Leadership Qualities
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It's a new year, and a new you. So if you've tended to think of yourself as humble, maybeit's time to make a change, according to a newstudy.Having a huge ego, a need forattention and being an overall narcissist doesn’t sound like a trio of complimentsbut shows that those qualities can make you a good leader, found the study.Aquartet of professors from IMD business school, Penn State, and Erlangen-NurembergUniversity found that the aforementioned qualities tend to lead to innovation and daringdecision-making.The professors doing the research examined how 78 CEOs and 33major American pharmaceutical companies did in the biotech boom from 1980 to 2008. Theyaccounted for narcissism by measuring how often the CEOs’ photos were found inannual reports, how frequently they were mentioned in press releases and their overallcompensation compared to the person second in command.Then the professorsevaluated how fast and intensely the CEOs had adaptedto the rise of biotechnology.The result showed that narcissistic bosses arebetter leaders than the average humble guy. That’s because they tend to see a shot aglory where others might see excessive risk, and that aggression to make a move is wherethe narcissists are more rewarding to their companies.More onAskMen:The OneThing You Should Never Do At The Gym Why It'sActually Good To Be A Workaholic Continue Reading
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