I need some assistance with these assignment. elon musk Thank you in advance for the help! Module Elon Reeve Musk Elon Reeve Musk is a South African born, investor, entrepreneur, engineer and inventor. He is the CEO of SpaceX, and founder of Tesla Motors and PayPal. He later moved to America and at the age of 24 enrolled for Ph.D. at Stanford University but dropped out after only two days to pursue entrepreneurship in the fields of Internet, Renewable Energy, and outer space. He founded Zip2 a web software company in 1995 and sold it to Compaq for 307 million US dollars in 1999. In the same year, he co-founded X.com an online financial services and e-payment company that later merged with PayPal. Musk sold his Paypal shares for 165 million US dollars in 2002 and founded Space Exploration Technologies or SpaceX, which manufactures and develops space launch vehicles with the aim of advancing rocket technology. The company has a string of astounding successes including winning a 1.6 billion US dollars NASA contract. Musk views space exploration as part of the expansion of human life
Tesla Motors on the other hand manufacture electronic cars and electric power train systems. His efforts to produce electric cars have seen him compared with Henry Ford. He is also associated with SolarCity the largest solar power systems manufacturer in the United States. Both Tesla and SolarCity aim to reduce global warming. His philanthropic nature goes further. His Musk Foundation focuses on clean energy.
With this string of enviable achievements, there are many things we can learn from Musk including lessons in leadership. Musk says leaders must lead by example, and no task is too menial for a leader. He believes in working like hell and is known for a tenacious work ethic. His second lesson is that leaders should have a purpose. He believes leaders must develop a vision and work towards achieving it. His vision is to go to Mars. Next he believes in creativity and says without creativity innovation and progress are impossible. Collaboration and teamwork are important too, and leadership is about doing rather than telling. Musk encourages innovation and urges employees to come up with new ideas. He is a modern example of young and extremely successful innovators and entrepreneurs like Steve Jobs and Mark Zuckerberg.
He believes in being decisive as a leader and says this promotes efficiency. Strategy and action lead to results. He also advocates for adaptability and belief in change. Change will always present challenges and leaders need to be able to adapt. Musk believes in using scientific methods to assess the right people during recruitment. He and says leaders should make sure they hire the first person the first time and set high standards for their Managers. The best leaders are self-aware and understand the power of adjusting their behavior and styles of leadership to inspire their staff.
Lastly, the right people should be given the right roles. He says building a company is like baking a cake. Ingredients have to be in the right proportion. Set people for success. If people have happy and energetic roles, they will work hard for the success of the company.
Top 10 in Leadership from Elon Musk
By Rob Friday, With Robert
Elon Musk is a South Africa-born inventor and investor. He is the CEO and CTO of SpaceX, CEO of Tesla Motors, and Chairman of SolarCity. He is an early investor in SpaceX, PayPal, Inc, Tesla Motors and Zip2.
Lesson #1: Lead by Example
“If you’re co-founder or CEO you have to do all kinds of tasks you might not want to do …