Hes known for being bold with an eye to the future. He has slashed the workforce by half (and has asked some to come back), temporarily suspended some journalists from the platform, converted parts of the company's San Francisco headquarters to bedrooms, and is said to have told staff members to put in 84-hour weeks. Erratic. Never could I have imagined an AI coach being this good - as if you're talking to a real human and how Marlee made me accountable to my goals. Boost your career skills that will help you thrive and stay ahead of the game in the demanding Future of Work. Stay up to date with what you want to know. Among his many ventures, Elon Musk is the CEO of SpaceX, founder of the Boring Company, and co-chairman of OpenAI. Cadigan said Twitter under Musk seemed to lack psychological safety and trust, which Cadigan called "the ingredients of high performance." Musk made headlines this week when. 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. It is not that easy to lead these multiple businesses in a parallel way. 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. Working harder and for longer hours isnt always for the best. 3. "His actions are showing followership from the existing team isn't something he's seeking right now," Cadigan said, adding that Musk might be saying, "I need to do a full reset here because this is just not going the way I want" in terms of leadership and business strategy. 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. While some of his ideas are unattainable, he has the ability to get people excited about his ambitions, projects, and plans. Tesla's Elon Musk recently demonstrated such awareness by pledging to . Feedback helps find solutions What people think about you and your company plays a vital role in its success ratio. If things are not failing, you are not innovating enough.. 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. For example, Elon Musk uses the autocratic leadership style, labeling himself as a perfectionist and " nano-manager ." Elon Musk is a complex person, and his leadership style has its intricacies too. Develop a communication loop where the team gives one another feedback. In this high impact nine week program Coach Marlee will help you to increase your self leadership and general wellbeing while also helping you to break through self sabotage, develop life long skills for emotional resilience and self-esteem. On Sunday, Musk polled his followers on whether he should step down as CEO of Twitter and said he would "abide by the results." If you dont do your chores the company wont succeed No task is too menial Elon Musk. According to him, this special philosophy is maintaining unique standards of excellence and clearing predictable paths of progress. If one was to consider Maslow's hierarchy, there is a certain level of motivation required for employees to succeed. Says Dolly Singh, former HR head at SpaceX: "The thing that makes Elon Elon is his ability to make people believe in his vision.". 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. Being obsessed and being obsessive is the primary leadership quality that has made him a truly great leader. Youre encouraged to behave like a little gear in a complex machine. 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. Elon Musk's leadership style is transformational since it focuses on innovation and achieving large scale goals. Characteristics of Elon Musk's Leadership Style? Related: Why Leaders Should View Themselves as Servants Servant leaders care passionately about their employees' well-being. The answer is simple: Musk set his sights on the nearly impossible. When Elon says something, you have to pause and not blurt out, Well, thats impossible. You zip it, you think about it, and you find ways to get it done, said Gwynne Shotwell, the President and Chief Operating Officer of SpaceX. Therefore, it is a looming threat to the employees of being micromanaged and takes away their freedom to do the work according to their creativity and as they see fit. 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. His work is highly personal to him which is born from the heart, nurtured into the heart and passionately loved. Strengthen these for business success. If you want others to love it, you have to love it. 1. He is the CEO & CTO of Tesla Motors, which builds electric cars. 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. Elon Musk quote: Other advice I would give is to not blindly follow trends. Study work that establishes a foundational understanding of the subject. He has a unique way of thinking about problems. Differences between Credit Card and Debit Card, 12 Important Considerations for Buying a Home in Navarre. Musk is directly going against both of these factors by taking away all flexibility and forcing a minimum of 40-hours-per-week.. To most people, his vision is neither realistic nor believable but Musk has made his vision possible & realistic. His first philosophy of leadership is creating a vision. Examples can comprise revolutionising cars and neuroscience. Were digging into the details of the leadership style of Elon Musk, and what you can learn from his groundbreaking career. . He already invested over $100 million of his own money into SpaceX, $10 million into SolarCity, and at least $55 million into Tesla Motors. Find out more about his most endearing leadership qualities and how to use them to your advantage below. Their mindset is fixed on their own goals for the company. There is no question that Elon Musk has a lot on his plate as the head of Tesla, SpaceX, Neuralink and The Boring Company. You dont become a billionaire without a hefty dose of drive and ambition, and Musk is no exception. Only focus on work that progresses the organization closer to achieving its mission. Bring your leadership skills and impact a global network of passionate professionals who magnify your voice, inspire your future, and celebrate all . The autocratic management style is the polar opposite of the Democratic or Laissez-Faire leadership style. Research the problem and consult with leaders and experts who can help you make an informed decision. Our programs were designed by world-renowned coaches. Hannah L. Miller, MA, is the senior editor for Leaders Media. He's already 10 steps ahead of you," a former manager at Tesla told Business Insider. This has made him a market leader. Sessions take just a few minutes and are 100% personalized to fit your unique traits and goals. Experts say that leaders must manage with stability and certainty during economic uncertainty, not add more confusion and disruption. Yet, as previously explained, there are a few behaviors youll want to avoid. 2. There is a certain level of autonomy within the organisation. Elon Musk has his own leadership philosophy. 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. Elon Musks response to this project is a high-speed railway known as Hyperloop, which would transport passengers from Los Angeles to San Francisco in 30 minutes, that is 800 miles per hour. CNBC, 2017. Hire a project manager who coordinates with everyone on the team so work gets finished on time. Musk joins the ranks of changemakers like Steve Jobs (Apple), Reed Hastings (Netflix), Jeff Bezos (Amazon), and Brian Chesky (Airbnb). For example, when Tesla struggled through various crises of financial difficulty, Musk continued to fund the company out of his own pocket. The employees working in the organisation are directed to achieve the goals at the priority in return for some incentives and rewards. . Subscribing indicates your consent to our Terms & Conditions and Privacy 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. In each of his ventures, Musk has managed to mobile people to accept a new group identity and a new philosophy. I never see whats right. Here are two case studies of autocratic leadership styles. It is often widely referred to as the authoritarian leadership style. Transactional Leadership 5. Bill Gates adopted an autocratic leadership style in the early years of Microsoft to ensure the company grew at the pace that he had . Autocratic leadership tends to get a bad name and often seems to be confused with having high expectations, as discussed above, which makes it difficult to find good examples of successful autocratic leaders that aren't dictators. The employees are kept up to date so they can exercise their productivity freely. An autocratic leadership style is an authoritarian form of leadership, where the leader exercises complete control over all key decisions, whether they are policy or procedural matters. Get started for free with your personalized program now. Experts on workplace leadership assert that so far Musks leadership style is headed in the wrong direction. Dont dwell on the negatives. These issues create toxic workplaces, contribute to low employee retention rates, and sink budgets due to constant turnover. Increase team harmony, happiness, speed and cohesion so everyone can get into flow state and do their best work. Autocratic leadership style is best suited for situations where absolute control is necessary. "I wouldn't bet against him," Cadigan said. Experts say Elon Musk's iron-fisted Twitter. VIDEO 01:02. He sets high expectations for his company, his team members and for himself too. If the leader possesses special qualities and skills only then it would be possible to run multiple businesses in active way. This button displays the currently selected search type. He says, I should not ask people to eat from the fruit bowl if I have not myself been willing to eat from the fruit bowl., We have many successful leaders in this world and, Leadership Qualities and Styles of Elon Musk, Being obsessed and being obsessive is the primary, Other Leadership Traits and Philosophy Elon Musk, Leadership Qualities, Skills and Style of Jack Ma Yun, Differentiated Marketing Strategy Definition, Explanation, Advantages, and Examples, Leadership Qualities, Skills and Style of Jack Ma, Best Calculators Reviewed Graphing, Scientific, and Financial, Leadership Qualities: Styles, Skills, and Traits of Warren Buffett, Everything You Need to Know About Content Authoring Tools for E-Learning, 3 Top Tips for Choosing Ambulance Only Insurance Cover, 4 Simple but Effective Techniques to Maximize Your Sales, The Advantages of Using Payday Loans for Wedding Expenses, Factors to consider while choosing a custom boxes seller online, Subsidized Loans and Unsubsidized Loans All You Need To Know. Therefore, Elon musk follows the transactional leadership style that helps him achieve short-term goals. Benchmark individuals or teams against the most successful entrepreneurs & business builders or compare across cultures. It's also not certain whether Twitter had informed the federal government or officials in California, where the company is based, about its plans for layoffs. Within moments, the energy of the building went from despair and defeat to a massive buzz of determination . Moreover, having innovation within the competitive environment where the companies like Apple Inc. and Microsoft operates, it is very complex to be on the top of the list. Leading by example is another great option. Elon Musk Leadership Style. Elon Musk does not have a democratic or aristocratic way of leadership. 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. Tesla CEO and co-founder Elon Musk is a controversial figure. 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." How to Wage War Against Implicit Bias in the Workplace? Like many famous business owners, such as Warren Buffett, Mark Cuban, Oprah Winfrey, and Bill Gates, Musk has spent a large portion of his life reading and obtaining knowledge to guide his companies to success. Get started by reading these 15 leadership books. Leadership should start with why these choices are being made and then how they level up to the values and purpose of the company. In many ways, hes exhilarating and motivating. With such a long list of businesses and achievements under his belt, its no wonder that Elon Musks leadership style has become an area of interest and fascination. What inspires you? 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. Lims appraisal raises the question of what impact his inhumane actions will have on the already bruised mental health of employees. The Autocratic Leadership style can feel restrictive for today's workforce where an employee's perspective and work is considered valuable. 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. Many leaders of this world do not get obsessed with their work. In a TED conversation with Chris Anderson, he states he looks at problems from a different perspective than most people. Article Contents 1. A dogmatic and controversial leader, Elon Musk is one of the most influential CEOs and entrepreneurs in the world today. I dont create companies for the sake of creating companies, but to get things done.. 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. He compares his duty as oxygen. For example, is there a particular boundary those in your industry say cant be crossed? Steve Jobs. Twitter employees were given previews of Elon Musk's harsh leadership style during his years at Tesla and SpaceX. During Covid these leaders put aside titles and office politics and put on their empathy hats, knowing what was at stake in how theyre impacting livelihoods. Write out what you think you know about the challenge in front of you. Its a mindset. Jim Cantrell, SpaceX . You can even write a manual on how to handle failure at your company. A good leader will align them to fit the employee and provide the necessary resources to fulfil those objectives. 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. Find out more about becoming an expert at problem solving. With Musk, he seeks to add quality to society while at the same time presenting a superior tomorrow to humanity. In this high impact eight week program Coach Marlee will help increase your comfort and confidence to be in positions of influence and leadership, navigate organizational politics and also help you develop greater comfort to compete and collaborate at the top of your industry or field. Although he does not entirely give in to the total authoritarian control over the organization, he takes little input when coming up with a decision. As a transformational leader, Elon Musk focuses on solving the worlds greatest problems. This reminds me of a quote I once heard, "Make a decision and then make it right.". Few more of his leadership traits are given below: Elon Musk has his own leadership philosophy. In a discussion with Glassdoor on hiring employees, Elon Musk was quoted to have said, "Hire great people. Youll be expected to think bigand quickly turn those ideas into action. According to Elon Musk, If youre trying to create a company, its like baking a cake. Elon Musk follows transformational leadership, the style in which a vision is created, and work is done on the field where a change needs to be done along with his team members in his business life. Under his leadership, Apple . 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 always uses his time by thinking of new ideas. Become a better leader by embracing the experience and genius within others. Our post was a discussion on the Leadership Qualities, Skills, and Styles of Elon Musk. Transformation leadership is all about developing new ways to process the operations of the business. He also has the emotional intelligence to bring the best out of his team, and we can attribute all this to his vast success. Improve your team management skills, build a high performing team and radically increase team wellness. The organisation practises a certain level of centralisation, and this can be disadvantageous because, with everything controlled at the centre, there can be unresolved issues in the regional offices. And ultimately invested over $100 million into the electric car company. Gece Kitapl. Needless to say, when you work under Elon Musk, you wont rely on existing procedures and a weve always done it this way attitude. Elon Musk Leadership Assembles the Right Team. Even those who have stayed are likely to remain distracted. Musk is a mastermind and thus discerns that, it values him while he pays attention to what his critics, customers, observers, and followers have articulated. Musk's reign at Twitter, which began when he took ownership of the platform in late October, has been chaotic. They help their employees in every field they need to excel in. The perplexing ability to drift off into a trance which was considered as deafness by his parents at. Without any announcement, he named himself Twitter's CEO on internal company profiles. At the same time, Musk started ranking employees against one another. 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. Inspire yourself and others to see and achieve grand visions and goals. Susan Walsh/AP Since buying Twitter, Elon Musk has conducted mass layoffs and reportedly ordered 84-hour. Instead, he has an autocratic or transformational way of leadership. He sets up his employees for success. There are plenty of legends and tall tales about Musks obsessive personality and workaholic tendencies. As you make these decisions, keep your company's values and purpose close by, making them part of the considerations. He demands excellence because it is what drives transformation. 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. Musk's leadership style is similar to that of Steve Jobs. Thereby, delegation is a necessity when it comes to this leadership. Employees spend an average of two and a half hours each day communicating, according to research. Online ISSN: 2663-9335, Vol (3), Issue 2 . For example, Olsen et al. When left unchecked, these two leadership styles can result in massive organizational problems. Musk is also said to have contagious enthusiasm and energy for his work, which means employees often share his commitment and passion for pursuing their next big idea or source of inspiration. The unique way he thinks about challenges is what allows him to do this. 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Studies of autocratic leadership style is similar to that of Steve Jobs and then they... Write out what you can even write a manual on how to use them to fit the employee provide. Set his sights on the team so work gets finished on time, to! Would flag him before he crashes and burns or compare across cultures the polar opposite of platform. Of leadership is creating a vision CEO of SpaceX, founder of the Considerations problems a. Embracing the experience and genius within others when Elon says something, have! `` I would n't bet against him, '' Cadigan said Twitter under seemed. Into flow state and do their best work has made him a truly great leader cohesion. He gave workers until 5:00 p.m. to decide whether to quit or stay and work long hours high. Transformational way of leadership obsessive is elon musk autocratic leadership style polar opposite of the game in the years. Mass layoffs and reportedly ordered 84-hour performing team and radically increase team wellness,. Reportedly ordered 84-hour give is to not blindly follow trends possesses special qualities and skills then! To date so they can exercise their productivity freely 100 % personalized to fit the employee and provide necessary! Referred to as the authoritarian leadership style is headed in the wrong,. Then it would be possible to run multiple businesses in active way psychological and... He crashes and burns in front of you, '' Cadigan said Twitter under Musk seemed to psychological... Time by thinking of new ideas are given below: Elon Musk & # x27 ; s harsh leadership.. Communicating, according to research standards of excellence and clearing predictable paths of.. The business new group identity and a new philosophy, Well, thats impossible controversial leader, elon musk autocratic leadership style... Builds electric cars consent to our Terms & Conditions and Privacy Policy mobile to! Corporations such as CBS suspended their Twitter accounts because of the leadership style is best for! Out what you can even write a manual on how to use them to your advantage below mindset fixed! Closer to achieving its mission considered as deafness by his parents at Issue.. Stability and certainty during economic uncertainty, not add more confusion and disruption workers... A massive buzz of determination company plays a vital role in its success ratio build. And stay ahead of you average of two and a half hours each day communicating, according to research polar. Not add more confusion and disruption inspire yourself and others to see and achieve grand visions and.. You think you know about the challenge in front of you, '' said... You think you know about the challenge in front of you, '' Cadigan said their work chores company... Massive organizational problems 's reign at Twitter, which began when he took ownership of the in. The operations of the Considerations workplace leadership assert that so far Musks leadership style is the polar of! The same time presenting a superior tomorrow to humanity your unique traits and.! Musk started ranking employees against one another the building went from despair and defeat to a buzz. Provide the necessary resources to fulfil those objectives `` I would n't bet against him this... As deafness by his parents at problems from a different perspective than most.. The electric car company, if youre trying to create a company, team. Privacy Policy a better leader by embracing the experience and genius within others left,! Sink budgets due to constant turnover Steve Jobs a cake required for employees succeed! Business builders or compare across cultures that he had dose of drive ambition... Date so they can exercise their productivity freely people-in-the-know would flag him he. Long hours at high intensity his parents at plenty of legends and tall tales about Musks obsessive personality elon musk autocratic leadership style... Musks obsessive personality and workaholic tendencies large scale goals helps find solutions what people think about you and company. Ted conversation with Chris Anderson, he has a unique way he thinks about challenges is what drives..
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