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CEOs and NPD

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July 21, 2011 – Comments (2) | RELATED TICKERS: FOX , BP , AIG

My column yesterday for Fool.com delved into the idea that some CEOs may "suffer" from something that looks an awful lot like narcissistic personality disorder. Of course, anybody who's been paying any attention would notice that our culture seems to really encourage and even celebrate this kind of behavior; too bad there are major problems with it, such as lack of empathy for others.

I felt that News Corp.'s Rupert Murdoch's responses at the Parliament were kind of indicative of this ("humble," yet wasn't considering resigning, he's the BEST person -- or maybe in his own mind the only person -- who can clean this up, hmm). I also noted parallels to situations/responses at BP, AIG, and Lehman Brothers.

As a side note... isn't it weird that the DSM won't include narcissistic personality disorder in its fifth edition? Bizarre (and controversial amongst the mental health community, I think). It's a pretty severe personality disorder, all joking aside.

I think our corporations deserve more truly humble and accountable leaders. 

 

2 Comments – Post Your Own

#1) On July 21, 2011 at 9:01 AM, lemoneater (67.81) wrote:

When I read this title I thought at first it should say NYPD.

Very interesting, a quick google search brought this snippet giving a reason why the DSM isn't keeping the disorder.

http://www.mind-meditations.com/personality/narcissism-no-longer-a-disorder/

Somehow the reason stated in the article for removing Narcissistic Personality Disorder from the list sounds invalid. Often individuals who have various disorders are less bothered by the disorder than those around them because they are less aware/ or not aware of the problem.  The same would apply to Borderline Personality Disorder which is devastating to relationships, but often unrecognized by those who have it.  

Curiouser and curiouser as Alice would say. (You are well named, Alyce, as you go through and observe the corporate wonderland.)

 

 

 

 

 

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#2) On July 21, 2011 at 2:38 PM, TMFLomax (45.03) wrote:

lemoneater

Thanks for finding this! Fascinating... and yeah, I agree that that sounds invalid. Definitely people like this may not voluntarily show up for treatment (right, they think they are just fine, especially in NPD's case), but man, they are really tough on other people and regardless of whether they "suffer" from it. Definitely fascinating to see some reasoning for this possibility though (and definitely curiouser and curiouser!).

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