According to the Peter Principle, a business theory formulated by Canadian Lawrence Peters back in 1968, in a hierarchy, people tend to rise to the level of their incompetence. But in Boulder, that ...

(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 states that a person competent in their job will earn a promotion to a position that requires different skills. Executives have been relying on this system in large organizations, ...

It’s the famous (or infamous) theory that within organizations, people tend to rise to their level of incompetence. Folks get promoted based on a good attitude, loyalty, a strong work ethic, etc., ...

The Peter Principle is a concept in management theory in which people are promoted on the basis of their success in previous jobs until they reach a level at which they are no longer competent. In ...

What is the Peter Principle? It’s a theory formulated by educator Laurence J. Peter from Canada, and published in 1969. It states that a person will rise to “their level of incompetence.” Every time I ...