2min chapter

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Why Are There So Many Bad Bosses? (Ep. 495 Replay)

Freakonomics Radio

CHAPTER

The Peter Principle and the Incompetence of Bosses

The Peter Principle states that in any hierarchy an employee tends to rise to his level of incompetence. Kelly Shoe: I think it's a funny idea, but it also rings true and it's funny in a kind of unpleasant way because it reminds people how much they dislike their bosses. "I saw that very often the competent individual was promoted to something he couldn't do," she says.

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