Elon Musk's no nonsense management style, let's take a look

A company performance is closing tied to the leadership style of their CEO. Elon Musk's recent acquisition of Twitter gave us a peek into his management methods as he seemingly attempts to transform Twitter's culture to a 'hardcore' one having warned that Twitter might face bankruptcy if no drastic changes are made. 


Technical Qualification Over Education Qualification 

In a 2014 interview, Musk said he looked for "evidence of exceptional ability" in a potential employee, rather than a degree from a prestigious university.

High Expectations and Results Driven 

Employees are expected to provide an update weekly on your work done and low performers are given 4 weeks to improve or will be laid off

In a leaked internal memo, Elon Musk expect employees to give weekly updates on what they achieved at work arguing its "not unreasonable" for Twitter staff to give weekly updates about their work. 


Does not believe it is productive working from home

“It's just my philosophy that people are way more productive when they're in person because the communication is much better,” Musk told employees in a response to the question about working remotely.

Fast acting , objective cost cutting

To turn around the rate that Twitter is losing money, Elon Musk was fast acting and objective in his approach. 

Twitter layed off almost half of their workforce in the first week after Elon Musk took over the company

Another cost cutting that took place was removing the free meals for employees which cost $400 each a month. Elon Musk argued that no one was in the office having lunch

Does not believe in long or excessive meetings

Conclusion

Elon Musk's management style might be unpopular but it sure is effective from the massive growth Tesla and SpaceX achieved over the years. 

$Tesla Motors(TSLA)$ $Twitter(TWTR)$ 

# What's next for Twitter as Musk takes over it?

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  • shining87
    ·2022-12-02
    TOP
    I never liked Tesla but I want buy some now as gambling ticket starting from $150 and below…
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  • ValuInvestor
    ·2022-12-03
    TOP
    Too many antics and rash moves which cause a lot of discomfort and can be a turn off to most people
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    • upupahcai
      Not the most popular moves but one can argue is the most efficient way to re-engineer a company especially if company is losing money everyday
      2022-12-03
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  • Cory2
    ·2022-12-03
    TOP
    I suppose he’s out to make companies that exceed consumer expectation, and run them for maximum profit and excel lence/efficiency.
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    • upupahcai
      Maximum efficiency, yes
      2022-12-03
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  • _dachad
    ·2022-12-06
    TOP
    telling staff not to stick to the chain of command can cause miscommunication and loss of efficiency.  maybe he wants more middle management to quit as that will create the flatter structure he wants.
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    • upupahcai
      Many great ideas and recommendations are lost before they reach the top of the chain.
      2022-12-06
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  • Bulltrader
    ·2022-12-02
    TOP
    different industrial different style. eg. manufacturing ind cannot apply to ecommerce ind bcoz product cycle diff.
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    • upupahcai
      Agree, we will have to see if Twitter can succeed
      2022-12-02
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  • All in Tesla
    ·2022-12-03
    TOP
    Thats how he could manage so many billion dollars companies 😅
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    • upupahcai
      So far so good :)
      2022-12-04
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  • Yellow snake
    ·2022-12-06
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    hope Tesla crash more
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    • upupahcai
      Bounce off 200 resistance yesterday, testing 180 again
      2022-12-06
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  • MonkeyDonkey
    ·2022-12-04
    TOP
    closely tied OR *closing* tied ?
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    • upupahcai
      Closely* [Happy]
      2022-12-04
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  • DanZillaXD
    ·2022-12-05
    It's a great change to face the tide of competition. Musk has the attitude needed to push forward and overcome the odds
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    • kksuen
      ya
      2022-12-05
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  • hd87
    ·2022-12-03
    Thanks for sharing :)
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  • d72dka333
    ·2022-12-05
    Elon gated my force, keen to pain us
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  • GarethTan
    ·2022-12-03
    thanks for sharing [Miser] [Miser]
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  • YvetteGunther
    ·2022-12-02
    Tesla changes the world once again!
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  • YaleBrewster
    ·2022-12-02
    The more I research about Tesla the more I am certain Tesla is a meme stock. End of story.
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  • romanc9
    ·2022-12-05
    Good to know. Tidy up twitter fast and go back to Tesla..
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  • yuannn
    ·2022-12-05
    oh lol ok
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  • Mkoh
    ·2022-12-04
    brutal but effective
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  • Tikbalang_
    ·2022-12-02
    Thanks for sharing. Sounds like he is a reasonable boss
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  • jimstocker
    ·2022-12-05
    Nice to know about it. thanks
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  • keith0083
    ·2022-12-06
    Thanks for sharing
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