(Reuters) - The idea that people succeed at work up to the point at which they are no longer much good apparently applies to fund managers too. A new study bears out the truth in asset management of ...
The Peter Principle holds that we rise to our level of incompetence. In other words, at some point in our career, we all end up in over our heads. Tom Foster's Management Skills blog has a post on how ...
Why it’s too late to do something about it. Stepping down from management to line positions is hard, if not impossible, for several reasons: Because you would have to admit to failure. Nobody wants to ...
If you’ve ever immersed yourself in the wonderful world of business literature, you are likely familiar with the Peter Principle, a tongue-in-cheek but cogent treatise written in 1969 that delineated ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. 65% of managers were promoted for the wrong reasons. The result? An 11-point engagement gap.
If you’ve ever worked in an organization, you’ve no doubt come across someone in senior management and asked yourself how they ever got promoted. The Peter Principle, coined by Dr. Laurence J. Peter ...
It’s tragically common for people in organizations to be promoted up the hierarchy to their “level of incompetence,” a concept in management known as the Peter Principle. They are promoted because ...
Opinions expressed by Entrepreneur contributors are their own. Laurence J. Peter had perhaps one of the most succinct and insightful observations in the world: People rise to their level of ...
Your article was successfully shared with the contacts you provided. In 1969, educator Dr. Laurence J. Peter and Canadian playwright Raymond Hull wrote The Peter Principle, which famously stated that ...