Peter Principle: When People Get Promoted Into Maximum Incompetence
Channel: Sprouts
Date: 2019-10-10

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.
 
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Read the entire script here.
 
Sources:

https://en.wikipedia.org/wiki/Peter_principle#The_Peter_Principle
https://www.nber.org/papers/w24343
http://www-siepr.stanford.edu/Papers/pdf/00-04.pdf

https://igormroz.com/documents/netflix_culture.pdf

https://en.wikipedia.org/wiki/Richard_Sackler
https://drugabuse.com/oxycodone/history-statistics/
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2622774/
http://documents.latimes.com/oxycontin-press-release-1996/