While pondering about this question, I came across a very interesting article “Narcissistic Leaders: The Incredible Pros, the Inevitable Cons” which was published in the Harvard Business Review in January 2004. According to the author Michael Maccoby "narcissists have always emerged to inspire people and to shape the future."
The shift in leadership has changed dramatically from having muscle to building good relationship with peoples. With today's changing global society, the ability to attract followers and imposing great vision along the way is not just enough for narcissism to achieve it's utmost level.
According to Maccoby, they need to overcome their weakness such as “Sensitive to Criticism, Poor Listener, Lack in Empathy, Distaste for Mentoring and An Intense desire to Compete”.
As much as I enjoyed reading the article, it's irresistible not to share it.
The following link contains a file which requested you to either open or save the file in order to read the article.
Maccoby's Article on Narcissistic Leaders
showsupport.typepad.com/odyssey/files/ccc-081208-macoby.pdf
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