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 . 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. Set challenging objectives that help push the boundaries of what people can accomplish. That means he can be a bit of a micromanageror even a nanomanager as Musk described himself in that same conversation with the Wall Street Journal. To be the Best Source of Business Strategy & Analysis. As leaders make these tough decisions, its tempting to take the emotion out of it, Jenn Lim told me. He compares his duty as oxygen. But Musk might want to root out people who don't support him. Therefore, Elon Musk used both the leadership styles that include the transformational and transactional styles (Odumeru and Ogbonna, 2013). Participative Leadership 4. I never see whats right. With Musk, he seeks to add quality to society while at the same time presenting a superior tomorrow to humanity. Of nearly 18 million respondents, 58% said yes, he should leave the position. Yet, as previously explained, there are a few behaviors youll want to avoid. In many ways, hes exhilarating and motivating. Once this is complete, venture out into various subcategories to obtain more knowledge about this interest. When you think about the defined leadership styles, Elon Musk's style is best defined as transformational . Its just that I thought they were important enough to do anyway., Relevant F4S motivations: achievement, goal orientation, future, present. Steve Jobs was demanding. Leading by example is another great option. Otherwise, its not., There have to be reasons that you get up in the morning and you want to live. Create a safe environment to fail by destigmatizing the shame that comes with failure. Hire remotely with confidence, get insights to ideal questions to ask candidates, qualify candidates faster, match to ideal role fit. Twitter and Tesla have been strong, well-known brands. Indeed a futuristic vision works . From running an aerospace company that manufactures rockets and other spacecraft to disrupting the electric car market, it only makes sense that a core pillar of Musks approach involves out-of-the-box ideas. In 2020, there were 59 million freelancers. Here Musk is completely different. (Manzoor, 2012), Tesla's organisational structure is a functional form. Elon Musk's tactics are diametrically opposed to what evidenced-based research findings and expert opinions recommend. Elon Musk is a South African born Canadian-American business magnate who was born June 28, 1971. Action leads to clarity. When theyre being upheld, the true character of an organization has the opportunity to show its humanity.. .. So, like any leadership style, the Elon Musk leadership styleapproach comes with some distinct benefits and drawbacks. Keywords: Leadership, Elon Musk, United States LEADERSHIP . He really gives his all hundred percent to what he does. Delegative Leadership 6. Communicate the purpose of changes with your team. Mr. Musk himself recommends three simple steps in order to solve different problems. Photo by Christophe Gateau/picture alliance via Getty Images. Therefore, Elon musk follows the transactional leadership style that helps him achieve short-term goals. Jim Cantrell, SpaceX . Ultimately, a Tesla is doing it, so we can too strategy would be highly risky for most organizations., The best way for leaders to stay true to company culture when confronted with the kinds of tough decisions Elon Musk faces is to reverse making emotionless leadership decisions. Famous Leader Example: Elon Musk, CEO of SpaceX and Tesla. [Online] Yourbusiness.azcentral.com. Thereby, he has a competitive edge as there are very few barriers to entry in this industry. Gece Kitapl. Thumbs up Marlee!, "Wow this program has totally changed my relationship to goals! If you are trying to find some autocratic leadership examples, you can actually find it in many renowned leaders. What follows are actions that experts say corporate leaders must take in 2023 to restore post-pandemic stability to the workplaceall of which Musk is taking in reverse. In total, there are seven different ones: democratic leadership, autocratic leadership, transformational leadership, transactional leadership, laissez-faire leadership, charismatic leadership, and servant leadership. 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). Autocratic Leadership Style Autocratic leadership is an extreme form of transactional leadership, where leaders have complete power over staff. Followers execute. All of his qualities and traits cannot be described in words. He has a unique way of thinking about problems. Tesla's future as a mass-market car company hinges on efficient, automated production of the Model 3. Even those who have stayed are likely to remain distracted. In other ways, hes demanding and intimidating. Even though the self-dubbed chief twit's path isn't clear to observers, Cadigan said Musk typically knows what he's doing. On Sunday, Musk polled his followers on whether he should step down as CEO of Twitter and said he would "abide by the results." At the same time, Musk started ranking employees against one another. If you find yourself leading this way, I'd suggest you consider how your style is impacting the morale of your team. The setting of objectives makes the goals easy to follow as a benchmark that can be measured against Stretch goals is essential for accomplishing them. 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. Overall, Jeff Bezos' leadership style is one that puts the customer at the center of the business and encourages staff to take risks and come up with creative solutions. "He's proven us wrong with everything he's done in business.". . Musk joins the ranks of changemakers like Steve Jobs (Apple), Reed Hastings (Netflix), Jeff Bezos (Amazon), and Brian Chesky (Airbnb). Write out what you think you know about the challenge in front of you. The Influence of Transactional Leadership Style and Work Culture on Work Performance Mediated by Work Motivation. Elon Musk's leadership style at Twitter isn't something to emulate, HR pros say. Here are two case studies of autocratic leadership styles. According to him, this special philosophy is maintaining unique standards of excellence and clearing predictable paths of progress. If things are not failing, you are not innovating enough.. It can be evaluated ) that the transformational leadership and 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. An autocratic leader relies on their own decisions. Get to the core of the problem by using the 5 Whys method developed by Sakichi Toyoda, the founder of Toyota Industries. 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. Its a tough lesson., Relevant F4S motivations: activity, automatic, initiation. Develop a communication loop where the team gives one another feedback. 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. For example, the Tesla management style is centered around meeting company goals. We will be discussing his leadership qualities and style which have made him a great leader. The author's leadership style relies heavily on trust presenting a contrasting characteristic of an autocratic style leader where little delegation is given to group members . Companies are required to do so ahead of broad layoffs. Experts say Elon Musk's iron-fisted Twitter. He is the founder of Tesla Motors. Sessions only take 5-15 minutes. In our recent Adapt survey, we found that 65% of employees who are forced back into the office full-time say theyre more likely to look for a new job; 46% are attracted to jobs that focus on employee well-being, and 42% want the ability to work from home when they want. Their mindset is fixed on their own goals for the company. in a matter of not more than 5 seconds, she explained. Elon Musks one of the noted leadership quality is he is an innovative leader. After all, Musk's personal net worth by most estimates is hovering around $160 billion; Tesla has a market cap of roughly $478 billion; SpaceX worked with NASA to send astronauts to space in 2020. Even during these dark times, he still demonstrated impeccable leadership skills that motivated his team to keep pushing forward. VIDEO 01:02. This reminds me of a quote I once heard, "Make a decision and then make it right.". Working harder and for longer hours isnt always for the best. 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. 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. Oprah Winfrey. It is often widely referred to as the authoritarian leadership style. 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. . It creates a dependency on the leader and makes performance solely dependent on the consumer's drive. The SpaceX and Tesla CEO is an autocratic leader in . Tesla CEO and co-founder Elon Musk is a controversial figure. Failure is an option here, hes quoted as saying. Effective leadership begins with identifying your strengths and then using the unique advantages of your style of leadership to drive growth within your organization. Establish an action plan and monitor the success of your resolution. Feedback helps find solutions What people think about you and your company plays a vital role in its success ratio. Its a mindset. He has the skill to monitor the problems and to identify a step by step solution. [This] improves the odds of success. "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. He always used to say, Failure is an option here. His another leadership quality is he always love his brand like a religion. The company's chief people and diversity officer Dalana Brand resigned in November. Get started for free with your personalized program now. The tesla company has aimed to provide the most innovative products to its customers for which he uses the transformational leadership style which emphasises on innovation and development of the skills of the employees that helps the company to perform better and create a competitive environment for the rivals by bringing in innovation within the company (Yauney, 2018). But, with numerous successful companies on his resume and a reputation for developing some of the most groundbreaking products and technologies on the market today, hes definitely a leader worth examiningbut not necessarily emulating. Get fast, easy and effective coaching with the worlds first AI-powered coach, or chat with one of our human coaches. Leadership directly affects the organisation's culture and directly affects efficiency and productivity in the workplace. Hes been said to sleep on a couch in the Tesla factory and work 80 to 90 hours each week (sometimes even more). An autocratic leadership has one person in charge, the authoritarian, who collects little to no input from team members. Interested in learning more about Elon Musk and his companies? Hes known for being opinionated and occasionally even short-tempered, and has gone off on his fair share of rants on Twitter. But he also prefers to work alone and don't . Autocratic management style. Now that you have a high-level overview of how Musk prefers to run his teams and companies, lets dig into the details. Here are the ingredients top leaders say are needed to remedy the havoc in. Free up time to work on the business by delegating duties that do not require your attention. As a transformational leader, Elon Musk, of Tesla Motors, demonstrates " incredible vision, dedication, and perseverance " as he strives to actualize his vision. Learn more about how to overcome the fear of failure. 1st ed. A transformational leader inspires his employees. Spend at least one day a week working on the companys business strategy. There needs to be an understanding between the employee and the employer on what is required. Gavin . A good leader will align them to fit the employee and provide the necessary resources to fulfil those objectives. Musk's leadership behaviors coincide with each of Bennis and Nanus' four strategies typically used by transformational leaders (1985, in Northouse, 2013). Make sure you understand the fundamental principles of what youre trying to do before you get into the details, otherwise you could be building on faulty ground., Relevant F4S motivations: alternatives, difference, evolution, future, indifference. Elon Musk mandating employees return to the office full-time is a dangerous talent strategy because it will likely lead to many employees leaving for more flexible jobs, Black said. Opinions expressed by Forbes Contributors are their own. In a discussion with Glassdoor on hiring employees, Elon Musk was quoted to have said, "Hire great people. He possesses this great skill and he also knows the path how to achieve the powerful vision. What could be the consequences of taking his style too far; whether Musk is the right person for Tesla, the electric car company during the times ahead, or does the company now require more of . 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. Discover the latest research and science-backed strategies for improving wellbeing and mental health for you or your team. 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. 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