BLUFThe Peter Principle is a management concept formulated by Dr Laurence J. Peter in the late 1960S; this theory suggests that people get promoted based on their competence in their current role rather than their ability to perform in a higher position. As a result, many individuals may end up in positions where they are no longer competent,
Adam Hayes writing in Investopedia makes the following points about the Peter Principle:
- It is outlined in the book The Peter Principle.
- Higher positions may require different skills than the person currently possesses.
- Many valuable skill sets do not always transfer well to higher positions.
- Adequate training, careful assessment of job skills, and appropriate interest-based placements may overcome the Peter Principle.
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