A Report on Elon Musk's Entrepreneurial Skills and VUCA Analysis

This report provides an analysis of Elon Musk's entrepreneurial skills, focusing on his self-confidence, leadership qualities, and people management skills. It examines how Elon Musk's approach aligns with the VUCA framework (Volatility, Uncertainty, Complexity, and Ambiguity), highlighting the importance of adapting to changing environments and utilizing business intelligence. The report also references academic sources to support its findings and concludes that entrepreneurs need a positive attitude and strong leadership to succeed. The report uses the VUCA framework to analyze the challenges in the business environment.

ENTREPRENEURIAL PERSPECTIVES

TABLE OF CONTENTS
INTRODUCTION
PRESENTING ATTRIBUTES AND SKILLS OF
ENTREPRENEURSHIP
VUCA ANALYSIS
CONCLUSION
REFERENCES

INTRODUCTION
 Present report will discuss about Elon Musk
who is CEO of world famous company TESLA.
Moreover, report will also be making use of
model VUCA for analysis.

 Furthermore, Elon musk has been known for its self-confidence as it has
invested its own money in the business project and it has been receiving
massive profit out of that investment.
 Along with this, another leadership quality is that it always lead with
example that helps its employees in increasing their motivation.
 Moreover, another entrepreneur skill of Elon Musk is people management
skill as it hires only qualified and experience people for fulfilling the
position in its company and it focus on selecting right candidate for
organization in the first
 Thus, by looking at the performance of company to can been seen that Elon
has talent for finding skilful employees time.
PRESENTING ATTRIBUTES AND SKILLS OF
ENTREPRENEURSHIP

VUCA ANALYSIS
 The agronomy originated in American Military for
determine extreme condition during warfare and now
days it is been used in business environment as it is
dynamic in nature.
 Along with this, VUCA stands for Volatile, uncertainty,
complex and ambiguous.
 Moreover, the leader should meet uncertainty with
understanding such as by analyse the situation as it will
contribute in developing innovative ideas to response.
 The company should invest in business intelligence so
that it can stay updated with industry and customer news.

CONCLUSION
 From the above report it has been concluded that entrepreneur requires positive attitude and
leadership skill in order to be successful.
 Along with this, it has summarized about analysis of Elon Musk though VUCA tool.

REFERENCES
 Aimar, C. and Smith, D. K., 2021. VUCA: A MANAGEMENT TOOL FOR DEALING
WITH CHALLENGES IN CHANGING ENVIRONMENTS. Global Journal of
Entrepreneurship, p.140.
 Allahar, H., 2019. A management innovation approach to project planning. Technology
Innovation Management Review. 9(6).
 Anuradha, T. and Sujatha, D., 2019. Role of strategic leader in the VUCA
world. International Journal of Advance and Innovative Research. 6(1). pp.72-76.