Is Your Managerial Ego Too Big? Overlords of their own fiefdoms and overseers of inflated budgets and staffs, these type of managers can kill your company. Here's what every leader needs to know to take down the takeover artists.
Opinions expressed by Entrepreneur contributors are their own.
Principalities are great for stamp collectors. They are less appealing when they exist inside your company, thanks to the manager or staffer who has built his or her own private Luxembourg.
It's a phenomenon known in the management trade as "empire building": an urge to create fiefdoms with pumped-up staffs and budgets that match the inflated ego of the perpetrator--and it can sabotage your team, bottom line and worse.
Continue reading this article — and all of our other premium content with Entrepreneur+
Join the internet’s leading entrepreneur community! With your subscription you’ll get:
- Access to all of our premium content and an ad-free experience
- A complimentary subscription to Entrepreneur Magazine
- Four free e-books a year and 20% off everything from our bookstore
- Exclusive events with business celebrities and successful entrepreneurs