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Pages:
6 pages/β1650 words
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3 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Term Paper
Language:
English (U.S.)
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MS Word
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$ 31.1
Topic:
Leadership and Supervision Concepts Applied by Elon Musk
Term Paper Instructions:
For this term project, you will choose any Fortune 500 business leader of choice to research and analyze his or her application of the various leadership and supervision concept learned in our course.
Use the following outline as a guide in developing your paper
textbook Andrew J. DuBrin
Leadership: Research Findings, Practice, and Skills
10th Edition
Term Paper Sample Content Preview:
Leadership and Supervision Concepts Applied by Elon Musk
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Leadership and Supervision Concepts Applied by Elon Musk
Elon Musk is a well-known business leader around the globe, owning and being appointed as the CEO of multiple companies. As the CEO of Tesla and Space X, Musk accumulated immense wealth from the multiple industries he founded, such as Boring Company and Neuralink (Khan, 2021). After acquiring majority shares, he also took over Twitter as the owner and CEO. He hasn’t stopped yet, and his revolutionary innovation of the OpenAI shows how Musk is not new in leading organizations to become leading global brands. According to Andrew DuBrin, Musk implements several leadership and supervision concepts that have propelled his career as an industrialist and investor. Since taking over as the CEO at Tesla, Tesla has become a highly competitive brand in automotive and space innovations. Musk made Tesla shift from the local US market to become globally known with its innovations in Tesla models. Musk implements several leadership and supervision concepts in his organizational leadership and supervision.
Trait Approach
According to DuBrin, the trait approach suggests that certain traits or personalities are inherent to successful leaders or leaders who possess certain personality traits (DuBrin, 2016). Also, leaders who want to be successful in their careers must possess leadership traits such as self-confidence, integrity, sociability, and emotional stability (Muwara & Uddin, 2020). One of the key personality traits demonstrated by Musk is self-confidence. Musk is known for his high self-confidence in believing he can solve organizational issues and make them successful. As the CEO of Space X and Tesla, he stated during an interview in 2013 that he could solve complex problems dragging the two companies behind competitors (Nisen, 2013). He also mentioned that he did not only come to Tesla to solve their problems but also had the ambitious goal of colonizing Mars through his space innovations.
Musk is also known for his high intelligence and innovative thinking. In whichever company he was appointed as the CEO, he has left a legacy of innovations that made the organizations market leaders. His background in economics, physics, and computer science shows how Musk is intelligent to be an expert in several disciplines. His intelligence can be confirmed by his creation of companies such as Tesla, PayPal, and Space X, which are global brands in the market (Muwara & Uddin, 2020). According to DuBrin 2016, sociability is another vital trait for a leader. Musk is known to be very social and always stays active on his social media accounts, keeping his followers updated and motivating employees. Musk is described as an introverted leader who motivates and inspires his employees and communicates strongly. His sociability skills have made Musk also become an influential global leader.
Situational Approach
According to DuBrin (2016), as learned in class, the situational approach suggests that an effective leadership style depends on the situation. Elon Musk has demonstrated severally how a certain leadership style is effective depending on the situation. Musk is neve...
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