Introduced by Canadian sociologist Dr. Laurence Johnston Peter, the Peter Principle is defined in The American Heritage Dictionary as: ‘
The theory that employees within an organization will advance to their highest level of competence and then be promoted to and remain at a level at which they are incompetent.’
According to Dr Peter, only those within a company who haven’t yet reached their level of incompetence perform any productive work, and long-established companies tend to have a much higher concentration of incompetent managers than new, growing companies.
Read more at Meritocracy.org
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