Presented to YES 1 Aug Larry Earnhart, Ph.D., M.B.A.

“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”

* 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

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

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

1% of the general population 4% of business managers Paul Babiak, Ph.D. & Robert D. Hare, Ph.D., Snakes In Suits Prevalence Of Psychopathy

Gilbert Labour is an executive coach and bases his estimates on 30 years experience 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

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

Results don’t make sense Good employees leaving Something just doesn’t seem right Lost access to personnel or departments Identifying The Corporate Psychopath

How To Manage The Corporate Psychopath Don’t Do not stop, do not pass Go, do not collect $200 Get rid of offender ASAP

How To Manage The Corporate Psychopath Prevention Intuition Financial Results MBWA Hiring Team interviews Check references Verify resume claims

Larry Earnhart Alchemy Business Consulting

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