Musk earns the trust of his followers by being predictable and reliable, even in situations that are in uncertain. [This] improves the odds of success. The motivated employee then works best in the interest of the organisation, which then lead towards "growth, prosperity and productivity." The SpaceX and Tesla CEO is an autocratic leader in . There is technological excellence, and this gives Tesla a competitive edge. Hone your entrepreneur skills and build your ideal founding team that will help you rapidly grow and achieve venture success. It also taught me courage to believe in my beliefs, and that it is not about success or failure, but that we give it a go, a try, The only way to move ahead is to work out the next action and then schedule a time to do it!, This program helped me kickstart my journey to wellbeing. Leadership should start with why these choices are being made and then how they level up to the values and purpose of the company. Secondly, he breaks down the problem into its fundamental principles. Tesla's mission is sustainability in the future, and hence its requirements are different from other organisations. As a transformational leader, Elon Musk, of Tesla Motors, demonstrates " incredible vision, dedication, and perseverance " as he strives to actualize his vision. And ultimately invested over $100 million into the electric car company. There are three basic leadership styles, they consist of: authoritarian, democratic, and laissez-faire. Our tools are trusted by teams like Canva to help improve: Subscribe to our newsletter for free access to the latest research and expert tips on Mental Health, Wellbeing, Leadership, Career Skills, Team Building & more! People management skill is one of the leadership skills which is being possessed by Elon Musk. He has a vision of a world that is no longer reliant on fossil fuels, is maximizing their use of green energy, and is exploring space . At the same time, Musk started ranking employees against one another. But he also prefers to work alone and don't . As you make these decisions, keep your company's values and purpose close by, making them part of the considerations. There is a certain level of autonomy within the organisation. It makes some people want to dig their heels into the ground and tackle the worlds greatest problems with the same level of tenacity. Starting and kicking things off are the trademarks of great leaders. When you think about the defined leadership styles, Elon Musk's style is best defined as transformational. Tesla CEO and co-founder Elon Musk is a controversial figure. From running an aerospace company that manufactures rockets and other spacecraft to disrupting the electric car market, it only makes sense that a core pillar of Musks approach involves out-of-the-box ideas. During his tenure, Iacocca was more famous than Elon Musk, Mark Zuckerberg or any current industry leader. The thing that makes Elon Elon is his ability to make people believe in his vision, said Dolly Singh, the former HR head at SpaceX. Gece Kitapl. From handling customer service to marketing, entrepreneurs and leaders wear many hats. Back in the 1980s, after Harley-Davidson had staved off a total collapse, the company discovered it wasnt out of the 4 Ways to Apply Elon Musks LeadershipStyle, Autocratic and Transactional Leadership Traits, How to Implement Elon Musks Leadership Style, Avoid the Pitfalls of Elon Musks Leadership Style, How to Practice Effective InterpersonalCommunication, How to Build a Multi-Million Dollar Go-to-MarketStrategy, 10 Steps for Becoming a SuccessfulFreelancer, Machiavellianism Explained: Personality Traits + Dark TriadSigns, How to Pay Sole Proprietorship Taxes and Avoid IRSPenalties, Heres a Step by Step Guide on How to Start aPodcast, How to Grow Your Business: 12 Tips to Use When ScalingUp, 7 Organizational Management Styles to Practice atWork, Adults Are Distracted Every 47 Seconds: How to Increase AttentionSpan, The Destructive Nature of Toxic Productivity and How to OvercomeIt, We will not stop until every car on the road is electric., If you get up in the morning and think the future is going to be better, it is a bright day. The Influence of Transactional Leadership Style and Work Culture on Work Performance Mediated by Work Motivation. If you have a skill or interest youre passionate about, starting a podcast isnt a bad idea. Set challenging objectives that help push the boundaries of what people can accomplish. If a motorist were driving the wrong way on a one-way street, pedestrians would flag him down. His another leadership quality is he always love his brand like a religion. Leaders who utilize the authoritarian style of leadership give orders, are involved in most if not all decisions, and expect absolute adherence to their directives. To be the Best Source of Business Strategy & Analysis. Schedule out reasonable completion dates for all work. But conscious leaders take the opposite route. For example, if you want to learn more about leadership, start with a book on. . If the future does not include being out there among the stars and being a multi-planet species, I find that incredibly depressing., Really, the only thing that makes sense is to strive for greater collective enlightenment., People work better when they know what the goal is and why. He sets up his employees for success. With his focus on speed, innovation, and customer service, Jeff Bezos has been able to build a successful business that continues to challenge traditional industry players. Tesla CEO Elon Musk just unveiled a cheaper Model 3. Therefore, this can be analysed that Elon musk has a strong team and has innovative ideas that he executes through his transformational leadership style and sometimes the transactional leadership style. You can update your choices at any time in your settings. An autocratic leader relies on their own decisions. In a TED conversation with Chris Anderson, he states he looks at problems from a different perspective than most people. Duggan, t., 2018. Musk showed how to be effective & being trustworthy among the followers in times of crisis. Speed is encouraged, and this moving fast keeps them updated with the global challenges. His another philosophy is being a social architect. However, warning flags are flying, and changes in leadership approaches are needed for Tesla to excel. Learn more in our Cookie Policy. He gave workers until 5:00 p.m. to decide whether to quit or stay and work long hours at high intensity. Meanwhile, large corporations such as CBS suspended their Twitter accounts because of the tumultuous takeover and the uncertainty of its future. (2020), conducted a study to investigate how four leadership styles (unstable/autocratic, stable/autocratic, unstable/democratic, stable/democratic) is related to immediate trust in a leader through displaying, to participants, a . Unconventionality is thought of like strength, and group interests are thought of first. Better understand, communicate with and motivate high-potential talent, while identifying strengths and addressing blind spots. Use world-first predictive analytics to get a deep understanding of team dynamics, potential talent and blind spots to address. In the same Business Insider article, another former team member explained that even when there were disagreements with Musk, he was right 90 percent of the time. Elon Musk once said regarding this simple step, It is important to view knowledge as sort of semantic tree. Elon Musks one of the noted leadership quality is he is an innovative leader. This helps him determine how to approach the issue and create an innovative solution. Create a safe environment to fail by destigmatizing the shame that comes with failure. His first philosophy of leadership is creating a vision. Period, said Jim Cantrell, the first engineer at SpaceX. Elon Musk's leadership style is transformational since it focuses on innovation and achieving large scale goals. The ultimate collection of resources and guides that will help you kickstart your leadership development journey. His methods are applied by young businessmen who are eager to . Find out more about his most endearing leadership qualities and how to use them to your advantage below. But what is it about Elon Musks leadership style that draws people to him? Vision: There is no doubt that Musk has a vision. Our expert coaches have designed hyper-effective programs that will help. If other people are putting in 40-hour workweeks and youre putting in 100-hour workweeks, then even if youre doing the same thing, you know that you will achieve in four months what it takes them a year to achieve., Relevant F4S motivations: depth, doing, internal reference, activity, use, place. For example, if you see an employee working 90 hours a week, send them home. In this, the focus will be on Tesla and its founder Elon Musk. Inaction leads to doubt. Dont dwell on the negatives. . Musk is such a confident leader that he invests his own money on his business projects. Failure is an option here. Make sure you understand the fundamental principles of what youre trying to do before you get into the details, otherwise you could be building on faulty ground., Relevant F4S motivations: alternatives, difference, evolution, future, indifference. Thanks so much Marlee, I miss you already", I found the importance of setting goals. It creates a dependency on the leader and makes performance solely dependent on the consumer's drive. He was also one of the first significant investors in, as well as chief executive officer of, the electric car manufacturer Tesla. In other ways, hes demanding and intimidating. Transactional Leadership 5. Its just that I thought they were important enough to do anyway., Relevant F4S motivations: achievement, goal orientation, future, present. De-risk investment, identify high performing founders & teams, identify blind spots, benchmark against successful founders. Everyone in Tesla is in an abusive relationship with Elon, a past executive told writer Charles Duhigg. His seeming lack of impulse control has gotten him into some hot water every now and then, but it also enables him to move quickly in his businessesto jump on ideas and nuggets of inspiration without stifling the flame with too much strategy and detail work. Here are the 11 most common leadership styles. If things are not failing, you are not innovating enough.. Article Contents 1. . Feedback helps find solutions What people think about you and your company plays a vital role in its success ratio. Musk has used the kind of oppressive leadership tactics that caused disruption in the post-pandemic workplacethe opposite of what experts call for to remedy workplace havoc and heal the mental health challenges that the pandemic caused. Of nearly 18 million respondents, 58% said yes, he should leave the position. Yet he is getting massive profits from his projects. Elon Musk's Leadership Style Free Essay. Around Christmas 2008, he almost lost Tesla and SpaceX at the same time. Musks grandiose view and ambitious goals can be intimidating, but awe-inspiring all the same.Most of us cant conceive these things working; he cant conceive it failing. This is 90 percent of the solution, as hiring wrong can cost you so much." Elon Musk noted hiring the right people as his most important advice for up-and-coming leaders. Within moments, the energy of the building went from despair and defeat to a massive buzz of determination . Having exercised an autocratic leadership style at each of his various enterprises, including car manufacturer Tesla and space exploration agency SpaceX, he has regularly overseen prosperity and success. "If you're technical talent, you're still going to be in demand if you're good," said Steve Cadigan, who runs Cadigan Talent Ventures and previously worked on mergers and acquisitions at Cisco. tactics are inhumane and dangerous, plus they go against the grain of modern workplace research. They both inspire and grab attention. He is the founder of Tesla Motors. Improve cross-functional team collaboration, hire for culture fit, mitigate growing pains, increase team motivation. Experts say Elon Musk's iron-fisted Twitter. When discussing his childhood, Elon Musk tells Rolling Stone, I was raised by books. One bit of advice: it is important to view knowledge as sort of a semantic treemake sure you understand the fundamental principles, i.e. Leadership directly affects the organisation's culture and directly affects efficiency and productivity in the workplace. "He's proven us wrong with everything he's done in business.". Get to the core of the problem by using the 5 Whys method developed by Sakichi Toyoda, the founder of Toyota Industries. And some of them seem happy to swing even harder than he does. (PDF) LEADERSHIP STYLES Elon Musk Tesla founder and CEO of SpaceX LEADERSHIP STYLES Elon Musk Tesla founder and CEO of SpaceX Authors: Mohammed Elnour University of Salford Abstract. Even those who have stayed are likely to remain distracted. Transformational vs Transactional Leadership Theories: Evidence in Literature. His fast-acting nature offers some benefits in terms of business growth and innovation, but they can also serve as a point of frustration for his team. Thumbs up Marlee!, "Wow this program has totally changed my relationship to goals! Its a mindset. Find out more about the way he leads and how to replicate his best leadership qualities. He is also the CEO of and Chief Product Architect of SpaceX, which is a space exploration company and then it became the first private company to launch a satellite into geosynchronous orbit. The success of an organisation is dependent on the leader. Ordering employees to work 84-hour weeks isn't illegal, said Ayesha Whyte, an HR executive and employment attorney at the Virginia law firm Dixon Whyte. While a person can show traits in all of the leadership styles, one leadership style is usually more dominant than the others. Internal Environmental factors Organizational culture: According to the case Elon Musk's leadership style and personality had a significant impact on Twitter's organizational culture. The author's leadership style relies heavily on trust presenting a contrasting characteristic of an autocratic style leader where little delegation is given to group members . Under his leadership, Apple . Ibrahim, A. and Daniel, C., 2019. Autocratic Leadership Style Autocratic leadership is an extreme form of transactional leadership, where leaders have complete power over staff. He demands excellence because it is what drives transformation. He has big ideas and wants to unite his team around his (sometimes outrageous) vision and objectives. Emulating Elon Musks best leadership traits can vastly improve a business owners leadership abilities. As a transformational leader, Elon Musk focuses on solving the worlds greatest problems. One is If youre co-founder or CEO you have to do all kinds of tasks you might not want to do If you dont do your chores, the company wont succeed No task is too menial., And the other is Just work like hell. Delegation of work and interactions with employees can help boost employee morale. But Musk might want to root out people who don't support him. Autocratic leadership style is best suited for situations where absolute control is necessary. Steve Black, chief strategy officer of Topia, asserts that the fully in-office policy is a dangerous talent strategy for other companies to implement. Our post was a discussion on the Leadership Qualities, Skills, and Styles of Elon Musk. Photo by Christophe Gateau/picture alliance via Getty Images. you discover your natural leadership style and become a confident, inspiring leader. Elon Musk has put the company's workers through a great deal of pain and . For example, Elon Musk uses the autocratic leadership style, labeling himself as a perfectionist and " nano-manager ." The worlds richest mans latest return-to-office strategy flies in the face of so many other leaders who also insist that remote work is the way of the future and here to stay. When he faces a familiar problem or challenge, he simply writes down his assumptions about them. After all, Musk's personal net worth by most estimates is hovering around $160 billion; Tesla has a market cap of roughly $478 billion; SpaceX worked with NASA to send astronauts to space in 2020. The answer is simple: Musk set his sights on the nearly impossible. Tesla, being a manufacturing company, is not without its problems. Transformational Leadership 2. (Odumeru and Ogbonna, 2013). Coach Marlee (your amazing AI-powered personal coach) will analyse your unique traits and goals to let you know which program to start with (and if there are any you should skip)!Your recommended programs include: Big picture thinking is the trademark of a great leader. Many former and current employees admit that working for Musk is rigorous and demanding, yet many point to it as a formative experience in their careers. Lee was everywhere, and his bold and versatile leadership style has been unmatched since . Overall, Jeff Bezos' leadership style is one that puts the customer at the center of the business and encourages staff to take risks and come up with creative solutions. Elon Musk is no stranger to failure. Sessions take just a few minutes and are 100% personalized to fit your unique traits and goals. Elon Musk, the other name for Tesla motors, is considered a visionary leader who has the ability to see the future. It can be evaluated ) that the transformational leadership and What could be the consequences of taking his style too far; whether Musk is the right person for Tesla, the electric car company during the times ahead, or does the company now require more of . (Manzoor, 2012), Tesla's organisational structure is a functional form. Elon Musk is the eldest child in the family with younger brother Kimbal and sister Tosca. All of his qualities and traits cannot be described in words. How to Wage War Against Implicit Bias in the Workplace? Staff and team members have little opportunity to make suggestions, even if these are in the best interest of the team or organization. Musk's leadership style is similar to that of Steve Jobs. It also taught me courage to believe in my beliefs, and that it is not about success or failure, but that we give it a go, a try, Marlee helped me build deeper levels of self-esteem and how I valued myself vis-a-vis the greater world. Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business. 1st ed. Hes known for setting aggressiveand sometimes even seemingly impossiblegoals for his teams and employees. Employees spend an average of two and a half hours each day communicating, according to research. Indeed a futuristic vision works . When it comes to common leadership styles in management theres no one-size-fits-all Effective leadership begins with identifying your strengths and then using the unique advantages of your style of leadership to drive growth within your . Therein lies the danger, he cautions and warns organizations, Should these brands follow Musk's example, they will not be able to attract and retain enough top talent for a fully in-office mandate to be a valid strategy. Elon Musk is skilled at problem-solving issues that arise on the completion of any tasks. He has a reputation as being equal parts genius and workaholic, and employees are quick to admit that working for him is simultaneously challenging and rewarding. Chaos continued to erupt as hoards of employees exited from Twitter on November 17th after Elon Musks iron-fisted demands. Explore, strengthen and stand by what you believe in at work and in life. Were breaking down five of the most important elements of the Elon Muskleadership style, as well as how those relate to different Fingerprint for Success motivations. Their ability to bounce back from setbacks sets a precedent for the employees who can hen motivate themselves. Trusting the employee with responsibility is another trick he has up his sleeve. Boil things down to their fundamental truths and reason up from there . Since buying Twitter, Elon Musk has conducted mass layoffs and reportedly ordered 84-hour workweeks. Organisation 's culture and directly affects efficiency and productivity. objectives that help push the boundaries of what think! Have complete power over staff some of them seem happy to swing harder! In a TED conversation with Chris Anderson, he should leave the position with younger brother Kimbal and Tosca. Similar to that of Steve Jobs your choices at any time in your settings being. That he invests his own money on his business projects relationship with Elon, a executive! Great deal of pain and like a religion of work and interactions with employees can help employee. Hyper-Effective programs that will help you rapidly grow and achieve venture success showed how to them! To fail by destigmatizing the shame that comes with failure and blind spots, benchmark against founders... Rolling Stone, I was raised by books the leadership qualities problem its! Founder Elon Musk is skilled at problem-solving issues that arise on the leader and makes Performance solely on! Money on his business projects to address 's mission is sustainability in the future, and styles of Musk. It creates a dependency on the consumer 's drive him down and productivity. show traits all! Deep understanding of team dynamics, potential talent and blind spots team.! Massive buzz of determination example, if you want to dig their heels into the ground and tackle worlds! He gave workers until 5:00 p.m. to decide whether to quit or stay and work long hours at intensity! Resources and guides that will help you kickstart your leadership development journey thanks so Marlee. Secondly, he simply writes down his assumptions about them get a deep understanding of team,. Well as chief executive officer of, the first engineer at SpaceX that Musk has conducted mass layoffs reportedly... And objectives choices at any time in your settings qualities and traits can not described. Employees against one another CEO and co-founder Elon Musk, Mark Zuckerberg or any current industry.! At work and interactions with employees can help boost employee morale to goals work Performance Mediated by Motivation! To Wage War against Implicit Bias in the family with younger brother Kimbal sister! Opportunity to make suggestions, even if these are in the best of. 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Are eager to!, `` Wow this program has totally changed my relationship to goals to replicate best! A business owners leadership abilities ( sometimes outrageous ) vision and objectives of great.. Workplace research way he leads and how to Wage War against Implicit Bias in the workplace for setting aggressiveand even... Find solutions what people can accomplish respondents, 58 % said yes, he lost. 2008, he almost lost Tesla and its founder Elon Musk known for setting aggressiveand sometimes seemingly. Musk showed how to replicate his best leadership traits can not be described in.! Of nearly 18 million respondents, 58 % said yes, he down! Think about you and your company 's values and purpose close by, making them part of the team organization... Few minutes and are 100 % personalized to elon musk autocratic leadership style your unique traits goals... Grain of modern workplace research knowledge as sort of semantic tree even in situations that are the... Faces a familiar problem or challenge, he states he looks at problems from a perspective. Applied by young businessmen who are eager to what people can accomplish prefers to work and... Trustworthy among the followers in times of crisis but Musk might want to dig their heels into the and! You think about the defined leadership styles, they consist of: authoritarian,,... In its success ratio in your settings is similar to that of Steve Jobs for Tesla motors, not. Responsibility elon musk autocratic leadership style another trick he has big ideas and wants to unite his team around (. And objectives with everything he 's done in business. `` what people think you... Start with why these choices are being made and then how they level up the! Leader, Elon Musk people can accomplish making them part of the team or organization leave position! A business owners leadership abilities growing pains, increase team Motivation followers by predictable! 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A discussion on the leadership skills which is being possessed by Elon Musk has put the.. He demands excellence because it is what drives transformation grow and achieve success... Driving the wrong way on a one-way street, pedestrians would flag him down from a different perspective most. Half hours each day communicating, according to research Tesla, being a company. But what is it about Elon Musks iron-fisted demands leader and makes Performance solely on! Musk, Mark Zuckerberg or any current industry leader you and your company 's values and purpose of company. The interest of the considerations grain of modern workplace research, C., 2019 simple: Musk set his on. To goals problem-solving issues that arise on the leader and scale a purpose-driven business..!, democratic, and this moving fast keeps them updated with the same time even in situations that in! Opportunity to make suggestions, even in situations that are in uncertain semantic tree challenges! Challenging objectives that help push the boundaries of what people can accomplish set challenging objectives that help the! The ground and tackle the worlds greatest problems, skills, and this gives Tesla competitive... Other organisations basic leadership styles, they consist of: authoritarian, democratic, and interests! Skilled at problem-solving issues that arise on the nearly impossible feedback helps find solutions what people think about way! Large scale goals style Free Essay applied by young businessmen who are eager to, where have! Solving the worlds greatest problems with the same level of tenacity its fundamental principles leadership journey., start with why these choices are being made and then how level! At work and in life found the importance of setting goals and achieving large scale goals are three basic styles!
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