Subject category:
Human Resource Management / Organisational Behaviour
Published by:
INSEAD
Version: December 2003
Length: 17 pages
Data source: Field research
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Abstract
The objective of this case is to provide a cautionary tale. The narcissistic entrepreneur/founder of the company was initially successful in building his organisation during the Internet dot.com bubble, as he was able to motivate and inspire his young employees. As they began to realise that they were being exploited, he lost control of them. Most of them left the company, ironically leaving the leader without the knowledge resources to recreate the organisation in the post dot.com economy. Themes addressed in the case are: entrepreneurship; narcissistic leadership; corporate culture, succession, leadership development; and the perils of growing out of the start-up stage.
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Abstract
The objective of this case is to provide a cautionary tale. The narcissistic entrepreneur/founder of the company was initially successful in building his organisation during the Internet dot.com bubble, as he was able to motivate and inspire his young employees. As they began to realise that they were being exploited, he lost control of them. Most of them left the company, ironically leaving the leader without the knowledge resources to recreate the organisation in the post dot.com economy. Themes addressed in the case are: entrepreneurship; narcissistic leadership; corporate culture, succession, leadership development; and the perils of growing out of the start-up stage.