. (Uysal, Aydemir and Gen, 2017) This can be seen by Tesla and its management as they provide the technological advances to equip their employee with the best. Thanks so much Marlee, I miss you already", I found the importance of setting goals. Elon Musk is skilled at problem-solving issues that arise on the completion of any tasks. An autocratic leadership has one person in charge, the authoritarian, who collects little to no input from team members. Failure is an option here, hes quoted as saying. 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. .. 1. 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. Develop a work culture that encourages work-life balance. He really gives his all hundred percent to what he does. In total, there are seven different ones: democratic leadership, autocratic leadership, transformational leadership, transactional leadership, laissez-faire leadership, charismatic leadership, and servant leadership. 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. You can even write a manual on how to handle failure at your company. . 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. For example, when Tesla struggled through various crises of financial difficulty, Musk continued to fund the company out of his own pocket. Transformation leadership is all about developing new ways to process the operations of the business. When discussing his childhood, Elon Musk tells Rolling Stone, I was raised by books. 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. A good leader will align them to fit the employee and provide the necessary resources to fulfil those objectives. 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. For example, Elon Musk uses the autocratic leadership style, labeling himself as a perfectionist and " nano-manager ." Needless to say, when you work under Elon Musk, you wont rely on existing procedures and a weve always done it this way attitude. Reverse engineer the outcomes of your potential solutions to make the best choice. He is totally obsessed with his duty. What do you love about the future? 1st ed. Articulating a powerful vision is one of his leadership skill that also made him a successful leader. Make sure you understand the fundamental principles, i.e., the trunk and big branches before you get into the leaves/details or there is nothing for them to hang on to. Finally, once he identifies and breaks down the problems or assumptions, he begins to create new innovative solutions from scratch. Vision: There is no doubt that Musk has a vision. 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. Elon Musk's leadership style is about constantly learning, breaking through barriers, and developing new ways to solve problems. 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). Thereby, delegation is a necessity when it comes to this leadership. [Online] Yourbusiness.azcentral.com. 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. If things are not failing, you are not innovating enough., One of his leadership style that attracts more is he always say Lead by Example. Tesla's Elon Musk recently demonstrated such awareness by pledging to . Elon Musk has his own leadership philosophy. So, from the discussion above, it is clearly stated that how Elon Musk is so passionate for his work. Elon Musk's leadership style at Twitter isn't something to emulate, HR pros say. 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. Musk's leadership behaviors coincide with each of Bennis and Nanus' four strategies typically used by transformational leaders (1985, in Northouse, 2013). When you think about the defined leadership styles, Elon Musk's style is best defined as transformational. With Musk, he seeks to add quality to society while at the same time presenting a superior tomorrow to humanity. Bring your leadership skills and impact a global network of passionate professionals who magnify your voice, inspire your future, and celebrate all . Behind every accomplishment of galactic proportions, every tr. Elon Musk, (born June 28, 1971, Pretoria, South Africa), South African-born American entrepreneur who cofounded the electronic-payment firm PayPal and formed SpaceX, maker of launch vehicles and spacecraft. Super awesome experience that you definitely got to try!, What an awesome way to get better at collaborating with my teammates! Quickly assess and identify the ideal candidates for your team based on job-fit and team culture when hiring talent. Their ability to bounce back from setbacks sets a precedent for the employees who can hen motivate themselves. Hire a project manager who coordinates with everyone on the team so work gets finished on time. Establish an action plan and monitor the success of your resolution. His first philosophy of leadership is creating a vision. Experts say that leaders must manage with stability and certainty during economic uncertainty, not add more confusion and disruption. 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. The Influence of Transactional Leadership Style and Work Culture on Work Performance Mediated by Work Motivation. 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. For example, the Tesla management style is centered around meeting company goals. 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. The employees working in the organisation are directed to achieve the goals at the priority in return for some incentives and rewards. If a motorist were driving the wrong way on a one-way street, pedestrians would flag him down. In a TED conversation with Chris Anderson, he states he looks at problems from a different perspective than most people. He is the founder of Tesla Motors. Steve Black at Topia points out that this is a dangerous path for other companies to follow. Elon Musk's leadership style is a mix of challenges, growth, vision innovation, and more. For example, if you want to learn more about leadership, start with a book on. As a transformational leader, Elon Musk, of Tesla Motors, demonstrates " incredible vision, dedication, and perseverance " as he strives to actualize his vision. If you have a skill or interest youre passionate about, starting a podcast isnt a bad idea. Yet he is getting massive profits from his projects. Prepare employees for failure by teaching them how to recover when it happens. Increase your comfort and use of abstract and strategic thinking to gain a broader perspective for yourself and your team. 3. Online ISSN: 2663-9335, Vol (3), Issue 2 . The idea of empowerment in its employees makes it easier to be more innovative. At the same time, Musk started ranking employees against one another. This has made him a market leader. The answer is simple: Musk set his sights on the nearly impossible. 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. "You have to think 10 times more audacious than he does to be able to be successful.". Of nearly 18 million respondents, 58% said yes, he should leave the position. 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. The Tesla CEO and the founder of SpaceX are creative examples of autocratic leadership. . 1. There are three basic leadership styles, they consist of: authoritarian, democratic, and laissez-faire. He is an autocratic who doesn't ask for suggestions. Keywords: Leadership, Elon Musk, United States LEADERSHIP . It can be evaluated ) that the transformational leadership and Suppose one were to explore the idea of a transformational leader further. 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. Effective leadership begins with identifying your strengths and then using the unique advantages of your style of leadership to drive growth within your organization. Why do you want to live? He sets up his employees for success. Musk used both the leadership styles that include the transformational and transactional styles (Odumeru, and Ogbonna, 2013. Question and challenge the status quo. To most people, his vision is neither realistic nor believable but Musk has made his vision possible & realistic. VIDEO 01:02. From his inspirational TED talks, he quoted that As a leader, you teach others how to treat your brand by how you treat your brand. Tesla's mission is sustainability in the future, and hence its requirements are different from other organisations. Risk mitigation is essential here as they increase productivity. Boil things down to their fundamental truths and reason up from there . 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. 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. . (CNBC, 2017), There is also a sense of resilience in this organisation that he faces. Participative Leadership 4. He has an uncanny ability to think of solutions. Earning trust during the work is another philosophy of Musk. Understand clashing communication preferences and pinpoint potential friction areas in your team to help resolve conflict fast. Whether its establishing a colony on Mars or eliminating traffic in major cities by creating underground hyperloops that travel at 600 miles per hour, he leads in a way that questions what humans are capable of achieving. If its an assumption, get curious about why people formed this opinion. Hes known for being bold with an eye to the future. I always see whatswrong. His methods are applied by young businessmen who are eager to . . 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). Autocratic leadership is a style in which leaders make decisions independently and without input from their followers. Develop step back mastery for increased self-awareness and tools to become a better leader. Subscribing indicates your consent to our Terms & Conditions and Privacy Policy. He has big ideas and wants to unite his team around his (sometimes outrageous) vision and objectives. Is this really true, or is it just something people think cant be done? Elon Musk is a South African born Canadian-American business magnate who was born June 28, 1971. He compares his duty as oxygen. A focus on goals is especially helpful for inspiring others, impactful communication, maintaining focus over time, and aligning teams with clarity and purpose. 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. Team around his ( sometimes outrageous ) vision and objectives of Musk the defined styles. People, his vision is neither realistic nor believable but Musk has a vision leadership has person... 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