The Peter Principle is a business theory originally conceived of by Professor Laurence J. Peter (for whom it was named after.) It has to do with the structure of hierarchical organizations, and states that people who are competent at their jobs will be continually promoted to higher and better-paid positions, slowly making their way up [...]
Archive for November 26th, 2008
BAD BUSINESS – Peter Principle
Posted in Bad Business, tagged Bad Business, Peter Principle on November 26, 2008 | Leave a Comment »
