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Pages:
14 pages/≈3850 words
Sources:
2 Sources
Style:
Harvard
Subject:
Management
Type:
Term Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 81.65
Topic:

Contemporary Leadership Perspectives: Elon Musk’s Leadership at Tesla

Term Paper Instructions:

The writer of the topic decides by himself, preferably no more than 50 words before and after 4000 words, thank you.

Summative Assessment 2 (70%) (4000 words)

Blackboard (details will be on Blackboard)

Learning Outcomes (ILOs 1,2,3,4)

Activity Instructions

  • Using indicative evidence from one real life case of an organizational situation/problem/event, internal/external pressures:
  • Introduce, analyse and discuss an appropriate leadership approach or strategy (e.g., transformation leadership approach, participative leadership etc.) for the organisation, and any expected scenario(s) of organisation change/outcomes that would occur as a result of this leadership approach/strategy.
  • Define, critically assess and apply appropriate leadership theory(ies) (e.g, upper echelons theory, leader-member exchange, theories of values based leadership, etc.), to analyse your case example.
  • Build on this theoretical work with appropriate, critically assessed supporting empirical evidence (i.e., journal articles that include quantitative surveys, interviews, meta-analyses*) from high quality academic journals/books (e.g., CABS 3, 4, 4*), that give evidence of relevant leadership, strategy and change aspects and outcomes.
  • Using and citing these literature, provide theory and evidence based relevant, academically supported suggestions for practitioners.
  • The chartered association of business schools (CABS) provides a helpful list of high-quality journals (try to use 3-4 range where you can). You can sign up for the guide here: https://charteredabs.org/academic-journal-guide-2021/(ILOs 1,2,3,4)
  • Sources to establish the real-life case for the introduction can also include high quality grey literature, such as newspapers (e.g., Economist, Financial Times etc.) or reports (e.g., UN/OECD/Chamber of commerce, company reports)
  • Expected Number of Sources: minimum 35-40 references

*if you don’t know how to read the numerical tables of statistics, just read the authors findings, discussion and conclusions to obtain relevant details.

 

Term Paper Sample Content Preview:

Contemporary Leadership Perspectives: Elon Musk’s leadership at Tesla
Table of Contents Introduction..................................................................................................................................... 3 The Musk Journey....................................................................................................................... 3 Autocratic Elon Musk.................................................................................................................. 4 Autocratic Leadership..................................................................................................................... 6 Transactional Leadership................................................................................................................ 9 Recommending Transformational Leadership for Tesla............................................................... 10 About transformational leadership............................................................................................ 10 Why Transformational Style for Tesla?........................................................................................ 11 Expected Changes......................................................................................................................... 13 Increased profits........................................................................................................................ 14 Change in the organizational structure...................................................................................... 15 Job satisfaction for employees................................................................................................... 15 The attraction of top talent........................................................................................................ 16 Conclusion..................................................................................................................................... 16
Contemporary Leadership Perspectives: Elon Musk’s leadership at Tesla
Introduction
Leadership is one of the core elements of a successful company, and different leadership styles suit particular situations more than others. Each leadership style has its implications. Companies must choose the style whose implications are most compatible with their business needs and the company's core strategy. The contemporary business world is characterized by exponential evolution in technology and the same has gained unprecedented relevance in almost all aspects of a business. Transformational leadership has been most reliable in the tech age, especially for I.T. companies. In this report, a recommendation is being presented that Elon Musk switches from autocratic leadership in his Tesla Company for transformational leadership that empowers employees to be more creative for innovation. Elon Musk has always opened little room for his employees to contribute to decision-making. Despite the excellent progress with his company, it is believed that he would have reached greater heights had he practiced inclusivity in the company. The report will start with analyzing the current leadership situation at the company before proceeding to give reasons for the re...
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