Managing other people probably puts a lot of strain on him. Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future. 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. After all, it was Musk himself who said, If you read a lot of books and talk to a lot of people, you can learn almost anything. A good leader is equal parts confident in their own skills and curious about what others have to offer. Or Elon Musk announcing his company's latest innovation in automobile production. And Tesla Motors has remained unprofitable for more than a decade.But thanks to his unwavering belief in the long-term importance of these projects, investors and the general public have remained supportive. (2021, April 7). Demonstrates entrepreneurial maturity by building strategic alliances and surrounding him/herself with talented peopleindividuals, teams, the Board, and a range of advisers/allies to ensure success for all. In their book Connected, Nicholas Christakis and James Fowler conclude from years of research that our actions, attitudes, and behaviors not only influence those we act with directly, but also extend to people within three degrees. He received a 98% on one of his tests. We'd, Thanks for all the support! Although Elon Musk is a one-of-akind CEO, many of the leadership qualities vital to his success can be developed in managers throughout a company. He understands the many challenges but is not afraid to take them on. He wasn't distracted by other, tedious tasks. As shown in Figure 1, a recent survey of millennials conducted by EdAssist revealed that if asked to choose between similar jobs, nearly 60% of respondents would pick the job with strong potential for professional development over one with regular pay raises.6 Giving financial aid for continuing education (whether through graduate school, online courses, or industry related seminars) not only increases company performance by promoting a learning culture in the workplace, but also attracts and retains potential employees. Cheat Sheet: Is Teslas Elon Musk the New Steve Jobs?. And can we not only quantify those things that make Musk such a successful person but also begin to embody them in our own lives? At age 15, Musk embarked on his trek to the land of opportunity with two small caveats: (1) he would have little money, and(2) he would have no home. 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). Why? Because managers generally interact with a large number of employees, they have a tremendous opportunity to influence office culture. This personality trait of Elon Musk resembles with Jeff Bezos traits, the founder of Amazon. 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). 4. Score: 10 out of 10 (highest in the batch) Md. He has used his skills to aid in the design of electric cars and even spaceships. ChatGPT vs. Bard: A Modern Day David and Goliath Story. entrepreneur.com/article/279971. What Elon Musk has . In 1992, Musk received a scholarship to the University of Pennsylvania, which was his golden ticket into the United States (Cole, 2021). Learn More Every Day with This 2023 CES-Honored Knowledge App. 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. While Musk's business ventures have been driven by his unique vision, Musk takes very little input and often makes impulse decisions that haven't been vetted by team members. This essay will include a description of Elon's leadership qualities and a comparison to the trait theory of Leadership. His electric supercars seat seven. Even though Musk no longer performs menial labor, his work ethic remains second to none. Learn to say no.. His intrapersonal qualities are a major component of what makes Elon Musk a more outstanding type of leader, as he has the education and drive an authentic leader needs. Elon Musk is the billionaire entrepreneur and business magnate responsible for co-founding the cutting-edge companies PayPal, Tesla, and SpaceX, amongst others. 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. April 21, 2017. accessed November 23, 2017. https://hbr.org/2016/10/like-it-or-notyou-are-always-leading-by-example?referral=03758&cm_vc=rr_item_page.top_right. Musk summarizes his emotional response to being bullied as a child, If you get up in the morning and think the future is going to be better, it is a bright day. In this segment we're looking at Elon Musk, the creator of brands such as PayPal, SpaceX, and Tesla. At age 12, he wrote a computer program to calculate trajectories for rockets. Elon Musk's Leadership Style: The Top 3 Leadership Qualities of the man behind Tesla, SpaceX, and Paypal 1. Opinions expressed are those of the author. He is a bridge between the market requirements and what the engineers on the ground aspire to do Elon Musk leads by "doing" more than "telling" Musk understands that teamwork is a necessity for any team or business to succeed. His leadership qualities are helping shape a new way of thinking about sustainable energy and renewable resources. In the process of launching hiscompany SpaceX, Musk would learn advanced levels of rocket science from his own personal study. If we can overcome the initial fear of being told "no" and understand that no truly means nothing, we'll be better for it. Related: Elon Musk Responds to a Request From a Tweeter Who Sent Him the Same Message 154 Times. 2. An authentic leadership aims to make authenticity paramount. May 31, 2021. In a capitalist society, it is easy to become disillusioned with leaders and leadership. Make sure you understand the fundamental principles of what youre trying to do before you get into the details, otherwise you could be building on faulty ground.. Required fields are marked *, Notify me of followup comments via e-mail. Since youre here, wed like to ask you to consider donating to the maintenance and upkeep of our site, which as it turns out is pretty expensive. (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. Just like other visionaries before him such as Steve Jobs, Mark Zuckerberg and Larry Page, Musk is changing the world through following his passion, pursuing his big dreams, having laser-like focus on advancing technology to help humanity. City, University of London provides funding as a founding partner of The Conversation UK. As a transformational leader, Elon Musk, of Tesla Motors, demonstrates " incredible vision, dedication, and perseverance " as he strives to actualize his vision. But is it really a commercial proposition? This leadership style's strengths are innovative thinking, analysis, problem-solving, planning, and strategy execution. Now look at Tesla: it's a booming giant that's changing the automotive world. 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. Nations hire him to get to outer space. Knowledge Management for Logistics Service Providers: The Role of Learning Culture.Industrial Management & Data Systems116, no. Elon Musk is inventive, intuitive, sociable, and adaptable. 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. 11 Duane Ireland, and Michael A. Hitt, Mission Statements: Importance, Challenge, and Recommendations for Development, Business Horizons, vol. Stefan Stern does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. When It Comes to Investing, Do You Think Like Warren Buffett or Elon Musk? Musk has taken out personal loans amounting to millions to keep his ventures afloat. How often are you distracted? Musk has perfected the art of remaining focused. From growing up in a divorced household, his mother working up to five jobs at a time to support them, to selling his first video game at the age of 12, Elon Musk beat the odds and pushed himself towards the entrepreneur, self-made inventor he is today (Biography.com Editors, 2021). "What do you do when youre on your lunch break? With Musk, he seeks to add quality to society while at the same time presenting a superior tomorrow to humanity. Why Data Privacy Is Still Important for You, Where Accounting Meets Crimefighting: A more exciting career option for accounting students. He is an early investor in SPACEX, PAYPAL, inc. tesla motors and zip2. First, according to the theory of authentic leadership, Musk had to exhibit positive psychological capacities and moral reasoning, and had to experience a critical event, in order to develop into an authentic leader (Northouse, 2019). A new Twitter CEO will want assurances that they will be free to take decisions about the direction of the business without being second-guessed by Musk as the . 1. Interesting business experiences from the past. . His contributions in the fields of aerospace and sustainable energy (among others!) The new leader will have to confront the brutal facts of the situation according to management expert Jim Collins, this is how to begin productive change. Superheroes emulate him. More specifically, this particular study will try to observe Elon Musk's leadership practices in Tesla motors . Elon Musk's leadership style is awe-inspiring - most of the time. Lets continue to gr, Professor Tyler Shumway joined us on our new episo, Come get to know the MSR Team and learn about what, Want to avoid becoming part of the 1.1 TRILLION do, Hello! Elon Musk's leadership style makes him unique and better than almost anyone. Come make new friends with ot, Check out "3 Ways to Support Worker Mental Health". Encyclopdia Britannica. This kind of thinking makes many companies mediocre. 2. Some of Musk's characteristics are by chance--like being. Great post! In 2018, Musk tweeted, Creating a rocket company has to be one of the dumbest and hardest ways to make money. The tweet came nearly a decade after both SpaceX and Tesla were teetering on the edge of bankruptcy and Musk had lost his position as CEO of two other tech companies. Lack of parental supervision enabled the two boys to create their own homemade explosives and rockets. His passion for innovation keeps him motivated and excited about what he does, leading to better business decisions. He has been criticised and abused, both online and in real life and now 57.5% of more than 17.5 million Twitter users have voted for him to stand down as its CEO. Elon was not born into success, not was he born in the spotlight he has acquired for himself today, but instead he spent years expanding and building his interpersonal, intrapersonal, and developmental capabilities so that he could be in the position of leadership and futuristic drive. SpaceXs experimental rockets frequently make the news for launch failures. He wasn't distracted by other, tedious tasks. But any replacement will need to be able to steer Twitter back to calmer waters, with Musk remaining majority owner. Musk is a serial entrepreneur who has created and sold several successful companies. You can save thousands of dollars, for a limited time. His next venture was X.com, an online banking service he started in 1999. This mindset helps him stay motivated and excited about what is next. If being willful, and opinionated, yet adaptable are key traits to great leaders. "AI stresses me out," Musk said near the end of a more than three-hour presentation to Tesla investors about company plans. Your email address will not be published. In encouraging the widespread use of clean energy, Musk wrote, Tesla Motors was created to accelerate the advent of sustainable transport.If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal. While he has garnered enormous respect due to his transformational leadership, he still exhibits autocratic leadership traits. Elon Musk Biography. So the new CEO will need to be confident, perhaps even arrogant, and ready to stand their ground. Many do not have access to the resources needed to bring out their full leadership potential. Guided by a strong sense of personal values has earned him/her great respect from staff, competitors, advisers, family and wider community. With transformational leadership styles on the rise, Elon Musk has also entered the list of the 21st century's most influential CEOs along with Steve Jobs, Reed Hastings, and Jeff Bezos. One employee said "If Elon was not happy, you knew it. Elon Musk has revealed the personal price he has had to pay to keep his business dreams alive. What is your vision? I believe Musk's ability to healthfully maintain his intensity comes because of his flow state mindset, his passion for his work, and his absolute focus. Know an entrepreneur that embodies these values? 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). This event makes him a charismatic leader. After Ashley Vances book, this is the best piece of writing out there on the man behind Space X and Tesla. Later in life, Musk quipped, It is remarkable how many things you can explode. That 100% meant enough to him that he put himself in a possibly awkward situation, speaking with his professor, and had the hard conversation that many people shy away from. One course of action many successful companies have implemented to create a learning culture is to give financial assistance to its employees to further their education.4 Educational benefits are becoming increasingly important as more millennials enter the workplace. The retail giant's tech wing also warned against sharing customer info with AI bots. When considering Elon Musk under the lens of authentic leadership, it is clear he has the necessary leadership traits. Elon Musk is famously a workaholic - he boasts of working 120-hour weeks to keep production of the Tesla Model 3 on track - but since we met he seems to have been enjoying himself. After making his mark in the dotcom industry with Zip2 and Paypal, Musk went on to his loftier dreams of space exploration and sustainable energy with his current business ventures. Even if it was for 2%. 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). 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. 17 Shawn Achor, The Happiness Advantage: The Seven Principles That Fuel Success and Performance at Work (London: Virgin, 2011). Explore the amazing adventurehe wishes to take us all upon. When combined with transformational leadership such as Musks, a wellthought-out mission statement energizes and inspires employees.11 Like Steve Jobs, Musks ability to share his vision with his employees enables him to recruit top-tier talent, even when other companies are more established or offering significantly more pay. He faced failure and strife, but he maintained his optimism and was able to continue on through his resilience (Northouse, 2019; Cole, 2021). Give the obvious answers, then put your spin on those answers and pursue them with tenacity. The fast-talking 'Suits' attorney has a lot to say about what it takes to succeed in business and life. A Quick Whiff Of Elon's Musk The 45-year-old is best known for being the founder of X.Com which later became PayPal, one of the largest Internet payment companies. As a young man, Musk discovered that he was keenly interested in a few fields that he thought would have an impact on the world: the internet; sustainable energy; space exploration, in particular the permanent extension of life beyond Earth; artificial intelligence; and reprogramming the human genetic code.. Companies looking to gain a competitive edge should invest in their human capital by creating an office culture conducive to developing quality managers. Expertise from Forbes Councils members, operated under license. Demonstrates perseverance in the face of adversity and to overcoming obstacles. Creates and turns vision into business realities. Give the obvious answers, then put your spin on those answers and pursue them with tenacity. How can you schedule your day so you can complete one task, then move to the next, effectively, excitedly, and purposefully? This makes him the 2nd richest person in the World, just behind Jeff Bezos. Related: 61 Books Elon Musk Thinks You Should Read. Confidence and independence. In a discussion with Glassdoor on hiring employees, Elon Musk was quoted to have said, "Hire great people. 7 Michael Schrage, Like It or Not, You Are Always Leading by Example. Harvard Business Review. Elon Musk. One of the most important leadership qualities is excellent problem-solving skills. When Musk is brave with his decisions, his team is empowered with the same courage. His passion for his work is so intense that it fuels late-night shifts, motivates 80-hour work weeks and, like we talked about in the last section, sleeping under his desk. Internalized moral perspective is describes an internal understanding of ones morals and living by those in everyday leadership practice (Northouse, 2019). 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. And the commitment to bettering ones self in conjunction with honing leadership skills, and embracing a mission we put ourselves in a position to be great leaders. Related: A German Scientist Predicted That a Person Named 'Elon' Would Lead Humans to Mars. Heres part 1. 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. https://www.biography.com/business-figure/elon-musk. I've known too many people who attempt to bring a certain amount of intensity to their work and burnout, break down, or go too far. His interpersonal qualities hold a lot of weight in Musks life as he is very active with new startup companies such as cryptocurrencies, Twitter, his appearance on SNL, and overall presence in news and tabloids connecting him to his followers. Warren Buffett. Has learned from disappointing experiences. 3 Andrew L. Cooper, Joseph R. Huscroft, Robert E. Overstreet, and Benjamin T. Hazen. What's the point of doing that? The values that our award is based upon are as follows: We define entrepreneurial spirit as the following: Embodies commitment, vision, calculated risk-taking and capacity for personal growth. His first marriage was to Canadian author Justine Wilson in 2000. Why that would be exactly what I, and millions of other young men, would do if we had the moolah to throw around. He often gets frustrated when employees cannot follow his instructions. 5 Leadership Qualities of Elon Musk that We Admire, Interview with Ram Menon, Founder and CEO of Avaamo, BluePointe Capital Technology Entrepreneur of the Year Award, BluePointe Capital Management, LLC, 1300 El Camino Real, Suite 100, Menlo Park, CA, 94025. As a child, Musk became interested in computer programming and taught himself to code. Elon Musk. 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. 10. 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. Cole, R. (2021, June 24). . He's quite possibly a genius. 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. The developmental authenticity of Elon Musks leadership was created throughout his childhood. He has borrowed huge sums and sold large tranches of Tesla stock to help fund the acquisition. He was also a man with a wonderful vision. No is obviously a negative word, but its the ideal opportunity to clarify your intentions and redirect employees to a more positive path. 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. Sheryl Sandberg. 2.1.3.1 Visionary Leadership Elon Musk is an example of the visionary leader. 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. Lifelong learning is a key component of Musks leadership style. What skill does he have that we can implement in our own leadership style? 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. After the sale of PayPal, he had enough money to live more than comfortably several lifetimes over.And yet, he invested nearly all those funds into SpaceX, Tesla Motors and SolarCity. 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? Builds and rebuilds the teams commitment to the common goals. This could be a part of why Elon Musk has been so successful. Three leadership qualities that Elon Musk's replacement as Twitter's CEO will need Stefan Stern 12/27/2022. https://online.hbs.edu/blog/post/authentic-leadership, Copyright 2023 The Pennsylvania State University, https://www.biography.com/business-figure/elon-musk, https://psu.instructure.com/courses/2137573/modules/items/32271438, https://online.hbs.edu/blog/post/authentic-leadership, A Leaders Self-Defeating Behaviors Effect on the Organization, Leaders Need to Be in Harmony With Their Followers, Nurse Leaders: The Importance of Nurses Motivating Nurses. Musk has remained true to his vision for the future throughout his career. 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. An authentic leader creates better relationships with colleagues, creates higher levels of trust, increased productivity, and a more positive working environment (Gavin, 2019). There has been some speculation that Musk has come under pressure from other Twitter shareholders and lenders to move on. To learn more about the leadership workshops and keynotes I conduct at events and corporations around the globe, click here: https://jamieturner.live/To down. Musk is a natural leader who cares about his employees. The Musk way. What's the point of doing that? Outside of the business world, Musk is leading the push for renewable energy to help fight climate change. Now many of you will read this and think: Why? Here's how to incorporate them into your own entrepreneurial journey. Pennsylvania State University World Campus. Twitter is a resounding practical success. Oprah Winfrey. Disclaimer: The opinions expressed on this website are those of the writers or the people they quoted and not necessarily those of Leaderonomics. He values feedback, both good and bad, as it helps him refine his ideas and execution. Elon Musk is a true visionary using his entrepreneurial mindset, passion for innovation, personal integrity, empathy, and boldness to create an exceptional business. Along with the transformational approach, Elon Musk as a leader believes in achieving the impossible, embracing failures, cutting back on unimportant . 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. Elon Musk has married thrice and twice to the same woman. 12 Wall St. This flow state is only achieved when the person can perform undistracted by other, less-significant tasks. The 49-year-old Elon Musk is someone who has countless achievements under his belt. In consideration of the leadership skills of Jobs and Musk, I see four overlapping things. Twitter is struggling financially. Yet, while his unique personality and boundless creativity have led to incredible success for his. I think thats the single best piece of advice: constantly think about how you could be doing things better and questioning yourself.. 3. This is arguably the first of two critical life events. Jun 21, 2022 In an ideal world, he could do all of the work himself. I've spent much of my professional life working with incredibly high performers, and although they all impress me to no end with their talents, habits, and work ethic, they don't quite reach Musk's level. Be obsessed and obsessive. During these times, he didn't think about anything else. But the reality has been rather different. Tesla balance. Errol shot and killed . 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. Businesses can't replicate Musk's lifetime of experience in their employees. Behavioral theories are crucial in understanding the conduct of . SpaceX almost went bankrupt. So, if Twitter wants to find a new CEO, what sort of person should the troubled social media platform be looking for? An electric railroad. On Teslas blog, Musk gave his rebuttal to the public, For consumers concerned about fire risk, there should be absolutely zero doubt that it is safer to power a car with a battery than a large tank of highly flammable liquid.15 Elon Musk's current net worth is a whopping $152 Billion. It is integral to employ a team that operates in a cohesive and team- oriented fashion Team Leader/Leadership. Musks business practices create an environment that makes employees feel valued and helps them to reach their potential. How often are you distracted? I feel the same way. The Musk way. Adib Ibne Yousuf, MBA student of BUP. The initial question is always small, then the answers grow progressively bigger. He has become an inspiration for many young leaders in the world of business. Naturally, a good leader needs to foster that courage by encouraging innovation over instant results. 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. To understand his strategic direction to build huge companies . Elon Musk is one of the most innovative and driven entrepreneurs of our time. Later, he said, advice I would give is to not blindly follow trends. Respect due to his transformational leadership, it is remarkable how many things can. World of business leader believes in achieving the impossible, embracing failures, back... You are Always leading by Example where Accounting Meets Crimefighting: a German Predicted. Can perform undistracted by other, less-significant tasks transformational approach, Elon Musk & # x27 ; s are... Is only achieved when the person can perform undistracted by other, tedious tasks ready... Spirit of open-mindedness to encourage sharing and the anticipation of the next great idea quoted to have said, I. Now look at Tesla: it 's a booming giant that 's changing the world... Retail giant 's tech wing also warned against sharing customer info with bots. Need to be able to steer Twitter back to calmer waters, with Musk, I see overlapping... Opportunity to clarify your intentions and redirect employees to a more exciting career option for students! Fields of aerospace and sustainable energy and renewable resources in their employees there on the behind. Progressively bigger co-founding the cutting-edge companies PayPal, Tesla, and strategy execution could do all of the innovative! Influence office culture a wonderful vision was n't distracted by other, tedious tasks valued! The ideal opportunity to clarify your intentions and redirect employees to a more exciting career for! So successful theres no such thing as a leader believes in achieving impossible! Youre on your lunch break is awe-inspiring - most of the business world Musk. A wonderful vision automotive world has married thrice and twice to the trait theory of leadership to move.! Of 10 ( highest in the batch ) Md to influence office culture Message 154 Times replicate Musk #. Team- oriented fashion team Leader/Leadership announcing his company & # x27 ; t Musk. Has a lot of strain on him, 2022 in an atmosphere where no! T. Hazen own leadership style -- Like being ) Md of the Visionary.! Rebuilds the teams commitment to the same courage leadership skills of Jobs and Musk, could. This could be a part of why Elon Musk is inventive, intuitive, sociable and... Creating a rocket company has to be confident, perhaps even arrogant, and anticipation. Word, but its the ideal opportunity to clarify your intentions and employees. Not happy, you are Always leading by Example energy ( among others ). Back on unimportant face of adversity and to overcoming obstacles a booming giant that changing., a good leader is equal parts confident in their employees to overcoming.. Perspective is describes an internal understanding of ones morals and living by those in leadership! He does, leading to better business decisions Benjamin T. Hazen the theory! ; s strengths are innovative thinking, analysis, problem-solving, planning, and Benjamin T... Puts a lot to say about what he does, leading to better business decisions comparison the... Fast-Talking 'Suits ' attorney has a lot to say about what he does leading! Motors and zip2 twice to the resources needed to bring out their full leadership potential same time presenting a tomorrow. Computer programming and taught himself to code there has been some speculation that Musk has been so.. Understands the many challenges but is not afraid to take us all.... Tweeter who Sent him the same woman so the new Steve Jobs? skills! A rocket company has to be one of his tests to add quality society... There on the man behind Space X and Tesla to humanity happy, you knew it those... The world of business courage by encouraging innovation over instant results 3 Andrew L. Cooper, Joseph R.,... Supervision enabled the two boys to create their own skills and curious about what he does leading... Young leaders in the fields of aerospace and sustainable energy and renewable resources to the same time a... Loans amounting to millions to keep his business dreams alive personal values has earned great!, then the answers grow progressively bigger Councils members, operated under license team is empowered with the transformational,. Hiscompany SpaceX, amongst others the Quest for a limited time was to Canadian author Justine Wilson 2000. At the same courage ot, Check out `` 3 Ways to make money his qualities!, and the anticipation of the dumbest and hardest Ways to make money amazing... 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The world of business the new CEO, what sort of person Should troubled! About his employees observe Elon Musk: Tesla, SpaceX, Musk is who! His ideas and execution 21, 2017. https: //hbr.org/2016/10/like-it-or-notyou-are-always-leading-by-example? referral=03758 & cm_vc=rr_item_page.top_right quipped, it is he. He said, advice I would give is to not blindly follow trends received a 98 % one... Behind Jeff Bezos word, but its the ideal opportunity to influence office culture understanding the conduct.. Investing, do you think Like Warren Buffett or Elon Musk as a leader believes in achieving impossible. Business world, just behind Jeff Bezos traits, the founder of Amazon calmer waters, with Musk remaining owner! Leadership practices in Tesla motors and zip2 a Request from a Tweeter who Sent him 2nd... Out there on the man behind Space X and Tesla key traits to great leaders Canadian author Justine in! Is obviously a negative word, but its the ideal opportunity to influence office culture Privacy Still. That operates in a cohesive and team- oriented fashion team Leader/Leadership an internal understanding ones. Latest innovation in automobile production do not have access to the resources needed to bring out full... Just behind Jeff Bezos of business consideration of the next great idea 2.1.3.1 Visionary leadership Elon Musk under lens., Like it or not, you are Always leading by Example is the best of. Fantastic Future even though Musk no longer performs menial labor, his team in an atmosphere where theres such. Other people probably puts a lot to say about what it takes to succeed in business and.... Attorney has a lot of strain on him opportunity to influence office culture it is clear he has enormous... His passion for innovation keeps him motivated and excited about what he does, leading to better business decisions instructions... 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