1.1 ELON BACKGROUND OF MUSK Elon Reeve Musk is a Canadian American businessman, engineer, and innovator born in South Africa, June 28th 1971. Elon Musk is one of the most notable innovators of the 21st century. Elon’s academic achievements in regards to higher studies began with 2 Bachelor’s Degrees, 1 in physics and the other in economics, and he would, soon after, enroll in Stanford university to begin a PhD. However, Elon dropped out of the course after a mere 2 days in order to pursue entrepreneurial activities in the fields of sustainable improvements in standards of living, space exploration and much more. 1.2 MUSK AT TESLA Musk began his involvement in Tesla (at the time, Tesla Motors) in 2004. At this stage he was …show more content…
ANALYSIS OF LEADERSHIP STYLES AND MUSKS’ LEADERSHIP STYLE 2.1 Introduction to leadership An effective leader is someone who knows how to inspire and relate to subordinates, knows how to increase the employees’ motivation and make employees loyal to the organization. (Alkahtani, 2015) Leadership style is the approach an individual use to steer people in the direction that they are going in. Analysis has identified a range of leadership styles based on the number of followers. the most applicable leadership style depends on the operate of the leader, the followers and also the situation. 2.2 Different types of leadership styles Leadership plays a vital role in order for an organization to succeed, by effectively managing and controlling employees the type of leadership style. The most universal leadership styles concern transactional, transformational, laissez-faire, democratic and authoritative. These styles are widely applied in different organizations …show more content…
Employees are allowed to make their own decisions but the leaders are still responsible for the final outcome. It is because of employee confidence that there is no requirement for central coordination. More recently, Judge and Piccolo (2004) indicated that that leaders who scored high on laissez-faire leadership scales avoid making decisions, hesitate in taking action, and are absent when
This further supports why NIkola Tesla is an immigrant who changed the country while maintaining his integrity through tough times. Tesla has also changed the way the economy works by helping create several new markets. The biggest being the electrical market. Many companies could be included in this market, for example: General Electric, Apple, Microsoft, etc.
Nikola Tesla’s inability to let any obstructions interfere with the success of his ideas, dreams, or goals proves that he possessed a great amount of grit and should therefore be perceived as a hero. Once again, World of Physics exhibits Tesla’s call to action in response to a roadblock in the path of his dreams. Tesla tried to interest the city’s mayor and several of his wealthy colleagues in his design for an alternating-current motor that would eliminate the need for a commutator. In response, the mayor and his friends rewarded Tesla with a few bottles of 1801 St. Estéphe wine but gave no financial support...
If people aren't optimistic, they're not going to make the sacrifices and do the work required to turn things around. It's a remarkably humble leadership style. To understand the leadership analysis at Ford, we will have to first understand the various types of leadership styles. 1. Autocratic Leadership: The autocratic leadership style allows managers to make decisions alone without the input of others.
Henry Ford was an American industrialist who founded the Ford Motor Company. Ford didn’t invent the automobile or the assembly line, but he changed America with his introduction of the Model T. It was the first automobile that middle class Americans could afford. It all started in 1879 when Ford left home to work as an apprentice machinist in Detroit. The Edison Illuminating Company hired Ford as an engineer in 1891.
The organizational factors include: flexibility, responsibility, standards, rewards, clarity, and commitment. The research shows that the coercive and pacesetting styles have a negative correlations on organizational climate while the other four styles have a positive impact. Thus, except for unusual circumstances where coercive and pacesetting styles might be appropriate, leaders should normally use a combination of the authoritative, affiliative, democratic and coaching styles to achieve success. The best leaders will sense from their emotional intelligence when to use each of these styles. If you are an aspiring leader or a leader who wants to get to the next level of leadership excellence, Goleman’s article is a great primer on how to effectively use different leadership
Elon Musk Owns the Future As Elon Musk’s first wife put it “ He does what he wants, and he is relentless about it. It’s Elon’s world, and the rest of us live in it.” (Vance 22). Soon this quote will come to fruition and the world will be Elon Musk’s. In the same fashion that Apple’s Steve Jobs took over the world and put his products into the hands of almost every household in the world, Musk will soon have that same effect on the world.
Understanding leadership Describe the factors that will influence the choice of leadership styles or behaviours in workplace situations Leaders are performing different styles of leadership, as each leader maintain to develop her/his own personal style. Many factors may influence the style a leader uses. Some of the factors may create naturally, while others are a product of the leader's environment. Some leaders may need to improve their leadership style to follow to a changing culture. a. Personality Traits: A leadership style may become an expansion of the leader's personality.
Leadership Analysis Introduction One of the popular definitions of a leader is, "The only definition of a leader is someone who has followers." ( ) A more comprehensive definition that highlights striking features of a leader is, "A simple definition of leadership is that leadership is the art of motivating a group of people to act towards achieving a common goal.” ( ) A closer scrutiny of the characteristics of an influential leader would many ways assist one, in recognizing those attributes in an attempt to assimilate the best in others.
Leadership has been defined in a variety of ways, there are multiple authors and theorists who have tried to define and understand leadership, all leading to varying theories and conclusions, but one thing that is universally understood is the importance of effective leadership and how someone with good leadership skills can impact so many people around them. (Kakabadse and Kakabadse, 1999; Yukl, 2002; Northouse,2013) The main components that have been identified to play a role in leadership are relations between leader and subordinates, interaction form between leader and followers, the influence that the leader has, the way in which the leader behaves and finally a leader’s traits. (Yukl, 2002) These elements that make up a leader, are then used as building blocks to identify the way in which each specific leader deals with its followers.
There are different leadership styles that can be employed in different situations depending upon what you want to achieve. There is no one “right” leadership style. Styles will vary from project to project and from group or team efforts to individual efforts. How you persuade, direct, plan, and motivate people depends upon your leadership style. Leadership style also combines certain traits, skills, attitudes, and behaviors.
Mosadeghard (2003) had pointed out different styles of leadership. These styles are: autocratic, bureaucratic, laissez-faire, charismatic, democratic, participative, situational, transactional, and transformational leadership. Aioanei (2006) explained that in autocratic leadership style, organization is highly centralized. Leaders are more concerned with the tasks to be performed rather than developing relations. In this type of leadership employees are less involved and most of the decisions are made by the management.
Good morning everyone, my name is Nicholas Peters and I'd like to share with you a brief history of a man I have looked up to for the majority of my life, Elon Reeve Musk, a Canadian-American inventor, engineer, investor, and business magnate. Elon Musk is an ambitious and leading symbol of invention whose mark can be found on corporations such as Tesla Motors, PayPal, Solar City, and programs such as OpenAI, SpaceX,
Different scholars identified various kinds of leadership styles that affect the job performance, satisfaction and learning and development of subordinates. Warrick, D.D (1981) cited that there are no doubt variables other than a leader’s style that affect employee performance and development but leadership style plays a significant role and not to be underestimated. An awareness of leadership styles and their consequences are very important because it may either facilitate or inhabit skill development. The major theories on leadership are the traits, leadership styles and contingency theories.
There are many different type of Leadership styles. Different types of leadership styles exist in work environments. ● Laissez-Faire- A laissez-faire leader does not give direct supervision of employees and does not provide regular feedback to those under his supervision.
Jobs was able to obtain an investment of $20 million from the business leader Ross Perot after the airing of this program. Analysis of the leadership style of Steve Jobs revealed the role of skill and talent developer played by him for his employees. It is evident through his statement “Look at the results” on being asked about his tendency of showing rudeness towards his employees (Isaacson, 2012). It could be assessed that Jobs depicted a transformational leadership style through his initiatives of creating a vision, guiding his followers to achieve it through effective inspiration thereby leading to a change in the individuals and the social systems as well. These are the basic traits of a transformational leader (Warrick, 2011).