
Having a huge ego, craving attention and being an overall narcissist doesn’t sound like a trio of compliments but studies show that these qualities can make you a great leader, found the study.
A group of professors from IMD business school, Penn State, and Erlangen-Nuremberg University found that the above mentioned qualities tend to lead to innovation and aggressive decision-making.
The professors doing the research examined how 78 CEOs and 33 major American pharmaceutical companies did in the biotech boom from 1980 to 2008. They accounted for narcissism by measuring how often the CEOs’ photos were found in annual reports, how frequently they were mentioned in press releases and their overall compensation compared to the person...