Report on Leadeship Style of Elon Musk
Added on 2020-06-03
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LEADERSHIP ANDMANAGEMENT,THEORY AND PRACTICE
Table of ContentsINTRODUCTION...........................................................................................................................1Leadership style used by Elon Musk......................................................................................1The leadership qualities of Elon Musk...................................................................................3Elon musk exemplification of ethical leadership and its advantage and disadvantage. ........4CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................8
INTRODUCTIONLeadership is the ability of individual to lead or assist other people , teams or entireorganization (Hoch and Kozlowski, 2014) . The leaders give right direction to their team or tothe organization in which they work for. The direction is set by them, vision is build andsomething is new also created. In order to guide their team in the right direction the managementskills are been used by leaders. For the vision of the future the inspiration is been created bythem and to enhance the people in that vision the leader motivated and inspires the people. Aleadership style is the style of leaders that gives direction, implement plans and encouragespeople.In this report the leadership style that is been used Elon Musk will be explained and thequalities of leadership that have lead him to the success or failures of his business will beexplained in this report. The advantages and disadvantages of ethical leadership will alsoevaluate in this report.Leadership style used by Elon MuskIn work environments the different types of leadership style exists. The style of leadership thatfits in the firm best is determined by the culture and goals of an organization. There are varioustheories of leadership and some of them are as follows-:Great man theory – This theory states that leader are born and are not made. With or without theessential characteristic of leaderships a person is born. This theory states that people are bornwith these traits and only great individual possess them (Paustian-Underdahl,Walker and Woehr,2014).Trait theory – From a person' s individual traits or the characters the great leadership is derived.This is known as trait theory. The personality, social, physical or intellectual are traits thatdifferentiate leaders from non-leaders. On the great man theory the trait theory is based on and inits analysis of leaders it is more systematics. It is also been assumed in this theory that personalcharacteristic of leaders are their key to success. The traits such as intelligence, decisiveness,maturity, self-actualization, power over others, Human relation attitude, inner motivation etc arethe some traits of the leaders. They are adaptive as they have a skills of creativity and fluencyand also have self-confidence in oneself (Day and McKee, 2014).Behavioural theory – In terms of what leaders so the behavioural leadership describes leadersand is completely opposite to trait theory. It is been presented in this theory that leadership is not1
a set of trait but it is a set of behavioural and style. More than the traits of the person theleadership is been shown by act of the person. The leadership potential is been determined by thepattern of actions used by different individuals. In two categories the behavioural theoriesdivides the leaders. With the task that is concerned and with the people that is created(Blackburn, Hart and Wainwright, 2013). Functional theory – It is the responsibility of the leaders to assess the need of their customers andmake sure that there needs are met. The five primary functions need to be performed by theleaders such monitoring of environment, the subordinate activities need to be organized, thetraining and coaching need to be given to sub-ordinates , the followers ned to be motivated andencouraged and in the work of group participation must be there.Traction theory – Based on the performance of the subordinated the elders have the ability torewards or punish them. A goals need to be used by the leaders and training need to be given tosub-ordinate towards the achievement of that goal and then the analyse the performance of sub-ordinate towards the gaols. And when the gaols are met the subordinate must be rewarded forthat .Transformational theory – In this the attention is been paid on big picture and in order toencourage the followed effectively and efficiently to execute true vision the communication isbeen used. To be visible and accessible the transformational leadership calls for leaders and inorder to realize new ideas it seek out new ides.Environmental theory – The psychology and self-awareness is been used by leaders in order tofoster self-sustaining environment to bring the best in each other. A culture is being created bythe leader that encourages and excited the embers to complete the work not because they arerequired but for benefit of the group.In the give case study that is about Elon Musk the theory that is followed by him is thetransformational theory. On the high-level of communication from management thetransformation leadership style depends (Bharadwaj and Venkatraman, 2013). Throughcommunication and high visibly Elon Musk encourages employees and enhance productivity andefficiency. In order to meet the goals of business there is a involvement of management. Withinan organization on the big picture the focus is been there and the small task are delegated to theteam to accomplish goals. It is been clear from the statement that transformational theory is beenuse by him as he found great success as his vision was big. The great man theory also applied2
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