If you are trying to find some autocratic leadership examples, you can actually find it in many renowned leaders. Since graduating with her Master of Arts in 2015, Over the past decade, Elon Musk, founder of SpaceX and CEO Tesla Motors, has sealed his status as one of the worlds greatest entrepreneurs. Elon Musks tactics are diametrically opposed to what evidenced-based research findings and expert opinions recommend. There are various ways that Tesla keeps an eye on its workers and their required objectives. Boost your career skills that will help you thrive and stay ahead of the game in the demanding Future of Work. Its not a recipe for happiness.. Our expert coaches have designed hyper-effective programs that will help. Although he does not entirely give in to the total authoritarian control over the organization, he takes little input when coming up with a decision. I always see whats . Youre encouraged to behave like a little gear in a complex machine. Odumeru, J. and Ogbonna, I., 2013. So, how can business owners and executives implement the positive aspects of Elon Musk as a leader at Tesla, SpaceX, The Boring Company, and Neuralink? Elon Musk's leadership style is very unique. Transformational vs Transactional Leadership Theories: Evidence in Literature. In a post on Quora, Dolly Singh, the former head of talent acquisition at SpaceX, wrote that after the loss of Falcon One in 2008, A failure in leadership would have destroyed us not only from the eyes of the press or potential consumers but it would have destroyed us internally. Knowing this, Musk addressed his team with a motivating speech that described their mission and the fact that they would not give up despite this setback. The organisation practises a certain level of centralisation, and this can be disadvantageous because, with everything controlled at the centre, there can be unresolved issues in the regional offices. There are further divisions in this structure. But he also prefers to work alone and don't . In December 2016, according to Forbes, he was ranked 21st powerful people of the world. While a person can show traits in all of the leadership styles, one leadership style is usually more dominant than the others. 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. Its just that I thought they were important enough to do anyway., Relevant F4S motivations: achievement, goal orientation, future, present. Improve your team management skills, build a high performing team and radically increase team wellness. He always used to say, Failure is an option here. When theyre being upheld, the true character of an organization has the opportunity to show its humanity.. The message here is not one of doom and gloom. The unique way he thinks about challenges is what allows him to do this. It is important that people look forward to coming to work in the morning and enjoy working.. Explore, develop or strengthen your emotional intelligence (EQ). certain whether Twitter had informed the federal government. For example, Olsen et al. Everyone in Tesla is in an abusive relationship with Elon, a past executive told writer Charles Duhigg. . Musk earns the trust of his followers by being predictable and reliable, even in situations that are in uncertain. Autocratic leadership tends to get a bad name and often seems to be confused with having high expectations, as discussed above, which makes it difficult to find good examples of successful autocratic leaders that aren't dictators. Others are concerned that copycat leaders will emulate Musks tactics to get a bigger bang for their buck at the expense of employee mental health. 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. Delegation of work and interactions with employees can help boost employee morale. Improve cross-functional team collaboration, hire for culture fit, mitigate growing pains, increase team motivation. Secondly, he breaks down the problem into its fundamental principles. Get started by reading these 15 leadership books. In an article discussing Musk's transformational leadership style, the author shares, "As a transformational leader, Elon Musk, of Tesla Motors, demonstrates 'incredible vision, dedication, and perseverance' as he strives to actualize his vision" (Blazek, 2016, para. There are advantages too. Study work that establishes a foundational understanding of the subject. Reed Hastings, the chief executive of Netflix, praised Mr. Musk at a New York Times DealBook conference late last month, calling him "the bravest, most creative person on the planet.". Get to the core of the problem by using the 5 Whys method developed by Sakichi Toyoda, the founder of Toyota Industries. Discover the latest research and science-backed strategies for improving wellbeing and mental health for you or your team. Subscribe to weekly insights & inspiration: Oops! If other people are putting in 40-hour workweeks and youre putting in 100-hour workweeks, then even if youre doing the same thing, you know that you will achieve in four months what it takes them a year to achieve., Relevant F4S motivations: depth, doing, internal reference, activity, use, place. And Musk doesn't appear to be prioritizing clarity, which is critical in a merger or acquisition, Schmidt said. Explore, strengthen and stand by what you believe in at work and in life. Oprah Winfrey. How to Wage War Against Implicit Bias in the Workplace? When he faces a familiar problem or challenge, he simply writes down his assumptions about them. Autocratic leadership. When discussing his childhood, Elon Musk tells Rolling Stone, I was raised by books. The human resources over at Tesla also develop "cutting edge products" that compete with competing firms. He believes there's a better way to do everything, and he sets his sights on constant improvement. Musk showed how to be effective & being trustworthy among the followers in times of crisis. For example, when Tesla struggled through various crises of financial difficulty, Musk continued to fund the company out of his own pocket. Hes known for being opinionated and occasionally even short-tempered, and has gone off on his fair share of rants on Twitter. Strengthen your comfort and motivation to start conversations and initiate opportunities that can inspire hearts and minds in your team and in your life. (Uysal, Aydemir and Gen, 2017), Communication is substantial when it comes to good leadership. For example, Elon Musk uses the autocratic leadership style, labeling himself as a perfectionist and " nano-manager ." Apart from his just cars, Tesla aims toward a different set of energy-related solutions that will design our future. Top entrepreneurs on how to be a successful entrepreneur. Twitter employees were given previews of Elon Musk's harsh leadership style during his years at Tesla and SpaceX. So, like any leadership style, the Elon Musk leadership styleapproach comes with some distinct benefits and drawbacks. 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. 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. As Insider reported, tech workers remain coveted despite widespread layoffs and worries about the strength of the economy. De-risk investment, identify high performing founders & teams, identify blind spots, benchmark against successful founders. There is full disclosure of his goals. Elon Musk is a successful serial entrepreneur with a reputation as a creative genius who founded PayPal, Space X and the Boring Company. In a TED conversation with Chris Anderson, he states he looks at problems from a different perspective than most people. The self-made tactics billionaire Elon Musk uses to motivate his teams. International Journal of Business, Management and Social Research, 6(2), pp.367-374. In many ways, hes exhilarating and motivating. This helps him determine how to approach the issue and create an innovative solution. 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. . Discuss the importance of failure and how it leads to progress, growth, and innovation. Get fast, easy and effective coaching with the worlds first AI-powered coach, or chat with one of our human coaches. Ive always felt like my job was to take these ideas and turn them into company goals, to make them achievable., While Musk sets a high bar, he also recognizes that his team needs a high degree of psychological safety in order to pursue those stretch goals. Steve Jobs quote: "Be a yardstick of quality. Elon Musk has his own leadership philosophy. "He's proven us wrong with everything he's done in business.". His plan will take eight years to build at a cost of about $10 billion. Benchmark individuals or teams against the most successful entrepreneurs & business builders or compare across cultures. 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. 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. Subscribing indicates your consent to our Terms & Conditions and Privacy Policy. Free up time to work on the business by delegating duties that do not require your attention. The answer is simple: Musk set his sights on the nearly impossible. Find out more about his most endearing leadership qualities and how to use them to your advantage below. Says Dolly Singh, former HR head at SpaceX: "The thing that makes Elon Elon is his ability to make people believe in his vision.". Delegative Leadership 6. Elon Musk doesn't always follow one leadership style. For example, the Tesla management style is centered around meeting company goals. Musk encouraged and motivated his team with saying, For my part, I will never give up and I mean never. Develop a communication loop where the team gives one another feedback. When left unchecked, these two leadership styles can result in massive organizational problems. Trust in your gut feel and point of view is especially helpful for influencing and leading others, impactful communication and for living an authentic and meaningful life. A transformational leader inspires his employees. The employees are kept up to date so they can exercise their productivity freely. Instead of sitting around and philosophizing about how to change the world, they outline and execute a strategy that makes their vision a reality. Boil things down to their fundamental truths and reason up from there . 2023 Leaders.com - All rights reserved. A dogmatic and controversial leader, Elon Musk is one of the most influential CEOs and entrepreneurs in the world today. Bill Gates. Having exercised an autocratic leadership style at each of his various enterprises, including car manufacturer Tesla and space exploration agency SpaceX, he has regularly overseen prosperity and success. It's also not certain whether Twitter had informed the federal government or officials in California, where the company is based, about its plans for layoffs. Duggan, t., 2018. 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. Prepare employees for failure by teaching them how to recover when it happens. And if the action was incorrect, then you'll have feedback to quickly adjust. 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. At the heart of Musks businesses is hard work that achieves a meaningful purpose. He is also the CEO of and Chief Product Architect of SpaceX, which is a space exploration company and then it became the first private company to launch a satellite into geosynchronous orbit. Earning trust during the work is another philosophy of Musk. Reevaluate and improve the businesss strategy for achieving your vision. 1. (CNBC, 2017), There is also a sense of resilience in this organisation that he faces. The leader is the main person in charge of decision making and typically. It makes some people want to dig their heels into the ground and tackle the worlds greatest problems with the same level of tenacity. As a transformational leader, Elon Musk focuses on solving the worlds greatest problems. Let's take a look into each of them in detail. He has the skill of finding the talent by putting the employees in roles that are natural to their behavioral attributes. Sessions take just a few minutes and are 100% personalized to fit your unique traits and goals. Elon musk has developed the most innovative companies in the world like PayPal, SpaceX, and tesla motors. Tesla CEO Elon Musk just unveiled a cheaper Model 3. He possesses this great skill and he also knows the path how to achieve the powerful vision. If one was to consider Maslow's hierarchy, there is a certain level of motivation required for employees to succeed. Musk's reign at Twitter, which began when he took ownership of the platform in late October, has been chaotic. Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business. Elon Musk, founder of Boring, SpaceX and Tesla, is a visionary, as was Steve Jobs, co-founder of Apple. Tesla CEO Elon Musk is a self-described "nano-manager," as he told The Wall Street Journal in 2015, but his leadership style comes at a high cost to his business. Autocratic Leadership 3. "I wouldn't bet against him," Cadigan said. 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). The Tesla CEO and the founder of SpaceX are creative examples of autocratic leadership. I have OCD on product-related issues, he said in an interview with the Wall Street Journal. Close the gap between your great ideas and taking action on them. Differences between Credit Card and Debit Card, 12 Important Considerations for Buying a Home in Navarre. He says, I should not ask people to eat from the fruit bowl if I have not myself been willing to eat from the fruit bowl., We have many successful leaders in this world and, Leadership Qualities and Styles of Elon Musk, Being obsessed and being obsessive is the primary, Other Leadership Traits and Philosophy Elon Musk, Leadership Qualities, Skills and Style of Jack Ma Yun, Differentiated Marketing Strategy Definition, Explanation, Advantages, and Examples, Leadership Qualities, Skills and Style of Jack Ma, Best Calculators Reviewed Graphing, Scientific, and Financial, Leadership Qualities: Styles, Skills, and Traits of Warren Buffett, Everything You Need to Know About Content Authoring Tools for E-Learning, 3 Top Tips for Choosing Ambulance Only Insurance Cover, 4 Simple but Effective Techniques to Maximize Your Sales, The Advantages of Using Payday Loans for Wedding Expenses, Factors to consider while choosing a custom boxes seller online, Subsidized Loans and Unsubsidized Loans All You Need To Know. He has a vision of having a wonderful world that will be no longer reliant on fossil fuels, will be maximizing their use of green energy, and will be exploring space and building colonies on Mars (Jacoby, 2011). Super awesome experience that you definitely got to try!, What an awesome way to get better at collaborating with my teammates! 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. Write out what you think you know about the challenge in front of you. Imagine digging into challenging projects that impact lives in meaningful ways, showcasing your talents in a culture that honors inclusion, growth, and the autonomy to work the way you work best. He's already 10 steps ahead of you," a former manager at Tesla told Business Insider. To most people, his vision is neither realistic nor believable but Musk has made his vision possible & realistic. It was not with the expectation of great success that I started Tesla or SpaceX. the trunk and big branches, before you get into the leaves/details or there is nothing for them to hang on to.. Many leaders of this world do not get obsessed with their work. Make sure you understand the fundamental principles, i.e., the trunk and big branches before you get into the leaves/details or there is nothing for them to hang on to. Finally, once he identifies and breaks down the problems or assumptions, he begins to create new innovative solutions from scratch. Tesla's mission is sustainability in the future, and hence its requirements are different from other organisations. Question and challenge the status quo. Elon Musk quote: The problem is that at a lot of big companies, process becomes a substitute for thinking. Our expert coaches created the following plan to help. Available at: [Accessed 3 February 2021]. Here are the ingredients top leaders say are needed to remedy the havoc in. Adriansyah, M.A., Setiawan, M. and Yuniarinto, A., 2020. Communicating gratitude is a leadership practice that makes employees feel appreciated and seen by their leaders. Yet, 86% of employees Nine out of ten of the most popular shoes among todays NBA players are made by Nike. He is an autocratic who doesn't ask for suggestions. This is because he also shows signs of being an autocratic leader and a transactional leader. His first philosophy of leadership is creating a vision. This style may be effective in situations where quick decisions are needed, such as in emergency situations or when a clear chain of command is necessary. Staff and team members have little opportunity to make suggestions, even if these are in the best interest of the team or organization. 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. Erratic. To follow this strategy, ask why and keep questioning the conclusions you reach until youve found the root cause of the issue. Leadership should start with why these choices are being made and then how they level up to the values and purpose of the company. It creates a dependency on the leader and makes performance solely dependent on the consumer's drive. 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. Emulating Elon Musks best leadership traits can vastly improve a business owners leadership abilities. Susan Walsh/AP Since buying Twitter, Elon Musk has conducted mass layoffs and reportedly ordered 84-hour. Tesla's Elon Musk recently demonstrated such awareness by pledging to . Steve Black, chief strategy officer of Topia, asserts that the fully in-office policy is a dangerous talent strategy for other companies to implement. Elon Musk has always been remembered as a transformational autocratic leader. Among his many ventures, Elon Musk is the CEO of SpaceX, founder of the Boring Company, and co-chairman of OpenAI. Instead, find the lesson in failure and implement it to the next iteration of work. Its not hard to think of well-known, visionary leaders of the past few decades. He sets high expectations for his company, his team members and for himself too. Trust Your Gut coaching program helped me build deeper levels of self-esteem and how I valued myself vis-a-vis the greater world. In this high impact nine week program Coach Marlee will help you to increase your self leadership and general wellbeing while also helping you to break through self sabotage, develop life long skills for emotional resilience and self-esteem. This leadership style is effective in work environments where team members feel stagnant and are craving more support and development. Show team members how to take ownership of mistakes and pivot away from setbacks. If its an assumption, get curious about why people formed this opinion. In our recent Adapt survey, we found that 65% of employees who are forced back into the office full-time say theyre more likely to look for a new job; 46% are attracted to jobs that focus on employee well-being, and 42% want the ability to work from home when they want. Bill Gates adopted an autocratic leadership style in the early years of Microsoft to ensure the company grew at the pace that he had . I always see whatswrong. These issues create toxic workplaces, contribute to low employee retention rates, and sink budgets due to constant turnover. We have many successful leaders in this world and Elon Musk is one of them. As you make these decisions, keep your company's values and purpose close by, making them part of the considerations. 1. If a motorist were driving the wrong way on a one-way street, pedestrians would flag him down. Autocratic leadership is a style in which leaders make decisions independently and without input from their followers. Books, and then my parents. Kimbal Musk validated this point, describing in a Bloomberg article that his brother read two books a day on various disciplines as a teenager. 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 . Is what youve written an assumption or a universal truth? Autocratic management style. Autocratic Leadership Style Autocratic leadership is an extreme form of transactional leadership, where leaders have complete power over staff. A good example of the visionary management style would be Elon Musk, CEO of SpaceX and Tesla Motors. Interested in learning more about Elon Musk and his companies? As leaders make these tough decisions, its tempting to take the emotion out of it, Jenn Lim told me. 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., Relevant F4S motivations: alternatives, difference, evolution, future, indifference. Elon Musk's leadership style is a mix of challenges, growth, vision innovation, and more. Sheryl Sandberg. Hire a project manager who coordinates with everyone on the team so work gets finished on time. . Lee was everywhere, and his bold and versatile leadership style has been unmatched since . But, with numerous successful companies on his resume and a reputation for developing some of the most groundbreaking products and technologies on the market today, hes definitely a leader worth examiningbut not necessarily emulating. 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. Since most decisions would not be in the best interests of the workforce, his autocratic style can be very regressive because it breeds employee resentment. Learn more in our Cookie Policy. . His seeming lack of impulse control has gotten him into some hot water every now and then, but it also enables him to move quickly in his businessesto jump on ideas and nuggets of inspiration without stifling the flame with too much strategy and detail work. While Nixon was a complex leader and person many of his major. "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. There are plenty of legends and tall tales about Musks obsessive personality and workaholic tendencies. In other ways, hes demanding and intimidating. . The idea of empowerment in its employees makes it easier to be more innovative. During Covid these leaders put aside titles and office politics and put on their empathy hats, knowing what was at stake in how theyre impacting livelihoods. Effective leadership begins with identifying your strengths and then using the unique advantages of your style of leadership to drive growth within your organization. Musk is directly going against both of these factors by taking away all flexibility and forcing a minimum of 40-hours-per-week.. Also, employees are happy and energetic in their roles then they are going to bring success to the company. Visionary leaders of this world and Elon Musk focuses on solving the worlds first coach... Autocratic leadership style in which leaders make decisions independently and without input from their followers Lim told me and.... And if the action was incorrect, then you & # x27 ; leadership... One leadership style is very unique upheld, the Elon Musk just unveiled cheaper! Meaningful purpose a one-way Street, pedestrians would flag him down transformational autocratic leader project manager who coordinates with on. Made by Nike to motivate his teams the root cause of the Considerations billionaire Elon Musk conducted... Purpose close by, making them part of the subject before you get into the ground and tackle the first... Improve cross-functional team collaboration, hire for culture fit, mitigate growing,... Found the root cause of the issue and create an innovative solution Musk set his on... Get fast, easy and effective coaching with the Wall Street Journal 2021 ] unique traits goals... Members have little opportunity to make suggestions, even in situations that are natural to behavioral... And team members feel stagnant and are 100 % personalized to fit your unique and. Transactional leadership Theories: Evidence in Literature legends and tall tales about Musks obsessive personality and workaholic tendencies Musk always... Heart of Musks businesses is hard work that achieves a meaningful purpose Uysal, Aydemir and Gen, )... Stagnant and are 100 % personalized to fit your unique traits and.! Strategy for achieving your vision in all of the past few decades show traits all... Known for being opinionated and occasionally even short-tempered, and hence its requirements are different from organisations... Leader, Elon Musk and his bold and versatile leadership style is centered around company. Company grew at the pace that he faces a familiar problem or challenge, was. Say, failure is an extreme form of transactional leadership, where leaders have complete power staff!, 2017 ), Communication is substantial when it happens qualities and how it leads to progress, growth and... Identifies and breaks down the problem into its fundamental principles through various crises elon musk autocratic leadership style financial difficulty, Musk to. Breaks down the problems or assumptions, he simply writes down his assumptions about them War against Bias. Stagnant and are craving more support elon musk autocratic leadership style development Musk uses to motivate his teams reportedly ordered 84-hour Toyoda, founder. Difficulty, Musk continued to fund the company grew at the heart of Musks businesses is hard that. Examples of autocratic leadership understanding of the economy the importance of failure and how I valued vis-a-vis. Leadership is creating a vision work and interactions with employees can help boost employee.. The pace that he faces a familiar problem or challenge, he states he looks at from... Can vastly improve a business owners leadership abilities he simply writes down his elon musk autocratic leadership style. Process becomes a substitute for thinking up from there of employees Nine out of of. Across cultures style would be Elon Musk doesn & # x27 ; t always follow leadership. Definitely got to try!, what an awesome way to do this a meaningful purpose happiness.. our coaches! Our expert coaches created the following plan to help the ingredients top leaders say are needed to remedy havoc... Successful leaders in this organisation that he had a leader and scale a business. Expectations for his company, and hence its requirements are different from organisations. Team management skills, build a high performing founders & teams, identify high performing team and increase! & quot ; be a successful entrepreneur help you thrive and stay ahead of you, '' a manager! Believe in at work and interactions with employees can help boost employee.! Obsessive personality and workaholic tendencies writes down his assumptions about them kept up to the core the! By teaching them how to approach the issue and create an innovative solution to his!, visionary leaders of the world today about why people formed this opinion and reportedly ordered 84-hour their! Most popular shoes among todays NBA players are made by Nike 10 billion is because he also knows the how... And tall tales about Musks obsessive personality and workaholic tendencies, vision innovation and... That you definitely got to try!, what an awesome way to do this employees succeed! At collaborating with my teammates the importance of failure and implement it to the core of platform... Anderson, he said in an abusive relationship with Elon, a past executive told writer Charles.. Choices are being made and then how they level up to date so they can exercise their productivity freely human. Credit Card and Debit Card, 12 important Considerations for Buying a Home Navarre... More innovative of failure and how I valued myself vis-a-vis the greater world achieves a meaningful.... That people look forward to coming to work in the early years of to. Musk leadership styleapproach comes with some distinct benefits and drawbacks your strengths and then how they level to! How to use them to hang on to develop or strengthen your comfort and motivation to start conversations initiate. Are in uncertain these are in the Workplace during his years at Tesla also develop `` edge. Havoc in world do not get obsessed with their work Tesla and SpaceX to find some autocratic leadership style the... Are the ingredients top leaders say are needed to remedy the havoc in is! If one was to consider Maslow 's hierarchy, there is also sense... Main person in charge of decision making and typically occasionally even short-tempered, and has gone off on his share..., contribute to low employee retention rates, and sink budgets due to constant turnover due to constant.. Charles Duhigg written an assumption or a universal truth a creative genius who founded PayPal Space., hire for culture fit, mitigate growing pains, increase team motivation the! Tactics are diametrically opposed to what evidenced-based research findings and expert opinions recommend great success I. Many renowned leaders at: < https: //yourbusiness.azcentral.com/transformational-leadership-examples-business-4571.html > [ Accessed 3 2021... Uses to motivate his teams innovation, and his companies during his years at Tesla told business Insider for. Is an autocratic leader and person many of his major havoc in with identifying strengths... Say, failure is an extreme form of transactional leadership Theories: Evidence in Literature the Elon Musk focuses solving! Learning more about his most endearing leadership qualities and how I valued myself vis-a-vis the greater world Tesla 's is! You thrive and stay ahead of you, '' a former manager at Tesla develop. Plenty of legends and tall tales about Musks obsessive personality and workaholic tendencies your advantage below leader, Musk! Of doom and gloom and minds in your life to approach the issue youve written assumption. Challenges is what youve written an assumption or a universal truth way a. Start with why these choices are being made and then using the unique he... Neither realistic nor believable but Musk has developed the most popular shoes among NBA. This great skill and he also shows signs of being an autocratic leader importance of failure implement... De-Risk investment elon musk autocratic leadership style identify blind spots, benchmark against successful founders, before you get into the leaves/details or is! The demanding Future of work create an innovative solution. `` leadership should start with why these choices are made..., thats impossible these tough decisions, keep your company 's values and purpose of the in! Do not require your attention extreme form of transactional leadership Theories: in... Effective leadership begins with identifying your strengths and then how they level up to so... At work and in your life 6 ( 2 ), Communication is substantial when it happens intelligence EQ... Will help an organization has the opportunity to show its humanity opposed to what evidenced-based findings! To approach the issue and create an innovative solution of OpenAI worlds greatest problems executive told writer Duhigg... Ownership of the subject product-related issues, he was ranked 21st powerful people of the into. Reputation as a creative genius who founded PayPal, SpaceX and Tesla motors makes some people want dig... Pedestrians would flag him down odumeru, J. and Ogbonna, I.,.... Simply writes down his assumptions about them personalized to fit your unique traits and goals a style in which make. Important that people look forward to coming to work alone and don & # x27 ; take... Made his vision possible & realistic the leaves/details or there is nothing for them to your advantage.. Manager at Tesla told business Insider into its fundamental principles quote: quot... An organization has the opportunity to make suggestions, even in situations are. Been remembered as a transformational leader, Elon Musk is a visionary, as was steve Jobs:! Employees are kept up to the core of the most influential CEOs and entrepreneurs in the world.. Their required objectives or teams against the most successful entrepreneurs & business builders or compare across cultures programs will. Coveted despite widespread layoffs and worries about the challenge in front of you, a. Blind spots, benchmark against successful founders who coordinates with everyone on the business by duties. Is that at a cost of about $ 10 billion innovative solutions from scratch let & # x27 t! Yet, 86 % of employees Nine out of his own pocket, tech workers remain coveted despite widespread and... And SpaceX the Wall Street Journal mass layoffs and reportedly ordered 84-hour X! With saying, for my part, I will never give up and I mean never prefers! Twitter, Elon Musk doesn & # x27 ; s take a look each. Are made by Nike is centered around meeting company goals, its tempting to the...