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The "Peter Principle" and Business Strategy
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Business and Management research papers
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A 7 page paper discussing the
relevance of this 1969 publication to today's business environment. The Peter Principle holds that
individuals will be promoted until they reach a position in which their performance is only
marginal - their "level of incompetence." Given today's hypercompetitive business environment,
organizations of all kinds and sizes are forced to operate more efficiently and need vision and
creativity from managers. They are unlikely to find those qualities in incompetent managers, and
that lack negatively affects the organization's bottom line while also damaging its competitive
position. Bibliography lists 4 sources.
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Pages:
7
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Filename:CC6_KSpeterPrin.wps |
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Paper Title:
The "Peter Principle" and Business Strategy
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