Introduction
An "unbelievable decision" has the power to break common sense and open up new possibilities. When a manager makes such a decision, it is often accompanied by a lot of criticism and concerns, but it is a moment that can be the key to success. The example of Elon Musk's founding of SpaceX and his challenge to enter the space business as a private company is a typical example. In this paper, we will use this specific example to discuss the points that managers should consider when making important decisions.
This paper
The decision by Elon Musk to found SpaceX was judged by many experts to be "reckless." At the time, entering the space business was considered to be extremely risky, required huge amounts of capital, and was unlikely to be successful for a private company. However, Musk set a grand vision of "moving humanity to Mars" and continued to take on the challenge. As a result, he achieved the feat of being the first private company in the world to successfully supply a space station. There are three important factors that supported this decision.
(1) Clarity of vision
Managers are required to clarify their own dreams and goals and have a concrete plan to realize them. Elon Musk's clear vision was the driving force behind his decisions.
(2) Taking risks
The courage to venture into unknown territory is an important attitude required of a manager. Success comes from not being afraid of risk and seeking new opportunities.
(3) Flexibility and adaptability
Even when faced with challenges or criticism, it is important to have the ability to respond flexibly to overcome them. Elon Musk demonstrated this ability and solved the difficulties.
These elements are the foundation for making "unbelievable decisions." In addition, the ability to properly understand the external environment and respond to changes is also important.
Conclusion
What we can learn from the example of Elon Musk is the qualities necessary for a manager to be successful. Having a clear vision, accepting risks, and the ability to respond flexibly will lead a manager to new territory. "Unbelievable decisions" are accompanied by criticism and anxiety, but success is only possible if you overcome them and take action. As a manager, having this kind of attitude is the key to opening up the future.
Comments