Executive Twist: Inside the Mind of a CE(psych)O

EXECUTIVE TWIST Inside the Mind of a CE psych O It takes a different sort of mind to run a major company successfully. Sometimes it's genius that sets apart the business elite-but sometimes it just may be madness. We take a look at the studies and profiles that show what make these leaders tick-and why that ticking sound may just be a psychopathic time bomb. 1%) Percentage of general population exhibiting psychopathy PSYCOLOGICAL PROFILE SUBJECT: Dennis Kozlowski CEO of Tyco Percentage of CEOS showing 4%) psychopathic tendencies-four times as likely as the general population I Illegally pilfered $600 million through theft and sale of false securities 3 Number of 11 personality disorders more likely to be found in CEOS than in severely disturbed criminals I Supreme narcissist 1 Gains power by winning disciples to his philosophies Histrionic, Narcissistic, & Obsessive-Compulsive personality disorders I Fueled by sense of entitlement, views shareholders as lacking identity DENNIS KOZLOWSKI I Expert manipulator: pushes all the right emotional buttons Traits that can lead a psychopathic personality to the boardroom instead of prison: V Competence V Order I Virtually hypnotic V Achievement V Motivation V Self-discipline PSYCOLOGICAL PROFILE SUBJECT: AI "Chainsaw" Dunlap CEO of Sunbeam I Once laid off 11,000 people in a single company A TYPICAL CEO TENDS TO BE I Fuzzy math with sales figures led to his dismissal at the company and ultimately the bankruptcy of Sunbeam Sensitive and private • Less likely to be a perfectionist or dominant I Notorious for attending neither of his parents' funerals Prone to emotional instability 6"CHAINSAW" DUNLAP • Less self-assured than most Once told his wife he wanted to taste human flesh people > More cooperative, less forceful I Viewed as completely devoid of empathy PSYCOLOGICAL PROFILE SUBJECT: Dick Costolo CEO of Twitter I #notapsycho, but does say being a CEO is psychologically damaging GOOD CEOS ARE... I Cites need to relate personally to employees' frustrations Sees value in admitting faults and limitations • Passionate • Curious I Doesn't always force his will on company decisions DICK COSTOLO I Knows being liked isn't always possible in every situation • Experienced • Confident • Fearless • Focused SOURCES: http://www.businessweek.com/stories/2002-12-22/online-extra-the-ceo-as-thief-a-psychological-profile http://www.forbes.com/sites/jeffbercovici/2011/06/14/why-some-psychopaths-make-great-ceos/ http://www.time.com/time/specials/packages/article/0,28804,2025898_2025900_2026107,00.html http://usatoday30.usatoday.com/money/companies/management/2010-02-08-ceocolors08_ST_N.htm http://personalityspirituality.net/2010/08/19/successful-psychopaths/ http://www.businessinsider.com/dick-costolo-ceo-psychologically-damaging-2012-11 http://www.nytimes.com/2011/04/17/business/17excerpt.html?pagewanted=all&_r=0 Presented by www.PsychDegrees.org Created by OBizMedia