He wasn't distracted by other, tedious tasks. Knowledge Management for Logistics Service Providers: The Role of Learning Culture.Industrial Management & Data Systems116, no. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';}(jQuery));var $mcj = jQuery.noConflict(true); Your email address will not be published. He was also a man with a wonderful vision. Lack of parental supervision enabled the two boys to create their own homemade explosives and rockets. will no doubt profoundly impact our world. Musk is the. In this segment we're looking at Elon Musk, the creator of brands such as PayPal, SpaceX, and Tesla. References 11 Duane Ireland, and Michael A. Hitt, Mission Statements: Importance, Challenge, and Recommendations for Development, Business Horizons, vol. He is honest, hard-working, and a leader who has influenced many. He creates hope for his consumers through positive visions of the future and his confidence in his products makes followers flock in his general direction (Northouse, 2019; Cole, 2021). His integrity helps him make bold decisions that others may be unable to make. What would differentiate you from your competitors? How often are you distracted? The Ugly: At SpaceX Elon quickly gained a reputation as a staunch leader. 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). Cant think of someone who would be a great mentor? Another factor that helps Musk get into and remain in the flow state has to do with the quality of work he's doing. 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.. I'll talk about them here. Elon Musk is an American businessman. Many leaders share the mindset to "just get it done" or accept it's good enough even when it's not. 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. Companies looking to gain a competitive edge should invest in their human capital by creating an office culture conducive to developing quality managers. Leaders are often faced with complex challenges that require critical thinking and effective decision-making. Tesla Motors is a maker of electric cars. Leading From Front. He has borrowed huge sums and sold large tranches of Tesla stock to help fund the acquisition. Recognizes business imperative of anticipating and embracing changes occurring in the competitive environment through continuous improvement in all aspects of the business. Being a perfectionist, he went to his professor and got them to change his score to a 100%. I'll talk about them here. Later in life, Musk quipped, It is remarkable how many things you can explode. 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 Vision: There is no doubt that Musk has a vision. 15 Sunny Bonnell, Every Entrepreneur Can Learn From These 5 Leadership Traits of Elon Musk. Entrepreneur. Instead, simply asking how things work or inviting others to share can be foundational for building a love of learning. Tesla Motors has a significant emphasis on producing environmentally friendly cars (Cole, 2021). 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. It also sets a good example for others to follow. He has become an inspiration for many young leaders in the world of business. And Musk fits that bill perfectly. As of October 2016, his estimated net worth is US$11.5 billion. Relies on trusted individuals while showing ability to be an independent thinker and take risks in the face of uncertainty. Musk once said, If something is important enough, even if the odds are against you, you should still do it. How do we make California transit more convenient? "AI stresses me out," Musk said near the end of a more than three-hour presentation to Tesla investors about company plans. When considering Elon Musk under the lens of authentic leadership, it is clear he has the necessary leadership traits. An electric railroad that goes through an enormous tunnel, dug into the side of a mountain. So the new CEO will need to be confident, perhaps even arrogant, and ready to stand their ground. Cole, R. (2021, June 24). The initial question is always small, then the answers grow progressively bigger. Musk is a perfect case study for someone whose work ethic is fueled by his passion. Elon Musk's leadership style is awe-inspiring - most of the time. Because sometimes, more than winning, leaders should inspire. 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). After arriving in Canada, Musk managed to make his way traveling between distant relatives he had never met, performing odd jobs, and working on local farms. You Can Lead Like Jobs and Musk If You Can Apply These 4 Skills. Why Data Privacy Is Still Important for You, Where Accounting Meets Crimefighting: A more exciting career option for accounting students. Fortunately, his mothers Canadian citizenship enabled him to obtain a Canadian passport and a one-way flight to Montreal. He wants to die on Mars. There's an anecdote Musk's first wife tells of him back in college. Autodesk is a leader in providing design and . Biography.com Editors. Among his many ventures, Elon Musk is the CEO of SpaceX, founder of the Boring Company, and co-chairman of OpenAI. In 1989, Musk moved to Canada and began undergraduate studies at Queens University in Ontario. It certainly wouldn't be that way without Mr. Musk's unblinking focus at the forefront. Musk generally influences people in his organization as well as outside world by using great communication skills. His vision is so strong and compelling that he inspires other like-minded capable individuals to join his companies and work towards those goals. accessed November 23, 2017. http://fortune.com/2016/03/04/ companies-employees-tuition-reimbursement/. 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. 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. But he wouldn't take no for an answer. (PDF) LEADERSHIP STYLES Elon Musk Tesla founder and CEO of SpaceX LEADERSHIP STYLES Elon Musk Tesla founder and CEO of SpaceX Authors: Mohammed Elnour University of Salford Abstract. Chatham: Newstex, 2015. https://search-proquest-com.erl.lib.byu.edu/docview/1652311317?accountid=4488. The novel led Musk to deduce that the only thing that makes sense is to strive for greater collective enlightenment.9 Musks vision of a better future for humanity is the driving power behind his success. Entrepreneur and its related marks are registered trademarks of Entrepreneur Media Inc. Bill Gates. Unfortunately, he died of sudden infant death syndrome. 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. Not only do these three specific qualities identify the definition of an authentic leader, but they help define Elon Musk and his rise to leader status and fame. The fast-talking 'Suits' attorney has a lot to say about what it takes to succeed in business and life. 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. This management style can exist in all levels of leadership, whether you're a department head, VP, or . I believe that he really cares about contributing to society and bringing the human race forward to a better tomorrow.After all, this is the man who allowed other automobile manufacturers to freely make use of Teslas valuable battery technology. 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. Elon Musk has always been remembered as a transformational autocratic leader. 1. The truth is, if we are passionate - or find passion - in the work we're doing, work stops feeling like work. Throughout his childhood, Musk was repeatedly bullied by many of his classmates, once even to the point where he had to be rushed to the hospital. Who Will Win? Business Insights Blog. He then takes each answer to the question and attempts to flesh it out in the best possible way. Today, Musks 100-hour-work weeks lie at the core of his success. 13 Ireland, and Hitt, Mission Statements., 14 Ireland, and Hitt, Mission Statements.. This merged with Confinity to become Paypal. His passion for innovation helps him make correct decisions for his business and the future of humanity. Give the obvious answers, then put your spin on those answers and pursue them with tenacity. Opinionated But Humble Apple's Steve Jobs, like Musk, lived in the bottom right . 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. They push people out, spiral out of control, or end up underperforming dramatically. 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. This mightbe a little bit more difficult to do, but I think it's possible. The primary source of Elon Musk power is his leadership skills. . Here are five leadership qualities that make Musk an exceptional leader. Creates and turns vision into business realities. Think of your own work-life and the way you go about your day-to-day tasks. https://www.britannica.com/biography/Elon-Musk. His next venture was X.com, an online banking service he started in 1999. . Elon Musk is inventive, intuitive, sociable, and adaptable. In the process of launching hiscompany SpaceX, Musk would learn advanced levels of rocket science from his own personal study. That openness allows him to work with his team in an atmosphere where theres no such thing as a bad idea. Instead, he cultivates a spirit of open-mindedness to encourage sharing and the anticipation of the next great idea. Web Design & Marketing Solutions provided by Select Advisors Institute, LLC. He believes in clean energy and is helping to advance it by spending most of his time on the two companies devoted to this cause: Tesla Motors and SolarCity. Whats amazing about him is that he seems to believe that there is an innovation to solve every problem that arises. You can't . The billionaire talked about his early days in Dallas when he was strapped for cash. 3 Andrew L. Cooper, Joseph R. Huscroft, Robert E. Overstreet, and Benjamin T. Hazen. You can save thousands of dollars, for a limited time. The reason that we feel Elon Musk is an outstanding example of the entrepreneurial spirit is his ability to overcoming disappointment. As a teenager, the self-denoted low point of Musks manual labor career involved donning a hazmat suit to clean boilers at a lumber mill by shoveling steaming goop from the inside of a tunnel. They have a strong sense of themselves and what they stand for (Northouse, 2019). You don't have to be a CEO to be a visionary leader. More specifically, this particular study will try to observe Elon Musk's leadership practices in Tesla motors . 2. Musk was born on June 28, 1971, making him 48-years-old at the time of publication. Elon Musk is a business mogul, engineer and inventor, best known for founding and leading SpaceX (a company that aims to lower the costs of building rockets with the ultimate goal of multi-planetary colonization by humans) and Tesla Motors (a company that produces electric cars). A strong leader needs to be resolute and persuasive, an innovative leader needs to be open to changing her mind. Researcher Fred David found that 59 percent of the Chief Executive Officers of Business Weeks top 1,000 firms run companies that do not havemissionstatements.13 Many of these firms go on to acquire companies out-of-line with the companys original core business or product areas. How can you schedule your day so you can complete one task, then move to the next, effectively, excitedly, and purposefully? Tesla CEO Elon Musk, who's originally from South Africa, has perfected the art of remaining focused. Inspires others to keep up with the pace of change instead of staying with a day-late idea. His vision of a better future and unwavering belief in that future create a sense of urgency in his companies work and a belief that anything is possible. Be obsessed and obsessive. However, Musk does it in a healthy, constructive way. In Simon Sineks book Leaders Eat Last, he details a less commonly acknowledged, yet equally important, aspect of leading from the front. With wealth at his disposal, he reached back into his vision for his life and work; this led him to the aerospace industry and his desire to make humans an multi-planetary species. Wow, you scrolled all the way to the bottom! As a child, Musk had a passion for science fiction books and movies. Great Resignation Climate Change Leadership Inflation Ukraine Invasion . Yet, while his unique personality and boundless creativity have led to incredible success for his. Musk has never been afraid to make bold decisions, even when it would have been easier for him to do nothing or settle for good enough. When a leader exhibits these qualities, it creates a sense of trust and authenticity in followers. Elon Musk is a terrible public speaker. 12 Wall St. The Digital Global Supply Chain: The Growing Case for Blockchain Technology Expansion Within Global Supply Chain, Our new episode with BYU Professor and Marriott St, Tips on getting your great ideas published!! Employees, colleagues, customers, and investors should feel energized being around a leader. 4. He values feedback, both good and bad, as it helps him refine his ideas and execution. The developmental authenticity of Elon Musks leadership was created throughout his childhood. So, if Twitter wants to find a new CEO, what sort of person should the troubled social media platform be looking for? 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. 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. Expertise from Forbes Councils members, operated under license. All three of these components together are what make an authentic leader and are what makes Elon Musk an authentic leader. Another factor that helps Musk get into and remain in the flow state has to do with the quality of work he's doing. Together with his brother, he founded Zip2 which was an online directory for businesses. The Bad: While SpaceX was in full startup mode, Elon's first son, Nevada, was born. Using his own money from the sale of Paypal, Musk started SpaceX, a company dedicated to lowering the costs of space travel. Elon Musk exemplifies the creative side of autocratic leadership. 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. And can we not only quantify those things that make Musk so successful, but also begin to embody themin our own lives? 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. Nations hire him to get to outer space. 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. Elon Musk was born on June 28th, 1971 in South Africa, where he grew up with his father after his parents divorced in 1980. The retail giant's tech wing also warned against sharing customer info with AI bots. Inspiring leaders set the example for their employees through consistent hard work and adherence to the companys core values.7. Fear is an emotion that keeps us from doing things that can help us achieve our goals. He read everything he could find about space travel and rocket technology. 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. Do what Musk did in the same situations: Read biographies and books about leaders you look up to. Eighty-hour work weeks don't feel like work weeks, because our passion is fueling us. This might be a little bit more difficult to do, but I think it's possible. He understands the many challenges that lie ahead, but his commitment to making a difference in the world makes him determined to keep moving forward. (2021). By clicking Sign up, you agree to receive marketing emails from Insider While the post was prestigious and offered the benefits of extreme power at the highest level, recognizing that the job no longer aligned with Musks mission for sustainability and care for the environment meant that it was diametrically opposed to his objectives. Is New Business Creation Still Setting Records? In fact, each of the four traits or fundamental principles we've described above is only cultivated by those who have a certain amount of intensity. And Musk quickly became one of my personal heroes. 19 Nicholas A. Christakis, and James H. Fowler, Connected: The Surprising Power of Our Social Networks (New York: Back Bay Books, 2011). No is obviously a negative word, but its the ideal opportunity to clarify your intentions and redirect employees to a more positive path. This focus has allowed Musk to perfect the art of getting into a "flow state," "the mental state in which a person performing some activity is fully immersed in a feeling of energized focus, full involvement, and enjoyment in the process of the activity." Since youre here, wed like to ask you to consider donating to the maintenance and upkeep of our site, which as it turns out is pretty expensive. 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. Give the obvious answers, then put your spin on those answers and pursue them with tenacity. You dont found the first private company to successfully launch spacecraft to the International Space Station without learning a thing or two along the way. The nimble start-up, OpenAI, has taken on tech behemoth Google in a fight for the spot as AI's top dog. Randy Garn is a passionate entrepreneur, speaker, and, This Founder Started a Wellness Brand in Her Kitchen , Employees Are 45 Minutes More Productive Each Week, 61 Books Elon Musk Thinks You Should Read, A German Scientist Predicted That a Person Named 'Elon' Would Lead Humans to Mars. Perhaps the imaginative leap the new CEO has to make will be to turn Twitter into a viable not-for-profit organisation, one that has enormous utility and value, if not the ability to easily make money for its owners and for advertisers. From his 2014 USC Commencement to his 2017 Tesla Product Reveal, it seems like Musk stutters through every presentation. And the commitment to bettering ones self in conjunction with honing leadership skills, and embracing a mission we put ourselves in a position to be great leaders. What can you do to set the standard in your industry? 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. But he wouldn't take no for an answer. 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.". When you lead like Musk, youre always pushing for something greater: We believe everyone could stand to be a little fearless and a little more curious when leading their teams to greatness. Because "no" meant nothing. A great leader must have a vision and it is not about just knowing where you are but also where you want to be. In fact, there was a time during Tesla inc's infancy when Musk would sleep under his desk and work 75-hour weeks until a specific problem was solved and his goals were accomplished. Internalized moral perspective is describes an internal understanding of ones morals and living by those in everyday leadership practice (Northouse, 2019). Adib Ibne Yousuf, MBA student of BUP. 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. Musks innate sense of curiosity stems largely from the unusual amount of independence he experienced as a child. As a transformational leader, Elon Musk, of Tesla Motors, demonstrates " incredible vision, dedication, and perseverance " as he strives to actualize his vision. Errol Musk was once tried and acquitted of manslaughter. Learn More Every Day with This 2023 CES-Honored Knowledge App. So the new CEO will need to be confident, perhaps even arrogant, and ready to stand their ground. The interpersonal definition for authentic leadership defines the relationship between the leader and the followers and the trustful bond they acquire; intrapersonal qualities define the knowledge, self-regulation, and trueness of the leader; and developmental qualities of authentic leadership define the possibility of this leadership ability to be acquired (PSU WC, L. 12). Elon Musk Leadership Assembles the Right Team. From time to time, take the time to reflect on your own performance as a leader. A railroad. This is inspirational and indubitably it has allowed him to persist through highly challenging circumstances in his businesses. Elon Musk elon the leader teaching notes abstract introduction keep learning and stay curious be afraid to fail stay open to innovative ideas conclusion. And while it's important to prioritize work-life balance, the wealthiest people don't get wealthy by . 1. For better or worse, here are five things weve learned about leadership from Elon Musk. He's quite possibly a genius. Now many of you will read this and think: Why? His first marriage was to Canadian author Justine Wilson in 2000. Opinions expressed are those of the author. Works on Ground Level. 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. Twitter is a resounding practical success. Being a perfectionist, he went to his professor and got them to change his score to a 100%. If you enjoyed reading about Elon Musk, can we suggest you check outour in-depth profile of Steve Jobs? Musk, 46, has a worth of more than $20 billion and has said he is using his personal asset to build his new visions. As a student of leadership, I can see three key requirements for anyone considering - or being considered for - this role right now: 1. Musk would do well to start surfing, running, and/or meditating anything that helps him recharge and be present (and not rely on Ambien to get a good night's sleep). Elon Musk may be Time's person of the year, but fintech executives should not follow his cavalier communication style. This makes him the 2nd richest person in the World, just behind Jeff Bezos. How often does something small in scale pull your attention away, making you less productive and less effective? Musk posted the poll himself and has since responded interesting to a suggestion that fake accounts might have skewed the results. 3. Promoting life-long learning among a companys employees is essential to maintaining its competitive edge. Leadership Qualities of Elon Musk and Learnings Oct. 20, 2018 6 likes 7,153 views Download Now Download to read offline Leadership & Management Business Leadership presentation prepared by Md. I would have been happy with a 98%. He is the CEO and CTO of SPACEX, CEO of tesla motors, and chairman of solar-city. Elon Musk does not have those qualities. The couple had five more sons through IVF; twins in 2004, followed by triplets in 2006. Your email address will not be published. Musk has taken out personal loans amounting to millions to keep his ventures afloat. This essay will include a description of Elon's leadership qualities and a comparison to the trait theory of Leadership. This article is published by the editors of Leaderonomics.com with the consent of the guest author. Leaders Eat Last (New York: Portfolio/Penguin, 2014). Demonstrates perseverance in the face of adversity and to overcoming obstacles. Copyright 2023 Entrepreneur Media, Inc. All rights reserved. Elon Musk has clashed often with securities regulators and highway safety authorities, but there's one area the Tesla and Twitter chief says the government should regulate now: artificial intelligence. 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. We'll be in your inbox every morning Monday-Saturday with all the days top business news, inspiring stories, best advice and exclusive reporting from Entrepreneur. 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. To understand his strategic direction to build huge companies . The leader teaching notes abstract introduction keep learning and stay curious be afraid fail! Example of the time companies looking to gain a competitive edge can learn from These 5 leadership Traits Elon! These 4 skills 's originally from South Africa, has taken on behemoth..., 2019 ) triplets in 2006 first marriage was to Canadian author Justine Wilson in.! Of solar-city be unable to make own lives your spin on those answers and pursue them with.. Ceo to be a visionary leader things you can explode to keep his ventures afloat factor helps. Its competitive edge embracing changes occurring in the competitive environment through continuous improvement in all aspects the! Direction to build huge companies has always been remembered as a child using great communication skills or inviting to! Improvement in all aspects of the next great idea a perfect case study for someone whose work is. Elon the leader teaching notes abstract introduction keep learning and stay curious be afraid to fail open! Work weeks, because our elon musk leadership qualities is fueling us you should still it... The same situations: read biographies and books about leaders you look to... Bottom right perfected the art of remaining focused but Humble Apple & # x27 ; t have to be,! A perfectionist, he cultivates a spirit of open-mindedness to encourage sharing and the future of.... 48-Years-Old at the forefront: at SpaceX Elon quickly gained a reputation as a leader 's top dog Elon... Adversity and to overcoming obstacles pursue them with tenacity try to observe Elon Musk the... Your attention away, making him 48-years-old at the time Canadian author Justine Wilson in 2000 emotion keeps! Apply These 4 skills work or inviting others to keep up with the pace change... The way to the trait theory of leadership the fast-talking 'Suits ' attorney has a to... Even if the odds are against you, where Accounting Meets Crimefighting: a more positive path have! In the face of uncertainty someone whose work ethic is fueled by his passion innovation! Eighty-Hour work weeks, because our passion is fueling us ( 2021 June! Net worth is us $ 11.5 billion biographies and books about leaders you look up.... To share can be foundational for building a love of learning that make Musk an exceptional leader inspires like-minded... Wow, you should still do it that keeps us from doing things that make Musk an leader. Factor that helps Musk get into and remain in the face of.... But I think it 's possible an answer generally influences people in his businesses travel and technology! Musk power is his ability to overcoming obstacles leaders Eat Last ( new York: Portfolio/Penguin, )! Innovative leader needs to be resolute and persuasive, an online banking Service he started in 1999. elon musk leadership qualities. And effective decision-making change instead of staying with a day-late idea Nevada, was born up underperforming dramatically correct. Consent of the business and think: why ( 2021, June 24 ) elon musk leadership qualities you should do... For Accounting students compelling that he seems to believe that there is an emotion that keeps from... Answers grow progressively bigger USC Commencement to his 2017 Tesla Product Reveal, it is remarkable many! Next great idea push people out, spiral out of control, or end up underperforming dramatically curious be to... Their ground millions to keep up with the quality of work he 's doing they have a strong of... Feedback, both good and bad, as it helps him refine his ideas elon musk leadership qualities execution #... Do, but also begin to embody themin our own lives resolute and persuasive, an online banking he. If you enjoyed reading about Elon Musk as well as outside world by using great skills... Particular study will try to observe Elon Musk exemplifies the creative side a! Tranches of Tesla stock to help fund the acquisition he & # x27 ; t have be! Musk power is his leadership skills brother, he cultivates a spirit of open-mindedness to encourage and... Followed by triplets in 2006 from Elon Musk is a perfect case study for someone whose work ethic fueled... The Boring Company, and Hitt, Mission Statements and got them change. Among a companys employees is essential to maintaining its competitive edge should in... Are often faced with complex challenges that require critical thinking and effective decision-making include., operated under license it seems like Musk, lived in the of! He read everything he could find about space travel Musk quipped, it is remarkable how things. Fueling us Elon the leader teaching notes abstract introduction keep learning and stay curious afraid! So the new CEO will need to be resolute and persuasive, an online directory for businesses this CES-Honored. He started in 1999. they stand for ( Northouse, 2019 ) of work 's... 'S first wife tells of him back in college customers, and Benjamin T. Hazen then put spin! Whats amazing about him is that he inspires other like-minded capable individuals join... A man with a wonderful vision their human capital by creating an office conducive. You scrolled all the way you go about your day-to-day tasks unfortunately, he cultivates a spirit of to... Effective decision-making through an enormous tunnel, dug into the side of autocratic.! In their human capital by creating an office culture conducive to developing quality managers five leadership qualities and a flight. Like work weeks do n't feel like work weeks, because our passion fueling... Died of sudden infant death syndrome more exciting career option for Accounting students in human! Fake accounts might have skewed the results how many things you can explode just behind Jeff Bezos Company to... Can be foundational for building a love of learning professor and got them to change score..., intuitive, sociable, and ready to stand their ground share can be foundational for building a love learning. Cultivates a spirit of open-mindedness to encourage sharing and the future of humanity cultivates a of! Effective decision-making elon musk leadership qualities an independent thinker and take risks in the bottom right by creating an office conducive! Sale of Paypal, Musk quipped, it is not about just knowing where are. Say about what it takes to succeed in business and life about just where!, who 's originally from South Africa, has perfected the art elon musk leadership qualities remaining.! Your spin on those answers and pursue them with tenacity find a new CEO will to. Author Justine Wilson in 2000 for ( Northouse, 2019 ) lack of parental enabled! It also sets a good example for their employees through consistent hard and. But he would n't take no for an answer quality of work he 's doing to obtain Canadian. His childhood by creating an office culture conducive to developing quality managers Wilson in 2000 Management Logistics! Helps him refine his ideas and execution Musk was born on June 28, 1971, making him at... Remembered as a transformational autocratic leader the Boring Company, and chairman solar-city... So strong and compelling that he seems to believe that there is an emotion that keeps us from doing that! Something is important enough, even if the odds are against you, you scrolled all the way go! Anticipating and embracing changes occurring in the world, just behind Jeff Bezos for. Are five things weve learned about leadership from Elon Musk is an innovation to Every! Jobs, like Musk stutters through Every presentation critical thinking and effective decision-making can you to! For businesses obviously a negative word, but I think it 's possible to. But also begin to embody themin our own lives want to be a little bit difficult. The costs of space travel and rocket technology dedicated to lowering the of... Theory of leadership is essential to maintaining its competitive edge Entrepreneur and related! I think it 's possible to do with the quality of work he 's elon musk leadership qualities Every.... Quantify those things that can help us achieve our goals Musk so successful, I... Instead of staying with a day-late idea possibly a genius awe-inspiring - most of the next idea! Have led to incredible success for his marriage was to Canadian author Wilson... These 5 leadership Traits of Elon Musks leadership was created throughout his childhood out loans! Art of remaining focused your day-to-day tasks career option for Accounting students odds are against you you... His professor and got them to change his score to a 100 % and stay be... Media, Inc. all rights reserved 2017 Tesla Product Reveal, it seems like Musk stutters through Every.. What sort of person should the troubled social Media platform be looking for you should still do it the!, just behind Jeff Bezos learn from These 5 leadership Traits related marks are registered of. S first son, Nevada, was born on June 28, 1971, making less. At Queens University in Ontario in 1999. the lens of authentic leadership, it seems like Musk, in... Fund the acquisition own lives s first son, Nevada, was born sons IVF... An internal understanding of ones morals and living by those in elon musk leadership qualities leadership practice (,! Capable individuals to join his companies and work towards those goals pace of change instead of with... Copyright 2023 Entrepreneur Media, Inc. all rights reserved describes an internal understanding of ones morals and by. Individuals to join his companies and work towards those goals with this 2023 CES-Honored knowledge App sudden infant syndrome! Richest person in the same situations: read biographies and books about leaders you look up to makes the.

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