An autocratic leader relies on their own decisions. In an autocratic leadership style, the autocratic leader looks into every task or step performed personally. . He has the skill to monitor the problems and to identify a step by step solution. A revolutionary approach to studying the cognitive behaviors of your team, and how they impact your organizations goals. To say Musk is innovative would be an understatement. Question and challenge the status quo. For example, the Tesla management style is centered around meeting company goals. Lee was everywhere, and his bold and versatile leadership style has been unmatched since . [Online] Yourbusiness.azcentral.com. Starting a business can feel like a whirlwind. 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. In this high impact eight week program Coach Marlee will help increase your comfort and confidence to be in positions of influence and leadership, navigate organizational politics and also help you develop greater comfort to compete and collaborate at the top of your industry or field. Elon Musk is known for his aggressive attitude towards successful innovation, which can be seen through his innovative products that he and his respective team have launched. . "You have to think 10 times more audacious than he does to be able to be successful.". In total, there are seven different ones: democratic leadership, autocratic leadership, transformational leadership, transactional leadership, laissez-faire leadership, charismatic leadership, and servant leadership. Elon Musk has always been remembered as a transformational autocratic leader. 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 trunk and big branches, before you get into the leaves/details or there is nothing for them to hang on to.. Online ISSN: 2663-9335, Vol (3), Issue 2 . Musk's leadership style is similar to that of Steve Jobs. Elon Musk is a complex person, and his leadership style has its intricacies too. 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 . It is not that easy to lead these multiple businesses in a parallel way. If things are not failing, you are not innovating enough., Elon Musk quote: Work like hell. Therefore, Elon Musk used both the leadership styles that include the transformational and transactional styles (Odumeru and Ogbonna, 2013). Jeff Bezos leads Amazon and Blue Origin, the space company that wants to take you to the moon. Employees spend an average of two and a half hours each day communicating, according to research. He possesses this great skill and he also knows the path how to achieve the powerful vision. Elon Musk is such kind of a leader who possesses a lot of leadership qualities and styles. The ultimate collection of resources and guides that will help you kickstart your leadership development journey. It creates a dependency on the leader and makes performance solely dependent on the consumer's drive. Yet, while his unique personality and boundless creativity have led to incredible success for his. 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. 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). At the same time, Musk started ranking employees against one another. VIDEO 01:02. Elon Musk's leadership style is a mix of challenges, growth, vision innovation, and more. Strengthen your comfort and motivation to start conversations and initiate opportunities that can inspire hearts and minds in your team and in your life. A transformational leader inspires his employees. He builds rockets, disrupts the automotive industry, and has his sights set on colonizing Mars. Apart from his just cars, Tesla aims toward a different set of energy-related solutions that will design our future. Musk encouraged and motivated his team with saying, For my part, I will never give up and I mean never. Another word thats often used to describe Musk? Elon Musks leadership style, transformational leadership, focuses on creating real positive change in the world. A good leader will align them to fit the employee and provide the necessary resources to fulfil those objectives. "If you're technical talent, you're still going to be in demand if you're good," said Steve Cadigan, who runs Cadigan Talent Ventures and previously worked on mergers and acquisitions at Cisco. When I see a car or a rocket or spacecraft, I only see whats wrong. All of his qualities and traits cannot be described in words. 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. 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). Mr. Musk himself recommends three simple steps in order to solve different problems. De-risk investment, identify high performing founders & teams, identify blind spots, benchmark against successful founders. Programs are designed by world-renowned coaches & delivered by our incredible (AI-powered) Coach Marlee. Is what youve written an assumption or a universal truth? At first, he identifies and defines the assumptions. "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. Within moments, the energy of the building went from despair and defeat to a massive buzz of determination . Its not hard to think of well-known, visionary leaders of the past few decades. Failure is an option here, hes quoted as saying. Awareness of your and others emotions is at the heart of influencing, reading people, impactful communication, deep relating and authentic connection at work and in life. 1st ed. 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. Vision: There is no doubt that Musk has a vision. I always see whatswrong. Tesla will lose $6,000 for . Opinions expressed by Forbes Contributors are their own. The leadership style directly affects Tesla. . The transformational leadership style is about motivating the employees and providing values to them, which increases their loyalty towards the brand and the respective company. Therefore, in today's world, there needs to be for the employee to be "externally motivated. Twitter has already seen an exodus of talent and could face difficulty replacing critical roles (or at least some). His first philosophy of leadership is creating a vision. He believes there's a better way to do everything, and he sets his sights on constant improvement. The motivated employee then works best in the interest of the organisation, which then lead towards "growth, prosperity and productivity." Around Christmas 2008, he almost lost Tesla and SpaceX at the same time. Research the problem and consult with leaders and experts who can help you make an informed decision. Why do you want to live? Inspire yourself and others to see and achieve grand visions and goals. The employee said the experience was challenging, but they came out of it 10 times smarter.. Everyone in Tesla is in an abusive relationship with Elon, a past executive told writer Charles Duhigg. When Elon says something, you have to pause and not blurt out, Well, thats impossible. You zip it, you think about it, and you find ways to get it done, said Gwynne Shotwell, the President and Chief Operating Officer of SpaceX. Although his dominant style appears to be autocratic, it could also be said that his style is transformational. 2023 Leaders.com - All rights reserved. Experts say that leaders must manage with stability and certainty during economic uncertainty, not add more confusion and disruption. "I wouldn't bet against him," Cadigan said. 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. Its just that I thought they were important enough to do anyway., Relevant F4S motivations: achievement, goal orientation, future, present. Elon Musk is skilled at problem-solving issues that arise on the completion of any tasks. He has a quest for continuous improvement, and hence he has to correlate his employee's productivity with their satisfaction levels directly. Hes known for being bold with an eye to the future. Here are two case studies of autocratic leadership styles. Participative Leadership 4. 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). Bureaucratic Bureaucratic leaders believe that organizations operate best within: Formal developed structures Policies Strict procedures Transactional He inspires his employees in many ways. Sessions take just a few minutes and are 100% personalized to fit your unique traits and goals. Vroom's theory can also emphasise this in being successful by having the right type of access to machinery and tools." The article details the leadership style of Tesla CEO Elon Musk and the loyalty of his supporters. Musk's leadership behaviors coincide with each of Bennis and Nanus' four strategies typically used by transformational leaders (1985, in Northouse, 2013). The success of an organisation is dependent on the leader. Elon Musk is the eldest child in the family with younger brother Kimbal and sister Tosca. 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. Find out more about the way he leads and how to replicate his best leadership qualities. By clicking Sign up, you agree to receive marketing emails from Insider Better understand, communicate with and motivate high-potential talent, while identifying strengths and addressing blind spots. Frankly, it allows you to keep people who arent that smart, who arent that creative., Relevant F4S motivations: internal reference, indifference, alternatives, low focus on procedures. Tesla, being a manufacturing company, is not without its problems. Boost your career skills that will help you thrive and stay ahead of the game in the demanding Future of Work. At the same time he is admired worldwide for his entrepreneurial and leadership skills. Elon Musk quote: Other advice I would give is to not blindly follow trends. Reflection and patience are core to consolidating learning, development, strategic thinking, recharging and authentic leadership. 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 . Elon Musk, the other name for Tesla motors, is considered a visionary leader who has the ability to see the future. If you dont do your chores the company wont succeed No task is too menial Elon Musk. . 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. His vision is attractive, simple, understandable, & beneficial. Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business. They are also adamant in risk management, and this is practised in their external and internal environment. Bill Gates. Transformation leadership is all about developing new ways to process the operations of the business. as well as other partner offers and accept our. (Manzoor, 2012), Tesla's organisational structure is a functional form. Delegation of work and interactions with employees can help boost employee morale. Were digging into the details of the leadership style of Elon Musk, and what you can learn from his groundbreaking career. Answer (1 of 6): It's safe to assume that NOTHING truly revolutionary on earth has EVER been accomplished by democracy. 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. Transformational Leadership 2. In the process, hes gained an almost cult-like following with almost seven times the entire population of New York City following his every word on Twitter. 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 it comes to guiding a company, theres a lot that startup owners and executives can learn from Elon Musks leadership philosophy. 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. 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. 2 African Journal of Emerging Issues (AJOEI). Their ability to bounce back from setbacks sets a precedent for the employees who can hen motivate themselves. Tesla's future as a mass-market car company hinges on efficient, automated production of the Model 3. 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. As a transformational leader, Elon Musk focuses on solving the worlds greatest problems. It makes some people want to dig their heels into the ground and tackle the worlds greatest problems with the same level of tenacity. Earning trust during the work is another philosophy of Musk. What do you love about the future? He already invested over $100 million of his own money into SpaceX, $10 million into SolarCity, and at least $55 million into Tesla Motors. The employees are kept up to date so they can exercise their productivity freely. We will be discussing his leadership qualities and style which have made him a great leader. Period, said Jim Cantrell, the first engineer at SpaceX. Failure is an option here. 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. Discuss the importance of failure and how it leads to progress, growth, and innovation. Study work that establishes a foundational understanding of the subject. Here are the 11 most common leadership styles. Secondly, he breaks down the problem into its fundamental principles. However, the measure of how effective Tesla has been following a policy of empowerment and culture. Inc. The Tesla CEO and the founder of SpaceX are creative examples of autocratic leadership. For example, if you see an employee working 90 hours a week, send them home. Subscribe to weekly insights & inspiration: Oops! The Autocratic Leadership style can feel restrictive for today's workforce where an employee's perspective and work is considered valuable. 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. Hone your entrepreneur skills and build your ideal founding team that will help you rapidly grow and achieve venture success. It also taught me courage to believe in my beliefs, and that it is not about success or failure, but that we give it a go, a try, The only way to move ahead is to work out the next action and then schedule a time to do it!, This program helped me kickstart my journey to wellbeing. Find out more about his most endearing leadership qualities and how to use them to your advantage below. And ultimately invested over $100 million into the electric car company. Coach Marlee (your amazing AI-powered personal coach) will analyse your unique traits and goals to let you know which program to start with (and if there are any you should skip)!Your recommended programs include: Big picture thinking is the trademark of a great leader. When you think about the defined leadership styles, Elon Musk's style is best defined as transformational . Career tests dont work to determine job fitthis does. For example Elon Musk uses the autocratic leadership style labeling himself as a perfectionist and nano. If a leader is taking a big organization in the wrong direction, people-in-the-know would flag him before he crashes and burns. Youre encouraged to behave like a little gear in a complex machine. 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. Suppose one were to explore the idea of a transformational leader further. He has big ideas and wants to unite his team around his (sometimes outrageous) vision and objectives. During his tenure, Iacocca was more famous than Elon Musk, Mark Zuckerberg or any current industry leader. Learn more about how to overcome the fear of failure. Get started by reading these 15 leadership books. His fast-acting nature offers some benefits in terms of business growth and innovation, but they can also serve as a point of frustration for his team. Otherwise, its not., There have to be reasons that you get up in the morning and you want to live. Prepare employees for failure by teaching them how to recover when it happens. (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. Our post was a discussion on the Leadership Qualities, Skills, and Styles of Elon Musk. Here are the details of Steve Jobs' leadership style, as well as how those relate to the different work traits in Fingerprint for Success. Elon Musks transformational, autocratic, and transactional leadership style goes to show hes in business to produce results, not make friends. Elon Musk once said regarding this simple step, It is important to view knowledge as sort of semantic tree. Select Accept to consent or Reject to decline non-essential cookies for this use. 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. Elon Musk has put the company's workers through a great deal of pain and . Elon Musk doesnt hire just to fill in the positions in his company rather he hires the right person in the first time. 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. Schedule out reasonable completion dates for all work. Why Should You Shop for Home Insurance Even if You Arent Relocating? Examples can comprise revolutionising cars and neuroscience. 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. 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. "There's no doubt engagement is taking a big hit right now," said Lars Schmidt, who runs the executive-search and advisory firm Amplify Talent. He's revolutionized entire industries with his focus on challenging the status quo. Autocratic leadership. He always uses his time by thinking of new ideas. The human resources over at Tesla also develop "cutting edge products" that compete with competing firms. Available at:
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