Time.com Article : Is Your Boss a Psychopath? Or Merely Mean?

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Is Your Boss a Psychopath? Or Merely Mean?

Posted by Brad Tuttle Monday, July 19, 2010 at 12:12 pm Submit a Comment • Related Topics: jobs & employers , boss, management, research

Two separate studies offer insights for why your boss is such an abusive jerk. One says that corporate managers score higher than the average population on tests measuring psychopathy. The other reveals that bosses who make big bucks are much meaner to their employees compared to executives who aren't earning astronomical salaries. So consider yourself a winner if your boss isn't mean, a psychopath, or a mean psychopath.
Over at wsj.com/wealth, Robert Frank sums up the findings of a new research paper "When Executives Rake in Millions: Meanness in Organizations." How do you judge meanness? It's not like it would be possible to follow CEOs around and note every time he or she knocked employees' books out of their hands or shoved interns into their lockers. (I've watched too many teen movies.) Here's how the study was conducted:

They scored companies with “strength points” and “weakness points,” giving strength points to companies that offered employee profit sharing and deducting points for companies that had been penalized for employee mistreatment. The researchers then examined each company's executive compensation and looked for any correlations between increasing income and increasing meanness.

They concluded that “higher income inequality between executives and ordinary workers results in executives perceiving themselves as being all-powerful and this perception of power leads them to maltreat rank and file workers.”

Psychopaths are also known for having inflated self images and for maltreating—and sometimes killing—people around them. In "Corporate Psychopathy: Talking the walk," researchers found that managers scored higher on measures of psychopathy—including poor management style and failure at being team players—compared to the overall population. Per Boston Globe story about the research paper:

The authors conclude that “the very skills that make the psychopath so unpleasant (and sometimes abusive) in society can facilitate a career in business even in the face of negative performance ratings.”

So if you're a psychopath, don't turn to a life of crime. Go into the business world instead and think management. You could have a great career.

And if you're an employee who isn't crazy about the boss, be grateful that your boss isn't a mean psychopath. If you're unfortunate enough to have a boss who happens to be a mean psychopath, then be grateful that at least you continue to draw a paycheck—no small thing in today's economy.

-http://money.blogs.time.com/2010/07/19/is-your-boss-a-psychopath-or-merely-mean/
 
Hmmmm. I find it intersting that there is a similar article from Smart Money dot com. The main stream media is having a go at the psychopaths this month.


-http://www.smartmoney.com/investing/economy/your-boss-might-be-a-psychopath/

Your Boss Might Be a Psychopath

Published July 16, 2010

Most psychopaths don't eat the livers of census-takers with fava beans or stitch together dresses made of human skin, as did Hannibal Lecter and Jame "Buffalo Bill" Gumb in the 1988 novel and 1991 film “The Silence of the Lambs.” Most simply use charm, cunning and deceit to get what they want, without regard for the feelings and well-being of others. Chances are, you know one personally.

That was the message of two books published in recent years: “The Sociopath Next Door,” (2005) by Martha Stout, and "Snakes in Suits: When Psychopaths Go to Work,” (2006) by Paul Babiak and Robert Hare. According to Stout, as many as one in 25 people are conscienceless sociopaths, and the only difference between the convenience store thief and the robber baron is one of social status and opportunity. Babiak and Hare write that psychopaths thrive in corporations, because they excel in making good impressions, latching on to patrons in high positions and manipulating co-workers without remorse.

It stands to reason that if psychopaths excel in corporations, then they should exist in greater percentages in senior management positions. A new study published in the August issue of the Journal of Public Affairs finds just that.

Note that there's some debate over terminology. The American Psychiatric Association, whose views are expressed in the widely used DSM-IV, or Diagnostic and Statistical Manual of Mental Disorders, fourth edition, considers "psychopathy" an obsolete term for antisocial personality disorder (ASPD), defined as "a pervasive pattern of disregard for, and violation of, the rights of others." Hare is the creator of the Psychopathy Checklist, a popular diagnostic tool that scores subjects on a variety of factors related to aggressive narcissism and socially deviant behavior. He contends that psychopathy is a subset of ASPD. For example, although four-fifths of prison inmates meet the definition of ASPD, only one-fifth are likely psychopaths. For the broader population, the figure is closer to 1%.

Business headlines from recent years seem to point to a rise in unscrupulous management, from Ponzi-scheming hedge fund bosses to bank executives who amassed boom-year bonuses only to leave taxpayers with the bust-year bill. Hence, corporate psychopaths are something of a hot topic. In 2008, a trio of professors from the University of Lincoln and Middlesex University in the U.K. and Curtin University of Technology in Perth, Australia theorized that if psychopaths make up 1% of the overall population, they likely make up 2% to 3% of middle managers and 3.5% of senior ones. To test their theory, they surveyed 346 white-collar managers and professionals using a version of Hare's checklist adapted for the workplace. Workers were asked about their experience with current or former colleagues, not about themselves. (Psychopaths are often cunning enough to ace personality-disorder tests when questioned directly.)

Among junior workers, about 15% indicated they had had contact with a corporate psychopath, as defined by the researchers. Among senior-level managers, the rate was over 27%. "The finding implies that Corporate Psychopaths, people without conscience, are in charge of huge corporate resources and that they will not necessarily use those resources for the good of anyone but themselves," the authors conclude in their paper. Routine testing is one possible solution, they write, but a good first step is "creating an awareness among organizational managers that psychopaths exist."

Psychologists stress that the diagnosis of psychopaths is best left to professionals, so those who try to assess their bosses should be careful about sharing their theories with friends and colleagues. That noted, the latest version of Hare's Psychopathy Checklist judges subjects based on the following 20 traits:

•Glibness and superficial charm
•Grandiose self-worth
•Needs stimulation/prone to boredom
•Pathological
•Manipulative
•No guilt/remorse
•Limited emotions
•Lacks empathy
•Parasitic lifestyle
•Poor behavioral controls
•Promiscuity
•No realistic long-term goals
•Impulsiveness
•Irresponsible
•Fails to accept responsibility for own behavior
•Many short-term marital relationships
•Early behavior problems
•Juvenile delinquency
•Probation violation
•Diversity of criminal offenses


Read more: Your Boss Might Be a Psychopath - Investing - Economy - SmartMoney.com http://www.smartmoney.com/investing/economy/your-boss-might-be-a-psychopath/#ixzz0uefW3ilN
 
SOTT had an article that was published in July of 2005. :)

http://www.sott.net/articles/show/142971-Is-Your-Boss-a-Psychopath-
 
Vulcan59 said:
SOTT had an article that was published in July of 2005. :)

http://www.sott.net/articles/show/142971-Is-Your-Boss-a-Psychopath-

:lol: That would explain it- thanks Vulcan. I knew something was up. The SOTT article came out on July 3rd, so it was first.
 
They concluded that “higher income inequality between executives and ordinary workers results in executives perceiving themselves as being all-powerful and this perception of power leads them to maltreat rank and file workers.”

I wonder if this is a valid conclusion. What if only poor corporate cultures that allow CEO's to make a vastly larger amount of money compared to ordinary workers leads to the attraction of a psychopath as a CEO.

They seem to be suggesting that the higher income leads to the perception of being all-powerful. I tend to think it is a perception seeded by the culture of the company hiring the CEO.

I would suggest that any company willing to screw it's ordinary employees at the expense of the CEO's salary will necessarily attract the psychopath, or what I consider a universal law - 'like attracts like'.
 

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