Wednesday 25 November 2015

TASK 1 : PART IIII

8) Outcome Oriented
This means that the entrepreneurs are more interested in the final outcome rather that going through a process. In many ways it is a good thing. That is as long as the desired result is an honorable thing and that the process has integrity. You could say it doesn’t matter how you get there as long as you get there but not good if it has a negative effect on other areas. When they work towards gaining something, they are totally eyes focused on what they want to achieve or to keep their goals in sight, being result oriented is a great thing for them to improve the company business.
In other word, outcome oriented has the same meaning with goal oriented and result oriented. According to Wikipedia, goal oriented means "disposition toward developing or demonstrating ability in achievement situations". Previous research has examined goal orientation as a motivation variable useful for recruitment, climate and culture, performance appraisal, and selection. Studies have also used goal orientation to predict sales performance, goal setting, learning and adaptive behaviors in training, and leadership. Due to the many theoretical and practical applications of goal orientation, it is important to understand the construct and how it relates to other variables. In this entry, goal orientation will be reviewed in terms of its history, stability, dimensionality, antecedents, its relationship to goal setting and consequences, its relevance to motivation, and future directions for research. In other word, result oriented is a term used to describe an individual or organization that focuses on outcome rather than process used to produce a product or deliver a service. As such, a number of processes are used where the most effective and economical process is identified. 





In this outcome oriented, we are going to share Elon Musk biography, the CEO and CTO of SpaceX CEO, chief product architect of Tesla Motors, chairman of Solar City, and co-founder of PayPal. Musk is an aggressive result oriented entrepreneur to reach his goals. Elon Musk is not a money oriented person, he always to want change the world. He is not an entrepreneur, more likely a world changer. Musk actively in design of electric cars and spaceships.
At the age of 12, Elon Musk has a clear goal and outcome for what he doing. For instance, he learned programming to program a computer game, Blastar and earned $500 . Musk is an outcome oriented person since he was young. In the summer of 1995, Elon Musk made the second and the most important decision in his life.  He pursue his study at Stanford University applied physics and materials science since he is an art student. However, after 2 days, he left the school and start Zip2 with his brother .He worked from early morning until late evening. He lived in the same warehouse where he rent the office, and when he needed to take a shower he had to go to locker rooms of a local stadium.
He work hard every single day to success his internet startup because he found this is an era of internet revolution. Musk started to work on electronic payment systems that were gaining popularity, the X.com, his new startup. In March 2000, X.com merged with a Concinnity then renamed to PayPal and Elon Musk became the chairman and chief executive of PayPal.
Elon Musk want to achieve and keep his goals in sight changing the world. After received $180 million for his share from PayPal and had enough funds to pursue his interests. Elon Musk believes that the world has become dependent on oil. Internal combustion engines in favor of electric motors instead of oil. Hence Musk start Tesla.


However, Musk face a crisis, management failures led the actual selling price of the electric vehicle was almost twice as high as originally implicit price of $92,000. In addition, Martin Eberhard made a strategic miscalculation: and the release of the car had to be postponed for more than a year. Musk is not a process oriented people, Elon fired all the key players fail the project tesla include Martin, headed company himself. He cut the cost again by reducing staff, close some office and demand lower supplier price. As the result, Tesla Roadster saw the world in 2008 with a minor, less than $20,000.
Elon Musk brought innovative idea into the 21st century and our life. Elon Musk life story shows that all his success he achieved thanks to outcome oriented.  He has a clear vison, work towards gaining something, focused on what he want.
Read more at:
https://en.wikipedia.org/wiki/Goal_orientation
http://www.ask.com/education/definition-result-oriented-ce519fc220fa9396b
http://www.biography.com/people/elon-musk-20837159


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