It is a concept in management theory that suggests that employees are promoted based on their performance in their current role rather than their ability to perform in the new role to which they are being promoted. The principle is named after Laurence J. Peter, who proposed it in his 1969 book "The Peter Principle: Why Things Always Go Wrong." According to the principle, employees will continue to be promoted until they reach incompetence.
For More Info:
Peter Principle: What You Need to Know
Sign up now to get updated on latest posts and relevant career opportunities