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Peter Principle: When People Get Promoted Into Maximum Incompetence

Duration: 07:10Views: 368KLikes: 11.2KDate Created: Oct, 2019

Channel: Sprouts

Category: Education

Tags: peter principleeconomicseducationbusinesssciencelearningsproutspromotion

Description: The Peter Principle argues that people who have success in big hierarchical organizations are promoted until they reach their own "level of incompetence”. Here they are often stuck for life. Let´s look at the story about David and Diana, two graduates, who first met at a sales training. They were so proud to have gotten a job in which they could actually help people. Little did they know, that they had joined one of the most dangerous organizations in modern America. A special thank you to our patrons: Avigail, Badrah, Cedric Wang, Eva Marie Koblin, Denis Kraus, Don Bone, John Zhang, Julien Dumesnil, Mathis Nu, and all the others!!! You keep us going! If you want to join us, visit patreon.com/sprouts Read the entire script here. Sources: en.wikipedia.org/wiki/Peter_principle#The_Peter_Principle nber.org/papers/w24343 www-siepr.stanford.edu/Papers/pdf/00-04.pdf igormroz.com/documents/netflix_culture.pdf en.wikipedia.org/wiki/Richard_Sackler drugabuse.com/oxycodone/history-statistics ncbi.nlm.nih.gov/pmc/articles/PMC2622774 documents.latimes.com/oxycontin-press-release-1996

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