Challenges Faced by Leaders in Projects: A Case Study of Tesla Electric Car and Space X

Running Head: PROJECT LEADERSHIP
September 17
2018

PROJECT LEADERSHIP 1
Table of Contents
Challenges for leaders................................................................................................................2
Challenges at Tesla Electric Car................................................................................................2
Challenges at Space X................................................................................................................3
References..................................................................................................................................4

PROJECT LEADERSHIP 2
Challenges for leaders
Globalization has increased the competition to such a very extent that it is almost impossible
to come back even if we want to. In such a competitive world being a leader is in itself a
challenge. Today the knowledge economy has come to such a sharp focus that it has come to
the point above anything else. Today leaders are supposed to defeat the competition and take
their organization to the top at least within the industry (Nodine, & Johnstone, 2015).
Working on any project will introduce challenges to leaders working on it. Leaders’ job is to
take decision to direct the organization growth. Leaders are responsible for the project’s
success as well as failure. Their task is to analyse every possible factor to complete the
project successfully. In this journey from starting a project to the successful completion is
very challenging varying from project to project. In case of projects like Space-X and Tesla
Electric Car these challenges are very tough for leaders especially. Such huge projects
associate with high level of multiple risks that leaders have to face during the whole time
period of the project life (Kabisch, 2015). Elon Musk founder of tesla companies introduced
both the projects with so much expectation that leaders working on these projects have to be
very precise and make decisions with strong statistical evidences in the support of their
decisions.
For leader working on such projects different external and internal challenges can be faced by
leaders. In situation like working on such a big project always comes with so many
responsibilities for the company. This ability of people working under such pressurised
situations makes them different from other.