Elon Musk calls this a ‘powerful, powerful way of thinking’—but is ‘hard to do.’ Here’s how it works

Posted by & filed under Communication, Decision Making, Ethics & Social Responsibility, International Business, Leadership, Management.

Description: In a 2013 TED talk, the billionaire entrepreneur revealed his “secret sauce” to achieving extraordinary things: “First principles” thinking, a decision-making strategy in which you “boil things down to their fundamental truths and reason up from there, as opposed to reasoning by analogy.”

Source: CNBC.com

Date: Feb 29, 2020

Link: https://www.cnbc.com/2020/02/28/billionaire-elon-musk-this-is-a-powerful-way-of-thinking-but-hard-to-do-how-it-works.html

Questions for discussion:

  • Summarize what the article says about Elon Musk’s thinking and approach to problems.
  • What do you think about this orientation, from a managerial point of view?