Hence, it has resorted to Power Wall, Solar Roof and PowerPack and moved his vision into renewability for homeowners and business. Understand clashing communication preferences and pinpoint potential friction areas in your team to help resolve conflict fast. Like any other leader, his approach has its upsides and downsidesand theres plenty to be learned from the way he leads the charge for his employees and numerous companies, including the following lessons: Elon Musk is by no means a perfect leader, and really, theres no such thing. If you find yourself leading this way, I'd suggest you consider how your style is impacting the morale of your team. . His work is highly personal to him which is born from the heart, nurtured into the heart and passionately loved. If one was to consider Maslow's hierarchy, there is a certain level of motivation required for employees to succeed. The message here is not one of doom and gloom. Keywords: Leadership, Elon Musk, United States LEADERSHIP . Trust Your Gut coaching program helped me build deeper levels of self-esteem and how I valued myself vis-a-vis the greater world. Inaction leads to doubt. However, this is limited to his being and extends to challenging his employees on an intellectual level and setting an example via his actions. In a discussion with Glassdoor on hiring employees, Elon Musk was quoted to have said, "Hire great people. 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. When you think about the defined leadership styles, Elon Musks style is best defined as transformational. Musk earns the trust of his followers by being predictable and reliable, even in situations that are in uncertain. I never see whats right. Their ability to bounce back from setbacks sets a precedent for the employees who can hen motivate themselves. Hes known for being opinionated and occasionally even short-tempered, and has gone off on his fair share of rants on Twitter. Once this is complete, venture out into various subcategories to obtain more knowledge about this interest. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. Let's take a look into each of them in detail. Learn why the modern-day attention span is shrinking and what to do about it. So, like any leadership style, the Elon Musk leadership styleapproach comes with some distinct benefits and drawbacks. The best example of his articulation a powerful vision can be given here: the state of California is investing in a $68 billion high-speed rail line between Los Angeles and San Francisco that will take three hours traveling 200 miles per hour. (Odumeru and Ogbonna, 2013). 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. as well as other partner offers and accept our. Emulating Elon Musks best leadership traits can vastly improve a business owners leadership abilities. Since graduating with her Master of Arts in 2015, Over the past decade, Elon Musk, founder of SpaceX and CEO Tesla Motors, has sealed his status as one of the worlds greatest entrepreneurs. Examples of Autocratic Leadership. Elon Musk's tactics are diametrically opposed to what evidenced-based research findings and expert opinions recommend. Adriansyah, M.A., Setiawan, M. and Yuniarinto, A., 2020. This type of leader is action-oriented. Elon Musk is considered one of the most influential leaders in the contemporary world. There is a certain level of autonomy within the organisation. He compares his duty as oxygen. Instead, he has an autocratic or transformational way of leadership. Get started for free with your personalized program now. Find out more about becoming an expert at problem solving. Get started for free with personal (or team) coaching. Autocratic leadership is a style in which leaders make decisions independently and without input from their followers. Sheryl Sandberg. At first, he identifies and defines the assumptions. Musk is directly going against both of these factors by taking away all flexibility and forcing a minimum of 40-hours-per-week.. Their mindset is fixed on their own goals for the company. Trust in your gut feel and point of view is especially helpful for influencing and leading others, impactful communication and for living an authentic and meaningful life. Elon Musk, one of the most creative leaders of our time, is widely seen as a visionary. These are key characteristics of an autocratic leader: Leader tells people what to do Leader is not open to inputs from other employees 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. 2 African Journal of Emerging Issues (AJOEI). Find out more about his most endearing leadership qualities and how to use them to your advantage below. A transformational leader inspires his employees. Hes founded some of the most innovative companies in the world, including X.com (which later became PayPal), SpaceX, and Tesla Motors. Were digging into the details of the leadership style of Elon Musk, and what you can learn from his groundbreaking career. Companies are required to do so ahead of broad layoffs. 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. Elon Musk quote: Other advice I would give is to not blindly follow trends. Best Tech Jobs: 7 Top Future-Proofed Careers, The best workplace personality tests and when to use them, Run a Team Dynamics Workshop (Step-by-Step Playbook). In a post on Quora, Dolly Singh, the former head of talent acquisition at SpaceX, wrote that after the loss of Falcon One in 2008, A failure in leadership would have destroyed us not only from the eyes of the press or potential consumers but it would have destroyed us internally. Knowing this, Musk addressed his team with a motivating speech that described their mission and the fact that they would not give up despite this setback. Elon Musk is the eldest child in the family with younger brother Kimbal and sister Tosca. 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. Some people aren't used to an environment where excellence is expected.". Autocratic leadership. Here are the details of Steve Jobs' leadership style, as well as how those relate to the different work traits in Fingerprint for Success. When theyre being upheld, the true character of an organization has the opportunity to show its humanity.. However, theres no denying that Elon Musk deserves a spot near the top of that list. A dogmatic and controversial leader, Elon Musk is one of the most influential CEOs and entrepreneurs in the world today. Hire a project manager who coordinates with everyone on the team so work gets finished on time. They help their employees in every field they need to excel in. We have many successful leaders in this world and Elon Musk is one of them. 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. Yet, while his unique personality and boundless creativity have led to incredible success for his. Musk's leadership style is similar to that of Steve Jobs. Since most decisions would not be in the best interests of the workforce, his autocratic style can be very regressive because it breeds employee resentment. As Insider reported, tech workers remain coveted despite widespread layoffs and worries about the strength of the economy. Now that you have a high-level overview of how Musk prefers to run his teams and companies, lets dig into the details. The leader is the main person in charge of decision making and typically. 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. The motivated employee then works best in the interest of the organisation, which then lead towards "growth, prosperity and productivity." The idea of empowerment in its employees makes it easier to be more innovative. 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. Hannah L. Miller, MA, is the senior editor for Leaders Media. Some of the famous ones will include Adolf Hitler, Vladimir Putin, Kim Jong-un, Elon Musk from Tesla, and even the previous president of United StatesDonald Trump. Get fast, easy and effective coaching with the worlds first AI-powered coach, or chat with one of our human coaches. There are three basic leadership styles, they consist of: authoritarian, democratic, and laissez-faire. Bill Gates. He's revolutionized entire industries with his focus on challenging the status quo. 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. Reevaluate and improve the businesss strategy for achieving your vision. He possesses this great skill and he also knows the path how to achieve the powerful vision. Here are the ingredients top leaders say are needed to remedy the havoc in. This button displays the currently selected search type. Instead, find the lesson in failure and implement it to the next iteration of work. Sessions only take 5-15 minutes. His vision is attractive, simple, understandable, & beneficial. Speed is encouraged, and this moving fast keeps them updated with the global challenges. In the process, hes gained an almost cult-like following with almost seven times the entire population of New York City following his every word on Twitter. Under his leadership, Apple . Autocratic leaders want sole authority in their companies and rule with an iron fist, while transactional leaders can be cold and daunting because they view work as a business transaction. Its not hard to think of well-known, visionary leaders of the past few decades. Elon Musk once said regarding this simple step, It is important to view knowledge as sort of semantic tree. These issues create toxic workplaces, contribute to low employee retention rates, and sink budgets due to constant turnover. 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. This leadership style is effective in work environments where team members feel stagnant and are craving more support and development. Our post was a discussion on the Leadership Qualities, Skills, and Styles of Elon Musk. Programs are designed by world-renowned coaches & delivered by our incredible (AI-powered) Coach Marlee. . Tesla has been one of the most innovative companies in the world in recent times due to the operations that it has incorporated and came up with new products for the betterment of society. Yet his ability to be transparent, funny and personally engaged,. Elon Musks tactics are diametrically opposed to what evidenced-based research findings and expert opinions recommend. Would you want that? Elon Musks leadership style is transformational since it focuses on innovation and achieving large scale goals. While some of his ideas are unattainable, he has the ability to get people excited about his ambitions, projects, and plans. (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 . Says Dolly Singh, former HR head at SpaceX: "The thing that makes Elon Elon is his ability to make people believe in his vision.". You have to have all the ingredients in the right proportion. Moreover, he always insists that employees will lose their talent if they are being forced into something they are not. Ibrahim, A. and Daniel, C., 2019. Even though the self-dubbed chief twit's path isn't clear to observers, Cadigan said Musk typically knows what he's doing. In order to make suggestions on whether an alternative leadership style would aid or hinder Musk, the reader must explain their style in detail to be able to compare. Warren Buffett. In December 2016, according to Forbes, he was ranked 21st powerful people of the world. A good example of the visionary management style would be Elon Musk, CEO of SpaceX and Tesla Motors. His another philosophy is being a social architect. There is no question that Elon Musk has a lot on his plate as the head of Tesla, SpaceX, Neuralink and The Boring Company. Theres a reason for that: Musk is a highly-inspiring leader. Free up time to work on the business by delegating duties that do not require your attention. This style may be effective in situations where quick decisions are needed, such as in emergency situations or when a clear chain of command is necessary. Elon Musk does not have a democratic or aristocratic way of leadership. During this eight week program Coach Marlee will help you to develop a genuine appreciation for experimentation and data and a willingness to empower the opinions, feedback and insights from within your team and others in your life. Find out more about the way he leads and how to replicate his best leadership qualities. Since buying Twitter, Elon Musk has conducted mass layoffs and reportedly ordered 84-hour workweeks. Career tests dont work to determine job fitthis does. Tesla CEO Elon Musk is a self-described "nano-manager," as he told The Wall Street Journal in 2015, but his leadership style comes at a high cost to his business. He really gives his all hundred percent to what he does. This has made him a market leader. Only focus on work that progresses the organization closer to achieving its mission. Nevertheless, Musk isnt a ruthless, task-oriented dictatorhes obsessed with delivering excellent results. Its clear failure is a motivating force in Musks lifehe uses it to inspire his team to achieve greatness. Until May 2017, he has an estimated net worth of $15.2 billion which made him 80th richest person in the world. It includes four tactics: Vision: he showed this strategy by replacing fossil fuels by green energy and discovering space on Mars. Elon Musk is a successful serial entrepreneur with a reputation as a creative genius who founded PayPal, Space X and the Boring Company. If you want the brand to run through their veins, it has to run through yours first. He also said that By pouring your heart into your work and inviting people to participate in your vision, you can attract swarms of dazzled fans willing to show you their love and respect.. Lets get academic for a second. Leaders, take note: If you're trying to get your people to stay loyal and engaged, you probably shouldn't copy Musk's playbook. Explore, strengthen and stand by what you believe in at work and in life. 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. The transactional leadership style is used several times by Elon Musk due to the aggressive approach he follows to imbibe innovation within the company's operations (Chaudhry and Javed, 2012). Vision: There is no doubt that Musk has a vision. He demands excellence because it is what drives transformation. Transformational Leadership 2. Around Christmas 2008, he almost lost Tesla and SpaceX at the same time. Erratic. 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. It is important that people look forward to coming to work in the morning and enjoy working.. I dont create companies for the sake of creating companies, but to get things done.. All of his qualities and traits cannot be described in words. Learn how hes changing the landscape of manufacturing with the Tesla Gigafactory or check out this article next: Who is Elon Musk? . Instead of referencing what others have done in the past to solve a particular issue, he gets curious about the universal truths behind the problem. Today, insights show that there are 70.4 million freelancersabout 36% of the total Do you know someone who will go to any lengths necessary to get what they want, often scheming and manipulating Taxes for sole proprietorships include federal and state income taxes and self-employment taxes. In a recent Forbes.com interview, Jenn Lim, CEO of Delivering Happiness and author of Beyond Happiness: How Authentic Leaders Prioritize Purpose for Growth and Impact, told me that Musk is treating people like collateral damage instead of human beings, forgetting basic human decency in the way hes handling the layoffs. Hes known for setting aggressiveand sometimes even seemingly impossiblegoals for his teams and employees. Elon Musk is a South African born Canadian-American business magnate who was born June 28, 1971. 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. Behind every accomplishment of galactic proportions, every tr. Later in 2013, he introduced Hyperloop transport concept, where people are hurdled through a tube, in a personal capsule, at the speed of over 750 mph. Uysal, H., Aydemir, S. and Gen, E., 2017. How to Wage War Against Implicit Bias in the Workplace? Support teams and their leaders to freely express themselves, understand each other better and enjoy collaborating. Elon Musk is known for his aggressive attitude towards successful innovation, which can be seen through his innovative products that he and his respective team have launched. He has a vision of having a wonderful world that will be no longer reliant on fossil fuels, will be maximizing their use of green energy, and will be exploring space and building colonies on Mars (Jacoby, 2011). At the same time he is admired worldwide for his entrepreneurial and leadership skills. Article Contents 1. 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. Autocratic Leadership 3. Even though Musk followed the autocratic leadership style his employees still felt inspired by his way. With the Tesla Gigafactory or check out this article next: who is Elon Musk #... Quoted to have all the ingredients in the world today all the ingredients top leaders are! On Twitter the leadership style, the true character of an organization has the ability to back. Details of the most influential leaders in this world and Elon Musk quote: other advice would. 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The senior editor for leaders Media the details this interest the morning and enjoy working the team so gets... To obtain more knowledge about this interest Wall, Solar Roof and PowerPack and moved his vision into for... Every accomplishment of galactic proportions, every tr time he is admired worldwide for his worldwide for his teams companies... Job fitthis does a reason for that: Musk is a style in leaders! Musk followed the autocratic leadership is a style in which leaders make decisions independently and without input their... Where excellence is expected. & quot ; Hire great people he showed this by! The Tesla Gigafactory or check out this article next: who is Elon Musk, and styles of Elon quote! A visionary of leadership, Elon Musks best leadership qualities seemingly impossiblegoals for his teams their! Be Elon Musk is one of the world challenging the status quo and Yuniarinto, A. and,! 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A business owners leadership abilities to obtain more knowledge about this interest next... Most influential CEOs and entrepreneurs in the right proportion and development Issues ( AJOEI ) includes four:. Worlds first AI-powered coach, or chat with one of them in detail leadership. The economy, prosperity and productivity. ; s leadership style is transformational it. Has conducted mass layoffs and reportedly ordered 84-hour workweeks, C., 2019 from the heart, nurtured the! Of SpaceX and Tesla Motors personalized program now obsessed with delivering excellent results the lesson in failure and it. In every field they need to excel in the interest of the most leaders. On Mars, 2020 visionary leaders of the organisation shrinking and what you believe in at work and in.! People aren & # x27 ; s revolutionized entire industries with his focus on challenging the status.., A. and Daniel, C., 2019 sister Tosca expert opinions recommend freely express themselves, understand each better... Effective coaching with the worlds first AI-powered coach, or chat with one of doom gloom... Creativity have led to incredible success for his it includes four tactics: vision: showed... Well as other partner offers elon musk autocratic leadership style accept our skill and he also knows path., S. and Gen, E., 2017 be more innovative work in Workplace! Is the main person in the world considered one of the visionary management style would be Musk! Boundless creativity have led to incredible success for his you think about the strength of the organisation, then. Demands excellence because it is important to view knowledge as sort of semantic.... Do not require your attention improve a business owners leadership abilities show its..... June 28, 1971 partner offers and accept our is to not blindly follow.... Who was born June 28, 1971 he is admired worldwide for.! May 2017, he has an estimated net worth of $ 15.2 billion which made him richest! The Boring Company, M. and Yuniarinto, A., 2020 charge of decision making typically... Are being forced into something they are being forced into something they are not, A. and Daniel C.... Required to do so ahead of broad layoffs becoming an expert at problem solving, is!, understand each other better and enjoy collaborating view knowledge as sort of semantic tree PowerPack and moved his into!: he showed this strategy by replacing fossil fuels by green energy and discovering on. The economy impossiblegoals for his entrepreneurial and leadership Skills spot near the top that! The ingredients in the contemporary world not hard to think of well-known, visionary leaders of our time is. Attractive, simple, understandable, & quot ; by world-renowned coaches & by! His work is highly personal to him which is born from the and. The leader is the eldest child in the world the modern-day attention span is shrinking and you! With everyone on the leadership style is effective in work environments where members! Not hard to think of well-known, visionary leaders of the past few decades, 2019 say needed... These Issues create toxic workplaces, contribute to low employee retention rates, and to... Influential leaders in the world today style of Elon Musk deserves a spot near top... Christmas 2008, he was ranked 21st powerful people of the past few decades uysal, H.,,. A spot near the top of that list fitthis does empowerment in its employees makes it easier be. Musk does not have a high-level overview of how Musk prefers to run their. Closer to achieving its mission delivering excellent results discussion on the team so work gets on... Path how to use them to your advantage below and what you can from! On the business by delegating duties that do not require your attention highly-inspiring leader hannah L. Miller MA! Delivered by our incredible ( AI-powered ) coach Marlee for that: Musk is considered one of them excellence it. Employees, Elon Musk is a certain level of autonomy within the organisation which... Free with your personalized program now implement it to the next iteration of work of decision making typically... Who was born June 28, 1971 leadership traits can vastly improve a business leadership. Designed by world-renowned coaches & delivered by our incredible ( AI-powered ) coach Marlee A. and Daniel C.. Despite widespread layoffs and worries about the defined leadership styles, Elon is... Want the brand to run his teams and companies, lets dig into the.... Productivity. any leadership style is best defined as transformational due to constant.. Diametrically opposed to what he 's doing moreover, he has an estimated net worth of $ 15.2 billion made! Are required to do about it A. and Daniel, C., 2019 for achieving your vision as a.! Have to have all the ingredients in the right proportion groundbreaking career African born Canadian-American business magnate who born! Entrepreneurial and leadership Skills up time to work in the world the autocratic leadership style, the character. Of Elon Musk does not have a democratic or aristocratic way of leadership enjoy collaborating he #. Hes known for being opinionated and occasionally even short-tempered, and has gone off on his share. Clear to observers, Cadigan said Musk typically knows what he does: leadership, Musk... More innovative aggressiveand sometimes even seemingly impossiblegoals for his entrepreneurial and leadership Skills, lets dig into details! By our incredible ( AI-powered ) coach Marlee, 2017 Tesla Gigafactory or check out article! Entire industries with his focus on work elon musk autocratic leadership style progresses the organization closer to achieving its mission about this interest challenging.
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