as well as other partner offers and accept our. But conscious leaders take the opposite route. Elon Musk, founder of Boring, SpaceX and Tesla, is a visionary, as was Steve Jobs, co-founder of Apple. For example, if you see an employee working 90 hours a week, send them home. Therefore, Elon musk follows the transactional leadership style that helps him achieve short-term goals. Autocratic Leadership Style Autocratic leadership is an extreme form of transactional leadership, where leaders have complete power over staff. Some of the famous ones will include Adolf Hitler, Vladimir Putin, Kim Jong-un, Elon Musk from Tesla, and even the previous president of United StatesDonald Trump. The idea of empowerment in its employees makes it easier to be more innovative. Experts say Elon Musk's iron-fisted Twitter. Like many famous business owners, such as Warren Buffett, Mark Cuban, Oprah Winfrey, and Bill Gates, Musk has spent a large portion of his life reading and obtaining knowledge to guide his companies to success. Photo by Christophe Gateau/picture alliance via Getty Images. Autocratic leadership is a leadership style where the leader makes all the decisions without taking any inputs or suggestions from the group members. 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. Question and challenge the status quo. In a TED conversation with Chris Anderson, he states he looks at problems from a different perspective than most people. Our programs were designed by world-renowned coaches. 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. There is full disclosure of his goals throughout the organisation, and he makes his learning environment known. Even those who have stayed are likely to remain distracted. Musk's leadership behaviors coincide with each of Bennis and Nanus' four strategies typically used by transformational leaders (1985, in Northouse, 2013). . People management skill is one of the leadership skills which is being possessed by Elon Musk. Bureaucratic Leadership 7. Tesla has been one of the most innovative companies in the world in recent times due to the operations that it has incorporated and came up with new products for the betterment of society. There are further divisions in this structure. He believes there's a better way to do everything, and he sets his sights on constant improvement. Elon Musk is the eldest child in the family with younger brother Kimbal and sister Tosca. All of his qualities and traits cannot be described in words. Gece Kitapl. Twitter employees were given previews of Elon Musk's harsh leadership style during his years at Tesla and SpaceX. Even during these dark times, he still demonstrated impeccable leadership skills that motivated his team to keep pushing forward. As leaders make these tough decisions, its tempting to take the emotion out of it, Jenn Lim told me. Tesla, being a manufacturing company, is not without its problems. Elon Musk's leadership style at Twitter isn't something to emulate, HR pros say. . . Most of the leaders used to say to get their jobs done somehow or they used to say it is good enough even though their works are not being done properly. Thanks so much Marlee, I miss you already", I found the importance of setting goals. Recognize and acknowledge people for all of their hard work. His first philosophy of leadership is creating a vision. 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. Since buying Twitter, Elon Musk has conducted mass layoffs and reportedly ordered 84-hour workweeks. . In each of his ventures, Musk has managed to mobile people to accept a new group identity and a new philosophy. Hence, it has resorted to Power Wall, Solar Roof and PowerPack and moved his vision into renewability for homeowners and business. They both inspire and grab attention. The human resources over at Tesla also develop "cutting edge products" that compete with competing firms. When theyre being upheld, the true character of an organization has the opportunity to show its humanity.. Transformation leadership is all about developing new ways to process the operations of the business. While a person can show traits in all of the leadership styles, one leadership style is usually more dominant than the others. . 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 . Impact of leadership on organisational performance. Additionally, open up lines of communication around mistakes and discuss ways to improve. Inaction leads to doubt. In December 2016, according to Forbes, he was ranked 21st powerful people of the world. The autocratic management style is the polar opposite of the Democratic or Laissez-Faire leadership style. 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. Elon Musk exemplifies the creative side of autocratic leadership. Of nearly 18 million respondents, 58% said yes, he should leave the position. Musk showed how to be effective & being trustworthy among the followers in times of crisis. He has also suggested that "they feel a part of a larger team and by reducing the noise and blockers in their work." Differences between Credit Card and Debit Card, 12 Important Considerations for Buying a Home in Navarre. . Support teams and their leaders to freely express themselves, understand each other better and enjoy collaborating. In an autocratic leadership style, the autocratic leader looks into every task or step performed personally. Elon Musks leadership qualities are awe-inspiring but can also verge on being borderline toxic. 1st ed. He compares his duty as oxygen. Elon Musk is a successful serial entrepreneur with a reputation as a creative genius who founded PayPal, Space X and the Boring Company. Yet, as previously explained, there are a few behaviors youll want to avoid. By clicking Sign up, you agree to receive marketing emails from Insider Without any announcement, he named himself Twitter's CEO on internal company profiles. He also has the emotional intelligence to bring the best out of his team, and we can attribute all this to his vast success. Leaders, take note: If you're trying to get your people to stay loyal and engaged, you probably shouldn't copy Musk's playbook. Like Steve Jobs, he is highly respected and revered for his genius, but that doesnt change the fact hes still notoriously difficult to work with. It can be evaluated ) that the transformational leadership and Therein lies the danger, he cautions and warns organizations, Should these brands follow Musk's example, they will not be able to attract and retain enough top talent for a fully in-office mandate to be a valid strategy. The setting of objectives makes the goals easy to follow as a benchmark that can be measured against Stretch goals is essential for accomplishing them. Everyone in Tesla is in an abusive relationship with Elon, a past executive told writer Charles Duhigg. Otherwise, its not., There have to be reasons that you get up in the morning and you want to live. His plan will take eight years to build at a cost of about $10 billion. At the heart of Musks businesses is hard work that achieves a meaningful purpose. Nevertheless, Musk isnt a ruthless, task-oriented dictatorhes obsessed with delivering excellent results. 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. He believes theres a better way to do everything, and he sets his sights on constant improvement. Why do you want to live? 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). This type of bold leadership also leads to employees' empowerment and pushes their drive to do better. A transformational leader inspires his employees. To follow this strategy, ask why and keep questioning the conclusions you reach until youve found the root cause of the issue. 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. Today, insights show that there are 70.4 million freelancersabout 36% of the total Do you know someone who will go to any lengths necessary to get what they want, often scheming and manipulating Taxes for sole proprietorships include federal and state income taxes and self-employment taxes. Elon Musk, one of the most creative leaders of our time, is widely seen as a visionary. For example, is there a particular boundary those in your industry say cant be crossed? Ibrahim, A. and Daniel, C., 2019. Elon Musk does not have a democratic or aristocratic way of leadership. Words, tone, and cues all affect relationships. So, from the discussion above, it is clearly stated that how Elon Musk is so passionate for his work. But even so, being too bold can result in bad leadership. Starting a business can feel like a whirlwind. If things are not failing, you are not innovating enough., Elon Musk quote: Work like hell. Ultimately, a Tesla is doing it, so we can too strategy would be highly risky for most organizations., The best way for leaders to stay true to company culture when confronted with the kinds of tough decisions Elon Musk faces is to reverse making emotionless leadership decisions. International Review of Management and Business Research, (2). Experts on workplace leadership assert that so far Musks leadership style is headed in the wrong direction. He always strives for excellence and does not set on mediocrity. Schedule out reasonable completion dates for all work. According to him, this special philosophy is maintaining unique standards of excellence and clearing predictable paths of progress. Explore, develop or strengthen your emotional intelligence (EQ). He has a unique way of thinking about problems. 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. It can be evaluated that the transformational leadership and transactional leadership executed by Elon musk both positively impact the performance of the employees and the organisation (Yauney, 2018). The Influence of Transactional Leadership Style and Work Culture on Work Performance Mediated by Work Motivation. 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. Prepare employees for failure by teaching them how to recover when it happens. To say Musk is innovative would be an understatement. 2). I always see whats . From his inspirational TED talks, he quoted that As a leader, you teach others how to treat your brand by how you treat your brand. 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. Suppose one were to explore the idea of a transformational leader further. Musk is directly going against both of these factors by taking away all flexibility and forcing a minimum of 40-hours-per-week.. But "it's ridiculous to do so," she said, because some workers even those accustomed to late nights and endless hours of coding will eventually leave for a job with better work-life balance. They help their employees in every field they need to excel in. Be sure to lead this exercise by sharing your own failures and how you rise above them. It is not that easy to lead these multiple businesses in a parallel way. While some of his ideas are unattainable, he has the ability to get people excited about his ambitions, projects, and plans. 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. As Insider reported, tech workers remain coveted despite widespread layoffs and worries about the strength of the economy. Elon Musk has put the company's workers through a great deal of pain and . He has big ideas and wants to unite his team around his (sometimes outrageous) vision and objectives. I have OCD on product-related issues, he said in an interview with the Wall Street Journal. . The tesla company has aimed to provide the most innovative products to its customers for which he uses the transformational leadership style which emphasises on innovation and development of the skills of the employees that helps the company to perform better and create a competitive environment for the rivals by bringing in innovation within the company (Yauney, 2018). Leading by example is another great option. Hire remotely with confidence, get insights to ideal questions to ask candidates, qualify candidates faster, match to ideal role fit. Twitter didn't respond immediately to a request for comment on Musk's shake-up when this story was originally published in November. Period, said Jim Cantrell, the first engineer at SpaceX. tactics are inhumane and dangerous, plus they go against the grain of modern workplace research. Subscribe to weekly insights & inspiration: Oops! Thumbs up Marlee!, "Wow this program has totally changed my relationship to goals! Leaders place a heavy emphasis on deliverables because, for the business to stay alive, grow, and fulfill Musks vision, team members must complete these objectives. Musk's reign at Twitter, which began when he took ownership of the platform in late October, has been chaotic. (Uysal, Aydemir and Gen, 2017), Communication is substantial when it comes to good leadership. Its a mindset. Elon Musk is considered one of the most influential leaders in the contemporary world. Also, employees are happy and energetic in their roles then they are going to bring success to the company. One bit of advice: it is important to view knowledge as sort of a semantic treemake sure you understand the fundamental principles, i.e. In many ways, hes exhilarating and motivating. The best example of his articulation a powerful vision can be given here: the state of California is investing in a $68 billion high-speed rail line between Los Angeles and San Francisco that will take three hours traveling 200 miles per hour. Therefore, in today's world, there needs to be for the employee to be "externally motivated. He always looks for an innovative invention. "He's highly intelligent. De-risk investment, identify high performing founders & teams, identify blind spots, benchmark against successful founders. . 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. X27 ; s leadership style autocratic leadership is creating a vision '' that compete with competing.... 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