This presentation discusses the leadership style of Elon Musk, including his use of transformational, coaching, and servant leadership styles. Learn how these styles contribute to his success in managing multiple businesses.
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PERSONAL AND PROFESSIONAL DEVELOPMENT
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TABLE OF CONTENTS INTRODUCTION MAIN BDOY CONCLUSION REFERENCES
INTRODUCTION Leader style plays very excellent role for a person who wants to a lead a team or a group. Currently most business leaders within different organisations tries to adopt and use different styles of leadership, because these styles provide an appropriate framework to lead lots of people in very effective manner. This presentation discusses leadership style of Elon Musk. Elon Musk is one of top business leaders in across the world. He is founder and CEO of group of businesses, like; SpaceX, Tesla motors and the boring company etc.
MAIN BODY Leaders style of Elon Musk Elon Musk not uses only one style of leadership, because it adopts different styles of leadership to deal with different business situations. Reason is, he not operates a single business, so that he always required to change own style of leadership while operating different businesses. Currently almost all employees of Elon Musk are very satisfied with his different styles of leaders. However, he generally believes in using transformational style of leaders within its daily operations.
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CONTINUE…. Transformational leadership style Basically, this style of leadership is mostly used by Elon Musk in own daily operations. This style of leadership supports him to transform itself to properly deal with different situations. With the help of this leadership style, he can simply make any changes within its daily operations of businesses. According to Elon Musk, every business owner or manager have to adopt and use this leadership style to achieve an effective outcome within own daily business operations.
CONTINUE…. This is the main reason that, he can simply transfer himself in different conditions and situations of business. Transformational leadership style contributes to Elon Musk to maintain an effective relationship with its different employees. There are effective employees’ relations plays very excellent role in encouragingemployeesforputtingtheirexcellenteffortsinthe workplace. Currently top-level management within most ventures and businesses triesadoptthistransformationalleadershipstyletogainvery productive outcomes within their daily business operations.
CONTINUE…. Coaching leadership style Generally, Elon Musk uses coaching style of leadership as well. This style of leadership helps him to be a coach to its different employees in the workplace. By using this style, he enables to teach its employees about how to handle different situations ion the workplace. Accordingtodifferentbusinessexperts,coachingleadershipalways increasesthelevelsofknowledgeandinformationwithindifferent employees in the workplace.
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CONTINUE…. This is the main reason that, Elon Musk has used this style of leadership within its daily operations. On the other side, this style of leadership plays very appropriate role in improving performance and productivity of employees as well. So that, when employees at any organisation or business has an effective performance and productivity, then that business can simply achieve very higher success in the market. However, currently Elon Musk takes lots of advantages through this coaching style of leadership within its daily operations.
CONTINUE…. Servant leadership style Servant leadership is another key leadership style that has used by different CEO and MD within their business environments. In this situation, there are Elon Musk also sometimes uses this style of leadership in work workplace. Currently he is CEO of different ventures called; SpaceX, The Coring company and Tesla Motors, in which by using this style, he can simply serve own extra- ordinary services to grow its various ventures together. This leadership style helps to Elon Musk for continuously developing his different skills and abilities in the workplace.
CONTINUE…. Servant leadership style motivates to Elon Musk in the contextofprovidingtheservicestoitsvarious customers as well. Due to having servant leadership style, currently he is able to provide very appropriate products and services to its different customers. That’s why lots of customers and people within the market are very satisfied with different businesses of Elon Musk.
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CONTINUE…. Role of leadership There are leadership plays very excellent role in achieving the success of an organisation. CurrentlyElonMuskrunsit’sallbusinessesandventures successfully in different market segments just because of having effective skills of leadership. Nowadays there are thousands of employees or people properly works under the command of Elon Musk.
CONTINUE…. That’s why every manager, leader or CEO within different companies or ventures have to develop their skills of leadership to gain very productive results. According to Elon Musk, he always like to read different stuff which has based on effective leadership, because this attempt positively affects his skills of leadership. He never stops learning about how to more and more develop leadership skills, because earning huge profit margins for long time is the main objective of Elon.
CONCLUSION Itcanbeconcludedthattherearemanystylesof leadership has adopted and used by Elon Musk in its daily life. He specially uses transformational style of leadership, because he operates group of businesses, so this style helpshimtomanagedifferentthingseffectivelyin different businesses. Leadershipskillsplaysveryexcellentrolehimfor achieving great success in its personal life.
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REFERENCES Books and Journals Maloney, K., 2018.Analysis of Gender Discourses in Neo-Charismatic Leadership Theories. (Doctoral dissertation, University of Cincinnati). Gratell, P. and Dahlin, C. J., 2018. How does social media affect entrepreneurial leadership: A qualitative study on entrepreneur’s perceptions regarding social media as a tool for entrepreneurial leadership. Borins, S. and Herst, B., 2018. Cults of Personality: Fables of the Automobile Manufacturing Industry. InNegotiating Business Narratives. (pp. 23-35). Palgrave Pivot, Cham. Elkington, R., 2017. Ethical Leadership at the Speed of VUCA'.Visionary leadership in a turbulent world: Thriving in the new VUCA context. pp.13-37.