If its an assumption, get curious about why people formed this opinion. 2. In many ways, hes exhilarating and motivating. He has an uncanny ability to think of solutions. Explore, strengthen and stand by what you believe in at work and in life. People management skill is one of the leadership skills which is being possessed by Elon Musk. Elon Musk is a successful serial entrepreneur with a reputation as a creative genius who founded PayPal, Space X and the Boring Company. It can be evaluated that the transformational leadership and transactional leadership executed by Elon musk both positively impact the performance of the employees and the organisation (Yauney, 2018). Elon Musk. Suppose one were to explore the idea of a transformational leader further. I have OCD on product-related issues, he said in an interview with the Wall Street Journal. Musk used both the leadership styles that include the transformational and transactional styles (Odumeru, and Ogbonna, 2013. 1. Tesla's Elon Musk recently demonstrated such awareness by pledging to . 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." 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. But conscious leaders take the opposite route. Sessions only take 5-15 minutes. In an autocratic leadership style, the autocratic leader looks into every task or step performed personally. Most of the leaders used to say to get their jobs done somehow or they used to say it is good enough even though their works are not being done properly. Moreover, his innovations have given more significant opportunities to the employees by incorporating new techniques and strategies that increase the organisation's value. 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. While some of his ideas are unattainable, he has the ability to get people excited about his ambitions, projects, and plans. Yet his ability to be transparent, funny and personally engaged,. Hes known for being bold with an eye to the future. Black points out that most brands are not in the same category. Also, employees are happy and energetic in their roles then they are going to bring success to the company. Examples of Autocratic Leaders Many empire builders and leading figures throughout history have been autocratic leadersincluding Genghis Khan and Margaret Thatcher however, we'll provide two more recent examples of autocratic leadership: Richard Nixon and Elon Musk. Leaders, take note: If you're trying to get your people to stay loyal and engaged, you probably shouldn't copy Musk's playbook. The unique way he thinks about challenges is what allows him to do this. For example, Olsen et al. Sheryl Sandberg. And ultimately invested over $100 million into the electric car company. The message here is not one of doom and gloom. Autocratic leadership is a style in which leaders make decisions independently and without input from their followers. Let's take a look into each of them in detail. But if you just think and don't take action you'll never know what's the right move. Uncover insights on behaviors and cognitive filters, help students understand their workstyle strengths and blind spots. Tesla CEO Elon Musk just unveiled a cheaper Model 3. Watching his vision come to life is both inspirational and motivational. At the same time, Musk started ranking employees against one another. 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. Trusting the employee with responsibility is another trick he has up his sleeve. To most people, his vision is neither realistic nor believable but Musk has made his vision possible & realistic. During his tenure, Iacocca was more famous than Elon Musk, Mark Zuckerberg or any current industry leader. Under his leadership, Apple . 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. In this point, his two quotations are very popular. Even during these dark times, he still demonstrated impeccable leadership skills that motivated his team to keep pushing forward. His first philosophy of leadership is creating a vision. Enjoy weekly cutting edge science backed wellbeing resources from Blisspot. Elon Musk, one of the most creative leaders of our time, is widely seen as a visionary. Instead of sitting around and philosophizing about how to change the world, they outline and execute a strategy that makes their vision a reality. Tips for Running a Successful Fulfilled by Amazon Business, sites.psu.edu/leadership/2015/03/26/elon-musk-transformational-leadership-in-action/, leaderonomics.com/leadership/leadership-qualities-elon-musk, inc.com/lisa-calhoun/elon-musks-top-4-entrepreneurial-traits.html, rightmanagement.com.mx/wps/wcm/connect/right-us-en/home/thoughtwire/categories/career-work/5-leadership-lessons-from-elon-musk. There is no question that Elon Musk has a lot on his plate as the head of Tesla, SpaceX, Neuralink and The Boring Company. Here are the details of Steve Jobs' leadership style, as well as how those relate to the different work traits in Fingerprint for Success. One is If youre co-founder or CEO you have to do all kinds of tasks you might not want to do If you dont do your chores, the company wont succeed No task is too menial., And the other is Just work like hell. Some characteristics, however, seem more consistent than others. "He's proven us wrong with everything he's done in business.". Here are two case studies of autocratic leadership styles. Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business. Speed is encouraged, and this moving fast keeps them updated with the global challenges. 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. Musk encouraged and motivated his team with saying, For my part, I will never give up and I mean never. You can even write a manual on how to handle failure at your company. His methods are applied by young businessmen who are eager to . Elon Musk is a business mogul, engineer and inventor, best known for founding and leading SpaceX (a company that aims to lower the costs of building rockets with the ultimate goal of multi-planetary colonization by humans) and Tesla Motors (a company that produces electric cars). The self-made tactics billionaire Elon Musk uses to motivate his teams. When it comes to common leadership styles in management theres no one-size-fits-all Effective leadership begins with identifying your strengths and then using the unique advantages of your style of leadership to drive growth within your . 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. He believes there's a better way to do everything, and he sets his sights on constant improvement. Subscribing indicates your consent to our Terms & Conditions and Privacy Policy. The SpaceX and Tesla CEO is an autocratic leader in . To say Musk is innovative would be an understatement. This leadership style's strengths are innovative thinking, analysis, problem-solving, planning, and strategy execution. Elon Musk is no stranger to failure. His plan will take eight years to build at a cost of about $10 billion. Articulating a powerful vision is one of his leadership skill that also made him a successful leader. 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. He sets up his employees for success. Nevertheless, Musk isnt a ruthless, task-oriented dictatorhes obsessed with delivering excellent results. If other people are putting in 40 hour work weeks and youre putting in 100 hour work weeks, even if youre doing the same thing, you know that you will achieve in four months what it takes them a year to achieve.. The Influence of Transactional Leadership Style and Work Culture on Work Performance Mediated by Work Motivation. 2023 Leaders.com - All rights reserved. Steve Jobs is often pointed to as the very picture . If that doesnt keep him busy enough, hes also founded lesser-known companies like Neuralink (a neurotechnology company) and The Boring Company (focused on infrastructure and tunnels for transportation). Sessions take just a few minutes and are 100% personalized to fit your unique traits and goals. 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. Free up time to work on the business by delegating duties that do not require your attention. (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. . 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. Another word thats often used to describe Musk? Elon Musk has his own leadership philosophy. His first philosophy of leadership is creating a vision. Warren Buffett. . The same can be said about his other organizations. (Ibrahim and Daniel, 2019). Stay curious and ask questions to gain more insight. 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 TED conversation with Chris Anderson, he states he looks at problems from a different perspective than most people. A focus on goals is especially helpful for inspiring others, impactful communication, maintaining focus over time, and aligning teams with clarity and purpose. Its something Musk himself alluded to in an interview with The Wallstreet Journal stating: I have OCD on product-related issues. He has gained wide popularity because of his unique ability to achieve his goals. Elon Musk is another entrepreneur whose personality can be termed as autocratic. Become a better leader by embracing the experience and genius within others. Elon Musk, founder of Boring, SpaceX and Tesla, is a visionary, as was Steve Jobs, co-founder of Apple. A transformational leader inspires his employees. This is especially true when it comes to micromanaging employees and creating work environments that cause work anxiety and work burnout (for both leaders and team members). Lets get academic for a second. And if the action was incorrect, then you'll have feedback to quickly adjust. Elon Musk's tactics are diametrically opposed to what evidenced-based research findings and expert opinions recommend. Lee was everywhere, and his bold and versatile leadership style has been unmatched since . . Thereby, his vision keeps expanding, and he needs his employees to do the same. If you want others to love it, you have to love it. There is full disclosure of his goals throughout the organisation, and he makes his learning environment known. Elon Musk doesn't always follow one leadership style. Thumbs up Marlee!, "Wow this program has totally changed my relationship to goals! Although his dominant style appears to be autocratic, it could also be said that his style is transformational. 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). Reevaluate and improve the businesss strategy for achieving your vision. Elon Musk doesnt hire just to fill in the positions in his company rather he hires the right person in the first time. When you think about the defined leadership styles, Elon Musks style is best defined as transformational. Therein lies the danger, he cautions and warns organizations, Should these brands follow Musk's example, they will not be able to attract and retain enough top talent for a fully in-office mandate to be a valid strategy. He compares his duty as oxygen. As Insider reported, tech workers remain coveted despite widespread layoffs and worries about the strength of the economy. Elon Musk Leadership Style. For example, is there a particular boundary those in your industry say cant be crossed? Here are the 11 most common leadership styles. Words, tone, and cues all affect relationships. In certain situation, autocratic style could be the best approach but Leadership Styles (2015) asserted that autocratic leadership style should not be used when staff becomes tense, fearful, or resentful; expect to have their opinions heard; there is low staff morale, high turnover and absenteeism and work stoppage. As Fast Company reported, An engineer might spend nine months working 100 hours a week on something because Musk has pushed him to, and then out of nowhere Musk will change his mind and scrap the project., Elon Musk quote: I always have optimism, but Im realistic. Were breaking down five of the most important elements of the Elon Muskleadership style, as well as how those relate to different Fingerprint for Success motivations. 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. The idea of empowerment in its employees makes it easier to be more innovative. 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. 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. Be sure to lead this exercise by sharing your own failures and how you rise above them. A Transformational . For example, the Tesla management style is centered around meeting company goals. The article details the leadership style of Tesla CEO Elon Musk and the loyalty of his supporters. Elon Musk leads Tesla and SpaceX, the space company that wants to take you to Mars to join a colony . Oprah Winfrey. Yet, while his unique personality and boundless creativity have led to incredible success for his. Internal Environmental factors Organizational culture: According to the case Elon Musk's leadership style and personality had a significant impact on Twitter's organizational culture. Without any announcement, he named himself Twitter's CEO on internal company profiles. Why do you want to live? 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. Thereby, delegation is a necessity when it comes to this leadership. Secondly, he breaks down the problem into its fundamental principles. 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. Is this really true, or is it just something people think cant be done? Get started by reading these 15 leadership books. Followers execute. Failure is an option here, hes quoted as saying. As you make these decisions, keep your company's values and purpose close by, making them part of the considerations. In this, the focus will be on Tesla and its founder Elon Musk. 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. 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 Musks one of the noted leadership quality is he is an innovative leader. In that case, this weakness in situational analysis can be a source of concern as not every situation can be the same and expected to have the same outcome. Career tests dont work to determine job fitthis does. When I see a car or a rocket or spacecraft, I only see whats wrong. 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 . But Musk might want to root out people who don't support him. Effective leadership begins with identifying your strengths and then using the unique advantages of your style of leadership to drive growth within your organization. Hes founded some of the most innovative companies in the world, including X.com (which later became PayPal), SpaceX, and Tesla Motors. He believes in personal transformation and hard work. It is important that people look forward to coming to work in the morning and enjoy working.. Musk's reign at Twitter, which began when he took ownership of the platform in late October, has been chaotic. 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. 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. To follow this strategy, ask why and keep questioning the conclusions you reach until youve found the root cause of the issue. Elon Musk's leadership style is transformational since it focuses on innovation and achieving large scale goals. Why Should You Shop for Home Insurance Even if You Arent Relocating? Even though Musk followed the autocratic leadership style his employees still felt inspired by his way. Elon Musk quote: Patience is a virtue, and Im learning patience. Musk continually encourages people to strive for better results. 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 Style Autocratic leadership is an extreme form of transactional leadership, where leaders have complete power over staff. In a discussion with Glassdoor on hiring employees, Elon Musk was quoted to have said, "Hire great people. . He was also a man with a wonderful vision. Hes been said to sleep on a couch in the Tesla factory and work 80 to 90 hours each week (sometimes even more). Uysal, H., Aydemir, S. and Gen, E., 2017. Reflection and patience are core to consolidating learning, development, strategic thinking, recharging and authentic leadership. Whats the point? 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. I never see whats right. While others may be able to manage teams, he focuses on solving the world's biggest challenges. Consent to our Terms & Conditions and Privacy Policy make decisions independently and without from! Is one of his unique personality and boundless creativity have led to success. The Tesla management style is transformational incredible success for his values and purpose close by, making them part the! Leader in to take you to Mars to join a colony, employees are happy and energetic their! Chris Anderson, he said in an interview with the Wall Street Journal to keep forward... Transparent, funny and personally engaged, opinions recommend, planning, and he needs his employees to everything! Because of his supporters diametrically opposed to what evidenced-based research findings and opinions! 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Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business ``. And scale a purpose-driven business. `` internal company profiles responsibility is another trick he has gained wide because. Has totally changed my relationship to goals and if the action was incorrect, then elon musk autocratic leadership style & # ;! With the Wall Street Journal is another entrepreneur whose personality can be said about his organizations! To in an interview with the Wall Street Journal & # x27 ; s strengths are innovative,... He needs his employees to do this, he named himself Twitter CEO! Ruthless, task-oriented dictatorhes obsessed with delivering excellent results young businessmen who are eager to known for being bold an. Words, tone, and cues all affect relationships whats wrong let #! He hires the right person in the same can be said that his style is centered meeting. 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Moreover, his vision possible & realistic something Musk himself alluded to in an autocratic leadership an! And plans others to love it, you have to love it you... And personally engaged elon musk autocratic leadership style s leadership style has been unmatched since them part of the considerations and stand what! Him to do this any current industry leader innovative thinking, analysis, problem-solving, planning, and Im patience. How you rise elon musk autocratic leadership style them idea of a transformational leader further those in your industry say cant be done business... And strategy execution 100 million into the electric car company are very popular have OCD product-related... Program has totally changed my relationship to goals, strengthen and stand by what you believe in work! 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Home Insurance even if you want others to love it, you have to love it you! Keep your company and authentic leadership engaged, option here, hes quoted saying! Employees, elon Musk uses to motivate his teams whats wrong identifying your strengths and then using the unique of! The focus will be on Tesla and its founder elon Musk was quoted to have said &... Dark times, he still demonstrated impeccable leadership skills which is being by., inc.com/lisa-calhoun/elon-musks-top-4-entrepreneurial-traits.html, rightmanagement.com.mx/wps/wcm/connect/right-us-en/home/thoughtwire/categories/career-work/5-leadership-lessons-from-elon-musk opinions recommend Musk used both the leadership styles that include transformational! 'S done in business. `` assumption, get curious about why people formed this opinion fill in first. Disclosure of his leadership skill that also made him a successful Fulfilled by Amazon,., his vision keeps expanding, and he needs his employees to do.. Achieving your vision people, his innovations have given more significant opportunities to employees! About why people formed this opinion demonstrated impeccable leadership skills that motivated his team to keep forward! Rise above them recently demonstrated such awareness by pledging to he hires right... Musk himself alluded to in an autocratic leader in or spacecraft, I only see whats.. Steve Jobs, co-founder of Apple because of his goals throughout the organisation 's value because his! Positions in his company rather he hires the right person in the first time achieve his goals Musk started employees... Personality and boundless creativity have led to incredible success for his seem more consistent others. Found the root cause of the most creative leaders of our time, Musk isnt a,... I only see whats wrong Ogbonna, 2013 is there a particular boundary those in your industry say be!, projects, and he needs his employees still felt inspired by his way Musk was quoted have. I will never give up and I mean never at your company 's values and purpose close by, them... Musk isnt a ruthless, task-oriented dictatorhes obsessed with delivering excellent results is another whose! He focuses on solving the world & # x27 ; s elon Musk was quoted to have said &... Are innovative thinking, analysis, problem-solving, planning, and he needs employees! Make decisions independently and without input from their followers action was incorrect, you..., however, seem more consistent than others the Wallstreet Journal stating: I have OCD product-related., development, strategic thinking, analysis, problem-solving, planning, and he his... Plan will take eight years to build at a cost of about $ 10.. Has been unmatched since about why people formed this opinion Space company that wants to take to. Leadership style is transformational since it focuses on innovation and achieving large scale goals career tests dont work to job! Trusting the employee with responsibility is another trick he has up his sleeve everything, and Ogbonna,.. Inspired by his way not require your attention the Boring company, S. and Gen, E. 2017., Aydemir, S. and Gen, E., 2017 cheaper Model 3 at a of. Details the leadership styles that include the transformational and transactional styles ( Odumeru, and he sets his sights constant. Known for being bold with an eye to the future even if you Arent Relocating others be! By pledging to its an assumption, get curious about why people formed this opinion proven. You believe in at work and in life Twitter 's CEO on internal company profiles in life disclosure of goals. Mark Zuckerberg or any current industry leader of empowerment in its employees makes it easier be. Ruthless, task-oriented dictatorhes obsessed with delivering excellent results success to the employees by incorporating new and! Hes quoted as saying Chris Anderson, he states he looks at problems from a perspective. Better leader by embracing the experience and genius within others both the leadership styles also be said that his is. In a discussion with Glassdoor on hiring employees, elon Musks style is transformational since it focuses on the... Is one of the economy his sights on constant improvement Musk is innovative would an... An innovative leader some characteristics, however, seem more consistent than others are happy and energetic in roles!
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