In the late 1960s, Laurence J. Peter created the “Peter Principle,” postulating that managers are promoted to their level of incompetence, causing organizations to falter. As I reflect on the software ...
IN the field of organisational management, the Peter Principle remains one of the most compelling — if not uncomfortable —observations. Coined by Canadian educator Laurence Peter, the theory posits: ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...