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Published byWalter O’Connor’ Modified over 9 years ago
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Presented to YES 1 Aug. 2013 Larry Earnhart, Ph.D., M.B.A.
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“Take responsibility, make decisions, take risks! No matter how you carve it up, that’s what management is all about. Anything less is just seat-warming”
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* Bernie Maddoff 4,000 victims $17B losses * Bernie Ebbers Looted $600M from WorldCom * Ken Lay, Jeff Skilling, Andy Fastow Utterly destroyed Enron and Arthur Anderson, $80B in losses * Ian Thow Defrauded dozens of clients, over $20M
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Desirable Managerial Traits Gets The Job Done Makes an excellent first impression Shows courage and steadfastness Strategic-minded Risk-taker Can live with tough decisions Confident & knows self worth Objective & analytical Networks well Moves up the hierarchy without loyalties Visionary
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Gets The Job Done Makes an excellent first impression Shows courage and steadfastness Strategic-minded Risk-taker Can live with tough decisions Confident & knows self worth Objective & analytical Networks well Moves up the hierarchy without loyalties Visionary No conscience Aberrant self-promoter No fear Liar and schemer Thrill-seeker No guilt or remorse Grandiose self-image Cold-hearted Glib, superficial charm Severs ties with those no longer useful Exaggerated promises Psychopathic Management Traits
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1% of the general population 4% of business managers Paul Babiak, Ph.D. & Robert D. Hare, Ph.D., Snakes In Suits Prevalence Of Psychopathy
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Gilbert Labour is an executive coach and bases his estimates on 30 years experience http://www.psychopath- research.com/forum/ubbthreads.php/topics/1074/2/Corporate_Psychopaths Estimated Impact of Psychopathy on the Organization 25% of all resignations 50% of all stress leaves 25% staff turnover rate Each victim is out of pocket $10,000 The community is out of pocket $5,000 per victim
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Narcissistic – It’s all about them – Their goals are not your goals Deceitful - No truth at all Manipulative – You won’t know Charming – Many victims love them Predatory – Steal other’s ideas Unremorseful – Absolutely no conscience Unempathic – Physically unable to feel other’s emotions Identifying The Corporate Psychopath
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Results don’t make sense Good employees leaving Something just doesn’t seem right Lost access to personnel or departments Identifying The Corporate Psychopath
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How To Manage The Corporate Psychopath Don’t Do not stop, do not pass Go, do not collect $200 Get rid of offender ASAP
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How To Manage The Corporate Psychopath Prevention Intuition Financial Results MBWA Hiring Team interviews Check references Verify resume claims
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Larry Earnhart Alchemy Business Consulting www.alchemyconsulting.ca
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http://en.wikipedia.org/wiki/Psychopathy Unlike the criminal or antisocial psychopath, the white-collar psychopath usually does not engage in violence or direct criminal behavior. Instead, they operate through glibness, manipulation, deceit, and with a lack of remorse or guilt
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