2min chapter

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

Freakonomics Radio

CHAPTER

The Peter Principle: Why Things Always Go Wrong

Peter Principle: People who rise to their level of incompetence tend to stay there. The book he wrote with Raymond Hull was called The Peter Principle, Why Things Always Go Wrong. His idea is that firms and organizations tend to promote people based upon their performance so far. He says it would seem to make perfect sense that you promote someone who's good at their job. You promote the bad workers.

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