Elon Musk
Elon Musk has frequently been lauded for his leadership skills, in particular due to the fact that his businesses are generally successful despite operating in incredibly challenging industries where the odds of failure substantially outweigh the odds of success. This paper will examine some of the traits of Musk as a leader, and how he has built successful organizations, in particular through policies, communications and training.
Communications appear to be Musk's strongest leadership attribute. Mejia (2018) notes that transparency and humor are two of his strongest traits. The transparency aspect is what allows Musk to have his employees believe in him and his mission – being honest about both the good and the bad establishes a high degree of trust between the leader and the followers. Followers feel respected, and are therefore more willing to buy into other aspects of the leader once this respect and trust have been established.
Musk actively encourages negative feedback, in order to create a feedback loop that allows him to learn and improve, and for the members of his team to learn and improve. That degree of openness, especially about things that are not working, also serves to create a higher level of trust within leadership team (Schwantes, 2018).
Musk's communication style portrays him as energetic and engaged, two other traits that can help to motivate a team. That he has multiple businesses and seems to be engaged with all of them, at least...
References
Korosec, K. (2017). Why Tesla CEO Elon Musk is among the world's great leaders. Fortune. Retrieved August 9, 2018 from http://fortune.com/2017/03/24/tesla-elon-musk-worlds-greatest-leaders/
Mejia, Z. (2018) Ex-Google exec: 3 traits that make Elon Musk an exceptional leader – and one major flaw. CNBC. Retrieved August 9, 2018 from https://www.cnbc.com/2018/05/03/ex-google-exec-kim-scott-top-leadership-traits-of-tesla-ceo-elon-musk.html
Musk, E. (2013) Elon Musk: On team building, Warren Buffett and Mars (transcript). Fresh Dialogues. Retrieved August 9, 2018 from http://www.freshdialogues.com/2013/02/09/transcript-of-elon-musk-interview-with-alison-van-diggelen-on-team-building-warren-buffett-and-mars/
Orton-Jones, C. (2018). Hire like Elon Musk…and 14 other ways to attract future leaders. Managers.org. Retrieved August 9, 2018 from https://www.managers.org.uk/insights/news/2018/may/hire-like-elon-musk-and-14-other-ways-to-attract-future-leaders
Schwantes, M. (2018). Elon Musk shows how to be a great leader with what he calls his single best piece of advice. Inc Magazine. Retrieved August 9, 2018 from https://www.inc.com/marcel-schwantes/elon-musk-shows-how-to-be-a-great-leader-with-what-he-calls-his-single-best-piece-of-advice.html
Umoh, R. (2017). The tactics self-made billionaire Elon Musk uses to motivate his teams. CNBC. Retrieved August 9, 2018 from https://www.cnbc.com/2017/07/05/2-major-ways-executives-like-elon-musk-are-trying-to-stop-you-from-quitting.html
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