Elon Musk’s Mantra for Rapid Innovation.
Rhymes are enduring and Elon has some catch phrases that pack a punch of memorable management info.
When he gave a Starship Update he explained his management mantra, which enabled them to build the ship in just four month:
“If the schedule is long it’s wrong…
If it’s tight it’s right…
The best part is no part…
The best process is no process.
It weighs nothing, costs nothing, can’t go wrong.”
Elon explains “Time is the ultimate currency” and an extension of this means optimizing for time efficiencies is the ultimate optimization.
“If the design takes too long to build, it’s the wrong design.”
By utilizing a recursive feedback loop Elon is able to speed up the production schedule.
Another time optimizing insight Elon shared is to minimize the amount of needed parts:
“The tendency is to over complicate things…The thing I am most impressed with when I meet with the design team at SpaceX is what did you undesign?”
The tighter the feedback loop and the fewer parts needed in production are two key factors in production time optimization, and you can apply these strategies to your own life.
“The best part is no part. The best process is no process. It weighs nothing, costs nothing, can’t go wrong.”
Keep Elon’s advice in mind and always seek ways to optimize your time.
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