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Elon Musk Defies Management Mantras With His Rapid Overhaul at Twitter
Wall Street Journal ^ | November 6,2022 | Chip Cutter

Posted on 11/06/2022 3:49:19 PM PST by Hojczyk

Mr. Musk—who once described himself to The Wall Street Journal as a “nano manager” steeped in the smallest details—appears to be employing many of the management tactics he deployed in building his other companies, Tesla Inc. and Space Exploration Technologies Corp., executives and advisers say. Those include a hands-on obsession over product decisions, a distaste for corporate structures and a focus on speed. Tesla is now the world’s most-valuable car company, and SpaceX is the world’s busiest rocket-launch operation.

At a minimum, this is an untraditional approach,” said Joel Peterson, the former chairman of JetBlue Airways Corp., who has served on dozens of corporate boards and advised chief executives across industries. “It’s iconoclastic, it’s unusual, it’s not what everybody would do—but I don’t really fault him for it.”

Mr. Musk—who once described himself to The Wall Street Journal as a “nano manager” steeped in the smallest details—appears to be employing many of the management tactics he deployed in building his other companies, Tesla Inc. and Space Exploration Technologies Corp., executives and advisers say. Those include a hands-on obsession over product decisions, a distaste for corporate structures and a focus on speed. Tesla is now the world’s most-valuable car company, and SpaceX is the world’s busiest rocket-launch operation.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy
KEYWORDS:

1 posted on 11/06/2022 3:49:19 PM PST by Hojczyk
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To: Hojczyk

Liftoff,,,,,
by Eric Berger (Author

A colorful page-turner.” —Walter Isaacson, New York Times Book Review

“As important a book on space as has ever been written.” —Homer Hickam, #1 New York Times bestselling author of Rocket Boys

The dramatic inside story of the historic flights that launched SpaceX—and Elon Musk—from a shaky start-up into the world’s leading-edge rocket company.

SpaceX has enjoyed a miraculous decade. Less than 20 years after its founding, it boasts the largest constellation of commercial satellites in orbit, has pioneered reusable rockets, and in 2020 became the first private company to launch human beings into orbit. Half a century after the space race it is private companies, led by SpaceX, standing alongside NASA, pushing forward into the cosmos, and laying the foundation for our exploration of other worlds.

But before it became one of the most powerful players in the aerospace industry, SpaceX was a fledgling start-up, scrambling to develop a single workable rocket before the money ran dry. The engineering challenge was immense; numerous other private companies had failed similar attempts. And even if SpaceX succeeded, they would then have to compete for government contracts with titans such as Lockheed Martin and Boeing, who had tens of thousands of employees and tens of billions of dollars in annual revenue. SpaceX had fewer than 200 employees and the relative pittance of $100 million in the bank.

In Liftoff, Eric Berger, senior space editor at Ars Technica, takes readers inside the wild early days that made SpaceX. Focusing on the company’s first four launches of the Falcon 1 rocket, he charts the bumpy journey from scrappy underdog to aerospace pioneer. We travel from company headquarters in El Segundo, to the isolated Texas ranchland where they performed engine tests, to Kwajalein, the tiny atoll in the Pacific where SpaceX launched the Falcon 1. Berger has reported on SpaceX for more than a decade, enjoying unparalleled journalistic access to the company’s inner workings. Liftoff is the culmination of these efforts, drawing upon exclusive interviews with dozens of former and current engineers, designers, mechanics, and executives, including Elon Musk. The enigmatic Musk, who founded the company with the dream of one day settling Mars, is the fuel that propels the book, with his daring vision for the future of space.

Filled with never-before-told stories of SpaceX’s turbulent beginning, Liftoff is a saga of cosmic proportions.


2 posted on 11/06/2022 3:53:27 PM PST by Hojczyk
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To: Hojczyk

This is a great book…..and how Musk actually works


3 posted on 11/06/2022 3:55:25 PM PST by Hojczyk
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To: Hojczyk

I’m wishing him the best of chances and luck with his new business gig.


4 posted on 11/06/2022 3:57:23 PM PST by No name given (Anonymous is who you’ll know me as. )
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To: Hojczyk

5 posted on 11/06/2022 3:58:02 PM PST by WeaslesRippedMyFlesh
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To: Hojczyk

Go, Elon.


6 posted on 11/06/2022 3:59:42 PM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: Hojczyk

And thats why he’s a billion airr


7 posted on 11/06/2022 4:01:23 PM PST by DouglasKC
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To: Hojczyk

Thanks! On the list.


8 posted on 11/06/2022 4:05:04 PM PST by fretzer
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To: DouglasKC

We got to install microwave ovens, custom kitchen deliveries


9 posted on 11/06/2022 4:05:05 PM PST by imabadboy99
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To: SaxxonWoods

BREAKING:
@KathyGriffin
has been permanently suspended from Twitter for impersonating
@ElonMusk
https://mobile.twitter.com/bennyjohnson/status/1589401140482883584


10 posted on 11/06/2022 4:09:26 PM PST by janetjanet998
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To: Hojczyk

That’s the real difference between a real boss of a company (aka owner) and a hired boss. Real bosses answer to no one.


11 posted on 11/06/2022 4:13:26 PM PST by libh8er
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To: Hojczyk

Probably has a good ESG score, but it will be falling.


12 posted on 11/06/2022 4:15:14 PM PST by silent majority rising
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To: Hojczyk

“Chainsaw Al” Dunlap (West Point ‘60) wrote the playbook.

Keep cutting heads until you see some deterioration in the org.


13 posted on 11/06/2022 4:17:37 PM PST by nascarnation (Let's go Brandon!)
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To: Hojczyk

Elon for President!


14 posted on 11/06/2022 4:23:51 PM PST by Ciexyz (Prayers for America.)
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To: Hojczyk

One of the biggest things Musk did was to reject the outsourcing “supply chain” model pushed by WSJ and Harvard idiots

The goal is to make EVERYTHING in house, vertically integrated, just like Ford with River Rouge

That way they a) capture ALL the value in the value chain and b) control their own destiny, i.e. schedule, NOT some half assed component supplier, who’s probably trying to extort them anyway

The morons at Lockheed and Boeing turned their companies into big “System Integrators” run by paper pushers known as “systems engineers” (intentionally not capitalized) who have no idea how to actually design/build anything.

Result? They can’t do anything anymore. Their suppliers can, but only when they feel like it. And aerospace typically isn’t a high volume customer like a car company so it’s...we’ll get to ya when we can, mate.

That’s why SX is flying weekly missions while the Lockmart/Boeing guys launch a few times a year, after the usual comedy show of three launch attempts always aborted for some minor pad leak or whatever.


15 posted on 11/06/2022 4:24:20 PM PST by Regulator (It's fraud, Jim)
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To: Hojczyk

Reading your excerpt is Deja vu all over again.


16 posted on 11/06/2022 4:26:20 PM PST by Deaf Smith (When a Texan takes his chances, chances will be taken that's for sure.)
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To: Hojczyk

Great book how musk gets things done


17 posted on 11/06/2022 5:04:51 PM PST by markman46 (engage brain before using keyboard!!!you)
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To: Hojczyk

Read the management book: “First break all the rules.”


18 posted on 11/06/2022 6:30:13 PM PST by kvanbrunt2
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