Otherwise, its not., There have to be reasons that you get up in the morning and you want to live. This has made him a market leader. When theyre being upheld, the true character of an organization has the opportunity to show its humanity.. You can update your choices at any time in your settings. Bill Gates adopted an autocratic leadership style in the early years of Microsoft to ensure the company grew at the pace that he had . Its something Musk himself alluded to in an interview with The Wallstreet Journal stating: I have OCD on product-related issues. Big picture thinking is key in communication, leadership, decision making and situations where you need to get the gist of things quickly. Develop a communication loop where the team gives one another feedback. When it comes to guiding a company, theres a lot that startup owners and executives can learn from Elon Musks leadership philosophy. Boost your career skills that will help you thrive and stay ahead of the game in the demanding Future of Work. Also, employees are happy and energetic in their roles then they are going to bring success to the company. Interested in learning more about Elon Musk and his companies? Apart from his just cars, Tesla aims toward a different set of energy-related solutions that will design our future. Learn how hes changing the landscape of manufacturing with the Tesla Gigafactory or check out this article next: Who is Elon Musk? Dont dwell on the negatives. Experts say Elon Musk's iron-fisted Twitter. Elon Musk Leadership Assembles the Right Team. He is the founder and CEO of SpaceX; co-founder and CEO of Tesla Inc.; founder and CEO of Neuralink; co-founder and chairman of SolarCity; chairman of OpenAl and last but not the list, founder of PayPal. Become a better leader by embracing the experience and genius within others. Ive always felt like my job was to take these ideas and turn them into company goals, to make them achievable., While Musk sets a high bar, he also recognizes that his team needs a high degree of psychological safety in order to pursue those stretch goals. There are advantages too. But, with numerous successful companies on his resume and a reputation for developing some of the most groundbreaking products and technologies on the market today, hes definitely a leader worth examiningbut not necessarily emulating. Prepare employees for failure by teaching them how to recover when it happens. But while it's possible that his actions are designed to root out people who don't support him or his vision, the cost of lining up loyalty could be high. However, warning flags are flying, and changes in leadership approaches are needed for Tesla to excel. Elon Musk doesnt hire just to fill in the positions in his company rather he hires the right person in the first time. 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. 2 African Journal of Emerging Issues (AJOEI). An autocratic leadership style resembles the traditional military command-and-control approach. Elon Musk's leadership style is a mix of challenges, growth, vision innovation, and more. As mentioned by the author CNBC (2017), Elon Musk aims to break the ice and involve innovation within its operations, which requires him to be more innovative and challenging. Elon Musk's leadership style is transformational since it focuses on innovation and achieving large scale goals. Tesla CEO and co-founder Elon Musk is a controversial figure. Within moments, the energy of the building went from despair and defeat to a massive buzz of determination . This helps him determine how to approach the issue and create an innovative solution. [This] improves the odds of success. Of nearly 18 million respondents, 58% said yes, he should leave the position. It is often widely referred to as the authoritarian leadership style. Better understand, communicate with and motivate high-potential talent, while identifying strengths and addressing blind spots. The message here is not one of doom and gloom. Get started for free with personal (or team) coaching. Failure is an option here, hes quoted as saying. At the heart of Musks businesses is hard work that achieves a meaningful purpose. Secondly, he breaks down the problem into its fundamental principles. . The employee said the experience was challenging, but they came out of it 10 times smarter.. With Musk, he seeks to add quality to society while at the same time presenting a superior tomorrow to humanity. An autocratic leadership has one person in charge, the authoritarian, who collects little to no input from team members. Super awesome experience that you definitely got to try!, What an awesome way to get better at collaborating with my teammates! "You have to think 10 times more audacious than he does to be able to be successful.". In an article discussing Musk's transformational leadership style, the author shares, "As a transformational leader, Elon Musk, of Tesla Motors, demonstrates 'incredible vision, dedication, and perseverance' as he strives to actualize his vision" (Blazek, 2016, para. Lee was everywhere, and his bold and versatile leadership style has been unmatched since . For example, when Tesla struggled through various crises of financial difficulty, Musk continued to fund the company out of his own pocket. Instead, he has an autocratic or transformational way of leadership. The perplexing ability to drift off into a trance which was considered as deafness by his parents at. Although his dominant style appears to be autocratic, it could also be said that his style is transformational. It can be evaluated ) that the transformational leadership and He really gives his all hundred percent to what he does. Autocratic leadership. . There is a certain level of autonomy within the organisation. Under his leadership, Apple . Followers execute. Free up time to work on the business by delegating duties that do not require your attention. He always strives for excellence and does not set on mediocrity. This reminds me of a quote I once heard, "Make a decision and then make it right.". Effective leadership begins with identifying your strengths and then using the unique advantages of your style of leadership to drive growth within your organization. Musk encouraged and motivated his team with saying, For my part, I will never give up and I mean never. We have many successful leaders in this world and Elon Musk is one of them. Articulating a powerful vision is one of his leadership skill that also made him a successful leader. Instead, he has an autocratic or transformational way of leadership. Everyone in Tesla is in an abusive relationship with Elon, a past executive told writer Charles Duhigg. These issues create toxic workplaces, contribute to low employee retention rates, and sink budgets due to constant turnover. 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. Elon Musk once said regarding this simple step, It is important to view knowledge as sort of semantic tree. Employees spend an average of two and a half hours each day communicating, according to research. When he faces a familiar problem or challenge, he simply writes down his assumptions about them. Dolly Singh, former HR head at SpaceX, says about Elon Musk, "The thing that makes Elon Elon is his ability to make people believe in his vision." Twitter employees were given previews of Elon Musk's harsh leadership style during his years at Tesla and SpaceX. Here are the ingredients top leaders say are needed to remedy the havoc in a post-pandemic workplace: Still, many ill-informed leaders will identify with Musks reckless tactics and follow in his footsteps. Frankly, it allows you to keep people who arent that smart, who arent that creative., Relevant F4S motivations: internal reference, indifference, alternatives, low focus on procedures. Our post was a discussion on the Leadership Qualities, Skills, and Styles of Elon Musk. Our expert coaches created the following plan to help. According to Elon Musk, If youre trying to create a company, its like baking a cake. 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. Delegation of work and interactions with employees can help boost employee morale. Strengthen your comfort and motivation to start conversations and initiate opportunities that can inspire hearts and minds in your team and in your life. Delegative Leadership 6. Improve your team management skills, build a high performing team and radically increase team wellness. you discover your natural leadership style and become a confident, inspiring leader. Is what youve written an assumption or a universal truth? Lims appraisal raises the question of what impact his inhumane actions will have on the already bruised mental health of employees. Get started by reading these 15 leadership books. Tesla's future as a mass-market car company hinges on efficient, automated production of the Model 3. Working harder and for longer hours isnt always for the best. tactics are inhumane and dangerous, plus they go against the grain of modern workplace research. Lets get academic for a second. But "it's ridiculous to do so," she said, because some workers even those accustomed to late nights and endless hours of coding will eventually leave for a job with better work-life balance. He compares his duty as oxygen. Since buying Twitter, Elon Musk has conducted mass layoffs and reportedly ordered 84-hour workweeks. 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. I always see whatswrong. Tesla's mission is sustainability in the future, and hence its requirements are different from other organisations. Gavin . Musk is directly going against both of these factors by taking away all flexibility and forcing a minimum of 40-hours-per-week.. As leaders make these tough decisions, its tempting to take the emotion out of it, Jenn Lim told me. The tesla company has aimed to provide the most innovative products to its customers for which he uses the transformational leadership style which emphasises on innovation and development of the skills of the employees that helps the company to perform better and create a competitive environment for the rivals by bringing in innovation within the company (Yauney, 2018). In total, there are seven different ones: democratic leadership, autocratic leadership, transformational leadership, transactional leadership, laissez-faire leadership, charismatic leadership, and servant leadership. Therefore, Elon musk follows the transactional leadership style that helps him achieve short-term goals. What follows are actions that experts say corporate leaders must take in 2023 to restore post-pandemic stability to the workplaceall of which Musk is taking in reverse. The setting of objectives makes the goals easy to follow as a benchmark that can be measured against Stretch goals is essential for accomplishing them. Tesla, being a manufacturing company, is not without its problems. Among his many ventures, Elon Musk is the CEO of SpaceX, founder of the Boring Company, and co-chairman of OpenAI. Like Steve Jobs, he is highly respected and revered for his genius, but that doesnt change the fact hes still notoriously difficult to work with. Study work that establishes a foundational understanding of the subject. He always looks for an innovative invention. At the same time he is admired worldwide for his entrepreneurial and leadership skills. Elon Musk is skilled at problem-solving issues that arise on the completion of any tasks. Schedule out reasonable completion dates for all work. 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