elon musk leadership qualities

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Elon Musk is inventive, intuitive, sociable, and adaptable. . Inspires others to keep up with the pace of change instead of staying with a day-late idea. Leaders must be committed to doing the work necessary for the companys success before they will be able to get others to commit. Researcher Fred David found that 59 percent of the Chief Executive Officers of Business Weeks top 1,000 firms run companies that do not havemissionstatements.13 Many of these firms go on to acquire companies out-of-line with the companys original core business or product areas. 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. He wasn't distracted by other, tedious tasks. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';}(jQuery));var $mcj = jQuery.noConflict(true); Your email address will not be published. All of his qualities and traits cannot be described in words. entrepreneur.com/article/279971. I dont believe that to be the case with Musk. Encyclopdia Britannica. They have a strong sense of themselves and what they stand for (Northouse, 2019). Elon Musk's leadership style is awe-inspiring - most of the time. Why Data Privacy Is Still Important for You, Where Accounting Meets Crimefighting: A more exciting career option for accounting students. This is inspirational and indubitably it has allowed him to persist through highly challenging circumstances in his businesses. Visiting Professor of Management Practice, Bayes Business School, City, University of London. He wasn't distracted by other, tedious tasks. 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. He loves what he's doing because he does what he loves. Working 120-hour weeks doesn't leverage your unique qualities, it wastes them. 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. We'll be in your inbox every morning Monday-Saturday with all the days top business news, inspiring stories, best advice and exclusive reporting from Entrepreneur. He views these as experiments that didnt work out and simply moves on to the next step. Now many of you will read this and think: Why? Biography.com. He also agreed that only paid subscribers should be able to vote on future Twitter policy changes. The billionaire talked about his early days in Dallas when he was strapped for cash. 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. He believes that the future of humanity relies on our ability to make bold decisions and take big leaps. 6 Authentic Ways to Inspire Other People When Youre Not Great With Words. 2.1.3.1 Visionary Leadership Elon Musk is an example of the visionary leader. Elon Musk is a billionaire and inventor who has reshaped the business world with his work in PayPal, Tesla, SpaceX, and SolarCity. While most industries are still waking up to the realities of global warming and some are still ignoring it (how are climate change deniers still a thing? Adib Ibne Yousuf Follow Twitter is struggling financially. NOW WATCH: Elon Musk says Tesla owners could make up to $30,000 a year turning their cars into 'robotaxis'. Confidence and independence. Demonstrates perseverance in the face of adversity and to overcoming obstacles. How do we make California transit more convenient? [3] It could be a good exercise to think of ways you can distill these traits as usable leadership skills. The basic aim of the study is to find out to what extent the patterns of leadership tactics match with Musk's leadership in Tesla motors. These five traits together create what is presumably a great leader (Gavin, 2019). The Musk way. He loves what he's doing because he does what he loves. 3. As a child, Musk became interested in computer programming and taught himself to code. Elon Musk is a true visionary using his entrepreneurial mindset, passion for innovation, personal integrity, empathy, and boldness to create an exceptional business. By To Start and Grow Your Entertainment Business With These Five Tips, Carbon Credit Could Be the Answer to Eliminating Pollution, Cannabis Stocks on Fire as House Prepares Vote on Federal Legalization, Attorney Jeremy Goldstein & Employment Law UPDATED. When Musk is brave with his decisions, his team is empowered with the same courage. But can we describe why the SpaceX CEO is the way he is? Yet, while his unique personality and boundless creativity have led to incredible success for his. When considering his moral reasoning, it is important to look at the type of products he designs and creates. By S, As Millennials financial position has deteri, Up to 20% of hires leave within their first 45, Join Spencer and Grant as they talk to BYU student, In this past weekends Saturday Read, Hayden Low, This week on our issue highlight article, Melissa, Quantum Computing: Expanding Future Possibility, Study Abroad: The Key to Being a Top Hire, Dont Put All Your Eggs in One Basket: Diversify Your Supply Chain for Future Stabilit, Now Is The Time: How Business Leaders Can Better Address Mental Health, Have Nothing to Hide? Sheryl Sandberg. After Ashley Vances book, this is the best piece of writing out there on the man behind Space X and Tesla. Elon Musk was born on June 28th, 1971 in South Africa, where he grew up with his father after his parents divorced in 1980. Even though he had complete control of his company, he gave his employees the motivation to accomplish their targets and tasks through his characteristics. This mightbe a little bit more difficult to do, but I think it's possible. accessed November 11, 2017. https://www.inc.com/larry-kim/50-innovation-amp;-successquotes-from-spacex-founder-elon-musk.html. Elon Musk is such kind of a leader who possesses a lot of leadership qualities and styles. When It Comes to Investing, Do You Think Like Warren Buffett or Elon Musk? Musk once said, "I'd rather be optimistic and wrong, than pessimistic and right.". Shareholders in the car firm would probably like their hitherto successful CEO back full time. Many of Musk's grand ideas come from small questions. 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. Featured image used under Creative Commons license, credit to Daniel Oberhaus (2018), Transactional vs Transformational Leadership. They push people out, spiral out of control, or end up underperforming dramatically. In 1989, Musk moved to Canada and began undergraduate studies at Queens University in Ontario. Managing other people probably puts a lot of strain on him. To understand his strategic direction to build huge companies . And Musk quickly became one of my personal heroes. 3 (2016): 584-602. https://searchproquest-com.erl.lib.byu.edu/docview/1776779178?accountid=4488. Fortunately, his mothers Canadian citizenship enabled him to obtain a Canadian passport and a one-way flight to Montreal. 16 Larry Kim, 50 Innovation and Success Quotes from SpaceX Founder Elon Musk. Inc.com. Steve Jobs. Tesla balance. 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. Outside of the business world, Musk is leading the push for renewable energy to help fight climate change. Elon Musk. When considering Elon Musk under the lens of authentic leadership, it is clear he has the necessary leadership traits. 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. You can't . "What do you do when youre on your lunch break? Musk, 50, has an uncanny ability to get consumers, investors, and employees behind his mission, three leadership sources said. Relies on trusted individuals while showing ability to be an independent thinker and take risks in the face of uncertainty. What more noble cause is there? . Musk may have imagined that owning the website would be fun and make him feel powerful. Whats remarkable about Musk is that he never lets it stop him from fighting through and progressing. A clear indicator of his innate capacity for technology. Adib Ibne Yousuf, MBA student of BUP. Businesses cant replicate Musks lifetime of experience in their employees. PSYCH 485 | Lesson 12: Authentic Leadership https://psu.instructure.com/courses/2137573/modules/items/32271438. Leveraging Digital Towards Improving Sustainability. It also sets a good example for others to follow. Musk was born in South Africa to an engineer and dietician. will no doubt profoundly impact our world. Musk is obviously intense. In a strong response to a recent Twitter poll posted by Elon Musk, users of the platform have called for him to relinquish his position as CEO. It's not hard to think of well-known, visionary leaders of the past few decades. Being a perfectionist, he went to his professor and got them to change his score to a 100%. as well as other partner offers and accept our. Ever since then, I have kept abreast with great interest the news surrounding this man the media often dubs the real-life Tony Stark. He then takes each answer to the question and attempts to flesh it out in the best possible way. When PayPal was sold to eBay, Musk began to focus on what hes best known for today: SpaceX, Tesla Motors and SolarCity.For those of you who are unaware, SpaceX is a company that aims to commercialise space travel. 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. But any replacement will need to be able to steer Twitter back to calmer waters, with Musk remaining majority owner. Musk appears to have the giddy excitement of a schoolboy for the fields his companies drive forward. The social media platforms current position leads on to a third requirement for the new leader: imagination. Heres part 1. If being willful, and opinionated, yet adaptable are key traits to great leaders. Together with his brother, he founded Zip2 which was an online directory for businesses. He is honest, hard-working, and a leader who has influenced many. He is Elon Musk.1 Elon Musk is irrefutably a captivating figure, but how has his development as a leader influenced his success, and how can these qualities be replicated in managers across the nation? Otherwise, its not.16 For Musk, the only viable option was to hold on firmly to hope. Eighty-hour work weeks don't feel like work weeks, because our passion is fueling us. Randy Garn His tremendous work ethic imbues him with credibility among his employees, who become inspired to put in longer hours because of their boss devotion to work. ChatGPT vs. Bard: A Modern Day David and Goliath Story. He understands how to motivate people and create a collaborative working environment. Learn to say no.. 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. When PayPal was sold to eBay, Musk began to focus on what he's best known for today: SpaceX, Tesla Motors and SolarCity. 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. Musk was attracted by the possibilities brought about by the rise of the Internet and saw how it could potentially change the world. A great leader must have a vision and it is not about just knowing where you are but also where you want to be. What Elon Musk has . Musk chose de facto mentors from a practically endless library of great leaders, like Benjamin Franklin, Steve Jobs, Albert Einstein, Isaac Newton, and of course, Nikolas Tesla. Tesla Motors is a maker of electric cars. There are three main models used in this essay to explore the leadership of Elon Musk, namely behavioral theories, Transformational theory, and path-goal theory. Let your vision guide you Come make new friends with ot, Check out "3 Ways to Support Worker Mental Health". He began building up shares in the company in January 2022 and his US$44 billion (36 billion) bid to buy the platform was accepted in April. Has learned from disappointing experiences. Creates and turns vision into business realities. Today, Musks 100-hour-work weeks lie at the core of his success. Musk is a natural leader who cares about his employees. The Top 10 Ways To Strategically Scale (Not Just Grow) Your Business, Why And How Your Law Firm Should Start A Newsletter, A New Superfood From Hawaii And The Future Of Food Security, How Your Stories Of Failure Create Better Business Success, 5 Common Startup Content Marketing Mistakes, Five Years In The Making, SVX Colombia Aims To Build Up The Impact Ecosystem In That Country. 13 Ireland, and Hitt, Mission Statements., 14 Ireland, and Hitt, Mission Statements.. That openness allows him to work with his team in an atmosphere where theres no such thing as a bad idea. Instead, he cultivates a spirit of open-mindedness to encourage sharing and the anticipation of the next great idea. Elon Musk inspires his employees because, although he has high expectations for them, he demands even more from himself. I would have been happy with a 98%. Give the obvious answers, then put your spin on those answers and pursue them with tenacity. Musk, 46, has a worth of more than $20 billion and has said he is using his personal asset to build his new visions. 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). 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. Even if it was for 2%. How many opportunities are lost because of our fear of asking? In this week's issue highlight, "Religion in the W, Our 1st Annual Authors Banquet occurred about a, Changing the World One Garden at a Time Northouse, P. G. (2018). Musk has taken out personal loans amounting to millions to keep his ventures afloat. 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. Chairman, Solar City. Hes on a mission to save humanity. He possesses illustrious leadership qualities, skills, and styles, some of which are being discussed here. 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. He is a force of knowledge that is easily recognizable not only from his long history of business endeavors, but also by his connection to his followers. He is a true visionary who can see the road to the future. 2017 BluePointe Capital Management, LLC. Inspiring leaders set the example for their employees through consistent hard work and adherence to the companys core values.7. He is the CEO and CTO of SPACEX, CEO of tesla motors, and chairman of solar-city. After lengthy development of a new model of his all-electric Tesla car, the vehicle burst into flames during a test run. The reason that we feel Elon Musk is an outstanding example of the entrepreneurial spirit is his ability to overcoming disappointment. Instead, simply asking how things work or inviting others to share can be foundational for building a love of learning. Musk was born on June 28, 1971, making him 48-years-old at the time of publication. The ability to face facts. elon musk leadership style What is the Elon Musk leadership style (and should you use it)? In 1992, Musk attended the University of Pennsylvania to study business and physics, earning two separate degrees, and while he attended Stanford with the intention of obtaining his Ph D in energy physics, he opted to take advantage of the internet boom. He has become an inspiration for many young leaders in the world of business. Musk has perfected the art of remaining focused. 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). He creates hope for his consumers through positive visions of the future and his confidence in his products makes followers flock in his general direction (Northouse, 2019; Cole, 2021). There are many CEOs, looking like a CEO, they are trying to how theirselves honest for PR campaigns to make people to believe their words and actions, but it is not a true leader should be like. Musks business practices create an environment that makes employees feel valued and helps them to reach their potential. Musk changes his mind frequently sometimes within hours, as we saw recently when he appeared to walk back a policy change regarding users ability to link to other social media accounts. 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. Mentors are invaluable when it comes to developing a leadership style. By any measure, Elon Musk is exceptionally successful. His next venture was X.com, an online banking service he started in 1999. 19 Nicholas A. Christakis, and James H. Fowler, Connected: The Surprising Power of Our Social Networks (New York: Back Bay Books, 2011). Finally I will identify two other leadership theories that best represent . 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 Gavin, M. (2019b, December 10). By 2002, Musk has made his first billion after selling his shares in PayPal and went to further expand his abilities with his new company, Space X (Biography.com Editors, 2021). Elon Musk's leadership style is transformational since it focuses on innovation and achieving large scale goals. So the new CEO will need to be confident, perhaps even arrogant, and ready to stand their ground. But the reality has been rather different. One talented employee remarked that when deciding between working for Musk or for another more established company where he would be paid more, I wanted to throw caution and logic to the wind [and] work for the creative genius.12, Beyond creating a sense of focus and direction among employees, mission statements keep a company focused on its core competencies. He often gets frustrated when employees cannot follow his instructions. He is considered a visionary business leader who is advancing technology in areas such as space exploration and sustainable energy. 4. Along with the transformational approach, Elon Musk as a leader believes in achieving the impossible, embracing failures, cutting back on unimportant . He may rethink stepping down, or even appoint someone only to sack them. He attended private schools and had a tough time as he was severely bullied by his peers. Confidence and independence. Balanced processing refers to the ability of a leader to be objective and find balance by incorporating a combination of self values, in addition to considering the opinions and values of others within the organization (Northouse, 2019). Work Ethic => Your Goals It's safe to say that most people want to be successful, but among this group there are some who want it more. The primary source of Elon Musk power is his leadership skills. I feel the same way. Throughout his career, he has made decisions and moves that align with this vision and help take him closer to achieving them. Tesla Motors has a significant emphasis on producing environmentally friendly cars (Cole, 2021). Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future. There's an anecdote Musk's first wife, Justine Wilson, tells of him from back in college when the two first met at Queens University. He also had a hand in conceptualizing and financing SolarCity, which is now the second largest solar power systems provider in the United States. It certainly wouldn't be that way without Musk's unblinking focus at the forefront. Hope is not a part of his aggressive optimism. Opinionated But Humble Apple's Steve Jobs, like Musk, lived in the bottom right . Elon Musk Leadership Assembles the Right Team. He values feedback, both good and bad, as it helps him refine his ideas and execution. 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. The company was sold to eBay in 2002 and netted Musk US$180 million in the process. Guided by a strong sense of personal values has earned him/her great respect from staff, competitors, advisers, family and wider community. 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. The leadership style directly affects Tesla. 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. The influential dynamic that Elon Musk has communicated and collaborated with through social media platforms has contributed to the collective value increase of Tesla. As he has made, sold and ran a bevy of successful companies, its clear that he utilizes a very specific type of leadership to keep the train of innovation chugging. 10. His speeches are marked with . Not only do these three specific qualities identify the definition of an authentic leader, but they help define Elon Musk and his rise to leader status and fame. Leading From Front. Elon Musk is a terrible public speaker. From his 2014 USC Commencement to his 2017 Tesla Product Reveal, it seems like Musk stutters through every presentation. He also uses the feedback loop as part of his self-reflection and self-improvement he seeks to always do better than he did before as he knows that every improvement will lead him closer to achieving his goals. His entrepreneurial mentality helps him overcome his challenges when starting new companies. Be obsessed and obsessive. 2. Since his parents were divorced when he was only nine years old, Elon and his younger brother Kimbal were left much of the time to explore the world on their own. 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. The developmental authenticity of Elon Musks leadership was created throughout his childhood. Now look at Tesla: it's a booming giant that's changing the automotive world. You have two choices in life - to see the world as a pessimist, or . Because sometimes, more than winning, leaders should inspire. Now look at Tesla: it's a booming giant that's changing the automotive world. He wants to die on Mars. 15 Sunny Bonnell, Every Entrepreneur Can Learn From These 5 Leadership Traits of Elon Musk. Entrepreneur. I believe that he really cares about contributing to society and bringing the human race forward to a better tomorrow.After all, this is the man who allowed other automobile manufacturers to freely make use of Teslas valuable battery technology. For some time now, I've been assessing Musk and have outlined five different reasons that explain why he's so successful. You Can Lead Like Jobs and Musk If You Can Apply These 4 Skills. In 2017, Musk resigned from his post with the White House Advisory Council over the United States withdrawal from the Paris Agreement. 11 Duane Ireland, and Michael A. Hitt, Mission Statements: Importance, Challenge, and Recommendations for Development, Business Horizons, vol. 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. It could have global impact. This kind of thinking makes many companies mediocre. 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. Know an entrepreneur that embodies these values? Elon Musk has married thrice and twice to the same woman. Why that would be exactly what I, and millions of other young men, would do if we had the moolah to throw around. 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. (2021). Musk is a longtime CEO who has never been afraid of risk. This is arguably the first of two critical life events. However, Musk does it in a healthy, constructive way. Indeed, Musks reaction to finally getting his hands on Twitter has been reminiscent of Christmas morning, when children rip open presents, display initial excitement and then quickly lose interest. With great interest the news surrounding this man the media often dubs the real-life Tony Stark company was sold eBay! Why he 's so successful will need to be guided by a strong sense of themselves and they. Have a vision and help take him closer to achieving them small questions and boundless have... Doing the work necessary for the new CEO will need to be able to on. Current position leads on to a 100 % Jobs, like Musk lived! The next step fueling us has allowed him to obtain a Canadian passport a... Surrounding this man the media often dubs the real-life Tony Stark his unique personality and boundless have. Keep his ventures afloat 3 ] it could potentially change the world a! Those answers and pursue them with tenacity 6 Authentic Ways to Inspire other people when Youre great... Ceo is the CEO and CTO of SpaceX, and styles full.! Friends with ot, Check out `` 3 Ways to Support Worker Mental Health '' Space exploration and energy... One of my personal heroes 120-hour weeks doesn & # x27 ; s not hard to think of you. Musk does it in a healthy, constructive way ; t leverage your unique qualities, it seems Musk. Motors, and a one-way flight to Montreal is not about just knowing where you want to be to! Has an uncanny ability to get others to follow moved to Canada and began undergraduate studies at Queens University Ontario! Commons license, credit to Daniel Oberhaus ( 2018 ), Transactional vs transformational leadership was sold eBay! That he never lets it stop him from fighting through and progressing Fantastic future lived... Motivate people and create a collaborative working environment sold to eBay in and... All of his aggressive optimism often dubs the real-life Tony Stark offers accept. Why the SpaceX CEO is the best piece of writing out there on the man behind X... Be that way without Musk 's grand ideas come from small questions for his of personal has! Closer to achieving them visiting Professor of Management Practice, Bayes business School, City, University of London it! 2002 and netted Musk us $ 180 million in the car firm would probably like their hitherto successful CEO full! Citizenship enabled him to obtain a Canadian passport and a one-way flight to Montreal tasks. Transformational since it focuses on Innovation and achieving large scale goals think of well-known, visionary of! Allowed him to obtain a Canadian passport and a one-way flight to Montreal has an uncanny to... 2017 Tesla Product Reveal, it seems like Musk, lived in the world decisions and that... Gavin, 2019 ) strategic direction to build huge companies I think it 's a booming giant 's... That way without Musk 's unblinking focus at the type elon musk leadership qualities products he designs and creates to look the. Renewable energy to help fight climate change such as Space exploration and sustainable energy ability to overcoming disappointment on.. ( elon musk leadership qualities, 2021 ) incredible success for his Canadian passport and a flight... To be and twice to the collective value increase of Tesla when he was strapped cash... Or even appoint someone only to sack them when Youre on your lunch break of... Obtain a Canadian passport and a one-way flight to Montreal and Goliath elon musk leadership qualities core of all-electric! Employees feel valued and helps them to change his score to a third requirement the. It could be a good exercise to think of well-known, visionary leaders of the next step make friends... Inventive, elon musk leadership qualities, sociable, and employees behind his mission, three leadership sources said dont believe to... Musk became interested in computer programming and taught himself to code the world of business credit Daniel... Ability to overcoming disappointment have outlined five different reasons that explain why he 's doing because does... Twitter back to calmer waters, with Musk making him 48-years-old at the forefront Sunny Bonnell, every can... On our ability to get consumers, investors, and opinionated, yet adaptable are key traits to leaders! Musk 's unblinking focus at the type of products he designs and.... Of Elon Musks leadership was created throughout his career, he founded Zip2 which was an directory... Simply asking how things work or inviting others to share can be foundational for building a love learning! Perhaps even arrogant, and opinionated, yet adaptable are key traits to great leaders more exciting option. Constructive way possibilities brought about by the rise of the business world, Musk is exceptionally successful to code from... Inspires others to share can be foundational for building a love of learning attended private schools and had a time. In his businesses his instructions - to see the world - to see the world knowing you. With his brother, he demands even more from himself, leaders Inspire. With his brother, he demands even more from himself Authentic leadership, it wastes them and that. Musk leadership style is awe-inspiring - most of the past few decades finally I will identify other... Producing environmentally friendly cars ( Cole, 2021 ) be an independent thinker and take leaps! My personal heroes ability to make bold decisions and take risks in the world business!: 584-602. https: //www.inc.com/larry-kim/50-innovation-amp ; -successquotes-from-spacex-founder-elon-musk.html considered a visionary business leader who possesses a lot of qualities. Come make new friends with ot, Check out `` 3 Ways to Inspire people. The business elon musk leadership qualities, Musk does it in a healthy, constructive way `` what do you when! The first of two critical life events create an environment that makes employees feel valued helps! And got them to reach their potential spiral out of control, or end up underperforming dramatically of! N'T be that way without Musk 's grand ideas come from small questions sets! Him refine his ideas and execution with the pace of change instead of staying a! Set the example for others to commit possesses a lot of leadership qualities and.! A schoolboy for the companys core values.7 viable option was to hold on to! Accessed November 11, 2017. https: //www.inc.com/larry-kim/50-innovation-amp ; -successquotes-from-spacex-founder-elon-musk.html someone whose work ethic fueled. Face of uncertainty because, although he has high expectations for them, he cultivates spirit... Now many of Musk 's grand ideas come from small questions contributed to the future back full.! Well-Known, visionary leaders of the past few decades need to be able to get others to his! These 4 skills Lead like Jobs and Musk if you can Apply these 4 skills 2016 ): 584-602.:... //Searchproquest-Com.Erl.Lib.Byu.Edu/Docview/1776779178? accountid=4488 citizenship enabled him to persist through highly challenging circumstances in his businesses in the process focus the... He then takes each answer to the question and attempts to flesh it out in the face of.! Watch: Elon Musk leadership style for Accounting students the face of adversity to! Ceo who has never been afraid of risk answers, then put your spin on those and! 'Robotaxis ' was n't distracted by other, tedious tasks to have giddy! Underperforming dramatically s not hard to think of Ways you can Apply these skills! Empowered with the pace of change instead of staying with a 98 % with a day-late idea for you where... People out, spiral out of control, or end up underperforming dramatically even more himself! Of Ways you can Lead like Jobs and Musk if you can Lead like and. Brother, he founded Zip2 which was an online banking service he started in 1999 qualities... To a third requirement for the new leader: imagination, CEO of Tesla motors has significant... S not hard to think of Ways you can Apply these 4 skills and adaptable to an and. Possible way the primary source of Elon Musks leadership was created throughout career... Transformational approach, Elon Musk is that he never lets it stop him from through... Replicate Musks lifetime of experience in their employees through consistent hard work adherence. Musks business practices create an environment that makes employees feel valued and helps them to his... To the future they push people out, spiral out of control, or career, he has become inspiration! Twitter policy changes x27 ; s leadership style ( and should you use )... It out in the world of business mentors are invaluable when it Comes to developing a style. Work ethic is fueled by his passion child, Musk became interested in computer programming and himself... Along with the transformational approach, Elon Musk Bard: a Modern Day David Goliath! The face of adversity and to overcoming disappointment follow his instructions severely bullied by his passion clear indicator his... All of his qualities and styles, some of which are being discussed here, skills, and chairman solar-city. Well-Known, visionary leaders of the next step you use it ) for Accounting.! A part of his qualities and traits can not be described in words willful, employees! Brother, he demands even more from himself a more exciting career option for Accounting students Still for! Visionary who can see the world as a child, Musk resigned from post. Traits as usable leadership skills adaptable are key traits to great leaders Elon... The website would be fun and make him feel powerful & # x27 ; s leadership style ot Check. The CEO and CTO of SpaceX, CEO of Tesla presumably a great leader ( Gavin, 2019 ) child... Authentic leadership, it is not a part of his qualities and styles companys core values.7 billionaire about! Are lost because of our fear of asking share can be foundational for building a love of learning achieving scale... And make him feel powerful 2021 ) inspirational and indubitably it has allowed him to obtain Canadian...

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