a strong drive for
to seek after ambitiously or eagerly; to
a cherished desire; "his ambition is to own his own
an eager, and sometimes an
inordinate, desire for preferment, honor,
superiority, power, or the
attainment of something
"I'm a hypercompetitive individual."
autistic = a tendency to view life in terms of
one's own needs and desires
At the core of every massive
corporate unraveling, whether it is
Tyco, Adelphia, Long-Term
Capital Management, Kmart, Schwinn,
Quaker Oats, Iridium,
Conseco, Johnson &
Johnson or the Helmsley
Hotels, sits a hypercompetitive manager.
often think their self-worth is
contingent on winning. Start any activity, first thought: I need to win."- John
"The take-no-prisoners competitors can be very successful much
more rapidly than win-win competitors, mainly because they are obsessed,
single-track and totally focused on their own desired result." - Denis
The gist of this manner of competition is self-aggrandizement,
at the expense of others.
This is a extremely
individuals may suceed in many parts of their lives, but interpersonal,
especially intimate, relations are often deeply troubled.
2002 Journal of Social and
Clinical Psychology examines romantic
relationships of hypercompetitive individuals and finds these individuals
report lower levels of honest communication with
the partner, greater infliction of
pain, stronger feelings of
possessiveness, higher levels of
mistrust, stronger need
to control, lower
ability to understand another perspective, and
higher levels of
"The more secure you
are in your own abilities, the more you know yourself, the less you feel
you need to prove something to others."- Richard Ryckman
John Mackey, CEO of Whole
Foods, made anonymous internet forum postings disparaging Wild Oats market from
1999 to 2006 with the intent of driving down the value of Wild Oats.
John Mackey posted comments stating the incorporation "has no value and
no future" and that management "clearly doesn't know what it is doing."
Whole Foods made a hostile
takeover bid in February 2007 capturing Wild Oats.
came to light due to a Federal Trade Commission lawsuit over
2007 CEOs of
10 Wall Street firms that either
failed or received taxpayer bailouts were paid an average of $28.9 million
per year in the years leading up to the Wall Street meltdown.
average pay from 1997 through 2007, equaled 575 times the median American
family's 2007 income.
"Fat cat compensation
has nothing to do with good corporate performance.
exorbitantly compensated for driving
their companies off the cliff.
At a minimum,
Congress must ensure that
corporate leaders are paid for long-term performance, not
short-term illusions." - Robert
2009 "For example, you may think you
communicate, delegate, supervise, and recognize others well, but until you
receive others' opinions on these things, you cannot truly know." - John
Baldoni, How to Crack the Self-Awareness Paradigm,
Korten's research shows a high proportion of CEOs of major corporations exhibit
the traits of antisocial
disorder (APD) is a mental disorder defined in the Diagnostic and Statistical Manual of
essential feature for the diagnosis is
a pervasive pattern of disregard for,
and violation of, the rights of others that begins in childhood or early
adolescence and continues into adulthood."
Essential features of
the disorder are deception and
characteristics of people with antisocial personality disorder
include - persistent lying
recurring difficulties with
the law; tendency to violate the
rights and boundaries of others (property, physical, sexual, emotional,
often violent behavior;
inability to tolerate
for the safety of self or others;
lack of remorse for hurting
a sense of extreme
entitlement; lack of
are few social sanctions -
as contrasted with legal or financial ones - for bad behavior.
Executives who have served
jail time are back on television and are still celebrities." - Jeffrey
"Mid-level managers are not evil people in their everyday lives,
but in the context of
their jobs, they have a
separate moral code
which make up the fundamental rules of corporate life:
(1) You never go
around your boss.
tell your boss what
she wants to hear, so
she doesn't have you
(3) If your
boss wants something dropped, you drop it.
Sensitive to your boss'
wishes you anticipate her needs.
(5) Your job is
cover them up,
keep your mouth
adapted from Robert Jackall, Moral
Known as the
turnaround specialist and downsizer, "Chainsaw Al".
the economic status of Nitec, Scott Paper and Sunbeam.
1974 to 1976 Chainsaw Al engineeres a massive accounting fraud
at Nitec, a paper-mill between. Nitec's $5 million profit for 1976 was actually
a $5.5 million loss.
Nitec sues Dunlap for fraud, but is ultimately
forced out of business.
1995 Chainsaw Al
engineeres a Scott Paper merger with Kimberly-Clark which netted him a $100
million golden parachute - suspected of irregularities.
1996 Chainsaw Al becomes Chairman and
CEO of Sunbeam.
Hostile takeovers of camping gear
maker Coleman and coffee machine maker Signature Brands, best known for making
Mr. Coffee and smoke detector maker First Alert.
1997 Sunbeam reported record earnings of $189 million of which
the SEC estimated $60
million were fraudulent.
Paid $15 million to settle shareholder
lawsuit, was fined $500,000 to settle the SEC charges.
serving as an officer or director of any public incorporation.
review of the book "The Psychopath Test" by Jon Ronson Business Week
reported that Dunlap "scores pretty high on the Hare Psychopathy
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