What Is The Leadership Profile Of Elon Musk?

858 Words2 Pages

M1A1: Leadership Profile of Elon Musk Joseph T. Hanovich Excelsior College BUS552: Leadership Instructor: M. Corona M1A1: Leadership Profile of Elon Musk Elon Musk is the visionary leader of multiple companies, including SpaceX and the Fortune 500 listed company Tesla. He was born in South Africa and later immigrated to Canada and then the United States as a teenager. His meteoric rise to power occurred during the height of the Dot-com bubble of the late 1990’s and early 2000’s, with his first two companies being internet based service providers. Utilizing the profits from his business ventures to continue to forge new markets, he truly established his reputation as an innovator with his subsequent companies, which saw him develop …show more content…

His rise to success is the result of his almost maniacal pursuit of his ambitions. Musk acknowledges the creation of revolutionary cars, advanced rocket systems, and space colonization will not happen working just 40 hours a week (Daum, 2015). Musk’s leadership style relies on the heavy use of referent power and the selling his vision to his employees (Hellriegel & Slocum, 2011). He displayed an example of his ability to inspire his team after the third failed launch of the Falcon 1 rocket in 2008. Musk addressed his company prior to holding a press conference, and during a short statement to his employees, his leadership galvanized and reinvigorated the entire SpaceX team, leading to the first successful launch of a SpaceX mission only seven weeks later (Feloni, 2014). His ability to influence his employees to buy into his vision of the future is instrumental in the ability of his companies to recruit, grow, and retain high performing and innovative employees despite his intense demands and high expectations (Hellriegel & Slocum, 2011). SpaceX and Tesla are both ranked as having the some of the highest levels of job satisfaction amongst technology companies, with Glassdoor.com ranking SpaceX at number 40 on their list of best employers despite the stressful work environment and tight deadlines, and ranking Elon Musk 8th on their Top CEO’s list, with a 98% approval rating based on …show more content…

& Slocum, J.W. Jr. (2011). Organizational Behavior, (13th ed.). Mason, OH: South-Western, Cengage Learning Herron, T.J. (2016). Deep space thinking: What Elon Musk’s idea to nuke Mars teaches us about regulating the “Visionaries and daredevils” of outer space. Columbia Journal of Environmental Law, 41, 553. Retrieved from http://vlib.excelsior.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=edslex&AN=edslex7DDA8F93&site=eds-live&scope=site Metz, C. (2016). Inside OpenAI, Elon Musk’s wild plan to set Artificial Intelligence free. Retrieved from https://www.wired.com/2016/04/openai-elon-musk-sam-altman-plan-to-set-artificial-intelligence-free/ Nunes, P. & Bellin, J. (2014). Elon Musk’s patent decision reflects three strategic truths. Harvard Business Review. Retrieved from http://vlib.excelsior.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=118647474&site=eds-live&scope=site Statt, N. (2017). Elon Musk launches Neuralink, a venture to merge the human brain with AI. The Verge. Retrieved from

Open Document