What Is the Peter Principle?
What Is the Peter Principle?
9 months ago
investopedia.com
In 1969, Laurence Peter and Raymond Hull coined the expression 'the Peter Principle,' which is the theory that all employees will eventually hit a point in the organisational hierarchy where they are no longer fit to do their job. The idea started out as a lighthearted observation, but this is the reasoning behind it: all employees, when they are good at their job, will get promoted eventually. They'll carry on getting promoted until they reach a point where they are no longer good at their job.
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In 1974, Dr Laurence J Peter (author of the Peter Principle) explained his theory that employees are generally promoted to their level of incompetence. This was one of your favourites from BBC Archive last year. | BBC Archive
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