Types of personality disorder

Background
Review the following scenario:
You are a licensed mental health practitioner who is also studying for your Ph.D. in psychology in Dubai. Following the economic downturn and the failure of several banks and financial institutions, you decide to complete your dissertation on the personality characteristics of CEOs in major financial institutions. Because you are in Dubai, an international financial center, you treat a diverse group of international executives and their families. Most of the treatment requests are initiated by spouses who complain that their partners are emotionally distant and unable to form close relationships. Your hunch is that these CEOs shared distinct personality characteristics which suited them well for high-risk business but make them ill-suited for family life.

What type of personality disorder do you hypothesize you would find in these CEOs? Prepare a paper in which you identify and analyze this disorder. Be sure to explain the theory and assess research that would support such a dissertation proposal. Also, add a critique of the system used to diagnose these types of mental disorders.

Sample Answer

The economic downturn of 2008 and the failure of several major financial institutions led to a great deal of scrutiny of the CEOs of these companies. Many people wondered how these CEOs could have made such risky decisions that ultimately led to the collapse of their companies. Some psychologists and psychiatrists began to speculate that the CEOs of these companies may have had personality disorders that made them more likely to take these risks.

One personality disorder that has been suggested as a possible explanation for the behavior of CEOs in major financial institutions is narcissistic personality disorder (NPD). NPD is a personality disorder characterized by a grandiose sense of self-importance, a need for admiration, and a lack of empathy. People with NPD often believe that they are superior to others and that they deserve special treatment. They may also be very manipulative and exploitative in their relationships.

Full Answer Section

There are a number of reasons why NPD might be a common personality disorder among CEOs in major financial institutions. First, people with NPD are often very confident and assertive, which can be helpful in the competitive world of business. Second, people with NPD are often very good at networking and building relationships, which can be important for success in the business world. Third, people with NPD are often very good at taking risks, which can be necessary for success in the financial industry.

However, there are also a number of reasons why NPD could be a liability for CEOs in major financial institutions. First, people with NPD often have a very inflated sense of self-worth, which can lead them to make reckless decisions. Second, people with NPD often have a very difficult time accepting criticism, which can make it difficult for them to learn from their mistakes. Third, people with NPD often have a very difficult time forming close relationships, which can make it difficult for them to get the support they need from others.

Research

There is some research that supports the hypothesis that NPD is a common personality disorder among CEOs in major financial institutions. For example, one study found that CEOs of major financial institutions were more likely to have NPD than CEOs of other types of companies. Another study found that CEOs with NPD were more likely to make risky decisions that led to financial losses for their companies.

However, it is important to note that not all CEOs with NPD are reckless or make bad decisions. Some CEOs with NPD are very successful and make a lot of money. It is also important to note that not all CEOs who make risky decisions have NPD. Some CEOs may simply be taking calculated risks that ultimately pay off.

Critique of the System

The system used to diagnose personality disorders is not without its critics. Some critics argue that the system is too subjective and that it is difficult to make accurate diagnoses. Others argue that the system is not sensitive enough to the cultural context in which people live.

Despite these criticisms, the system used to diagnose personality disorders is the most widely used system in the world. It is important to remember that personality disorders are complex and that there is no single test or diagnosis that can definitively determine whether or not someone has a personality disorder.

Conclusion

The research on the personality characteristics of CEOs in major financial institutions suggests that NPD may be a common personality disorder among these individuals. However, it is important to note that not all CEOs with NPD are reckless or make bad decisions. Some CEOs with NPD are very successful and make a lot of money. It is also important to note that not all CEOs who make risky decisions have NPD. Some CEOs may simply be taking calculated risks that ultimately pay off.

The system used to diagnose personality disorders is not without its critics. However, it is the most widely used system in the world. It is important to remember that personality disorders are complex and that there is no single test or diagnosis that can definitively determine whether or not someone has a personality disorder.

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