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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.
39

The Peter Principle Revisited: What it means to you and me

Jan 18, 2015

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Thain Lin Tay

The Peter Principle was introduced by Dr Lawrence J Peter in 1969. This presentation revisits the relevancy of this Principle in today's world and discusses how one can avoid the dangers of being caught at the "point of incompetence".
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Page 1: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

THE

PETER

PRINCIPLE

What it meansto you and me

Tay Thain Lin 19.09.2013

Page 2: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

THE

PETER

PRINCIPLE

A 1969 book by

Dr Lawrence J Peter &

Raymond Hull

Page 3: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

What is thePeter

Principle?

Page 4: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

“Employees tend to rise to their level of

incompetence.”

Employees tend to be

given increasing

authority until they cannot continue to

work competently.

Page 5: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

The principle holds that in a

hierarchy, members are promoted so long as they

work competently.

Page 6: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

Eventually they are

promoted to a position at

which they are no longer

competent…

…And there they remain, being unable

to earn further promotions.

Page 7: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

“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.”

Page 8: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

?!

Page 9: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

INCOMPETENCE

is a very strong word

Peter Principle:

Is it true or just an

amusing explanation of

human behaviour?

Page 10: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

“For promoted individuals, the expected ability falls from period to period.”

Prof. Edward Lazear

A+E(1|A+1A*)A+E(2|A+1A*)

Page 11: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

Peter Principle is a generalized principle. It is not a law or

management theory.

But it holds important

lessons for us.

Page 12: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

Time to take stock, reflect and take a

long hard look at ourselves.

Page 13: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

So, let’s talk about

promotion.

Page 14: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

0

How do people get

promoted in our Firm?

Page 15: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

What we look for:

Execution.Energy.

Make HardDecisions.

Attitude. Passion.

Page 16: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

But sometimes we

promote a person when he/she is not

quite “ready”…

…To give him/her

time to grow into the new

role.

Page 17: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

Why were you promoted?

Why are you at where you are today?

Page 18: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

!Beware of thePeter Principlewhen things

become routine and cosy.

Page 19: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

How do you avoid the

Peter Principle?

Half full?

Half empty?

Page 20: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

3 Steps ToA Better

Manager*

*i.e. all of us here

Page 21: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

#1Understand

your role as a manager/lead

er

Page 22: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

What does a manager do?

“Managers must manage.”

Harold Geneen

Page 23: The Peter Principle Revisited: What it means to you and me

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.

Page 24: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

The hard truth:

Managing and leading may not be our

natural attribute.

Page 25: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

We can attend management courses and be trained.

The key is practice.

Page 26: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

#2Determine

whatto do or change.

Page 27: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

How can you be a better manager today?

Surely, you have to change

something.

Page 28: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

Are you busy?

It’s unthinkable not to be

busy.

Page 29: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

We have the

BU5YVirus!

Page 30: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

Kill the “BU5Y Virus” in you, and look at

better way of doing things.

70-20-10 Rule

15% Rule

90/10 Rule

Page 31: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

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

Page 32: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

“Put the end in mind.”

Stephen R Covey

“Be demanding of yourself and your boss.”

Dina Dublon

Page 34: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

“If you’re not getting better, you’re getting worse. Things will never stay the same.”

David Brandon

Page 35: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

Doing “nothing”is not a solution.

Page 36: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

Find time to do the “First things first”:

Important but non- urgent

tasks.

Prioritise.Delegate.Empower.

Page 37: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

In conclusion…

It’s all about choice.

Page 38: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

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

Page 39: The Peter Principle Revisited: What it means to you and me

Copyright ©2013. Tay Thain Lin. All rights reserved.

Thank you.