Leadership & Management: Tesla and Elon Musk

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Leadership & Management
Tesla and Elon Musk

LEADERSHIP & MANAGEMENT 1
Introduction
Leadership is basically a process to influence the behaviors of others and works for the
goal and objectives of the company. In multinational companies, some strategies are
used by the leaders to lead their employees to accomplish those objectives for which
the company is working. There are some characteristics involved in great leaders such
as confidence, communication, power of influence, decision making and goal setting
strategies (Burton, 2015).
Every organization has its leader, president or CEO. The leader of any organization
expectedly finishes his job which is specified by informing the values of the association
the individual signifies (Patole, 2015).
Leadership abilities are required by a manager to control the organization's work
environment effectively. A successful manager will probably identify aptitude skills to
accomplish key objectives also manage its leadership improvement. A leader assesses
the effectiveness of the initial strategies and encourages a healthy and safe
environment that helps a culture of quality (Bush, 2010). Leaders have a great effect on
our everyday lives. In all sorts of challenges, there is constantly the requirement for
strong leadership. The accomplishment of a business or industry is resolute by the
leaders it picks or acquires. Leadership goals, successful career, and safe work
environment these words can be implemented on Elon Musk and his organizations
Tesla and Space X.
Elon Reeve Musk was born in June 1971, a South African – American born business
person. Elon organized X.com in the mid of 1999, which later changed in PayPal. Apart
from this Musk established Tesla in 2003 and SpaceX in 2002. Musk transformed into a

LEADERSHIP & MANAGEMENT 2
multimillionaire in the age of 20 when he sold his new business, Zip2, to a division of
Compaq Computers. Musk emerged as really newsworthy in 2012, when his
organization SpaceX launched a rocket that would send the essential business vehicle
to the International Space Station. He strengthened his portfolio with the purchase of
Solar City in 2016 and set up his staying as a pioneer of the business by taking on a
notice work toward the start of President Donald Trump's association (Biography, 2016).
With Tesla, Elon is the fellow benefactor, CEO, and products architect of the company,
the company committed to creating reasonable, mass-showcase electric vehicles just
as battery items and solar roof. Musk directs all item development, building, and
structure of the company’s products. After 5 years its development, in 2008, the
organization uncovered the Roadster, a sports car equipped for accelerating from 0 to
60 mph in 3.7 seconds, too voyaging about 250 miles between charges of its lithium
particle battery. With a stake in the organization taken by Daimler and a vital association
with Toyota, Tesla Motors propelled its first sale of stock in the mid of 2010, raising
226$mn (Biography, 2016). Elon is well known for his big vision and optimistic thoughts.
His followers believe in his vision and ideas. Through his childhood living conditions,
Musk has built up the vital administration characteristics of being (1) a proactive
student, (2) a diligent employee, (3) a strong visionary, furthermore, (4) an enduring
positive thinker, which still impact his achievement today. Organizations can't repeat
Musk's lifetime of involvement in their representatives. In any case, organizations can
breed initiative characteristics, (for example, those exemplified by Musk) in their
representatives by (1) building up a learning culture, (2) driving from the front, (3)
keeping a mission explanation, and (4) encouraging energy in the work environment.

LEADERSHIP & MANAGEMENT 3
There are millions of followers of Elon Musk; he has created a huge fan base by his
innovative ideas and big visions for his business (Vance, 2017).
This contextual analyzes the characteristics of good leadership skills, and what styles
and qualities an individual should have in order to be a good leader and also a
manager. This report will also assess the leadership and management theories such as
Great man theory (Trait theory), Path-goal theory, and transformational theory. It will
also analyze the critic view and its practices on Elon’s career and leadership style.
Leadership theories and its implementation
Leadership and Management have been an essential topic in the corporate, political
and military arenas. However, in spite of the problems and challenges incurred in a
leading organization, leadership has until recently, established limited attention in the all
sector. Past some decades has seen a marked growth in the time and resources
dedicated to recognizing and expanding corporate leaders.
Leadership and management theories endeavor to contribute to better leadership by
examining the key characteristics that make a leader successful and analyze actions
that elements include the management system might take to progress the quality of
leadership. Leadership and management theories consider several different key points
that analyze how a leader drives an organization and its employees.
Leaders are naturally thought to be more inspiring, visionary humble and ethical while
managers are usually expected to be more managerial and structured. Each job has
important value to the company and can run the company towards the accomplishment
of purpose and objectives the right situation.

LEADERSHIP & MANAGEMENT 4
Leadership and Management are often measured basically overlapping process.
However, both are the two different aspects of management which cannot be divided.
There are various facts of management states that leadership and management are two
different concepts (Bohoris & Vorria, 2015).
There is a various definition of leadership and the most common description of a Leader
is an individual who has supporters and admirers, and also who gain supporters and
admirers and influence but with respect to integrity and compliance. Several theories
state that leadership is not diverse from the social influence procedure occurring
between all the fellows of the group and several others state that leadership is
everything, an individual doing in order to achieve the success of its organization
(Sharma & jain, 2013).
However, one question always raised by many that leaders are born or made, and there
are various answers to this question and it is unexceptionable that to be a great leader
is not easy, an individual should have several qualities such as confidence, risk-taking,
innovative ability, and visibility (Sharma & jain, 2013).
Several theories state that management is an art, and some others define that it is a
science. Basically, management is a procedure which is utilized to run a business and
helps the organization to perform well and earn the profit.
Hence a well-managed organization must have the mix of a leader and a manager to
accomplish the goals.
When we talk about a great leader and also a good manager, there is one of the
examples that is Elon Musk; he is a well-known personality in Silicon Valley. Musk is the
co-founder and CEO of Tesla. Manage the operation of the company. Tesla was

LEADERSHIP & MANAGEMENT 5
established in 2003 (Tesla, 2018). Tesla is one of the companies which create electric
and infinitely scalable clean energy generation and storage merchandises. Elon musk
always initiates social change across society (Musk, 2013).
Some intellectual people introduce several leadership and management theories. Path-
goal theory is one of the theories which can explain leadership qualities.
This theory stipulates the style or behavior of a leader that best fits the employee and
work culture towards achieving aims and objectives, and it aims is to motivate
employees and give them satisfaction, safe environment and freedom to share their
feedback (Ma, 2015).
Elon Musk is one of the greatest leaders of the 21st century. A Path goal theory can be
applied to Elon’s successful career. Elon’s leadership practices over a collection of
situations are flawlessly described by Path-Goal theory. One example can consider by
the incident, where one of Tesla’s employees get injured at the company's plant. When
Musk comes across this issue he sent an e-mail to the Tesla staff. According to that e-
mail “It breaks my heart when anyone gets injured, I told that every injury needs to be
reported directly to me unexceptionally, I want to meet every staff member whoever
gets injured so that we could understand the situation and could take actions
accordingly and also find the area which needs to be improved, then I myself will go to
the production floor and do the task like exactly they do (Browne, 2019). With this e-mail
with an impressive message, Musk demonstrates the two of the four styles of
leadership. (1) Musk used supportive leadership by stating that he cares his
organization staff members and also he is eager to take necessary action for their
injuries. He additionally engages to be supportive by saying that he wants to create a