Forty years ago, in a satiric book named "The Peter Principle", Dr. Laurence J. Peter first defined this phenomenon. The principle asserts that in a hierarchy, members are promoted so long as they work competently. Sooner or later they are promoted to a position at which they are no longer competent, and there they remain, unless they join a startup to get the next level.

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Posted: December 30th, 2010
at 2:05pm by Koookiecrumbles


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