I'd think top talent would, you know, behave ethically, and not, for example create a special mostly empty flight that's convenient for a politician just to get a hanger in Newark approved.
I'd think top talent would, you know, behave ethically, and not, for example create a special mostly empty flight that's convenient for a politician just to get a hanger in Newark approved.
On the contrary. CEO's are much more often psychopaths than average. It's in fact the sharks that bubble up to the top.
I'm betting you can't back that up with a significant study that provides actual proof of that common claim. I've seen this statement made routinely for two decades online and have never once seen it supported with anything concrete.
CEOs in the referenced study were 20x more likely to be psychopaths than non-CEOs. That's the same rate as for prisoners.
I find that hard to believe. References for this claim are readily available.
How does that increase profit?
That's more likely a projection of how'd you'd behave in that situation that it is a reality.
He also seems to have tanked customer satisfaction ratings. He was CEO of UAL from the beginning of the continental united merger in October 2010 to September 8, 2015. Here's a relevant article. https://www.nytimes.com/2015/09/15/business/despite-shake-up...
Just because more CEOs are psychopaths doesn't mean that psychopaths are better at doing the work of CEOs.
Frankly many CEOs seem to favor short term gains that benefit themselves and their stock option grants over improving quality and long term growth. I don't know that this guy is a psychopath, but I'm not interested in flying United if I can help it.
We'll never be able to weed out "bad people, so the best solution would be for the government to take a stronger stance and corporate law breaking and to dole out much bigger fines.
However, then we have the same problem with many CEO's/senior management in a revolving door with government/lobbying. So we've got another buddy-buddy system that ensures the .1%+ almost never have to be held accountable for their poor actions.