Elon Musk’s Six Laws: Would You Live Working for Elon Musk?:- Elon Musk has six rules he recommends for ensuring workplace productivity. These rules revolve around minimizing the time spent in meetings and communicating clearly.
Musk hopes these regulations will help make the Twitter purchase a successful investment. Elon Musk, the controversial figure behind Tesla, SpaceX, and now Twitter, is in the headlines almost every day for his business decisions and the management techniques he uses.
Musk’s supporters claim that he is a highly effective and productive individual. However, detractors argue that he expects an unreasonable level of work from his employees.
Either way, it’s interesting to look at his management techniques and productivity rules to see if you can apply them to your own workplace.
Elon Musk’s Six Laws of Productivity
Elon Musk’s six rules of productivity were shared on Twitter in a leaked email last month. They are generally concerned with the conduct of meetings and communication.
no big meeting
The first rule of thumb that Musk recommends is to avoid large meetings. He says, “Excessive meetings are the curse of large companies and almost always get worse over time.
Please stay away from all large meetings unless you are certain they are providing value to the entire audience.” This makes some sense. Imagine a one-hour meeting with eight participants.
That meeting takes up eight person hours, which is the equivalent of an entire workday. Double the size of the meeting, and now you’ve eaten up the equivalent of two work days for one employee.
If some people are also in the meeting but nothing is being gained from it, you are losing hours or days of productivity.
no long or frequent meetings
Regarding the ban on large gatherings, Musk says, “Unless you’re doing something very urgent, get rid of frequent meetings.
Once the urgent matter is resolved, the frequency of the meeting Must happen fast.” Again, more frequent meetings mean more time talking and less time taking care of urgent tasks.
By reducing the frequency of meetings, attendees can spend more time working.
don’t be afraid to go
Musk recommends that people “walk out of the meeting or leave the call as soon as it’s clear you’re not adding value. Leaving isn’t rude, putting someone on hold and wasting their time is rude.”
This is the third and final meeting rule that Musk advocates. Once again, this goes back to lost work time.
Giving people the power to leave meetings they aren’t benefiting from or actively helping other people gives them more time to focus on productive tasks and less wasted time.
no acronyms or jargon
Musk’s next three rules revolve around how communication should be handled within a company.
His first rule of communication is “Don’t use acronyms or nonsense words for objects, software, or processes… In general, anything that requires explanation hinders communication. We Don’t want people to have to memorize terminology just to get things done.”
In many businesses, abbreviations and jargon have become the norm, and they are easy to use outside your specific audience.
This confuses the person you’re talking to or complicates things by forcing them to ask for clarification.
Instead of saying, “Our ITSM team uses ITIL to reduce MTTR on break-fix issues,” say, “Our technical support team uses processes to resolve customer computer problems more quickly.” uses a specific set” and achieves the same idea more effectively.
Ignore the chain of command
Musk advocates that people ignore the chain of command and that “communication should travel by the shortest path necessary to get the job done.”
He continues, “If, in order to get something done between departments, an individual contributor has to talk to a manager, who talks to a director, who talks to a VP, who talks to another VP.
Who talks to a director, who talks to a manager, who talks to anybody doing actual work, super stupid things will happen.”
All these levels of communication slow things down and increase the risk of miscommunication. The lower the level of talking or doing that needs to happen between two people, the easier the process will be.
use common sense
Finally, Musk says, “In general, always choose common sense as your guide.
If following a company rule in a particular situation is clearly ridiculous, such as if it would make a great Dilbert cartoon, then the rule should be changed.
Essentially, if there is a more logical way of doing something, choose that to increase efficiency.
Do these rules work?
The real question to ask is not whether Musk’s rules for productivity are but whether they work.
On a basic level, these rules make sense. The more time people spend in meetings, the less time they have to work on the things that move a company forward. Likewise, the more time people spend communicating and the more miscommunication there is, the slower things get done.
Musk’s track record is hit or miss in the eyes of many. Tesla has seen great success and is worth over $570 billion. It is one of the most influential electric car manufacturers on the planet. Others, however, view the acquisition of Musk and Twitter’s current management less positively.
He laid off large parts of his staff shortly after taking over, and his new vision for Twitter 2.0 drew further attention from his demands for employees to “work longer hours at higher intensity”.
In the weeks that followed, Twitter experienced glitches and problems, including the notification system breaking multiple times, two-factor authentication breaking for short periods, and other problems.
There have also been questionable decisions, such as the reinstatement of several controversial accounts banned for violating hate speech rules.
It remains to be seen whether Musk’s vision for his new company and his rules for productivity can help Twitter succeed and his other companies grow.
ground level
Musk is one of the most famous business owners in the world today, and his presence on Twitter has widened his reach. Many people emulate his management style and find his productivity rules useful.
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Information Source:-https://www.forbes.com/