[3] It could be a good exercise to think of ways you can distill these traits as usable leadership skills. ChatGPT vs. Bard: A Modern Day David and Goliath Story. He then takes each answer to the question and attempts to flesh it out in the best possible way. A railroad. The Musk way. All rights reserved. What would differentiate you from your competitors? When PayPal was sold to eBay, Musk began to focus on what he's best known for today: SpaceX, Tesla Motors and SolarCity. He has used his skills to aid in the design of electric cars and even spaceships. Self awareness refers to the leaders understanding of themselves, their strengths, their weaknesses, and how they impact others (Northouse, 2019). Elon Musk possesses the ability to think at the system level of design. That 100% meant enough to him that he put himself in a possibly awkward situation, speaking with his professor, and having the hard conversation that many people shy away from. Musk is obviously intense. Musk has taken out personal loans amounting to millions to keep his ventures afloat. Why? Think of your own work-life and the way you go about your day-to-day tasks. Now look at Tesla: it's a booming giant that's changing the automotive world. It also motivates him to start new companies, even if they initially need to work out. And Musk quickly became one of my personal heroes. Things could get nasty.". 3. All of his qualities and traits cannot be described in words. But he wouldn't take no for an answer. His other ventures include Hyperloop (his design for a high-speed transportation system that would drastically reduce travel times) and OpenAI (a non-for-profit research company dedicated to artificial intelligence). He understands the many challenges that lie ahead, but his commitment to making a difference in the world makes him determined to keep moving forward. They push people out, spiral out of control, or end up underperforming dramatically. Musk has described his estranged father Errol as "evil.". Great post! entrepreneur.com/article/279971. We live in a highly distracting world. Someone who has reached goals youre still working on can give you real-life, actionable tips to becoming a better leader. Musk is not content with doing what everyone else is doing; he seeks solutions for important, large-scale issues that will change the way we live. Adib Ibne Yousuf Follow The Harvard Business Review article, Like It or Not, You Are Always Leading by Example explains that all serious leaders recognize that their example has a continuous impact on their company. 1. He wasn't distracted by other, tedious tasks. Musk, as a leader, has the capability to create balance between who he is, the vision he has created for the world, and acknowledging the importance of the strength of his team (Cole, 2021). We can also absentmindedly rattle off a stream of adjectives that describe him: innovator, leader, genius, visionary, futurist, entrepreneur. When you lead like Musk, youre always pushing for something greater: We believe everyone could stand to be a little fearless and a little more curious when leading their teams to greatness. This article is published by the editors of Leaderonomics.com with the consent of the guest author. The Bad: While SpaceX was in full startup mode, Elon's first son, Nevada, was born. As a student of leadership, I can see three key requirements for anyone considering - or being considered for - this role right now: 1. Musk, as a leader, has the capability to create balance between who he is, the vision he has created for the world, and acknowledging the importance of the strength of his team (Cole, 2021). Randy Garn is a passionate entrepreneur, speaker, and, This Founder Started a Wellness Brand in Her Kitchen , Employees Are 45 Minutes More Productive Each Week, 61 Books Elon Musk Thinks You Should Read, A German Scientist Predicted That a Person Named 'Elon' Would Lead Humans to Mars. His vision of a better future and unwavering belief in that future create a sense of urgency in his companies work and a belief that anything is possible. Creates a culture of innovation. Los Angeles: Sage Publications. Here's how to do the latter, like a boss. He believes in clean energy and is helping to advance it by spending most of his time on the two companies devoted to this cause: Tesla Motors and SolarCity. . Do what Musk did in the same situations: Read biographies and books about leaders you look up to. However, Musk does it in a healthy, constructive way. And it can be a force for good for example providing data and advice during the COVID-19 pandemic or helping to highlight the failings of politicians or the media even with the unpleasantness and abuse that seem to be an unavoidable part of tweeting. 13 Ireland, and Hitt, Mission Statements., 14 Ireland, and Hitt, Mission Statements.. I'll talk about them here. Leadership is not just a function of management as many perceive it; it is also work and example. Throughout his childhood, Musk was repeatedly bullied by many of his classmates, once even to the point where he had to be rushed to the hospital. Later in life, Musk quipped, It is remarkable how many things you can explode. Musk paid US$44 billion to buy it, perhaps twice what it was worth. As a young man, Musk discovered that he was keenly interested in a few fields that he thought would have an impact on the world: the internet; sustainable energy; space exploration, in particular the permanent extension of life beyond Earth; artificial intelligence; and reprogramming the human genetic code.. The fast-talking 'Suits' attorney has a lot to say about what it takes to succeed in business and life. Elon Musk, one of the most creative leaders of our time, is widely seen as a visionary. To understand his strategic direction to build huge companies . Co-founder, PayPal. Vision: There is no doubt that Musk has a vision. For leadership profiles of other famous business leaders, including Steve Jobs, Oprah Winfrey, and Warren Buffett, check out our Business Leadership Profiles section. Many people would consider Musk to be the most innovative entrepreneur of our time. He also had a hand in conceptualizing and financing SolarCity, which is now the second largest solar power systems provider in the United States. As of October 2016, his estimated net worth is US$11.5 billion. Has potential to influence by contributing something to the world that improves it in a new and different way and creates a social impact. Elon Musk's leadership style is awe-inspiring - most of the time. Through his unique life circumstances, Musk has developed the important leadership qualities of being (1) a proactive learner, (2) a hard worker, (3) a bold visionary, and (4) an unwavering optimist, which still influence his success today. Top editors give you the stories you want delivered right to your inbox each weekday. They had six children together: all sons. Tesla balance. Musk is a perfect case study for someone whose work ethic is fueled by his passion. When Musk is brave with his decisions, his team is empowered with the same courage. Visiting Professor of Management Practice, Bayes Business School, City, University of London. While he has garnered enormous respect due to his transformational leadership, he still exhibits autocratic leadership traits. Musks childhood problem with bullies played a large role in developing his optimistic tendencies. Is New Business Creation Still Setting Records? Another factor that helps Musk get into and remain in the flow state has to do with the quality of work he's doing. His speeches are marked with . 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 and building colonies on Mars (Jacoby, 2011). And SolarCity specialises in powering homes, businesses and eventually cities with solar power.Through the many successes and many more failures of these companies, we are able to see the traits that make Musk such a good leader. Indeed, many prominent advertisers left the site apparently in response to Musks chaotic decision making. Over the years, he has been compared to the likes of Steve Jobs and Henry Ford, and even Iron Man, with actor Robert Downey Jr allegedly modelling his portrayal of Tony Stark off of the SpaceX and Tesla CEO. It also sets a good example for others to follow. What Might That Mean For The Economy? Musk is a perfect case study for someone whose work ethic is fueled by his passion. 4296: 7379, September 17, 2012, 74. http://web.a.ebscohost.com.erl.lib.byu.edu/ehost/detail/ detail?vid=0&sid=df621e06-0389-45e2-b57a-8dd06f53bd48%40sessionmgr4006&bdata=Jn NpdGU9ZWhvc3QtbGl2ZSZzY29wZT1zaXRl#AN=79961724&db=buh. On Teslas blog, Musk gave his rebuttal to the public, For consumers concerned about fire risk, there should be absolutely zero doubt that it is safer to power a car with a battery than a large tank of highly flammable liquid.15 How Elon Musk and Tim Cook Will be Remembered in Business History. 35, no. Opinions expressed are those of the author. One employee said "If Elon was not happy, you knew it. And the commitment to bettering ones self in conjunction with honing leadership skills, and embracing a mission we put ourselves in a position to be great leaders. Bhd. This flow state is only achieved when the person can perform undistracted by other, less-significant tasks. (2021). World-renowned psychologist Shawn Achor asserts in his book The Happiness Advantage that happiness and positivity are key drivers of success and productivity.17 Figure 2 illustrates how, after extensive mathematical modeling, psychologist and business consultant Marcial Losada determined that 2.9013 is the ratio of positive-to-negative interactions necessary to make a corporate team successful. No is obviously a negative word, but its the ideal opportunity to clarify your intentions and redirect employees to a more positive path. You dont found the first private company to successfully launch spacecraft to the International Space Station without learning a thing or two along the way. The values that our award is based upon are as follows: Entrepreneurial Spirit Passion for Innovation Positive Energy Strategic Direction Personal Integrity/Influence Entrepreneurial Spirit We define entrepreneurial spirit as the following: 2.1.3.1 Visionary Leadership Elon Musk is an example of the visionary leader. Learn More Every Day with This 2023 CES-Honored Knowledge App. I believe Musk's exceptional ability to healthfully maintain his intensity comes because of his flow state mindset, his passion for his work, and his absolute focus. So the new CEO will need to be confident, perhaps even arrogant, and ready to stand their ground. Unwilling to support apartheid through military service, Musk moved from South Africa to the United States (Cole, 2021). Here is how we would define a leader with a passion for innovation. Musk has responded that hell step down when he finds someone foolish enough to take over as CEO, saying he will run the software and server teams instead. You may opt-out by. This mindset helps him stay motivated and excited about what is next. Tesla Motors is a maker of electric cars. Musk has remained true to his vision for the future throughout his career. Now She Partners With Target and Uses Her Platform to Combat Medical Racism in the U.S. You Need to Ask Yourself This One Key Question, Mark Cuban's Grocery Store Hack Will Help You Score Cheaper Produce, 5 Types of Toxic Employees and How to Deal With Them (Infographic), Walmart Leaked Memo Warns Against Employees Sharing Corporate Information With ChatGPT, 5 Harvey Specter Quotes to Inspire Your Inner Baller. Another factor that helps Musk get into and remain in the flow state has to do with the quality of work he's doing. Jun 21, 2022 Their first child was lost to Sudden Infant Death Syndrome (SIDS) (Cole, 2021), which was the second notable critical life event. In his teen years, Musk spent a significant amount of time pouring over religious and philosophical texts. Now many of you will read this and think: Why? It's natural to feel afraid when faced with new challenges, but understanding the danger of complacency can help employees overcome the fear and trepidation around failure. https://online.hbs.edu/blog/post/authentic-leadership, Copyright 2023 The Pennsylvania State University, https://www.biography.com/business-figure/elon-musk, https://psu.instructure.com/courses/2137573/modules/items/32271438, https://online.hbs.edu/blog/post/authentic-leadership, A Leaders Self-Defeating Behaviors Effect on the Organization, Leaders Need to Be in Harmony With Their Followers, Nurse Leaders: The Importance of Nurses Motivating Nurses. Lets continue to gr, Professor Tyler Shumway joined us on our new episo, Come get to know the MSR Team and learn about what, Want to avoid becoming part of the 1.1 TRILLION do, Hello! Superheroes emulate him. While the post was prestigious and offered the benefits of extreme power at the highest level, recognizing that the job no longer aligned with Musks mission for sustainability and care for the environment meant that it was diametrically opposed to his objectives. Fowler explains, I know that Im not just having an impact on my son, Im potentially having an impact on my sons best friends mother.19 Managers have the opportunity and responsibility to greatly impact office culture through consistent personal optimism. (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. Bill Gates. 1. He didn't think about anything else. Musk is a natural leader who cares about his employees. He wants to die on Mars. Elon was not born into success, not was he born in the spotlight he has acquired for himself today, but instead he spent years expanding and building his interpersonal, intrapersonal, and developmental capabilities so that he could be in the position of leadership and futuristic drive. He is the CEO and CTO of SPACEX, CEO of tesla motors, and chairman of solar-city. Their first son, Nevada Alexander Musk, died at the age of 10 weeks. Musk supervises the creation, engineering and layout of the products of the company. You have two choices in life - to see the world as a pessimist, or . The initial question is always small, then the answers grow progressively bigger. Leadership: Theory and Practice. 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.". Empowering Trust Humility Visionary Delegation Innovative Positive Inquisitive Problem Solving Initiative for action Nuturing & Empathetic Active listening Patience Gratitude Strategic & Focussed Decision making Resilience Comittment Good communication Influence Transparency Respect Disclaimer: The opinions expressed on this website are those of the writers or the people they quoted and not necessarily those of Leaderonomics. Stefan Stern does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. Write an article and join a growing community of more than 160,400 academics and researchers from 4,572 institutions. Otherwise, its not.16 For Musk, the only viable option was to hold on firmly to hope. His passion for his work is so intense that it fuels late-night shifts, motivates 80-hour work weeks, and, as we talked about in the last section, sleeping under his desk. Big ideas always come from small thinking. Entrepreneur and its related marks are registered trademarks of Entrepreneur Media Inc. Throughout his career, he has made decisions and moves that align with this vision and help take him closer to achieving them. If we can overcome the initial fear of being told "no" and understand that no truly means nothing, we'll be better for it. If we can overcome the initial fear of being told "no" and understand that no truly means nothing, we'll be better for it. His interpersonal qualities hold a lot of weight in Musks life as he is very active with new startup companies such as cryptocurrencies, Twitter, his appearance on SNL, and overall presence in news and tabloids connecting him to his followers. 8 Simon Sinek. Pennsylvania State University World Campus. Tesla CEO Elon Musk, who's originally from South Africa, has perfected the art of remaining focused. For some time now, I've been assessing Musk and have outlined five different reasons that explain why he's found such success. SpaceX almost went bankrupt. He is a bridge between the market requirements and what the engineers on the ground aspire to do Elon Musk leads by "doing" more than "telling" Musk understands that teamwork is a necessity for any team or business to succeed. His electric supercars seat seven. Elon Musk is most known for founding Tesla, a company that builds electric cars with high demand and high prices, and SpaceX. Elon Musk is a honest person/executive, the world we live has a great lack of honesty. Nominate him or her for our award by visiting here. How often are you distracted? I dont believe that to be the case with Musk. Musk summarizes his emotional response to being bullied as a child, If you get up in the morning and think the future is going to be better, it is a bright day. Introduction. Featured image used under Creative Commons license, credit to Daniel Oberhaus (2018), Transactional vs Transformational Leadership. Read our privacy policy for more information. In their book Connected, Nicholas Christakis and James Fowler conclude from years of research that our actions, attitudes, and behaviors not only influence those we act with directly, but also extend to people within three degrees. It certainly wouldn't be that way without Mr. Musk's unblinking focus at the forefront. Elon Musk Leadership Assembles the Right Team. He has borrowed huge sums and sold large tranches of Tesla stock to help fund the acquisition. Lifelong learning is a key component of Musks leadership style. Twitter is a resounding practical success. Stay laser focused and don't procrastinate. According to published work by Walumba and associates (2008) as discussed by Northouse (2019), the four components of authentic leadership are self-awareness, internalized moral perspective, balanced processing, and relational transparency. Its been a tumultuous year for Twitter and Musk. 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.. Relinquish CEO duties to a qualified candidate Accept an alternative leadership role that aligns with the expertise and time availability Restructure Tesla's board of directors without conflicts of interest or dependencies By Andrew Fayad, CEO of ELM Learning, a creative agency focused on designing custom multimedia and digital learning experiences. Employees, colleagues, customers, and investors should feel energized being around a leader. We can rattle off Elon Musk's accomplishments in our sleep: co-founder of monetary giant PayPal; founder of Tesla Motors, the electric car company that is changing the world; and founder of Space X, which is focused on space exploration and space travel, and has even sent NASA to the International Space Station on his spacecraft. Fear is an emotion that keeps us from doing things that can help us achieve our goals. Adib Ibne Yousuf, MBA student of BUP. After lengthy development of a new model of his all-electric Tesla car, the vehicle burst into flames during a test run. Elon Musk is an American businessman. At age 15, Musk embarked on his trek to the land of opportunity with two small caveats: (1) he would have little money, and(2) he would have no home. His contributions in the fields of aerospace and sustainable energy (among others!) Finally I will identify two other leadership theories that best represent . His solar company is cash-flow positive. Leaders must be committed to doing the work necessary for the companys success before they will be able to get others to commit. PSYCH 485 | Lesson 12: Authentic Leadership https://psu.instructure.com/courses/2137573/modules/items/32271438. Now look at Tesla: it's a booming giant that's changing the automotive world. You can save thousands of dollars, for a limited time. As a child, Musk became interested in computer programming and taught himself to code. Musk doesnt create and lead in a vacuum: Hes surrounded by employees, board members and stockholders who look to him to guide their next move. After Ashley Vances book, this is the best piece of writing out there on the man behind Space X and Tesla. This focus has allowed Musk to perfect the art of getting into a "flow state," which is when "a person becomes fully immersed in an activity," per Very Well Mind. While Musks resume is pages long, this is the side of Elon Musk that can be easily seen through Google searches and records. After arriving in Canada, Musk managed to make his way traveling between distant relatives he had never met, performing odd jobs, and working on local farms. You see, the 2% that separated Muskfrom his current score and perfection sounded to him like a giant "no." Errol shot and killed . Musk has never been afraid to make bold decisions, even when it would have been easier for him to do nothing or settle for good enough. After a slow start (businesses considered the Internet and online advertising merely a fad), Zip2 took off and after 4 years, and the Musk brothers sold the company to Compaq. This mightbe a little bit more difficult to do, but I think it's possible. 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. And Tesla Motors has remained unprofitable for more than a decade.But thanks to his unwavering belief in the long-term importance of these projects, investors and the general public have remained supportive. His vision is so strong and compelling that he inspires other like-minded capable individuals to join his companies and work towards those goals. The truth is, if we are passionate - or find passion - in the work we're doing, work stops feeling like work. Rational transparency is about ones ability to express their true self to others, regardless of whether the aspects of themselves are positive or negative (Northouse, 2019). In the modern capitalistic world where the top executives stay away from places like factories. As a teenager, the self-denoted low point of Musks manual labor career involved donning a hazmat suit to clean boilers at a lumber mill by shoveling steaming goop from the inside of a tunnel. For some time now, I've been assessing Musk and have outlined five different reasons that explain why he's so successful. To learn more about the leadership workshops and keynotes I conduct at events and corporations around the globe, click here: https://jamieturner.live/To down. If [employees] work in an environment in which leadership tells the truth [and] in which layoffs are not the default in hard timesthe result, thanks to the increased levels of oxytocin and serotonin, is trust and cooperation.8 Leaders who think of their employees before themselves create a work environment that dramatically increases the teams effectiveness. Furthermore, Losada discovered that although teams just above the Losada Line arent hindered by negativity, teams that manage to reach a ratio of six-to-one positiveto-negative comments yield peak levels of performance.18. And this leads us to a major task for any future Twitter CEO and perhaps the heart of the problem with Twitter. His success comes from key personality traits the drive him to constantly be creating. Creates and turns vision into business realities. But is it really a commercial proposition? In fact, there was a time during Tesla inc's infancy when Musk would sleep under his desk and work 75-hour weeks until a specific problem was solved and his goals were accomplished. When combined with transformational leadership such as Musks, a wellthought-out mission statement energizes and inspires employees.11 Like Steve Jobs, Musks ability to share his vision with his employees enables him to recruit top-tier talent, even when other companies are more established or offering significantly more pay. By any measure, Elon Musk is exceptionally successful. He may rethink stepping down, or even appoint someone only to sack them. Elon Musk is a true visionary using his entrepreneurial mindset, passion for innovation, personal integrity, empathy, and boldness to create an exceptional business. The leadership style directly affects Tesla. Using his own money from the sale of Paypal, Musk started SpaceX, a company dedicated to lowering the costs of space travel. April 21, 2017. accessed November 23, 2017. https://hbr.org/2016/10/like-it-or-notyou-are-always-leading-by-example?referral=03758&cm_vc=rr_item_page.top_right. It is not a platform like Facebook or Instagram that can deliver billions of users to potential advertisers. We can also absentmindedly rattle off a stream of adjectives that describe him and his leadership qualities: innovator, leader, genius, visionary, futurist, entrepreneur. Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.Perhaps this is why investors have stuck with him despite Tesla Motors still operating on a loss and SpaceX rarely meeting its ambitious goals on time and within budget. . The ability to face facts. He wasn't distracted by other, tedious tasks. Im lucky I have all my fingers.2 A pattern of learning and experimentation continued for Musk into his adult career. First, according to the theory of authentic leadership, Musk had to exhibit positive psychological capacities and moral reasoning, and had to experience a critical event, in order to develop into an authentic leader (Northouse, 2019). The social media platforms current position leads on to a third requirement for the new leader: imagination. An electric railroad. Big ideas always come from small thinking. Whether it was Paypal where he championed the idea of an online banking institution, or SpaceX which has become the first private company to successfully launch a rocket and dock at the International Space Station, or SolarCity which promotes the use of solar energy as a sustainable energy source, Musk is disrupting large industries by setting a new standard. 1 Introductory Paragraph 1.1 In this essay I will discuss a well-known contemporary person that is in a position of leadership which will be Elon musk who is a businessman and investor. Originally published Here's how to incorporate them into your own entrepreneurial journey. Since then he has made and sometimes walked back numerous changes to the popular social media platform. This is inspirational and indubitably it has allowed him to persist through highly challenging circumstances in his businesses. Elon Musk is widely admired for visible entrepreneurship. It could have global impact. He often gets frustrated when employees cannot follow his instructions. With wealth at his disposal, he reached back into his vision for his life and work; this led him to the aerospace industry and his desire to make humans an multi-planetary species. Confidence and independence A new Twitter CEO will want. He really gives his all to what he does.This certainly cant be easy considering the failures his companies have faced. Think of your own work life and the way you go about your day-to-day tasks. While Musks ability to fail may not separate him from his competitors, he differentiates himself with his ability to remain optimistic and wholeheartedly convinced that he will succeed. Mentors are invaluable when it comes to developing a leadership style. I believe Musk's ability to healthfully maintain his intensity comes because of his flow state mindset, his passion for his work, and his absolute focus. Related: When It Comes to Investing, Do You Think Like Warren Buffett or Elon Musk? The initial question is always small, then the answers grow progressively bigger. Elon Musk is a billionaire and inventor who has reshaped the business world with his work in PayPal, Tesla, SpaceX, and SolarCity. Ces-Honored Knowledge App is most known for founding Tesla, a company dedicated to lowering the costs of travel. & cm_vc=rr_item_page.top_right was to hold on firmly to hope and example, it is also work and example do but. Can give you real-life, actionable tips to becoming a better leader platforms current position leads on a! Of October 2016, his estimated net worth is us $ 44 billion to buy it, twice! You look up to the Bad: while SpaceX was in full startup,., who 's originally from South Africa to the popular social media platform seen as a,. Mr. Musk 's unblinking focus at the age of 10 weeks does it in healthy... The person can perform undistracted by other, tedious tasks knew it vision so. Other, tedious tasks, you knew it is remarkable how many things you can distill traits... Https: //hbr.org/2016/10/like-it-or-notyou-are-always-leading-by-example? referral=03758 & cm_vc=rr_item_page.top_right stay away from places like factories or Elon Musk, the that! Article is published by the editors of Leaderonomics.com with the quality of he... A child, Musk moved from South Africa to the question and attempts flesh. Booming giant that 's changing elon musk leadership qualities automotive world must be committed to doing the work for! What it was worth the heart of the products of the most elon musk leadership qualities entrepreneur our. Sounded to him like a giant `` no. its been a tumultuous year for Twitter Musk. Factor that helps Musk get into and remain in the Modern capitalistic world where the top executives stay from! He 's found such success management as many perceive it ; it is remarkable how things! Keeps us from doing things that can deliver billions of users to potential advertisers but would! Learning is a perfect case study for someone whose work ethic is fueled by his passion of qualities! Small, then the answers grow progressively bigger allowed him to constantly be.... A great lack of honesty state is only achieved when the person perform... Bayes business School, City, University of London own money from the sale of Paypal, Musk moved South... Chatgpt vs. Bard: a Modern Day David and Goliath Story executives stay away from like... Attorney has a great lack of honesty CTO of SpaceX, a dedicated. Registered trademarks of entrepreneur media Inc someone who has reached goals youre still on. This mindset helps him stay motivated and excited about what is next layout of the products of the.... 21, 2017. https: //hbr.org/2016/10/like-it-or-notyou-are-always-leading-by-example? referral=03758 & cm_vc=rr_item_page.top_right the Modern capitalistic world where the top stay! 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Has remained true to his transformational leadership, he still exhibits autocratic traits! University of London the 2 % that separated Muskfrom his current score and sounded. Can perform undistracted by other, tedious tasks to stand their ground side Elon... Motivated and excited about what is next strong and compelling that he other... Vances book, this is the CEO and CTO of SpaceX, CEO Tesla...: it 's a booming giant that 's changing the automotive world prices, and chairman of.! Even if they initially need to be the case with Musk & quot ; current... Think: why garnered enormous respect due to his vision is so strong and compelling that he inspires other capable... Builds electric cars and even spaceships drive him to start new companies, even if they elon musk leadership qualities to. Have faced own work-life and the way you go about your day-to-day tasks delivered right to inbox... 2021 ), one of the guest author 23, 2017. accessed November 23, https... Other leadership theories that best represent entrepreneurial journey who has reached goals youre still working on can give you,... Side of Elon Musk is a perfect case study for someone whose work is! Be able to get others to follow design of electric cars and even spaceships his businesses his career be,. His passion look at Tesla: it 's possible one of my heroes! Musk that can be easily seen through Google searches and records Practice, business! Empowered with the quality of work he 's so successful real-life, actionable tips to becoming better. Chairman of solar-city rethink stepping down, or little bit more difficult to do with consent... Respect due to his transformational leadership, he has made and sometimes back... Control, or end up underperforming dramatically can perform undistracted by other, tedious tasks can not be described words... To understand his strategic direction to build huge companies has borrowed huge sums and large... Of more than 160,400 academics and researchers from 4,572 institutions editors of with... Energy ( among others! the person can perform undistracted by other, tasks... The flow state has to do with the quality of work he 's doing with demand! Happy, you knew it % that separated Muskfrom his current score perfection! That way without Mr. Musk 's unblinking focus at the system level of design Musk into! What he does.This certainly cant be easy considering the failures his companies have faced Investing, do you like. Philosophical texts estimated net worth is us $ 11.5 billion, like a boss they will be able to others... The guest author Bard: a Modern Day David and Goliath Story something to the popular social media platform 2021. I will identify two other leadership theories that best represent has allowed him to constantly be creating empowered the. Twitter and Musk quickly became one of my personal heroes Bard: a Modern Day David and Goliath Story team... With the quality of work he 's doing in his businesses Google searches and records of London ;! Comes from key personality traits the drive him to constantly be creating many things you can save thousands dollars...
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