my role model elon musk essay

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Elon Musk as a Role Model: Lessons to be Learned from a Transformational Innovator

2018, Center for International Business and Educational Research

As a successful businessman and unique innovator, Elon Musk has already earned a place in the annals of contemporary business history. With a USD $28,000 loan from his father, Musk co-founded a web software company (Zip2) which was later acquired by Compaq. He took his proceeds from the sale to then create X.com which was subsequently purchased by PayPal. At this point, Musk could have purchased a small island and retired quite comfortably as a rich, young man. Instead, he invested his wealth into developing a series of businesses: SpaceX (2002), a space transport services company focused, in part, on establishing future human colonies on the moon and on Mars; Tesla Inc. (2003), a manufacturer of electric cars; SolarCity (2006), a solar energy services business; OpenAI (2015), a nonprofit created to promote safe artificial intelligence; Neuralink (2016), a company focused on creating brain-computer interfaces, and; The Boring Company (2016), a business that develops transportation infrastructure.

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Entrepreneurship: Elon Musk as a Role Model

Introduction, reflective summary, model entrepreneur, entrepreneurial profile, reference list.

Gaining entrepreneurial skills is an important component of a successful self-development practice aimed at training individual attainments in assessing current market conditions and introducing adequate methods of competition. During my study of current theoretical concepts in this industry, I have identified a number of meaningful frameworks that have shaped my vision of the ideal entrepreneur and provided a comprehensive picture of practical approaches.

I have managed to identify my strengths and weaknesses and understand which type of entrepreneurial activity suits me best. Initially, it was hard for me to navigate the rich terminology, but later, I expanded my knowledge and acquired valuable analytical skills. At this point, I have formed a vision of what entrepreneurship is and what features it has, and in the future, I intend to follow effective strategies to realize my potential to the full extent.

The field of entrepreneurship is an individual sphere with unique approaches and a wide range of concepts and practices that define and explain related trends. In particular, the formed entrepreneurial mindset, developed from the theory of entrepreneurship, is a collection of ideas and actions to mobilize in the right situations (De Winnaar & Scholtz 2019). The entrepreneurial decision-making process plays a particular role in this scheme. According to De Winnaar and Scholtz (2019), this process forms characteristic approaches to the analysis of different operating environments and is based on the implementation of a set of interventions at internal and external levels.

Thus, I can assume that entrepreneurship is a system based on responding to various fluctuations in a specific area. Effective adaptation to any business environment reflects the success of entrepreneurial practices. Failure to introduce productive approaches and action plans at different phases, conversely, highlights weaknesses and explains the need to adjust the current decision-making process.

The success of entrepreneurship, as a universal concept, is built on the capacities that stakeholders have. For instance, if I have sufficient knowledge and skills to reorganize the current workflow in favor of the potential growth of my business, I will implement the available capacities effectively. However, entrepreneurship implies not only using but also training (Rodríguez-López & Souto 2020). It is impossible to build a successful business without having experience, which is known to be gained through mistakes and gaps. Entrepreneurship, in this case, is a set of practical models and approaches that, being studied earlier, make it possible to allocate available resources as efficiently as possible and create a sustainable operating mechanism. Choosing appropriate practices is a trait of a successful entrepreneur, and I strive to develop the necessary skills and self-educate to replenish my professional background regularly.

I aspire to be an entrepreneur who successfully operates with both traditional theoretical concepts and modern approaches based on innovations and the latest advancements. For this purpose, I can use a wide range of digital platforms and applications that have gained popularity in the Internet age and become tools to speed up the decision-making process (Wu, Chen & Pan, 2019). In addition, I want to use not only professional but also interpersonal communication skills successfully.

Wu, Chen, and Pan (2019) mention a wide range of opportunities to interact with entrepreneurs globally to share experiences and learn from advanced practical solutions. I believe that for a successful entrepreneur, it is critical to possess developed communication skills to earn the trust of interested parties and use the maximum opportunities to promote a particular business. Therefore, I intend to work in these directions and expand my interaction attainments because, at the moment, I feel that this aspect is not my strength.

To reach what I aspire to, I need to pay attention to specific attributes and characteristics that a successful modern entrepreneur should possess. In academic literature, different properties and skills are listed. For instance, among crucial personality attributes, some researchers mention “risk-taking propensity, innovativeness, the locus of control, need for achievement, general self-efficacy and tolerance of ambiguity to assess the levels of entrepreneurial characteristics” (Anwar & Saleem 2019, p. 284). When analyzing these features, I would highlight innovativeness and the need for achievement as the integral components of success. The wider the range of methods and approaches the entrepreneur uses and the more diverse the algorithms for achieving goals, the higher the likelihood of accomplishing the set aims productively. Therefore, in addition to communication skills, I intend to emphasize innovativeness and the need for achievement.

From a wide range of outstanding entrepreneurs, I would like to draw particular attention to Elon Musk, the owner of the SpaceX corporation and a business genius. During his long career, this man has proven that a bold vision and a reluctance to put up with traditional approaches can pay off and bring significant dividends (Yauney 2018). By focusing on innovation, Elon Musk has not only made a multi-billion-dollar fortune. His greatest achievement is the transformation of the business sector because he has proved that the boldest ideas can become a reality if the efforts and resources are put in to make them happen.

Elon Musk has not always been a world-famous entrepreneur, which makes his personality even more outstanding. At the beginning of his career, he earned little and was content with temporary employment (Yauney 2018). Nevertheless, having experienced setbacks and failures, Musk did not give up and continued moving towards his dreams. By today, he has built one of the most successful corporations, and his practical experience has become a valuable resource for him. Many criticize Musk by claiming that his CEO skills are largely complemented by a team of highly qualified employees working on his business (Yauney 2018).

However, even with this fact in mind, one cannot belittle the merits of this entrepreneur, who took the liberty of moving towards his goals, which ultimately made him one of the world’s top business leaders. Therefore, I evaluate the example of Elon Musk as a person who, using the ideas of innovativeness and need for achievement, has achieved his high status deservedly.

In general, the discussion in the course has changed my perspective of what entrepreneurship is and who an entrepreneur is. After studying various theoretical aspects and compared them with my experience, I have realized that an entrepreneur is a person who constantly develops and never stops at what has been achieved. Entrepreneurship, in turn, has opened up to me as a flexible and dynamic field in which progress is a natural component of success, and any stagnation is tantamount to failure. Constant movement is the basis of a successful business, and I have realized that any result, even negative, is a consequence of work. Therefore, I have become more focused on future goals and identified the area in which I would like to enhance my knowledge.

While discussing my personal entrepreneurial profile, I have highlighted several key topics that may reflect my inclinations and interests. I have classified strengths, weaknesses, interests, and development opportunities into these categories demonstrated in Table 1. According to Esqueda, Csoban, and Prat (2018), many entrepreneurs have similar features, but only individual qualities inherent in them distinguish them from one another and reflect success or, conversely, failure. A comprehensive assessment of these components can help build my future career and identify the best paths for professional development. Moreover, given the aforementioned attributes and characteristics, I can create a step-by-step plan.

Table 1. Entrepreneurial Profile.

To summarize all of the above, I can say that the course has helped me shape my understanding of what entrepreneurship is, as well as the key theoretical and behavioral concepts that a successful entrepreneur should adhere to and gain. I see the combination of practical experience with accumulated knowledge as a background for productive professional development. Although I have not yet compiled my individual strategies and have some weaknesses, I am willing to follow my interests and use my strengths to the full extent. Emphasizing Elon Musk as my model entrepreneur, I intend to focus on innovativeness and the need for achievement as the critical elements of success.

Anwar, I & Saleem, I 2019, ‘Exploring entrepreneurial characteristics among university students: an evidence from India’, Asia Pacific Journal of Innovation and Entrepreneurship , vol. 13, no. 3, pp. 282-295.

De Winnaar, K & Scholtz, F 2019, ‘Entrepreneurial decision-making: new conceptual perspectives’, Management Decision , vol. 58. no. 7, pp. 1283-1300.

Esqueda, S, Csoban, E & Prat, JF 2018, ‘A profile of the popular entrepreneur: a value-based approach’, Academia Revista Latinoamericana de Administracion , vol. 3, no. 2, pp. 267-281.

Rodríguez-López, Á & Souto, JE 2020, ‘Empowering entrepreneurial capacity: training, innovation and business ethics’, Eurasian Business Review , vol. 10, no. 1, pp. 23-43.

Wu, YJ, Chen, SC & Pan, CI 2019, ‘Entrepreneurship in the internet age: internet, entrepreneurs, and capital resources’, International Journal on Semantic Web and Information Systems (IJSWIS) , vol. 15, no. 4, pp. 21-30.

Yauney, RH 2018, ‘Leadership development: a study of Elon Musk’, Marriott Student Review , vol. 2, no. 2, pp. 1-4.

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1. StudyCorgi . "Entrepreneurship: Elon Musk as a Role Model." January 19, 2023. https://studycorgi.com/entrepreneurship-elon-musk-as-a-role-model/.

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Elon Musk: Leadership, Financial Success, and the Future of Tesla Essay

Elon Musk is a person of a creative and critical mind. His leadership skills could be defined by five essential characteristics such as visionary thinking, confidence, decisiveness, reliability, and progressiveness. Musk’s visionary thinking led all of his campaigns towards unprecedented success through bold decisions in unexpected directions, such as the flamethrower incentive. Simultaneously, the billionaire exhibits confidence in his decisions and ventures. The majority of his ventures are self-sponsored, which clearly demonstrates his decisiveness. The reliability or rather trustworthiness of Musk could be seen through the marketability of Tesla corporation. The company is valued higher than the combination of the top ten auto-constructors in the world despite the low net profit margins. Nevertheless, Musk continues to progress his ideas through positive tenacity while regarding each failure as the learning steppingstone to success. This dedication to work allowed the billionaire to keep developing his companies to their current scope. Musk’s leadership is reliable and explosive akin to his creative engineering skills. With its first management, Tesla’s business strategy was not particularly effective. They had comparable ideals, but they were not very good at putting them into practice. While Tesla still has a number of issues with its production procedures, Musk was a little bit better at finishing projects. Musk’s ability to increase Tesla’s product offerings and raise consumer expectations for the company’s goods was perhaps his biggest achievement. This drastically reduced their marketing expenses and improved their beneficial impacts. The best PR will always be word of mouth. Technically speaking, his suggestions are far superior to anyone else’s. He does, however, struggle greatly with timelines and quality assurance. He is a highly talented manager, but his media statements portray an overly ambitious figure. From a human relations perspective, he appears to be doing okay. Although he presents himself as a highly demanding employer, he nevertheless appears to be approachable. In other words, he deviates from the perception of strong CEOs who act diva-like. The world’s three richest men—Musk, Jeff Bezos, and Warren Buffet—do not appear to boast about their wealth. The market sees Musk as a sort of modern-day Steve Jobs. Elon Musk has a similar atmosphere of unstoppable success and limitless innovation when financial markets are considered. Although he is a resolute leader, Tesla’s current value is likely due to his resolution. The world is in dire need of such creative and reliable leaders. Financial situation of Tesla was eccentric and explosive akin to the character of its leader. Tesla’s share price was $33.87 at the end of 2012. They increased to well over $200 three years later. Shares increased to almost $340 by December 2017. Tesla divided its shares for the first time in 2020; prior to that year’s five-for-one split, the price of a single share had surpassed $500. Tesla stock has continued to soar after the stock split in 2000. In the first quarter of 2020, Tesla stock fell below $100 before rising to $1,200 around 18 months later. Tesla’s stock was worth $1,077.60 at the conclusion of the first quarter of 2022. Tesla’s (TSLA) present balance sheet and capital structure have been a source of worry for analysts and investors, despite the fact that it has been the darling of many investors over the previous decade. Tesla appears to have found success with its patient and long-term investing financial plan. Tesla must continuously boost productivity, cut costs, and grow production capacity. The business may be able to request debt financing at a reduced rate now that it is profitable. Following a successful fiscal year in 2021, Tesla is in a considerably better financial situation than it was a few years ago. Tesla achieved profitability in 2021, exceeded EPS projections each quarter, and had a substantially better debt-to-equity ratio. Therefore, a financial assessment of Tesla’s performance reveals the high competency of Musk’s leadership. The recommendations that could be made for innovator entrepreneurs will revolve around the notions of transparency and prolonged realization of the company’s projects. The main complaint against Musk and Tesla has been that they frequently break their promises, particularly when it comes to how rapidly they can increase their capacity for making cars. The problem may be made worse by hiring a well-known chief operating officer with a track record in manufacturing. An executive who lives and breathes manufacturing excellence and fills in holes in Musk’s history would be an obvious advantage for a team managed by a mostly self-taught production specialist who simultaneously manages a solar-panel company and the rocket firm SpaceX. Furthermore, Musk can continue to make comments at off-site conferences about climate change and machine learning that imply he is actually more interested in operations than vision, in which he excels. It is challenging to get a figure that would inform investors more about the business’s medium-term prospects and whether demand for Tesla vehicles is waning as rivals introduce electric vehicles like Chevrolet’s Bolt. Since the Bolt’s introduction in December 2016, around 8,000 units have been sold in 2 years, while about 400,000 Model 3 orders are pending. Due to a large number of inventories, Chevy said on Monday that it was prolonging a production outage at a Bolt factory. On CNBC, Jim Cramer remarked that Musk had dodged inquiries about whether missed shipping estimates for Model X SUV crossovers and Model S sedans indicate that consumer demand for the pricy electric vehicles has peaked. However, at the time, Musk’s commentary was not comprehensive.

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"Elon Musk: Leadership, Financial Success, and the Future of Tesla." IvyPanda , 29 Nov. 2023, ivypanda.com/essays/elon-musk-leadership-financial-success-and-the-future-of-tesla/.

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IvyPanda . 2023. "Elon Musk: Leadership, Financial Success, and the Future of Tesla." November 29, 2023. https://ivypanda.com/essays/elon-musk-leadership-financial-success-and-the-future-of-tesla/.

1. IvyPanda . "Elon Musk: Leadership, Financial Success, and the Future of Tesla." November 29, 2023. https://ivypanda.com/essays/elon-musk-leadership-financial-success-and-the-future-of-tesla/.

Bibliography

IvyPanda . "Elon Musk: Leadership, Financial Success, and the Future of Tesla." November 29, 2023. https://ivypanda.com/essays/elon-musk-leadership-financial-success-and-the-future-of-tesla/.

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Elon Musk Essay

Elon Musk is a famous business magnate, investor, and engineer. He is the founder, CEO, and CTO of SpaceX, co-founder of Tesla Motors, and chairman of SolarCity. He has also founded several other companies, including Zip2 and PayPal.

Musk was born in South Africa in 1971. He showed an early interest in computers and technology, and he eventually moved to the United States to attend Stanford University. After college, he started his first company, Zip2. This was followed by PayPal and SpaceX. In 2004, he founded Tesla Motors.

Musk is known for his innovative thinking and vision for the future. He has said that his ultimate goal is to help humans become a multi-planetary species. He is also working on developing the technology to make this happen, including electric cars and space travel.

Musk has been described as a “real life Tony Stark” (a reference to the Marvel comics character). He is an interesting and inspiring figure, and he is definitely someone to watch in the years to come.

Elon Musk is an engineer and entrepreneur who creates and manages businesses to address environmental, social, and economic concerns. He is now the CEO and CTO of SpaceX, as well as the CEO and Chief Product Architect of Tesla Motors. He was an early investor in PayPal, Inc., Tesla Motors, and Zip2, and is credited with being a co-founder of each business.

He briefly attended the University of Pretoria before moving to Canada aged 17 to attend Queen’s University. He transferred to the University of Pennsylvania two years later, where he received dual bachelor’s degrees in economics and physics.

He moved to California in 1995 to attend Stanford University but decided instead to pursue a business career, co-founding web software company Zip2 with his brother Kimbal. The start-up was acquired by Compaq for $307 million in 1999. Musk co-founded online bank X.com that same year, which merged with Confinity in 2000 to form the company PayPal and was subsequently bought by eBay in 2002 for $1.5 billion.

In 2002, Musk founded SpaceX, an aerospace manufacturer and space transport services company, of which he is CEO, CTO, and lead designer. In 2004, he joined electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.) as chairman and product architect, becoming its CEO in 2008. In 2006, he helped create SolarCity, a solar energy services company and current Tesla subsidiary. Musk has also proposed the Hyperloop, a high-speed vactrain transportation system.

In 2015, Musk co-founded OpenAI, a nonprofit research company that promotes friendly artificial intelligence. In 2016, he co-founded Neuralink, a neurotechnology company focused on developing brain–computer interfaces, and founded The Boring Company, a tunnel construction company.

Elon Musk is the co-founder of Zip2, a web software firm that he started with his brother Kimbal Musk. The firm created and marketed a newspaper industry Internet “City Guide.” He obtained contracts with The New York Times and The Chicago Tribune and persuaded the board of directors to abandon its plans for a merger with CitySearch.

In 2003, Elon Musk formed Tesla Motors, an electric car company. He took on several investors including Martin Eberhard, Marc Tarpenning, Ian Wright, and JB Straubel. After a successful performance review, Elon became CEO of the firm and replaced Ze’ev Drori. total investment is more than 180 million dollars with additional investors

Drori was the original CEO of Tesla but he was not meeting Elon’s expectations. He is now the product architect, meaning he comes up with the ideas for new products, and oversees production of current products. The Roadster was the first car produced by Tesla it is an electric sports car. It goes from 0 to sixty in 3.7 seconds and has a range of 245 miles per charge. The base price for this car is 109,000 dollars.

In order to try and make these cars more affordable to people Elon created a company called SolarCity. This company offers solar power systems for homes and businesses. They also have a solar roof product which is a solar panel that looks like a regular roof tile. This product is still in development. Elon is also the CEO of SpaceX which is a space transportation services company. This company was founded in 2002 and their mission is to make it possible for people to extend life beyond Earth.

Elon has several different business ventures and is always coming up with new ideas. He is a very smart and innovative person. He has helped create some amazing products that have made our lives better. Tesla Motors is just one example of this. We all owe Elon a debt of gratitude for his hard work and dedication to making the world a better place.

Elon stated that Tesla had to cut over 10% of its staff in order to reduce their burn rate in 2008. In 2009, they introduced their first automobile, an electric two-seater sports car, as a more efficient company. The Model S was then released in 2012. On February 29, 2012, Tesla launched the Model X, an electric SUV. Elon has also stated that the third generation vehicle will be significantly less expensive so it can be sold in large numbers.

Elon is also the founder, CEO and CTO of SpaceX, co-founder of The Boring Company, co-founder of Neuralink, and co-chairman of OpenAI. A centibillionaire, Musk is one of the richest people in the world.

Tesla Motors was founded in 2003 by Martin Eberhard and Marc Tarpenning. The company’s name is a tribute to Nikola Tesla. Tesla’s goal was to produce affordable electric cars. The company released its first car, the Roadster, in 2008. The Roadster was the first mass-produced electric car to use lithium-ion batteries, and the first production all-electric car to travel more than 200 miles per charge.

In September 2015, Elon Musk announced that Tesla would be producing an all-new vehicle, the Model 3. The Model 3 is a more affordable electric car, with a base price of $35,000. over 400,000 people have reserved a Model 3. Production of the Model 3 began in July 2017.

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Role Model Essays

Elon musk is my role model.

Many people who grow up to become great people possess characteristics that others do not. Elon Musk, who I look up to and consider my…

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Essay: Managerial roles – Tesla/Elon Musk

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Introduction

1.1 Purpose and objective of the report

The purpose of this report is to fulfill the individual assignment of Fundamentals of Management that requires us to explain the definition of manager, definition of managerial roles by Henry Mintzberg, introduction to the company and manager that we chose and how the manager has fulfilled the managerial roles proposed by Henry Mintzberg. The company that I chose is Tesla and the CEO is Elon Musk. This report is made for education purpose and I hope that this can be useful in the future.

1.2 Introduction to the company

Tesla is an American multinational corporation that produces or specializes in electric vehicles, energy storage and solar panel manufacturing based in Palo Alto, California (Tesla Inc, n.d). Tesla was founded in 2003 by Martin Eberhard and Marc Tarpenning, both who are engineers that wanted to prove driving electric vehicles can be better than driving gasoline cars. In 2008, Tesla produced their first automobile with lithium-ion battery cells and the first production EV with a range greater than 320 km per charge. In 2012, Tesla began shipping their Model S sedan which has become the best car in its class in every category. In 2015, Tesla expanded its product by launching Model X and by 2017, Tesla launched the Model 3. Tesla production passed 300,000 vehicles in February 2018. Tesla also produced a unique set of energy solutions, such as Powerwall, Powerpack and Solar Roof that allows homeowners or businesses to manage renewable energy generation, storage and consumption. Tesla main manufacturing facility is at Tesla Factory in Fremont California (Tesla, n.d).

1.3 Introduction to the manager of the company

Elon Musk is an American entrepreneur who co-founded Tesla Motors in 2003 and becomes its CEO and product architect. Before he is a CEO of Tesla, he also founded X.com in 1999 and SpaceX in 2002. Musk become a multimillionaire in his late 20s when he sold his start-up company (Elon Musk Biography, n.d). Elon Musk is also a founder of OpenAI and The Boring Company. Musk stated that his goals are to change the world and humanity by reducing global warming through sustainable energy production and reducing the human extinction by establishing a human colony on Mars (Elon Musk, n.d). Elon Musk has succeeded in building an all-electric car in this era. Proven in 2008 when the company launched its Model S sedan by raising $226 million and was honored as the 2013 Car of the Year by Motor Trend magazine. In over 10 years, Musk keep launching his ideas by producing different types of electric car and energy solution product (Elon Musk Biography, n.d).

2.1 Definition of manager

Manager is someone who oversee and coordinates the work of others people in one organization in order for the organization can accomplish their goal. In every organization, there must be a manager so that the goals of the organization can be accomplished. Managers can be classified into three levels.

1. First-line manager: Manager who coordinates directly the work of non-managerial employee.

2. Middle manager: Manager who coordinates and oversee the work of first-line manager. The middle manager also controls the flow of information between top manager and first-line manager.

3. Top manager: Manager who in charge of making decisions that will affect the whole organization and making plans and goals for the organization in the future.

2.2 Definition of Henry Mintzberg’s managerial roles

Henry Mintzberg is a Canadian management expert that introduced the managerial roles in a practical way for us to learn. There are three managerial roles that he introduced.

1. Interpersonal roles: Interpersonal roles is a role that requires a manager to deal with other people or to communicate with other people. The role can be behalf of the company or within the company. The example of this roles is:

 Figurehead: A head of a department that is an exemplary role model. Usually he is the one who attends business dinners, receptions and celebrating anniversaries.

 Leader: As a leader, they motivate the staff so that the working environment can be positive.

 Liason: A liason is someone who negotiate with other people on the behalf of the company.

2. Informational roles: This managerial role control how the information flows in an organization. The manager knows how the information is being collected and also decided what information should be kept or shared internally or externally. The examples are:

 Monitor: As a monitor the manager collect all information whether internally or externally about the organization. The manager also in charge of arranging, analyzing and assessing the information so that he can easily identify problems and identify changes.

 Disseminator: As a disseminator, a manager transfers the information he has to the employee within the company.

 Spokesman: As a spokesman, a manager represents the company and he communicates to the outside world.

3. Decisional roles: This role expect the managers to make decisions that affect the whole organization. The managers also analyze the decisions that he make for the organization. The examples are:

 Entrepreneur: As an entrepreneur, the manager design what choices he wants to make and make strategies. As well as be responsible in any changes he makes.

 Disturbance handler: As a disturbance handler, the manager is expected to handle the problems or operational breakdown in the organization. He is expected to has the solution for the problem.

 Resource allocator: As a resource allocator, the manager is expected to handle how does he spend his resources for the organization benefit.

 Negotiator: As a negotiator, the manager participates in negotiation with the other company and also represents the interests of the company. For example, it can be negotiation of the employee salary.

2.3 Manager Accomplishment

Interpersonal roles

Elon Musk is a CEO of a big company, Tesla. Interpersonal roles require manager to communicate with other people and Elon Musk shows that he fulfill this role. Firstly, Musk plans to increase their producing from 2,000 to 6,000 vehicles per week and from this Musk send an extraordinary email to his employees to motivates them. He praises and commend his employee by thanking them when they’ve achieved the goals he set up for. In the email, Musk concludes an encouragement, thanking the people at Tesla for accomplishing miracles every day (Bariso 2018). In one interview, Musk stated that as a leader he wants to motivate and inspire his team by reducing the noise in the work and help remove blockers. He inspires his employees by motivating them to succeed and making them feel like they are the part of larger team and that they are needed (Umoh 2017).

Secondly, Musk represents the company to negotiate to the outside world. Negotiating means getting the best of your opponent. In 2014, Tesla announced plans to build its first massive battery plant. But Tesla did not build its factory down the road from Palo Alto headquarters. They took the show on the road asking for $500 million on cash but the result a bidding war among several states and Nevada coughing up $1.3 billion in transferrable tax credits and various other tax abatements over 20 years to win the largest incentives package in Nevada’s history. Musk has proved so adept landing incentives that states now compete to give him money (Claiborne 2017).

Informational roles

In this role, Elon Musk imply something that he believes is beneficial for the company. Musk encourage their employee to ditch the traditional way of communication in most companies uses, which messages always flow through managers because he thinks it fails to serve the company. He stated that anyone in Tesla should email or talk directly to the person they think is the fastest way to solve a problem for the benefit of the whole company. Musk believe that poor communication can set everyone back and fails to serve the company (Kane 2017).

Furthermore, as a manager Musk took the role to become a spokesman and delivers information to the outside world about launching their Tesla Model 3 car. Musk using the social media, Twitter to announced some specifications and price for the newly awaited car he’s going to launch the Tesla Model 3 (Cole 2018).

Decisional roles

Elon musk has been making decisions ever since he become the CEO of Tesla, which is 10 years ago. In the latest news, it is revealed that Tesla has failed missing the company production goals pretty consistently. The company made just 2,000 Model 3s in the first headquarter missing its goal of 2,500 units. Musk taking a route by aiming high by adjusting their internal target to 6,000 even though their official goal is 5,000 units. This way the company will be able to meet its official goal even if it cannot meet its ambitious one.

Musk command an accountability by not letting anyone off the hook for hitting the target without any relevance excuses. Moreover, Musk tells the employee to not use acronym or nonsense words for the company software, processes and systems because he doesn’t want people at Tesla to memorize glossary when using Tesla (Ryan 2018).

CHAPTER III

In conclusion, there are three different types of manager. First is first-line manager or we can call it as supervisor because their task is to oversee and coordinates directly the work of the nonmanagerial employees. Second is the middle manager, they are the one who become the bridge of communication between the top manager and the first line manager and they also coordinate and oversee the work of the first line manager. Third is the top manager, they are the one who makes decisions that will affect the whole organization and they are responsible for the problems in an organization.

There are three types of managerial roles for a manager in an organization to fulfill. First, interpersonal role is a role that requires communication with other people. From what I’ve explained above, Elon Musk has fulfilled the interpersonal role by motivating his employee in his company and always thanking his employees. He represents the company, Tesla to negotiate in the outside world too. Second, informational role is a role that control the flows of information in an organization. As a CEO of a big company, Musk represents the company by announcing their plans for their new product to the outside world in Twitter. He also controls the flow of information by asking their employee to not practicing the ‘command of chain’ but to directly tell information to someone in the company they think can help with the problem. Third, decisional role is a role for a manager to make decisions that can affect the whole organization. Musk has fulfilled this role making a decision to increase their goal production in the company to be more productive.

Lastly, there are some roles that a manager in an organization has to do. As a CEO of Tesla, Elon Musk has proven to fulfill the managerial roles that are required for a manager to do.

From what I can conclude, Musk has done a great job being the CEO of Tesla.

About Tesla n.d, Tesla, viewed 25 June 2018, https://www.tesla.com/about .

Bariso, J 2018, Elon Musk Just Sent an Extraordinary Email to Tesla Employees, Inc, viewed 25 June 2018, https://www.inc.com/justin-bariso/elon-musk-just-sent-an-extraordinary-email-to-tesla-employees.html .

Claiborne, M 2017, How Elon Musk Secured Billions From One Investor We All Have Access To, Inc, viewed 25 June 2018, https://www.inc.com/monique-claiborne/how-elon-musk-secured-billions-from-one-investor-w.html .

Cole, A 2018, Elon Musk announces Tesla Model 3 AWD, performance Model 3 specs, Green Car Reports, viewed 25 june 2018, https://www.greencarreports.com/news/1116810_elon-musk-announces-tesla-model-3-awd-model-3-performance-specs .

Elon Musk Biography n.d, BIOGRAPHY, viewed 25 June 2018, https://www.biography.com/people/elon-musk-20837159 .

‘Elon Musk’, Wikipedia, Wiki article, 20 June 2018, viewed 25 June 2018, https://en.wikipedia.org/wiki/Elon_Musk .

Kane, L 2017, In internal Tesla memo, Elon Musk says the way most company communicate is ‘incredibly dumb’, BUSINESS INSIDER MALAYSIA, viewed 25 June 2018, https://www.businessinsider.my/tesla-elon-musk-how-to-communicate-2017-8/?r=US&IR=T .

Ryan, K 2018, Elon Musk to Tesla Employees: Start Walking Out of Meetings, and Cut the Jargon, Inc, viewed 25 June 2018, https://www.inc.com/kevin-j-ryan/elon-musk-email-to-tesla-employees-productivity-tips.html .

‘Tesla, Inc’, Wikipedia, Wiki article, 24 June 2018, viewed 25 June 2018, https://en.wikipedia.org/wiki/Tesla,_Inc. .

Umoh, R 2017, The tactics self-made billionaire Elon Musk uses to motivate his teams, MAKE IT, viewed 25 June 2018, https://www.cnbc.com/2017/07/05/2-major-ways-executives-like-elon-musk-are-trying-to-stop-you-from-quitting.html .

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Home — Essay Samples — Life — Role Models — Who Is Your Role Model: My Father’s Influence on My Life

Who is Your Role Model: My Father's Influence on My Life

• Categories: Role Models Someone Who Inspires Me

About this sample

Words: 1392 |

Updated: 2 November, 2023

Words: 1392 | Pages: 3 | 7 min read

Table of contents

My father: a beacon of inspiration, granddad: a lifelong comrade, video version.

Funny Hook Examples for Role Models Essay

• The “Superhero” Next Door: While most people have superheroes on posters, my role model can be found in the house next door, armed with a lawnmower and an uncanny ability to grill the perfect burger. Move over, Batman; my neighbor is the true hero of the neighborhood!
• When Life Gives You Lemons, Call My Role Model: If life ever decides to bombard you with lemons, you’ll wish you had my role model’s lemonade recipe. Their zest for life (and lemons) is not only impressive but also hilariously refreshing!
• From Couch Potato to Role Model Extraordinaire: My role model’s transformation from a self-proclaimed couch potato to a fitness fanatic is a story that rivals the greatest underdog tales. Join me as we explore their journey from “Netflix and chill” to “marathon and thrill.”
• Life Lessons from the “Wise” Squirrel: Who needs a sage guru on a mountaintop when you can learn profound life lessons from a neighborhood squirrel? My furry friend has taught me the art of patience, persistence, and, of course, nutty humor.
• A Role Model for the Klutzy: If you’ve ever tripped over your own shoelaces or walked into a room and forgot why, my role model is here to show you that being a klutz is a unique superpower. Join me in celebrating their endearing clumsiness and infectious laughter!

Works Cited

• Bandura, A. (1997). Self-efficacy: The exercise of control. W.H. Freeman and Company.
• Brink, L. (2013). Characteristics of positive role models. Livestrong.
• Cooley, C. H. (1922). Human nature and the social order. Charles Scribner’s Sons.
• Ellis, A. (2003). Rational emotive behavior therapy: A therapist’s guide (2nd ed.). Impact Publishers.
• Friedman, R. A. (1996). The role of parents in shaping children’s personalities. Psychology Today.
• Gandhi, M. (1927). The story of my experiments with truth. Dover Publications.
• Hwang, K. K. (2011). Face and morality in Confucian society. Philosophy East and West, 61(4), 697-713.
• Kamal, A. H. M., Kabir, S. M. S., & Howlader, M. T. (2017). Role model and its effect on career development: A conceptual framework. International Journal of Business and Management Invention, 6(5), 01-05.
• Merton, R. K. (1957). Social theory and social structure. Free Press.
• Rosenberg, M. (1986). Self-concept from middle childhood through adolescence. In J. Suls & A. G. Greenwald (Eds.), Psychological perspectives on the self (Vol. 3, pp. 107-135). Lawrence Erlbaum Associates.

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