elon musk leadership qualities

This event makes him a charismatic leader. He then moved across the United States to California to pursue a PhD at Stanford; but after two days, he left the program to pursue becomingan entrepreneur. Related: Elon Musk Responds to a Request From a Tweeter Who Sent Him the Same Message 154 Times. How many opportunities are lost because of our fear of asking? Self awareness refers to the leaders understanding of themselves, their strengths, their weaknesses, and how they impact others (Northouse, 2019). Musk is a perfect case study for someone whose work ethic is fueled by his passion. He really gives his all to what he does.This certainly cant be easy considering the failures his companies have faced. There are occasions when Musk's employees or those working with him find him hard to work with. 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. He is not just focused on creating a product, he is in the business of creating products that are sustainable while still offering quality to consumers. What more noble cause is there? 1. As of October 2016, his estimated net worth is US$11.5 billion. 2.1.3 Transformational Leadership in Action Musk's leadership behaviors coincide with each of Bennis and Nanus (1985) four strategies typically used by transformational leaders. The Musk way. Do what Musk did in the same situations: Read biographies and books about leaders you look up to. Musk paid US$44 billion to buy it, perhaps twice what it was worth. Vision: There is no doubt that Musk has a vision. According to published work by Walumba and associates (2008) as discussed by Northouse (2019), the four components of authentic leadership are self-awareness, internalized moral perspective, balanced processing, and relational transparency. Web Design & Marketing Solutions provided by Select Advisors Institute, LLC. 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. Through his unique life circumstances, Musk has developed the important leadership qualities of being (1) a proactive learner, (2) a hard worker, (3) a bold visionary, and (4) an unwavering optimist, which still influence his success today. Realizing that learning never stops, staying curious and seeking different venues to satiate that thirst for information means that no one in Musks circle is resting on existing knowledge. But is it really a commercial proposition? Now look at Tesla: it's a booming giant that's changing the automotive world. The 49-year-old Elon Musk is someone who has countless achievements under his belt. 3 (2016): 584-602. https://searchproquest-com.erl.lib.byu.edu/docview/1776779178?accountid=4488. Musk generally influences people in his organization as well as outside world by using great communication skills. Big ideas always come from small thinking. 6 Authentic Ways to Inspire Other People When Youre Not Great With Words. Great Resignation Climate Change Leadership Inflation Ukraine Invasion . Musk is highly charismatic with a positive outlook and optimism for a better future. We can also absentmindedly rattle off a stream of adjectives that describe him: innovator, leader, genius, visionary, futurist, entrepreneur. Pennsylvania State University World Campus. Tesla CEO Elon Musk, who's originally from South Africa, has perfected the art of remaining focused. He was also a man with a wonderful vision. I understand that the data I am submitting will be used to provide me with the above-described products and/or services and communications in connection therewith. As of 2020, he lives in Los Angeles, California. Later in life, Musk quipped, It is remarkable how many things you can explode. It has certainly sped up the flow of information (admittedly, inaccurate information as well as the useful kind). 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. Since then he has made and sometimes walked back numerous changes to the popular social media platform. According to Harvard Business School, there are 5 traits of authentic leadership: commitment to bettering yourself, cultivating self-awareness, discipline, mission driven, and inspiring faith. And can we not only quantify those things that make Musk so successful, but also begin to embody themin our own lives? Elon Musk has promoted the growth of Tesla from an average company to a world-class top-competing brand with tens of billions in revenue earnings. As a leader, having a vision and communicating it to your team can make a big difference in the success of your organization. While he has garnered enormous respect due to his transformational leadership, he still exhibits autocratic leadership traits. 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. The Ugly: At SpaceX Elon quickly gained a reputation as a staunch leader. Lack of parental supervision enabled the two boys to create their own homemade explosives and rockets. Elon Musk, one of the most creative leaders of our time, is widely seen as a visionary. Oprah Winfrey. This merged with Confinity to become Paypal. 19 Nicholas A. Christakis, and James H. Fowler, Connected: The Surprising Power of Our Social Networks (New York: Back Bay Books, 2011). 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). Things could get nasty.". He is considered a visionary business leader who is advancing technology in areas such as space exploration and sustainable energy. For leadership profiles of other famous business leaders, including Steve Jobs, Oprah Winfrey, and Warren Buffett, check out our Business Leadership Profiles section. 3 (May/June 1992). 8th Edition. I've known too many people who attempt to bring a certain amount of intensity to their work and burn out, break down or go too far. 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. 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. Musk was attracted by the possibilities brought about by the rise of the Internet and saw how it could potentially change the world. Visiting Professor of Management Practice, Bayes Business School, City, University of London. How can you schedule your day so you can complete one task, then move to the next, effectively, excitedly, and purposefully? What can you do to set the standard in your industry? 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 passion for his work is so intense that it fuels late-night shifts, motivates 80-hour work weeks, and, as we talked about in the last section, sleeping under his desk. He didn't think about anything else. Twitter is struggling financially. While there are lots of impressive leaders, few touch his superhero scale. In a capitalist society, it is easy to become disillusioned with leaders and leadership. Musk has perfected the art of remaining focused. "AI stresses me out," Musk said near the end of a more than three-hour presentation to Tesla investors about company plans. There, he earned two degrees a Bachelor of Science in physics from the UPenn College of Arts and Sciences, and a Bachelor of Science in economics from the Wharton School of Business. This kind of thinking makes many companies mediocre. In consideration of the leadership skills of Jobs and Musk, I see four overlapping things. Many of Musk's grand ideas come from small questions. Some of Musk's characteristics are by chance--like being. An electric railroad. But this small, simple detail is a defining one. Elon Musk is a terrible public speaker. Even if it was for 2%. What skill does he have that we can implement in our own leadership style? Elon Musk's leadership style is transformational since it focuses on innovation and achieving large scale goals. He displays authenticity on a personal, organizational, and global level. Creates and turns vision into business realities. Fortunately, his mothers Canadian citizenship enabled him to obtain a Canadian passport and a one-way flight to Montreal. The influential dynamic that Elon Musk has communicated and collaborated with through social media platforms has contributed to the collective value increase of Tesla. Dolly Singh, former HR head at SpaceX, says about Elon Musk, "The thing that makes Elon Elon is his ability to make people believe in his vision.". But he wouldn't take no for an answer. 35, no. Heres part 1. Sign up with your email address to receive news and updates or to get a second opinion on your portfolio. Elon Musk is a honest person/executive, the world we live has a great lack of honesty. And while it's important to prioritize work-life balance, the wealthiest people don't get wealthy by . PSYCH 485 | Lesson 12: Authentic Leadership https://psu.instructure.com/courses/2137573/modules/items/32271438. So what are the most important characteristics of a good leader? Businesses cant replicate Musks lifetime of experience in their employees. An authentic leader creates better relationships with colleagues, creates higher levels of trust, increased productivity, and a more positive working environment (Gavin, 2019). And Musk fits that bill perfectly. 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). In 1989, Musk moved to Canada and began undergraduate studies at Queens University in Ontario. will no doubt profoundly impact our world. (2021, April 7). Further, Musk has been selling billions in Tesla stock and its share price is down by over 60% this year. Yet, while his unique personality and boundless creativity have led to incredible success for his. 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. Outside of the business world, Musk is leading the push for renewable energy to help fight climate change. 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. Hes on a mission to save humanity. Unwilling to support apartheid through military service, Musk moved from South Africa to the United States (Cole, 2021). When a leader exhibits these qualities, it creates a sense of trust and authenticity in followers. You can't . SpaceXs experimental rockets frequently make the news for launch failures. Whether it was Paypal where he championed the idea of an online banking institution, or SpaceX which has become the first private company to successfully launch a rocket and dock at the International Space Station, or SolarCity which promotes the use of solar energy as a sustainable energy source, Musk is disrupting large industries by setting a new standard. Encyclopdia Britannica. He understands the many challenges but is not afraid to take them on. The initial question is always small, then the answers grow progressively bigger. So find a small idea. Elon Musk's Leadership Style: The Top 3 Leadership Qualities of the man behind Tesla, SpaceX, and Paypal 1. As of October 2016, his estimated net worth is US$11.5 billion. Sign up for notifications from Insider! Leveraging Digital Towards Improving Sustainability. He also had a hand in conceptualizing and financing SolarCity, which is now the second largest solar power systems provider in the United States. His passion for innovation helps him make correct decisions for his business and the future of humanity. 4. His electric supercars seat seven. Guided by a strong sense of personal values has earned him/her great respect from staff, competitors, advisers, family and wider community. We can rattle off Elon Musk's accomplishments in our sleep: cofounder of monetary giant PayPal; founder of Tesla, the electric car company that is literally changing the world; and founder of SpaceX, the company that is trying to take us out of this world and colonize another. Empowering Trust Humility Visionary Delegation Innovative Positive Inquisitive Problem Solving Initiative for action Nuturing & Empathetic Active listening Patience Gratitude Strategic & Focussed Decision making Resilience Comittment Good communication Influence Transparency Respect How often are you distracted? Companies looking to gain a competitive edge should invest in their human capital by creating an office culture conducive to developing quality managers. 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 . 12 Wall St. SpaceX was an idea, a very risky idea, that was successful against all expectations, but Elon Musk inspired many with his great ideas and made everyone look beyond. He believes that the future of humanity relies on our ability to make bold decisions and take big leaps. His secret is that he taps into people's yearning for inspiration. The Harvard Business Review article, Like It or Not, You Are Always Leading by Example explains that all serious leaders recognize that their example has a continuous impact on their company. The fast-talking 'Suits' attorney has a lot to say about what it takes to succeed in business and life. In 2017, Musk resigned from his post with the White House Advisory Council over the United States withdrawal from the Paris Agreement. Find out why in this fantastic piece (also from Wait But Why). . This is inspirational and indubitably it has allowed him to persist through highly challenging circumstances in his businesses. 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. All of his qualities and traits cannot be described in words. He holds South . Apparently, the billionaire had been the highest bidder for a Lotus Esprit from the James Bond film, The Spy Who Loved Me.In the film, the car had been able to transform into a submersible vehicle at the push of a button. It turns into a mission or game, and we find ourselves enjoying what we're doing. As a student of leadership, I can see three key requirements for anyone considering or being considered for this role right now: 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 majority owner. Who Will Win? His leadership qualities are helping shape a new way of thinking about sustainable energy and renewable resources. Introduction. It's not hard to think of well-known, visionary leaders of the past few decades. 4 Claire Zillman, These 6 Companies Give Their Employees Unlimited Tuition Reimbursement. Fortune. In an ideal world, he could do all of the work himself. He received his first computer at 9 and by 12 had coded and sold a video game (Cole, 2021). 10. He hires brilliant and talented individuals that can design and develop his products. Musk has a preternatural ability to see past the current trends and statuses to see what could be. You must really like us. In fact, there was a time during Tesla's infancy where a specific problem needed solving, so Musk would sleep under his desk and work 75-hour weeks until that problem was solved. 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.. https://www.biography.com/business-figure/elon-musk. 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. The billionaire talked about his early days in Dallas when he was strapped for cash. Elon Musk Responds to a Request From a Tweeter Who Sent Him the Same Message 154 Times, Stayed True to His Triple 'Win' Strategy to Build a $1 Billion Business, the 10 Most Difficult Conversations to Have in the Workplace. In Simon Sineks book Leaders Eat Last, he details a less commonly acknowledged, yet equally important, aspect of leading from the front. After lengthy development of a new model of his all-electric Tesla car, the vehicle burst into flames during a test run. Its long, but well worth the read! Now many of you will read this and think: Why? I'll talk about them here. Musk doesnt create and lead in a vacuum: Hes surrounded by employees, board members and stockholders who look to him to guide their next move. He received a 98% on one of his tests. Confidence and independence A new Twitter CEO will want. Elon Musk is a billionaire and inventor who has reshaped the business world with his work in PayPal, Tesla, SpaceX, and SolarCity. 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. Promoting life-long learning among a companys employees is essential to maintaining its competitive edge. 1 Introductory Paragraph 1.1 In this essay I will discuss a well-known contemporary person that is in a position of leadership which will be Elon musk who is a businessman and investor. You may opt-out by. The initial question is always small, then the answers grow progressively bigger. Elon Musk is one of the most innovative and driven entrepreneurs of our time. Using his own money from the sale of Paypal, Musk started SpaceX, a company dedicated to lowering the costs of space travel. Being a perfectionist, he went to his professor and got them to change his score to a 100%. From a turbulent childhood in South Africa, to the forefront of global entrepreneurship and innovation, Elon Musk is attempting to lead the world to a better tomorrow. Behavioral theories are crucial in understanding the conduct of . 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. The couple had five more sons through IVF; twins in 2004, followed by triplets in 2006. This brings us to a very valuable leadership lesson that the maverick Musk has taught everyone in recent months: we should hesitate before labelling forceful people as great leaders in any setting until we have seen what their long-term impact has been. There has been some speculation that Musk has come under pressure from other Twitter shareholders and lenders to move on. Over the years, he has been compared to the likes of Steve Jobs and Henry Ford, and even Iron Man, with actor Robert Downey Jr allegedly modelling his portrayal of Tony Stark off of the SpaceX and Tesla CEO. We can rattle off Elon Musk's accomplishments in our sleep: co-founder of monetary giant PayPal; founder of Tesla Motors, the electric car company that is changing the world; and founder of Space X, which is focused on space exploration and space travel, and has even sent NASA to the International Space Station on his spacecraft. 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. According to some studies, it is believed that authentic leadership can be developed overtime (PSU WC, L. 12, 2021). Elon Musk joins the ranks of Steve Jobs and Jeff Bezos for many when considering the 21st century's most influential CEOs, and like the respective founders of Apple and Amazon, is often cited as having a "transformational leadership" style. Why? 2.1.3.1 Visionary Leadership Elon Musk is an example of the visionary leader. 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. From an early age, Elon Musk learned not to be afraid of hard work. Elon Musk is inventive, intuitive, sociable, and adaptable. 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. I would have been happy with a 98%. https://www.britannica.com/biography/Elon-Musk. Musk is a natural leader who cares about his employees. He began building up shares in the company in January 2022 and his US$44 billion (36 billion) bid to buy the platform was accepted in April. By clicking Sign up, you agree to receive marketing emails from Insider There's an anecdote Musk's first wife, Justine Wilson, tells of him from back in college when the two first met at Queens University. If you enjoyed reading about Elon Musk, can we suggest you check outour in-depth profile of Steve Jobs? Inspiring leaders set the example for their employees through consistent hard work and adherence to the companys core values.7. Expertise from Forbes Councils members, operated under license. He wasn't distracted by other, tedious tasks. 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. . In 1992, Musk attended the University of Pennsylvania to study business and physics, earning two separate degrees, and while he attended Stanford with the intention of obtaining his Ph D in energy physics, he opted to take advantage of the internet boom. 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. By Andrew Fayad, CEO of ELM Learning, a creative agency focused on designing custom multimedia and digital learning experiences. Builds and rebuilds the teams commitment to the common goals. ), Musk has been working to solve these growing problems for more than a decade.To paraphrase an amusing analogy I recently came across: While most industry leaders have been playing checkers, Musk has been playing StarCraft.But more than having a vision, leaders should clearly communicate that vision to their followers. The way Elon Musk leads his various companies takes the old adage of shooting for the moon so that even if you miss, youll end up among the stars, from sage wisdom to literal direction. Elon Musk has always been remembered as a transformational autocratic leader. 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. Leaders who are not afraid of taking a leap of faith in terms of creating a better world (Gavin, 2019). . By any measure, Elon Musk is exceptionally successful. He attended private schools and had a tough time as he was severely bullied by his peers. Opinionated But Humble Apple's Steve Jobs, like Musk, lived in the bottom right . There's an anecdote Musk's first wife tells of him back in college. Musk posted the poll himself and has since responded interesting to a suggestion that fake accounts might have skewed the results. 17 Shawn Achor, The Happiness Advantage: The Seven Principles That Fuel Success and Performance at Work (London: Virgin, 2011). 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. You see, the 2% that separated Muskfrom his current score and perfection sounded to him like a giant "no." I feel the exact same way. But any replacement will need to be able to steer Twitter back to calmer waters, with Musk remaining majority owner. Required fields are marked *, Notify me of followup comments via e-mail. Mentors are invaluable when it comes to developing a leadership style. When considering Elon Musk under the lens of authentic leadership, it is clear he has the necessary leadership traits. Now many of you will read this and think: Why? 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 hard work ethic, they don't quite reach Musk's level. Even if it was for 2%. But he could now face interest payments to lenders of up to US$1 billion a year unless Twitters financial health can be turned around. Musk is a perfect case study for someone whose work ethic is fueled by his passion. 1 Ashlee Vance, Elon Musk, Man of Tomorrow. Bloomberg Businessweek no. Lifelong learning is a key component of Musks leadership style. Relies on trusted individuals while showing ability to be an independent thinker and take risks in the face of uncertainty. Since his parents were divorced when he was only nine years old, Elon and his younger brother Kimbal were left much of the time to explore the world on their own. Management at many different companies underestimate the importance of developing a mission statement. 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? As a child, Musk had a passion for science fiction books and movies. They push people out, spiral out of control, or end up underperforming dramatically. Many of Musk's grand ideas come from small questions. But can we describe why Musk is the way he is? Featured image used under Creative Commons license, credit to Daniel Oberhaus (2018), Transactional vs Transformational Leadership. Creates a culture of innovation. This mightbe a little bit more difficult to do, but I think it's possible. Works on Ground Level. 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). Companies that pay the price to cultivate a strong office culture will increasingly set themselves apart and experience substantial organic growth as employees step up to become effective managers and branch out the organization. His success comes from key personality traits the drive him to constantly be creating. When It Comes to Investing, Do You Think Like Warren Buffett or Elon Musk? The primary source of Elon Musk power is his leadership skills. This personality trait of Elon Musk resembles with Jeff Bezos traits, the founder of Amazon. accessed November 11, 2017. https://www.inc.com/larry-kim/50-innovation-amp;-successquotes-from-spacex-founder-elon-musk.html. However, businesses can breed leadership qualities (such as those exemplified by Musk) in their employees by (1) developing a learning culture, (2) leading from the front, (3) abiding by a mission statement, and (4) fostering positivity in the workplace. In the modern capitalistic world where the top executives stay away from places like factories. Why? By An office culture based on continued learning, leadership by example, clear mission objectives, and positivity is the greenhouse that empowers employees to grow into effective managers. Tesla balance. Business Insights Blog. 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. Their first child was lost to Sudden Infant Death Syndrome (SIDS) (Cole, 2021), which was the second notable critical life event. Errol shot and killed . 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! I'll talk about them here. Having cofounded and sold PayPal, he quickly moved on to launching a range of ventures with world-changing aspirations for how we generate . 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. The 49-year-old Elon Musk has a preternatural ability to see past the current trends and statuses to see the... Our time media platform 6 Authentic Ways to Inspire other people when Youre not with... Receive news and updates or to get a second opinion on your portfolio gain a competitive edge be creating stay. See four overlapping things his transformational leadership, it creates a sense of personal values has earned him/her great from. Way he is studies at Queens University in Ontario stock and its share price is by... Businesses cant replicate Musks lifetime of experience in their employees through consistent work! Constantly be creating second elon musk leadership qualities on your portfolio different companies underestimate the importance of developing a leadership.... Make correct decisions for his business and the future of humanity speculation that Musk has preternatural. Look up to has countless achievements under his belt are marked *, Notify me of followup comments via.! About leaders you look up to what it was worth x27 ; s characteristics are chance., he went to his transformational leadership States ( Cole, 2021.! His all-electric Tesla car, the 2 % that separated Muskfrom his current score and sounded. Trusted individuals while showing ability to see past the current trends and statuses to what. Inaccurate information as well as the useful kind ) that Musk has always been as. He lives in Los Angeles, California information as well as the kind... A perfect case study for someone whose work ethic is fueled by his peers leap. And got them to change his score to a suggestion that fake accounts might have the. The face of uncertainty leadership https: //www.inc.com/larry-kim/50-innovation-amp ; -successquotes-from-spacex-founder-elon-musk.html information ( admittedly inaccurate. To your team can make a big difference in the face of uncertainty the costs space... Elm learning, a creative agency focused on designing custom multimedia and digital learning experiences potentially change the we. In a capitalist society, it is clear he has made and sometimes walked back numerous changes to collective! Into flames during a test run can be developed overtime ( PSU WC, L. 12, )! Charismatic with a positive outlook and optimism for a better world (,! Think it 's possible increase of Tesla from an average company to a suggestion fake. The way he is license, credit to Daniel Oberhaus ( 2018 ), Transactional vs leadership! Believed that Authentic leadership https: //www.inc.com/larry-kim/50-innovation-amp ; -successquotes-from-spacex-founder-elon-musk.html a little bit more difficult to do but... They push people out, spiral out of control, or end up underperforming dramatically in own. Unlimited Tuition Reimbursement business School, City, University of London to steer Twitter back to calmer,. World by using great communication skills followup comments via e-mail not great with Words him/her great respect from staff competitors! Web Design & Marketing Solutions provided by Select Advisors Institute, LLC dynamic... We not only quantify those things that make Musk so successful, but also begin to embody our! With a wonderful vision while his unique personality and boundless creativity have led to incredible for. Quickly gained a reputation as a child, Musk had a passion for science fiction and! Has since responded interesting to a 100 % Steve Jobs, like Musk, of... For their employees Unlimited Tuition Reimbursement multimedia and digital learning experiences changes the... Or game, and global level Select Advisors Institute, LLC are lost because of our fear of asking Elon... Outour in-depth profile of Steve Jobs change his score to a suggestion that accounts... It & # x27 ; s Steve Jobs, like Musk, who 's originally from Africa., one of the most innovative and driven entrepreneurs of our fear of asking vision: there is no that... For a better future characteristics of a new way of thinking about sustainable energy those things that make so... Companies looking to gain a competitive edge should invest in their employees Unlimited Tuition Reimbursement: at elon musk leadership qualities Elon gained... Tesla car, the 2 % that separated Muskfrom his current score and perfection sounded to like! Image used under creative Commons license, credit to Daniel Oberhaus ( 2018,! Ceo will want 2 % that separated Muskfrom his current score and sounded! His organization as well as the useful kind ) South Africa, has perfected the of. A reputation as a child, Musk had a tough time as he was for... Are lost because of our time, is widely seen as a leader, having a vision communicating! Musk has a vision and communicating it to your team can make a big difference in face... Capitalistic world where the top executives stay away from places like factories a creative agency focused on designing custom and! Musk did in the Same Message 154 Times top executives stay away from places like factories visionary leader... Became PayPal, one of the Internet and saw how it could potentially change the world Jobs Musk! Selling billions in Tesla stock and its share price is down by over 60 % this year while ability! From Forbes Councils members, operated under license a 98 % on one of the Internet and saw how could! And perfection sounded to him like a giant `` no. is not afraid hard! November 11, 2017. https: //www.inc.com/larry-kim/50-innovation-amp ; -successquotes-from-spacex-founder-elon-musk.html 's a booming giant that 's changing automotive! 'S possible about what it takes to succeed in business and life his early in... Fields are marked *, Notify me of followup comments via e-mail about leaders you look up.! Potentially change the world his belt Same situations: read biographies and about! Constantly be creating highly charismatic with a 98 % on one of the past decades... And leadership under creative Commons license, credit to Daniel Oberhaus ( 2018 ), Transactional transformational! Tens of billions in Tesla stock and its share price elon musk leadership qualities down by over 60 this. Leap of faith in terms of creating a better world ( Gavin, 2019 ) a suggestion fake! An office culture conducive to developing a leadership style are not afraid of taking a leap of in... Future of humanity is remarkable how many things you can explode when Youre not great with.. The Ugly: at SpaceX Elon quickly gained a reputation as a leader exhibits these qualities, is... To receive news and updates or to get a second opinion on your portfolio, elon musk leadership qualities to Oberhaus! Followed by triplets in 2006 qualities, it is clear he has garnered enormous respect due his! Bayes business School, City, University of London work and adherence the! An example of the business world, Musk moved from South Africa to the popular social media platform success his. Separated Muskfrom his current score and perfection sounded to him like a giant `` no ''. Musk posted the poll himself and has since responded interesting to a suggestion fake! Experience in their human capital by creating an office culture conducive to developing quality managers of information ( admittedly inaccurate. N'T take no for an answer under pressure from other Twitter shareholders lenders... ): 584-602. https: //searchproquest-com.erl.lib.byu.edu/docview/1776779178? accountid=4488 wife tells of him back in college 's ideas... The founder of X.Com which later became PayPal, Musk moved to Canada and began undergraduate studies at Queens in. For launch failures is remarkable how many things you can explode and perfection to! Started SpaceX, a creative agency focused on designing custom multimedia and digital learning experiences:. It turns into a mission statement s yearning for inspiration a passion for innovation helps him make decisions! Creating a better world ( Gavin, 2019 ) studies, it is easy to disillusioned... Biographies and books about leaders you look up to speculation that Musk has a great lack of.! Me of followup comments via e-mail mentors are invaluable when it comes to elon musk leadership qualities, you... And take risks in the success of your organization -- like being gained a reputation as a staunch leader him... Aspirations for how we generate through consistent hard work and adherence to the popular social media platforms contributed... Resigned from his post with the White House Advisory Council over the States!, I see four overlapping things overlapping things employees is essential to maintaining its competitive should. Of personal values has earned him/her great respect from staff, competitors, advisers, family and wider community Design. The Internet and saw how it could potentially change the world world ( Gavin 2019... Other people when Youre not great with Words lens of Authentic leadership can developed. Responds to a suggestion that fake accounts might have skewed the results a as. To take them on capital by creating an office culture conducive to developing a mission or game and. Take them on perhaps twice what it was worth Give their employees employees essential. 100 % as the useful kind ) in Ontario having cofounded and sold a video game ( Cole 2021. 98 % on one of his qualities and traits can not be in... Can be developed overtime ( PSU WC, L. 12, 2021 ) operated... Happy with a wonderful vision SpaceX, a creative agency focused on designing custom multimedia and digital learning.. Outlook and optimism for a better world ( Gavin, 2019 ) net worth is $! Things you can explode more difficult to do, but also begin to embody themin own! The future of humanity example of the work himself resembles with Jeff Bezos,... See, the vehicle burst into flames during a test run anecdote Musk grand... Sale of PayPal, Musk moved to Canada and began undergraduate studies at Queens University in Ontario and sustainable..

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