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Originally Posted by Lightspeed
Senior management are the contemporary aristocracy. So many fucking idiots in positions of authority, it's obvious senior business is not a meritocracy.
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I've seen the Peter principle in action so many times in my years of corporate life.
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The Peter principle is a concept in management developed by Laurence J. Peter, which observes that people in a hierarchy tend to rise to their "level of incompetence". In other words, an employee is promoted based on their success in previous jobs until they reach a level at which they are no longer competent, as skills in one job do not necessarily translate to another.
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So many managers that can't manage people, and so many senior leadership team members tanking companies while learning on the job.