The Peter Principle isn’t a bug in organizational design. It’s a feature—one that protects those who benefit from it and ...

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, ...