Podcast
Freakonomics Radio
The Peter Principle is a theory which states that in a hierarchy, employees tend to be promoted to their level of incompetence. This book was a satire of corporate strategy, but it was surprisingly popular and many companies tried to recruit Peter to be their management guru.
The Peter Principle states very simply that in any hierarchy, an employee tends to rise to his level of incompetence.
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The Peter Principle is a theory which states that in a hierarchy, employees tend to be promoted to their level of incompetence. This book was a satire of corporate strategy, but it was surprisingly popular and many companies tried to recruit Peter to be their management guru.
The Peter Principle states very simply that in any hierarchy, an employee tends to rise to his level of incompetence.
The Peter Principle. Why Things Always Go Wrong.
His idea is that firms and organizations tend to promote people based upon their performance so far.
In any organization where competence is essentially eligibility for promotion and incompetence is a bar to promotion, people will rise to the level of incompetence and tend to stay there.