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Elon musk
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- 2. • At theAge of 10, parents got divorced • Bullied as a child • Created a game called “Blastar” and sold for $500. • Always interested in fundamentals of physics • He was always lonely and a big daydreamer. • Had a penchant for reading Life changing stories of Elon
- 3. Companies started byElon . 2001 2006 1999 2004 2014 2016 1995 . Gigafactory 2013
- 4. • At theAge of 10, parents got divorced • Bullied as a child • Created a game called “Blastar” and sold for $500. • Always interested in fundamentals of physics • He was always lonely and a big daydreamer. • Had a penchant for reading ELON’S CHILDHOOD
- 5. • At theAge of 10, parents got divorced • Bullied as a child • Created a game called “Blastar” and sold for $500. • Always interested in fundamentals of physics • He was always lonely and a big daydreamer. • Had a penchant for reading ELON’S CHILDHOOD
- 6. Narcissistic • Gifted andcreative strategist • Ability to advance the transformation • Extreme risk taking ability
- 7. “That is noexcuse. I am extremely disappointed. You need to figure out where your priorities are. We’re changing the world and changing history, and you either commit or you don’t.” – Elon Musk to employee who went to see his new born baby. Lack of empathy
- 8. StrengthsExtremely hardworking & committed Inappropriatebehaviour in public forums Lack of empathy & trust Far fetched ideasWeakness Ability to attract great talent Fortitude / Resilience Visionary Uninspiring personal life Accountability in relationship with employees
- 9. Resilience • Costing $7million dollars and years of hard work • “Look it is going to be easy, Don’t freak out’, said Elon musk. • Despair – Hope – Focus • Finally succeed in 2008 and got a $300 million contract from NASA after 3 attempts.
- 10. Commitment • Eberhard &Tarpenning – Founders • Musk – Major stakeholder • He took over as CEO due to inability of Eberhard to deliver results. • Musk dealt with this situation extremely well and saved from bankruptcy. • “We will not stop until every car on the road is electric” – Elon Musk
- 11. Space X Tesla Motors AddContents Title To revolutionize space transportation, with the ultimate goal of making life multi-planetary. To accelerate the world’s transition to sustainable energy. Core purpose
- 12. Space X Tesla Motors AddContents Title To make sure every car on road is electric. To make the journey to Mars by 2024. BHAG
- 13. StrengthsExtremely hardworking & committed Inappropriatebehaviour in public forums Lack of empathy & trust Far fetched ideasWeakness Ability to attract great talent Fortitude / Resilience Visionary Uninspiring personal life Accountability in relationship with employees
- 15. Transformational Leadership The degreeto which the leader challenges assumptions, takes risks and solicit follower’s ideas. - Elon invested all the money made from Paypal in Tesla and SpaceX It is degree to which Leader articulates a vision that is appealing and inspiring to followers. - Elon displayed this when SpaceX suffered a catastrophic loss. . Charisma and degree to which leader serves as a confident powerful role model, appealing to followers on a emotional level. -Elon demonstrated this by putting money where his mouth is. The degree to which the leader attends to each follower’s needs, acting as a mentor or coach. - He does it unconventional way by setting unrealistic goals, verbally abusing employees. Idealized Influence Inspirational Motivation Intellectual Stimulation Individualized Consideration
- 17. Bibliography • https://www.businessinsider.in/How-Elon-Musk-Is-Revolutionizing- Two-Major-Industries-At-The-Same-Time/articleshow/21261518 • https://www.forbes.com/sites/jonyoushaei/2018/03/06/elon-musks- 10-secrets-to-success •Elon Musk A Case for transformational Leadership / www.researchgate.net/publication/299784561 • https://www.cnbc.com/2017/06/20/elon-musk-how-to-be-a-great- leader. • https://www.ted.com/talks/elon_musk_the_future_we_re_building_ and_boring?
- 18. MEET YOU ON MARS….. UNTIL THEN… TAKE CARE RISK