Hello and welcome to the Byron North Show, the No-Chick-Chick Podcast.

We like to get right into it, and what we're going to get into today is the Peter Principle,

or let's be a little more specific, the Peter Buttigieg Principle.

Start out with a little history lesson.

In the 1960s, there was a professor, he was a professor and a business analyst, and his

name was Lawrence J. Peter, and he became famous for coming up with something that he

called the Peter Principle.

Now the simple way to describe it was this.

He studied businesses and how businesses and big corporations operated.

So in a big corporation, an employee does well, and he gets promoted.

So he's in a new, higher level job, and he does well in that, and he gets promoted

again, and maybe that happens even another time.

He gets promoted to yet another level, and he does well there.

And then he gets promoted one more time, but he finally rises to a job that is beyond

his abilities.

He doesn't do it well.

Well, he doesn't get promoted anymore, but he stays in that job.

So he stays in a job that he doesn't do well.

And the way that Peter wrote this up, and you called it the Peter Principle, quote,

in a hierarchy, every employee tends to rise to his level of incompetence.

In time, every post tends to be occupied by an employee who is incompetent to carry

out its duties.

...