Hello Mr. Nikhil,
Greetings for the day!
1. Boss's favorite = totally incompetent is something that was never implied, neither did I... but then I feel your question itself was not very clear, because when you directly ask "Which is better: Being a boss's favorite or a 'trusted' team player?" I don't think the answer is too difficult and that's what most of us have responded with. So it's better if you reframe the question adding all those qualities to the Boss's favorite which you are saying much later in the discussion. I am sure you will get different replies in that scenario.
2. 'boss only reinforces the values of the organization'. Do you really agree with that? Does this statement not suggest that all the bosses on this earth have a very high level of values in them and that they are simply too perfect to go wrong ever? If even a single boss fails to stand up to your statement, then I would say that you need to revise your statement.
3. What do you mean by impression management? I would like to give you a real-life example... In one of the companies I worked with: I had 2 executives directly reporting to me 'X' and 'Y':
'X' was the one who was very humble, would take care of me (as in whenever I'm not well, he would make calls asking about my well-being, assure me that I should not worry about things, and offer to get me some medicines, etc.). He was the one who would ensure that my table is clean and that all the files and documents are there before I reach my desk. He followed all the guidelines set by me and never fell out of line. This guy had really created an excellent impression on me.
'Y' was the guy who didn't make a single call to me and was rather surprised to know that I was not well the other day. Anyways, after reaching the office, his first statement was: "Ms. Sunita, would you like me to update you with what happened yesterday, since you were not present? These many things took place in the office, these are the minutes of meetings of the HOD meet that happened yesterday, and I have emailed the rest of the official reports to you. You may kindly check and henceforth ask me for any other thing that you might not have been updated with." Nonetheless, this was the guy who might not have talked to me about my personal things ever, but then was an excellent performer and a true professional.
As their Manager, I had to promote one of them as a Sr. Executive during the year-end appraisal. Whom do you think I had?
Let me tell you, it was undoubtedly Mr. 'Y', who created a sense of trust, who made me feel that I can leave my department to him whenever needed. And this shows the 'PERSONALITY' I, as a manager, possess. I being a manager, don't need someone who butters me all the time, rather I need a performer... and performance speaks for itself.
Mr. Nikhil, I would like to say that I never intended any personality typification (when I say 'your personality', it doesn't mean yours but 'any person' in general). So, kindly don't misinterpret this. The last thing I would want to do on this forum is to hurt anyone's sentiments.
Lastly, I feel whenever we open a thread, we should be open to accepting feedback and comments... however, in this scenario, it doesn't look like as if anyone can ever convince you with a point of view which you do not possess.
Henceforth, if you feel being a Boss's favorite is more important than being trusted, then it's your perception, and I think any further discussion on this would not be a very good utilization of time.
Wish you all the luck!
Sunita M.