Elon Musk is, without a doubt, a genius. He has founded and grown numerous businesses, transforming sectors in the process. Musk is a great leader in addition to being a smart technologist. Musk has led teams of bright individuals to build ground-breaking technologies that have altered the world as CEO of both SpaceX and Tesla Motors. Simply study Elon Musk if you want to understand how exceptional leaders think and function at a high level. Every manager should assess his tactics for managing people, setting goals, and building innovative cultures if they want their team to be more productive. Following Elon Musk’s lead, here are three ways managers can boost workplace productivity:
Create an environment in which the best can thrive.
Musk wanted to hire the greatest people he could find when he was at PayPal. To accomplish this, he built an environment in which the best might flourish. He realised that many of the brightest employees were already employed by other companies, so instead of a greater salary, he offered them stock in his company. He wanted to create a team where everyone was a collaborator rather than a factory worker. This was crucial to his success. Musk wanted people to start working right away when he hired them. He didn’t have time for HR procedures, background checks, or interviews since he was too busy. He required people who could make an immediate impact. Managers who want their employees to succeed must establish an environment in which the best may thrive. This entails employing people who are better than you and then allowing them to work without being micromanaged. It also entails cultivating a collaborative culture in which employees are respected and appreciated.
Set clear objectives
Any manager who has attempted to boost productivity understands how challenging it is. You can’t make people work harder or for longer periods of time. Rather, you must alter their motivation. Even if they aren’t paid more, you must persuade them to want to produce more. Managers should do this by establishing clear goals and then linking them to the organization’s mission. The finest companies have clear goals that stem from their mission, and they know how those goals will benefit their customers. Musk aspired to build a company that would alter the world when he founded SpaceX. His goal was to develop a reusable rocket capable of transporting humans to Mars. Those objectives inspired his team to strive for continuous improvement. In any organisation, the same thing might be done.
Provide Productivity-Boosting Tools
Some executives believe that the greatest approach to boost productivity is to create a pleasant work atmosphere. However, this is not always the case. In fact, creating a positive work environment can boost productivity. Musk had to design the automobile first, then develop the production procedure for it when he built the first Tesla Roadster. He recognised that using computer-aided design (CAD) and computer-aided engineering (CAE) technologies was the best way to go. With these tools, he could design, engineer, and produce the car in a very short period of time. Musk had to purchase the software firm in order to accomplish this. Autodesk was the name of the company, and it cost him $150 million. That was a significant sum of money, but it allowed his team to design the car and then develop the manufacturing process.
Conclusion
Following Elon Musk’s lead, everybody can boost their productivity. Managers must do so by creating an environment in which the best may thrive, establishing clear goals, and providing productivity-enhancing tools. These three factors will help every team, regardless of industry, succeed.