Slow Down That Promotion Train

Heard of the Peter Principle? That everyone in a hierarchical organization (i.e. your office) will eventually be promoted into incompetence?

Turns out that not only is that satirical principle actually true at least in theory, but one such organization has found that slowing down the rate of promotions is working really well.

“I saw people flourish at one level, and when we tried to move them to another level, they would fall apart,” David Bianconi, founder and CEO of Progressive Medical Inc, told SmartBusiness Columbus.

“I have ruined a couple people and I blame myself for that.