changing the matrix structure.
Cont.
The proposed changes will enhance development of the culture and talent to facilitate achievement of growth projections and sustainability of the achieved goals.
The proposed changes will enhance effectiveness and efficiency in relation to adoption of new senior leadership positions.
You’re 82% through this paper. Sign up to read the full paper.
Sign Up Now — Instant Access Already a member? Log inAlways verify citation format against your institution’s current style guide requirements.