is the problem of lots of narcissism.
Perhaps because I had just wrapped-up a doctoral seminar on leadership, there were two articles that really caught my eye. I wasn't shocked by the findings, and you likely won't be either, but was pleased with the rigor. The three studies from two articles were done in different ways, but the upshot is that CEOs are swayed heavily by praise and ass-kissing of all kinds, especially narcissists, and the effects aren't pretty. In short:If you are a CEO, these studies show how hard it is for you to wade through and tune out all the bullshit and ass-kissing that come with the job. Those flattering stories that the press wants to write about you are dangerous to your organization's health -- especially if you are narcissist, but even you are not. And all that insincere ass-kissing and agreement from your board and your management team may help them get ahead, but can hurt you and your company. It can fuel an inflated self-assessment of your skills, cause you to cling to failing strategies, hurt your firm's long-term performance, and cost you your job.
There is a lots of detail about these recent studies found here at the source: Bob Sutton's Work Matters.