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> The Peter Principle is wrong for the simple reason that executives aren’t that stupid, and because there isn’t that much room in an upward-narrowing pyramid. They know what it takes for a promotion candidate to perform at the to level. So if they are promoting people beyond their competence anyway, under conditions of opportunity scarcity, there must be a good reason.

^ His argument assumes there is opportunity scarcity. IMO there is opportunity abundance. A well functioning company does not have an "upward-narrowing pyramid" practically speaking, because the pyramid is growing, ostensibly because each team is helping each other grow the company, increasing opportunity for all.

Arguably opportunity scarcity could exist in a Gervaisian sense if you are part of a company being disrupted (e.g. being a paper company in the digital age).




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