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- Firm is 2-1/2 years old, a joint
venture formed by two market leaders.
- Parent companies represent two discrete
segments of the value chain served by the startup.
- Senior executives, drawn from parent
companies, are highly credentialed specialists—scientists,
researchers, attorneys.
- Business/Management experience is
minimal.
- Ongoing funding is not assured; some
contingency on proof of market viability.
- Lead times for discovery, development,
and delivery are long. Sense of urgency sometimes misplaced.
- Co-CEOs appointed initially. Retirement
of one created significant adjustment issues, conflict with
remaining CEO.
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Defined leadership needs
in early stage organization.
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Calibrated leadership team’s
capacity for decision-making.
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Identified management issues
requiring immediate action.
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Improved management team
unity.
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Developed short-term plan
to prove viability.
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