The initial week of gaining his position as CEO of Twitter was followed by great chaos during which the earliest initiative was taken by Elon Musk of dismissing Twitter’s four top-most executives, including former CEO Parag Agrawal and previous Chief Financial Officer Ned Segal. The top-ranking managers were fired, and a catalog of workers to retain in the firm was collated. Most of the employees started to sleep over in the office to meet deadlines set by their just-joined boss.
Twitter employees were notified on Thursday evening via an email stating the possibility of termination ahead as well as the closing of the office for the next day. According to several media reports, employees started to lose their jobs precipitously the next Friday morning. In addition to the circumstance, the statements, and criticism pronounced by the eliminated employees came out in front of the public which was enough to castigate Elon Musk.
In this regard, different analysts were called out to present their views on the action performed by Elon Musk. James Hayton, professor of innovation and entrepreneurship at Warwick Business School, supported the decision of employee dismissal taken by Elon Musk by elaborating on the significance of taking utmost control of the organization as a safety measure and by ruling over the upper hierarchy, which in the future proved to be a casualty for any company.
On the contrary, William Klepper, a management professor at Columbia Business School, defined Musk as brilliant, but condemned his Approach by declaring it “a case study of failed leadership.” Klepper highlighted his inconsistent behavior while buying the firm and called his action unpredictable. He also criticized his autocratic style as it does not have any concern regarding a desire for a strong organization.
A debate was conducted for deciding a job title for Elon Musk; as per the perception of Hayton, he should be a leader or CEO of Twitter, because he is capable of hiring the right talent, an ideal example set, is his own company SpaceX. On the other hand, Klepper suggested Musk hire others for top management and himself act as a Chief Innovation Officer.
Throughout the discussion, it can be concluded that our actions determine our personality. Once you promise to act on something, stick to your words, otherwise you must be disregarded.
Photo: DADO RUVIC / REUTERS
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by Arooj Ahmed via Digital Information World
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