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Elon Musk Personality

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ABOUT ELON MUSK Elon Musk is South African born , American business magnate, entrepreneur, engineer, inventor and investor. He is the CEO and CTO of SpaceX, CEO and product architect of Tesla Motors, and chairman of SolarCity. He is the founder of SpaceX and a cofounder of Zip2, PayPal, and Tesla Motors. He has also envisioned a conceptual high-speed transportation system known as the Hyperloop and has proposed a VTOL supersonic jet aircraft with electric fan propulsion. Elon Musk was the second entrepreneur in the Silicon Valley (the first one was James H. Clark) who managed to create three companies with the market cap of more than $1 billion . Over the years Elon Musk has shown some exemplary leadership traits . His style of leadership …show more content…

Participative leadership boosts the employee morale because employees make contributions to the decision-making process. When a company needs to make changes within the organization, this style helps in easy acceptability of the change. • Transformational The transformational leadership style depends on high levels of communication from management to achieve goals. Leaders motivate employees and enhance productivity and efficiency through communication and interaction. QUALITIES OF A GOOD LEADER • A good leader has an exemplary character . A good leader “walks the talk” and in doing so earns the right to have responsibility for others . • A good leader is enthusiastic about their work or cause and also about their role as leader. • Although the responsibilities and roles of a leader may be different, the leader needs to be seen to be part of the team working towards the goal. • A good leader is confident. In order to lead and set direction a leader needs to appear confident as a person and in the leadership role WAYS TO TRAIN YOURSELF TO BE A GREAT LEADER • Taking Initiative • Critical Thinking • Listening Effectively • Motivate Others • …show more content…

Musk did this because an auto industry that produces a hundred million fossil fuel vehicles annually is simply not sustainable. So by making his intellectual property open source, he is changing his business model to respond to the reality of the world we actually live in which is facing multiple ecological crises. AWARE OF CHANGING VALUES Elon Musk is profoundly aware that the values of socially conscious Baby Boomers, Millennials, and Gen Z buyers are very different to those of past generations. So by putting the full might of the company behind a vision of a more sustainable planet, he is tapping into some of the most powerful business drivers that will determine which companies lead the future. THE BEST HOPE FOR BUSINESS IS THE BUSINESS OF

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