Dec 19, 2019 - Shoppers Stop likely to open 10 premium stores in FY20: Rajiv Suri, MD CEO

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From the Editor's Desk

Narcissistic CEOs Weaken Collaboration and Integrity

Plenty of venerated CEOs, from Oracle's Larry Ellison to Tesla's Elon Musk to the late Steve Jobs at Apple, have been described as narcissists. Success for such leaders is often attributed to their bold vision, extreme self-confidence, and determination to win at all costs. Less palatable qualities of the narcissistic personality type - including entitlement, hostility when challenged, and a willingness to manipulate - are seen as part of the package.

But ignoring the harm that narcissistic leaders can cause is perilous, argues Charles A. O'Reilly III, the Frank E. Buck Professor of Management at Stanford Graduate School of Business. "We see the 10% of narcissists that succeeded and call them visionaries," he says. "We're not looking at the 90% who flamed out and caused irreparable damage. By talking about narcissism as though it might be positive, we're not paying attention to how dangerous these people can be."

Continued here

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