A strongman is a particular type of leader. Historically mostly strongmen ruled the earth, though especially since the Enlightenment and the American and French Revolutions, democracies have given autocracies a run for their money.
Recently the word “strongman” has come back into fashion – with a vengeance. First, because in the last decade the number of autocracies worldwide has increased, while the number of democracies has decreased. And second, because of what was immediately dubbed “Putin’s War,” the war in Ukraine, which has dominated much of the world’s news cycle since Russia’s invasion on February 24.
We make a mistake, however, when we confine the word “strongman” to politics, typically to national leaders who are autocrats or despots. Strongmen are everywhere in evidence – including in business. What is Elon Musk if not a strongman? What is Jeff Bezos if not a strongman? What are men like Jamie Dimon and Larry Fink and Ray Dalio if not strongmen otherwise (poorly) disguised?
Here’s a fraction of Elon Musk’s last week:
- He disclosed that he bought a 9% stake in Twitter whereupon he was immediately named to Twitter’s board.* As soon as the news of his humungous investment became known, Twitter’s stock surged 27%.
- He announced that 194 billion hamsters can fit into Tesla’s spanking new factory in Texas. (Musk is of course Tesla’s founder and CEO.)
- He tweeted this and that to his astronomically high 90 million Twitter followers – over whom he is reputed to have considerable sway.
- And, oh, by the way, another company of which Musk is founder and chief executive officer, SpaceX, this week launched one retired astronaut and three paying customers into space. They are scheduled to dock at their designated space station on Saturday.
If ventures, adventures, like these, all in a seven-day period, don’t make Musk a strongman, please tell me who is. A strongman “leads or controls by force of will and character.” No military means or mechanisms necessary.
*Several days after it was announced that Musk was joining the board, it was announced Musk was not joining the board. No reason was given for why the change.
