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Tag Archives: Andrew Carnegie
The Peter Principle and the Paternal Instep
The Peter Principle characterizes corporate promotions in that competent employees are frequently promoted until they reach their level of incompetence. This Principle applies in all circumstances but is particularly relevant to family businesses, where the Paternal Instep allows family members … Continue reading
Posted in Industry Info
Tagged Andrew Carnegie, Bankruptcy, Creative Memories, Paternal Instep, Peter Principle
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