In every company there is a "bad boss" and if you look more closely, it seems that there's no good boss in the whole wide world. But, that's far from the truth: the problem is most likely in employees.
Every business consultant heard the following question more than once: "Nobody knows me, what should I do?" If you conduct even the smallest research, you will find that even great professionals can be shy and without self-promotion.
The system which reflects the will of majority is very good for society, but when you look at the great business achievements it suddenly comes to mind that a kind of dictatorship is more appropriate in the long run.
You are leading your team in negotiations with a very important client. Everything goes just fine and smooth until your colleague says "OK, what more can we do to please you?!" At that very moment your team member destroyed your initiative and probably the deal.