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. Within moments, the energy of the building went from despair and defeat to a massive buzz of determination . I never see whats right. Only focus on work that progresses the organization closer to achieving its mission. For example, Elon Musk uses the autocratic leadership style, labeling himself as a perfectionist and " nano-manager ." He is the CEO & CTO of Tesla Motors, which builds electric cars. He believes in personal transformation and hard work. . He has an uncanny ability to think of solutions. Elon Musk leads Tesla and SpaceX, the space company that wants to take you to Mars to join a colony . Here are two case studies of autocratic leadership styles. certain whether Twitter had informed the federal government. Instead, he has an autocratic or transformational way of leadership. Elon Musk is the eldest child in the family with younger brother Kimbal and sister Tosca. There is full disclosure of his goals throughout the organisation, and he makes his learning environment known. Sheryl Sandberg. But conscious leaders take the opposite route. But what is it about Elon Musks leadership style that draws people to him? Steve Jobs. Psychologically it can be a salve to soothe an uneasy conscience. Increase your comfort and use of abstract and strategic thinking to gain a broader perspective for yourself and your team. Instead of sitting around and philosophizing about how to change the world, they outline and execute a strategy that makes their vision a reality. The article details the leadership style of Tesla CEO Elon Musk and the loyalty of his supporters. Whether its establishing a colony on Mars or eliminating traffic in major cities by creating underground hyperloops that travel at 600 miles per hour, he leads in a way that questions what humans are capable of achieving. He sets high expectations for his company, his team members and for himself too. They help their employees in every field they need to excel in. The leader is the main person in charge of decision making and typically. Hes known for being opinionated and occasionally even short-tempered, and has gone off on his fair share of rants on Twitter. His another philosophy is being a social architect. Vroom's theory can also emphasise this in being successful by having the right type of access to machinery and tools." Our tools are trusted by teams like Canva to help improve: Subscribe to our newsletter for free access to the latest research and expert tips on Mental Health, Wellbeing, Leadership, Career Skills, Team Building & more! Musk is also said to have contagious enthusiasm and energy for his work, which means employees often share his commitment and passion for pursuing their next big idea or source of inspiration. If one was to consider Maslow's hierarchy, there is a certain level of motivation required for employees to succeed. Autocratic leadership. Here are the details of Steve Jobs' leadership style, as well as how those relate to the different work traits in Fingerprint for Success. He has gained wide popularity because of his unique ability to achieve his goals. Develop a work culture that encourages work-life balance. Steve Black at Topia points out that this is a dangerous path for other companies to follow. As leaders make these tough decisions, its tempting to take the emotion out of it, Jenn Lim told me. "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. CNBC, 2017. Enjoy weekly cutting edge science backed wellbeing resources from Blisspot. In order to make suggestions on whether an alternative leadership style would aid or hinder Musk, the reader must explain their style in detail to be able to compare. He's already 10 steps ahead of you," a former manager at Tesla told Business Insider. Improve your team management skills, build a high performing team and radically increase team wellness. The Tesla CEO and the founder of SpaceX are creative examples of autocratic leadership. He is the founder and CEO of SpaceX; co-founder and CEO of Tesla Inc.; founder and CEO of Neuralink; co-founder and chairman of SolarCity; chairman of OpenAl and last but not the list, founder of PayPal. 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. If you are trying to find some autocratic leadership examples, you can actually find it in many renowned leaders. However, warning flags are flying, and changes in leadership approaches are needed for Tesla to excel. He always used to say, Failure is an option here. People management skill is one of the leadership skills which is being possessed by Elon Musk. . If things are not failing, you are not innovating enough., Elon Musk quote: Work like hell. This is 90 percent of the solution, as hiring wrong can cost you so much." Elon Musk noted hiring the right people as his most important advice for up-and-coming leaders. 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. Elon Musk is another entrepreneur whose personality can be termed as autocratic. Elon Musk mandating employees return to the office full-time is a dangerous talent strategy because it will likely lead to many employees leaving for more flexible jobs, Black said. As Insider reported, tech workers remain coveted despite widespread layoffs and worries about the strength of the economy. Elon Musk has a drive that cannot be unseen. Hannah L. Miller, MA, is the senior editor for Leaders Media. This isn't good leadership practice. Trusting the employee with responsibility is another trick he has up his sleeve. 1. . An autocratic leader relies on their own decisions. Chaos continued to erupt as hoards of employees exited from Twitter on November 17th after Elon Musks iron-fisted demands. A focus on goals is especially helpful for inspiring others, impactful communication, maintaining focus over time, and aligning teams with clarity and purpose. Shortly after Musk took the helm, some employees received instructions to work 12-hour shifts, seven days a week, without being told whether they would receive overtime pay or time off, CNBC reported. Jeff Bezos leads Amazon and Blue Origin, the space company that wants to take you to the moon. 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. Tesla, being a manufacturing company, is not without its problems. Musk is directly going against both of these factors by taking away all flexibility and forcing a minimum of 40-hours-per-week.. Elon Musk's tactics are diametrically opposed to what evidenced-based research findings and expert opinions recommend. Therefore, Elon musk follows the transactional leadership style that helps him achieve short-term goals. Failure is an option here. When you think about the defined leadership styles, Elon Musk's style is best defined as transformational . A Look Inside the Innovators Life.. In this point, his two quotations are very popular. Otherwise, its not., There have to be reasons that you get up in the morning and you want to live. 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). The autocratic management style is the polar opposite of the Democratic or Laissez-Faire leadership style. Theres a reason for that: Musk is a highly-inspiring leader. Communicating gratitude is a leadership practice that makes employees feel appreciated and seen by their leaders. To follow this strategy, ask why and keep questioning the conclusions you reach until youve found the root cause of the issue. In certain situation, autocratic style could be the best approach but Leadership Styles (2015) asserted that autocratic leadership style should not be used when staff becomes tense, fearful, or resentful; expect to have their opinions heard; there is low staff morale, high turnover and absenteeism and work stoppage. His first philosophy of leadership is creating a vision. In each of his ventures, Musk has managed to mobile people to accept a new group identity and a new philosophy. 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. Jim Cantrell, SpaceX . Reflection and patience are core to consolidating learning, development, strategic thinking, recharging and authentic leadership. 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.". If things are not failing, you are not innovating enough.. 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. Autocratic leadership is a leadership style where the leader makes all the decisions without taking any inputs or suggestions from the group members. 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. What do you love about the future? Yet, 86% of employees Nine out of ten of the most popular shoes among todays NBA players are made by Nike. He has the skill of finding the talent by putting the employees in roles that are natural to their behavioral attributes. To most people, his vision is neither realistic nor believable but Musk has made his vision possible & realistic. Around Christmas 2008, he almost lost Tesla and SpaceX at the same time. Elon Musk has put the company's workers through a great deal of pain and . What follows are actions that experts say corporate leaders must take in 2023 to restore post-pandemic stability to the workplaceall of which Musk is taking in reverse. 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. Stay curious and ask questions to gain more insight. We have many successful leaders in this world and Elon Musk is one of them. 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. He always strives for excellence and does not set on mediocrity. Discuss the importance of failure and how it leads to progress, growth, and innovation. However, theres no denying that Elon Musk deserves a spot near the top of that list. Cadigan said Twitter under Musk seemed to lack psychological safety and trust, which Cadigan called "the ingredients of high performance." 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. Elon Musk is considered one of the most influential leaders in the contemporary world. Reevaluate and improve the businesss strategy for achieving your vision. Moreover, his innovations have given more significant opportunities to the employees by incorporating new techniques and strategies that increase the organisation's value. The company's chief people and diversity officer Dalana Brand resigned in November. Available at: [Accessed 3 February 2021]. His vision is attractive, simple, understandable, & beneficial. His first philosophy of leadership is creating a vision. The notion of everybody being equally responsible for the spectacular success of an idea made manifest is absurd. These are key characteristics of an autocratic leader: Leader tells people what to do Leader is not open to inputs from other employees Use world-first predictive analytics to get a deep understanding of team dynamics, potential talent and blind spots to address. 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. There needs to be an understanding between the employee and the employer on what is required. These issues create toxic workplaces, contribute to low employee retention rates, and sink budgets due to constant turnover. The success of an organisation is dependent on the leader. Online ISSN: 2663-9335, Vol (3), Issue 2 . "He's highly intelligent. But he also prefers to work alone and don't . Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business. Elon Musks response to this project is a high-speed railway known as Hyperloop, which would transport passengers from Los Angeles to San Francisco in 30 minutes, that is 800 miles per hour. Musk is a mastermind and thus discerns that, it values him while he pays attention to what his critics, customers, observers, and followers have articulated. Everyone in Tesla is in an abusive relationship with Elon, a past executive told writer Charles Duhigg. 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