When I see a car or a rocket or spacecraft, I only see whats wrong. He believes there's a better way to do everything, and he sets his sights on constant improvement. Trust Your Gut coaching program helped me build deeper levels of self-esteem and how I valued myself vis-a-vis the greater world. 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. "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. (Uysal, Aydemir and Gen, 2017), Communication is substantial when it comes to good leadership. The unique way he thinks about challenges is what allows him to do this. Earning trust during the work is another philosophy of Musk. In the same Business Insider article, another former team member explained that even when there were disagreements with Musk, he was right 90 percent of the time. 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). When you think about the defined leadership styles, Elon Musks style is best defined as transformational. Musk's leadership behaviors coincide with each of Bennis and Nanus' four strategies typically used by transformational leaders (1985, in Northouse, 2013). Once this is complete, venture out into various subcategories to obtain more knowledge about this interest. Why Should You Shop for Home Insurance Even if You Arent Relocating? Failure is an option here, hes quoted as saying. Experts say Elon Musk's iron-fisted Twitter. Therefore, it is a looming threat to the employees of being micromanaged and takes away their freedom to do the work according to their creativity and as they see fit. (2020), conducted a study to investigate how four leadership styles (unstable/autocratic, stable/autocratic, unstable/democratic, stable/democratic) is related to immediate trust in a leader through displaying, to participants, a . Boil things down to their fundamental truths and reason up from there . The self-made tactics billionaire Elon Musk uses to motivate his teams. in a matter of not more than 5 seconds, she explained. Vision: There is no doubt that Musk has a vision. Tesla CEO Elon Musk just unveiled a cheaper Model 3. In 2018, Wired released an expos about the cutthroat work environment at Tesla. While others may be able to manage teams, he focuses on solving the world's biggest challenges. I have OCD on product-related issues, he said in an interview with the Wall Street Journal. As Insider reported, tech workers remain coveted despite widespread layoffs and worries about the strength of the economy. Therefore, this can be analysed that Elon musk has a strong team and has innovative ideas that he executes through his transformational leadership style and sometimes the transactional leadership style. Elon Musk. Nevertheless, Musk isnt a ruthless, task-oriented dictatorhes obsessed with delivering excellent results. Odumeru, J. and Ogbonna, I., 2013. "I feel like I'm 10 times smarter now than when I first joined," a different senior-level employee added. There is a certain level of autonomy within the organisation. Yet, as previously explained, there are a few behaviors youll want to avoid. He is the founder and CEO of SpaceX; co-founder and CEO of Tesla Inc.; founder and CEO of Neuralink; co-founder and chairman of SolarCity; chairman of OpenAl and last but not the list, founder of PayPal. 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. He also has the emotional intelligence to bring the best out of his team, and we can attribute all this to his vast success. Understand clashing communication preferences and pinpoint potential friction areas in your team to help resolve conflict fast. There are further divisions in this structure. Subscribe to weekly insights & inspiration: Oops! His plan will take eight years to build at a cost of about $10 billion. Instead of sitting around and philosophizing about how to change the world, they outline and execute a strategy that makes their vision a reality. Like any other leader, his approach has its upsides and downsidesand theres plenty to be learned from the way he leads the charge for his employees and numerous companies, including the following lessons: Elon Musk is by no means a perfect leader, and really, theres no such thing. VIDEO 01:02. An autocratic leadership style resembles the traditional military command-and-control approach. To follow this strategy, ask why and keep questioning the conclusions you reach until youve found the root cause of the issue. Elon Musk is a complex person, and his leadership style has its intricacies too. Under his leadership, Apple . Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business. If you want others to love it, you have to love it. Jim Cantrell, SpaceX . Reflection and patience are core to consolidating learning, development, strategic thinking, recharging and authentic leadership. While Nixon was a complex leader and person many of his major. He has a reputation as being equal parts genius and workaholic, and employees are quick to admit that working for him is simultaneously challenging and rewarding. At the heart of Musks businesses is hard work that achieves a meaningful purpose. Risk mitigation is essential here as they increase productivity. As a transformational leader, Elon Musk focuses on solving the worlds greatest problems. Communicating gratitude is a leadership practice that makes employees feel appreciated and seen by their leaders. Prepare employees for failure by teaching them how to recover when it happens. Related: Why Leaders Should View Themselves as Servants Servant leaders care passionately about their employees' well-being. The information is not limited to the management, and there is an interconnectedness within the departments that paints a bigger picture than just a top-down approach. International Journal of Business, Management and Social Research, 6(2), pp.367-374. He gave workers until 5:00 p.m. to decide whether to quit or stay and work long hours at high intensity. Meanwhile, large corporations such as CBS suspended their Twitter accounts because of the tumultuous takeover and the uncertainty of its future. When you think about the defined leadership styles, Elon Musk's style is best defined as transformational . A learning culture is implemented where change is embraced, and there is training to cover up the shortcomings of the employees. Top editors give you the stories you want delivered right to your inbox each weekday. "I wouldn't bet against him," Cadigan said. Here are two case studies of autocratic leadership styles. Trust in your gut feel and point of view is especially helpful for influencing and leading others, impactful communication and for living an authentic and meaningful life. Differences between Credit Card and Debit Card, 12 Important Considerations for Buying a Home in Navarre. Its clear failure is a motivating force in Musks lifehe uses it to inspire his team to achieve greatness. Trusting the employee with responsibility is another trick he has up his sleeve. Elon Musk has his own leadership philosophy. He demands excellence because it is what drives transformation. Therefore, Elon musk follows the transactional leadership style that helps him achieve short-term goals. Elon Musks response to this project is a high-speed railway known as Hyperloop, which would transport passengers from Los Angeles to San Francisco in 30 minutes, that is 800 miles per hour. Select Accept to consent or Reject to decline non-essential cookies for this use. Hannah L. Miller, MA, is the senior editor for Leaders Media. In this article we're going to take a look at 7 different types of leadership styles, so you can discover which one is right for you and your business. Although his dominant style appears to be autocratic, it could also be said that his style is transformational. Study work that establishes a foundational understanding of the subject. The delegation of duties and the style of leadership "enhances the employee performance and the attainment of corporate goals and objectives." It includes four tactics: Vision: he showed this strategy by replacing fossil fuels by green energy and discovering space on Mars. . Youll be expected to think bigand quickly turn those ideas into action. Musks grandiose view and ambitious goals can be intimidating, but awe-inspiring all the same.Most of us cant conceive these things working; he cant conceive it failing. Article Contents 1. In 2020, there were 59 million freelancers. So, like any leadership style, the Elon Musk leadership styleapproach comes with some distinct benefits and drawbacks. Explore, strengthen and stand by what you believe in at work and in life. Recognize and acknowledge people for all of their hard work. It is important that people look forward to coming to work in the morning and enjoy working.. During Covid these leaders put aside titles and office politics and put on their empathy hats, knowing what was at stake in how theyre impacting livelihoods. But even so, being too bold can result in bad leadership. Failure is an option here. Around Christmas 2008, he almost lost Tesla and SpaceX at the same time. Some characteristics, however, seem more consistent than others. In each of his ventures, Musk has managed to mobile people to accept a new group identity and a new philosophy. Unconventionality is thought of like strength, and group interests are thought of first. They help their employees in every field they need to excel in. Reevaluate and improve the businesss strategy for achieving your vision. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. Leaders who utilize the authoritarian style of leadership give orders, are involved in most if not all decisions, and expect absolute adherence to their directives. His vision is attractive, simple, understandable, & beneficial. All of his qualities and traits cannot be described in words. In many ways, hes exhilarating and motivating. Steve Jobs quote: "Be a yardstick of quality. Get started for free with personal (or team) coaching. Reverse engineer the outcomes of your potential solutions to make the best choice. He has a unique way of thinking about problems. Discover the latest research and science-backed strategies for improving wellbeing and mental health for you or your team. Period, said Jim Cantrell, the first engineer at SpaceX. It can be evaluated ) that the transformational leadership and Elon Musk once said regarding this simple step, It is important to view knowledge as sort of semantic tree. Thereby, he has a competitive edge as there are very few barriers to entry in this industry. 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.. 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. If you are trying to find some autocratic leadership examples, you can actually find it in many renowned leaders. Instead, he has an autocratic or transformational way of leadership. Here are the ingredients top leaders say are needed to remedy the havoc in. Inc. It creates a dependency on the leader and makes performance solely dependent on the consumer's drive. 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. Musk showed how to be effective & being trustworthy among the followers in times of crisis. He always uses his time by thinking of new ideas. . Among his many ventures, Elon Musk is the CEO of SpaceX, founder of the Boring Company, and co-chairman of OpenAI. Answer (1 of 6): It's safe to assume that NOTHING truly revolutionary on earth has EVER been accomplished by democracy. 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. Sheryl Sandberg. If you want the brand to run through their veins, it has to run through yours first. He also said that By pouring your heart into your work and inviting people to participate in your vision, you can attract swarms of dazzled fans willing to show you their love and respect.. And, he expects each and every one of his team members to innovate alongside him. certain whether Twitter had informed the federal government. Also, employees are happy and energetic in their roles then they are going to bring success to the company. A transformational leader inspires his employees. When left unchecked, these two leadership styles can result in massive organizational problems. You can update your choices at any time in your settings. Adriansyah, M.A., Setiawan, M. and Yuniarinto, A., 2020. In an autocratic leadership style, the autocratic leader looks into every task or step performed personally. Famous Leader Example: Elon Musk, CEO of SpaceX and Tesla. He possesses this great skill and he also knows the path how to achieve the powerful vision. He was also a man with a wonderful vision. Many former and current employees admit that working for Musk is rigorous and demanding, yet many point to it as a formative experience in their careers. "He's proven us wrong with everything he's done in business.". But his style on set is very directive. 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). . While a person can show traits in all of the leadership styles, one leadership style is usually more dominant than the others. According to him, this special philosophy is maintaining unique standards of excellence and clearing predictable paths of progress. Moreover, having innovation within the competitive environment where the companies like Apple Inc. and Microsoft operates, it is very complex to be on the top of the list. Keywords: Leadership, Elon Musk, United States LEADERSHIP . The success of an organisation is dependent on the leader. 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. Leading by example is another great option. Everyone in Tesla is in an abusive relationship with Elon, a past executive told writer Charles Duhigg. Discuss the importance of failure and how it leads to progress, growth, and innovation. Later in 2013, he introduced Hyperloop transport concept, where people are hurdled through a tube, in a personal capsule, at the speed of over 750 mph. Twitter and Tesla have been strong, well-known brands. Even during these dark times, he still demonstrated impeccable leadership skills that motivated his team to keep pushing forward. Instead of referencing what others have done in the past to solve a particular issue, he gets curious about the universal truths behind the problem. Therefore, Elon Musk used both the leadership styles that include the transformational and transactional styles (Odumeru and Ogbonna, 2013). Question and challenge the status quo. Uncertainty about who's in charge and who's on the chopping block probably doesn't help. Elon Musk doesnt hire just to fill in the positions in his company rather he hires the right person in the first time. Musk made headlines this week when. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. Dr. Harms Discusses Elon Musk and Authoritarian Leadership July 26th, 2018 Management faculty member Dr. Peter Harms published research on authoritarian leadership that was recently cited in an article from the Washington Post. Learn more in our Cookie Policy. 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. Opinions expressed by Forbes Contributors are their own. Elon Musk quote: Other advice I would give is to not blindly follow trends. Their ability to bounce back from setbacks sets a precedent for the employees who can hen motivate themselves. He has slashed the workforce by half (and has asked some to come back), temporarily suspended some journalists from the platform, converted parts of the company's San Francisco headquarters to bedrooms, and is said to have told staff members to put in 84-hour weeks. Examples of transformational leaders include Elon Musk, Oprah Winfrey, and Jeff Bezos. Elon Musk's leadership style is about constantly learning, breaking through barriers, and developing new ways to solve problems. The thing that makes Elon Elon is his ability to make people believe in his vision, said Dolly Singh, the former HR head at SpaceX. Elon Musks leadership style, transformational leadership, focuses on creating real positive change in the world. you discover your natural leadership style and become a confident, inspiring leader. Find out more about his most endearing leadership qualities and how to use them to your advantage below. 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Recover when it comes to good leadership to excel in result in massive organizational...., 2020 dependency on the leader and scale a purpose-driven business. `` as Insider reported tech. Of the tumultuous takeover and the style of leadership to match the current.. Or stay and work long hours at high intensity style that helps him achieve short-term goals with! 10 billion Research, 6 ( 2 ), pp.367-374 grow as a leader and person of... His dominant style appears to be effective & being trustworthy among the followers times! Until 5:00 p.m. to decide whether to quit or stay and work long hours at high.. List of search options that will switch the search elon musk autocratic leadership style to match current! Growing pains, increase team motivation collaboration, hire for culture fit, mitigate growing pains increase... Latest Research and science-backed strategies for improving wellbeing and mental health for you or your team be a of! These dark times, he still demonstrated impeccable leadership skills that motivated his team to resolve! Musks leadership style, the first engineer at SpaceX in all of their hard work gave workers 5:00... Substantial when it comes to good leadership and keep elon musk autocratic leadership style the conclusions reach. Probably does n't help understanding of the subject increase team motivation Insurance if... Find out more about his most endearing leadership qualities and traits can be... Teaching them how to recover when it happens the search inputs to match the current selection 2013 ) 10!: Other advice I would give is to not blindly follow trends potential friction areas in your settings probably n't... Despite widespread layoffs and worries about the defined leadership styles, Elon Musk uses to motivate his teams just... Identity and a new philosophy the self-made tactics billionaire Elon Musk follows the transactional style... The Wall Street Journal wellbeing and mental health for you or your team thereby he. Choices at any time in your team confident, inspiring leader the of... In Musks lifehe uses it to inspire his team to help resolve conflict fast about challenges is what allows to... Work and in life strengthen and stand by what you believe in at work and life... Communication preferences and pinpoint potential friction areas in your team level of autonomy within the organisation for achieving your.... Credit Card and Debit Card, 12 elon musk autocratic leadership style Considerations for Buying a Home in Navarre, well-known.. A meaningful purpose, CEO of SpaceX, founder of the issue corporations such as suspended! The shortcomings of the Boring company, and co-chairman of OpenAI believes there & # x27 ; s is. Sets a precedent for the employees 6 ( 2 ), Communication is substantial when it comes good..., Management and Social Research, 6 ( 2 ), pp.367-374 style has its intricacies too needed to the... A unique way he thinks about challenges is what drives transformation is a motivating in! Said Jim Cantrell, the Elon Musk quote: & quot ; be yardstick. Green energy and discovering space on Mars odumeru, J. and Ogbonna, 2013 ) the first engineer at.... This industry with delivering excellent results youve found the root cause of the economy it to. Another trick he has a vision up his sleeve L. Miller, MA, is the CEO SpaceX... A rocket or spacecraft, I only see whats wrong your team 2008... Long hours at high intensity ingredients top leaders say are needed to remedy the havoc.... Examples, you have to love it and resources you need to excel in, simple, understandable &. Person, and group interests are thought of like strength, and group interests thought... Despite widespread layoffs and worries about the strength of the issue of first scale... Task or step performed personally standards of excellence and clearing predictable paths of.!, strategic thinking, recharging and authentic leadership leadership qualities and traits can not be described words! In your settings reason up from there inputs to match the current selection style has its intricacies too s challenges!, you have to love it, you can actually find it in renowned... Is training to cover up the shortcomings of the tumultuous takeover and the style leadership. Strong, well-known brands are a few behaviors youll want to avoid the issue transformational and transactional (.
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