THE PETER PRINCI PLE What it means to you and me Tay Thain Lin 19.09.2013 Copyright ©2013. Tay Thain Lin. All rights reserved.
Jan 18, 2015
Copyright ©2013. Tay Thain Lin. All rights reserved.
THE
PETER
PRINCIPLE
What it meansto you and me
Tay Thain Lin 19.09.2013
Copyright ©2013. Tay Thain Lin. All rights reserved.
THE
PETER
PRINCIPLE
A 1969 book by
Dr Lawrence J Peter &
Raymond Hull
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What is thePeter
Principle?
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“Employees tend to rise to their level of
incompetence.”
Employees tend to be
given increasing
authority until they cannot continue to
work competently.
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The principle holds that in a
hierarchy, members are promoted so long as they
work competently.
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Eventually they are
promoted to a position at
which they are no longer
competent…
…And there they remain, being unable
to earn further promotions.
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“In time, every post tends to be occupied by an employee
who is incompetent
to carry out its duties.”
“Work is accomplished
by those employees
who have not yet reached their level of
incompetence.”
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?!
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INCOMPETENCE
is a very strong word
Peter Principle:
Is it true or just an
amusing explanation of
human behaviour?
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“For promoted individuals, the expected ability falls from period to period.”
Prof. Edward Lazear
A+E(1|A+1A*)A+E(2|A+1A*)
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Peter Principle is a generalized principle. It is not a law or
management theory.
But it holds important
lessons for us.
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Time to take stock, reflect and take a
long hard look at ourselves.
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So, let’s talk about
promotion.
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0
How do people get
promoted in our Firm?
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What we look for:
Execution.Energy.
Make HardDecisions.
Attitude. Passion.
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But sometimes we
promote a person when he/she is not
quite “ready”…
…To give him/her
time to grow into the new
role.
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Why were you promoted?
Why are you at where you are today?
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!Beware of thePeter Principlewhen things
become routine and cosy.
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How do you avoid the
Peter Principle?
Half full?
Half empty?
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3 Steps ToA Better
Manager*
*i.e. all of us here
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#1Understand
your role as a manager/lead
er
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What does a manager do?
“Managers must manage.”
Harold Geneen
Study
Counsel subordinates
Coach
Mentor colleagues
Develop practiceManage key accounts
Build relationships
Network
Socialize
Analyse performance
Strategize
Implement changeCommunicate
Research
Evaluate information
Negotiate
Plan resources
Make difficult decisions
Manage conflictsArbitrate
Give talks
Foster 7Ps values
Perform admin tasks
Develop talent
Write articles
Create pipelines
Interview and hire
Plan for successionPrepare budget
Do work.Supervise
staff.Manage clients.
Hit budget.
…And don’t complain.
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The hard truth:
Managing and leading may not be our
natural attribute.
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We can attend management courses and be trained.
The key is practice.
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#2Determine
whatto do or change.
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How can you be a better manager today?
Surely, you have to change
something.
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Are you busy?
It’s unthinkable not to be
busy.
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We have the
BU5YVirus!
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Kill the “BU5Y Virus” in you, and look at
better way of doing things.
70-20-10 Rule
15% Rule
90/10 Rule
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Your Time
How to manage your career
with Google’s 70/20/10 Rule
70% of time onyour core competency/work
20% of time onwork related projects
10% of time onlearning new ideas & innovating
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“Put the end in mind.”
Stephen R Covey
“Be demanding of yourself and your boss.”
Dina Dublon
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#3Just do it.
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“If you’re not getting better, you’re getting worse. Things will never stay the same.”
David Brandon
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Doing “nothing”is not a solution.
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Find time to do the “First things first”:
Important but non- urgent
tasks.
Prioritise.Delegate.Empower.
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In conclusion…
It’s all about choice.
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Beware of Peter
and the sow*
The only person that
you should try to be better than is the person you
wereYESTERDAY.
*same old way
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Thank you.