Elon Musk and the Success of Big Vision

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INESS
Business Management
Elon Musk and the Success of Big Vision

BUSINESS MANAGEMANT 1
Executive summary
Business management is a process to manage the business in order to achieve success. Business
management involves the idea of the whole process of running a business and delivering an
unexpectedly outstanding result. To win the market’s battle entrepreneurs must have a unique
idea, management traits and facts commitment, vision and basic business skills. With this report
that can be examined that how things can be done with the business process for a successful
business plan and how Elon Musk achieved success in his career, and the theoretically based
leadership style and qualities of his successful career.
Table of Contents

BUSINESS MANAGEMANT 2
Introduction......................................................................................................................................3
Leadership style used by Elon musk...............................................................................................4
Musk’s Leadership qualities that has contributed to his success or failure.................................5
Ethical leadership.........................................................................................................................7
Advantages..............................................................................................................................8
Disadvantages..........................................................................................................................8
Conclusion.......................................................................................................................................9
Bibliography..................................................................................................................................10

BUSINESS MANAGEMANT 3
Introduction
In order to achieve success understand business management, an entrepreneur or manager first
need to make and strategy towards goals and objectives. An entrepreneur is concerned with new
idea and strategy, must have the vision and gets committed to the objectives and goals of the
organization (Burton, 2015). Great entrepreneur Elon Musk is an example for all the managers
and entrepreneurs. He is one of the few founders with innovating ideas in the engineering space
instead of creating the next new step (Vance, 2017). By assessing the report that can be
examined that what are the qualities, an entrepreneur and leader must have to be a great leader,
and also ethical leadership.