Role of Elon Musk in Organizational performances

Leadership is particularly crucial in facilitating the performance of any organization or business. Different leaders employ various leadership styles and skills to influence their subordinates towards achieving organizational goals positively. Regarding Tesla Motors and SpaceX, CEO Elon Musk has been a critical leadership figure and his personality, vision, ambition, leadership styles, and all-round decisions have been crucial in facilitating organizational performance in his businesses. Elon Musk has been at the forefront of evolutionary automobile technology, sustainable energy and storage, and most significantly, space exploration. Organizations like Tesla Motors are paving the way for a sustainable environment by focusing on electric powered cars minimizing carbon emissions to the atmosphere. Despite the several challenges Elon Musk and his organizations have faced, the business leader has remained focused and his organizations remain competitive and successful. This paper will assess the role of Elon Musk in facilitating organizational performance and the exercise of leadership, power, and influence. The paper will also discuss the requirement of leadership development and provide a criterion for assessing the effectiveness of an organization’s strategy.

Role of Elon Musk in Organizational performances

As earlier mentioned, Elon Musk has played a crucial role in the success of his organizations and particular Tesla Motors. Elon is well-known for his leadership styles that have translated into the work ethic of his employees and the general outstanding performance of his organization. As of 2020, it is estimated that Tesla is estimated to employ close to forty-seven thousand people. The company has accumulated and gross net-worth of forty-five billion dollars while Elon himself is worth close to twenty billion dollars. An organization can only boast of such success if it has an elaborate strategy, a productive workforce and an effective leader. It is, therefore, crucial to evaluate the role that Elon Musk has played in facilitating performance from his employee and his organization.

One of the most significant roles that Elon Musk has played in promoting organizational; performance in Tesla Motors is creating a learning culture among the company’s management and employees. Elon’s moat notable trait is that he is a proactive learner. Since childhood, Elon Musk has taken every challenge presented to him as an opportunity to learn. This makes the business leader very adaptable to various situations. By building the same learning culture at Tesla, employees at the company are continually learning and developing their skills, thus giving the company a competitive edge and also facilitating organizational performance.

From a young age, Elon Musk has always been devoted to creating a better life for himself and his family. He took on odd jobs and worked hard in every one of them. Elon’s hard-working cultures are undoubtedly the backbone of his success. Even when handling matters concerning his organization, Elon Musk is always hands-on, and he would probably spend more hours working than any of his employees. This hard-working culture is very crucial in monitoring his workforce towards achieving organizational goals and thus facilitating and driving organizational performance.

Apart from creating a hard-working and learning environment in his organization, Elon Musk is very outspoken about his mission and vision for the company. However, Tesla’s Mission and Vision statements, the organization’s employees draw a sense of focus and inspiration crucial in enhancing collaboration. Additionally, Elon Musk ensures that he employs only the nest and most talented individual to work in his organization. In doing so, Tesla’s workforce is very productive and records high employee satisfaction levels. Additionally, my Elon Musk remains very optimistic, even when facing unwavering competition and challenges. His optimism has been very crucial in creating a culture of resilience within his organization. Altogether, Elon Musk has created a conducive environment for himself, his employees and his organization to remain productive and drive for organizational performance.

1. Leadership, Power, and Influence

Many organizations have aspects of power, leadership, and influence rooted in their structures. The ability of a leader to exercise power and influence is crucial for the success of an organization. Elon Musk has used his resources to invest in his vision for the future. He invested a significant amount of money in establishing his space exploration company that has made groundbreaking advances in the mission to colonize Mars. Additionally, as the head of Tesla Motors, Elon Musk has led his organization effectively despite the several failures. Elon Musk also uses his resources to employ talented individuals to design and develop many of his products. Elon Musk is more than capable of leading his organization due to the leadership qualities that he has employed throughout the years. Being able to effectively leads this organization and inspiring his team towards organizational performance, Elon Musk has vast power and influence that call for the great responsibility of which he exercises.

Power is characterized by the ability of an individual to accumulate resources and get a task done. As earlier mentioned, Elon Musk has a net worth estimated at twenty billion dollars. His money gives the entrepreneur great power. Additionally, Elon Musk has pocketed several investors who believe in his ambition and missions. Elon uses most of his money to finance his ventures by employing the necessary individual who can help facilitate meeting organization goals. Elon’s leadership and power have made him one of the most influential individuals in the world. He has influenced companies, investors and even world governments into joining many of his courses. Additionally, Elon exercises’ expert power’ over the organizations he leads in that he has the intellectual capabilities in business and engineering together with social interaction that makes him the perfect guy for the job.

Elon’s money and resources provide him with ‘personalized power’ which he balances with the ‘social power’ bestowed on him by the American people. Elon Musk is often referred to as the new face of American Exploration to Space. Additionally, he has had a significant impact on changing perspectives in both the automobile and energy sectors. Due to his influence, Elon is tasked with great social responsibility. Nonetheless, his influence, power and formidable leadership draw investors to his organizations despite past failures.

1. Requirements of Leadership Development

Unlike many other business leaders, Elon Musk is not one to give up leadership easy. His relentlessness and ambition have probably been the secret behind his success. Nonetheless, Elon Musk has established several strategies within his organizations that have been elemental in Leadership Development. Leadership development gives organizations a competitive advantage in that they nurture talent and help develop leadership skills to the benefit of the organization. There are several requirements needed for an effective leadership development program.

One such requirement is effective communication. Communication is a crucial requirement because it facilitates social understanding between employee and leaders. Leaders have equipped with good communications skills since it is crucial in the various roles that a leader has to assume, such as planning, delegating, and organizing. Another crucial requirement in Leadership development is accountability. It is crucial to identify the traits and skills that characterize a good leader among the employees in an organization. One of such traits is accountability. Training leaders on accountability ensures that when left to lead, they can instil organizational performance.

One factor that characterizes business is change. Therefore, change management is a crucial requirement for any Leadership development program. Leaders need to be able to adapt to any changes and make the most out of any situation or challenge presented to them. Change management helps leaders develop the skills necessary for performance in changing work environments. Apart from change management, Leadership development also requires leaders to be trained in negotiation and influence. Without influence, power can be useless, and in the case of confrontations, negotiation skills go a long way in maintaining peace in business environs. All these Leadership development requirements ensure that leaders going through such programs are well equipped with the necessary skills needed to drive for organizational performance.

1. Criteria for Measuring an Organization’s Strategic Effectiveness

For any organization to realize success, it has to ensure that its strategies are effective. Organizations strategies must align with their objectives. A strategy is deemed successful when the resources allocated to the strategy are utilized effectively to meet an organization’s goals. It is, therefore, crucial to ensure that strategies are monitored in how resources are utilized and how effective they are at meeting organizational goals. Effective strategies need to follow a specific criterion. First, they have to be able to meet if not surpass the expectation or goals of an organization. Therefore, the strategies have to be measurable and time-bound to enable adequate monitoring. It is also advisable to ensure that variables of the strategy are measured during the initial stages of implementation to enable constant evaluation of the strategy.

1. Conclusion

A leader plays a significant role in the success of an organization. Leaders need to be able to establish effective strategies, and that will promote organizational performance. Additionally, a leader needs to be able to exercise his/her power and influence in a manner that is ethical and promotes social responsibility. Elon Musk has undoubtedly set an example of what strategic leadership can accomplish. Despite his legacy still in the works, he has exhibited exceptional exercise of power, leadership and influence. Elon Musk aims to revolutionize the automobile industry and make gas cars a thing of the past. He also wishes to revolutionize space exploration, and his most significant goal is colonizing mars. By employing strategic leadership, Elon is well on his way to achieving his vision for the future.

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