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

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

  1. THE PETER PRINCIPLE What it means to you and me Tay Thain Lin 19.09.2013 Copyright©2013. Tay Thain Lin. All rights reserved.
  2. THE PETER PRINCIPLE A 1969 book by Dr Lawrence J Peter & Raymond Hull Copyright©2013. Tay Thain Lin. All rights reserved.
  3. What is the Peter Principle? Copyright ©2013. Tay Thain Lin. All rights reserved.
  4. “Employees tend to rise to their level of incompetence.” Employees tend to be given increasing authority until they cannot continue to work competently. Copyright ©2013. Tay Thain Lin. All rights reserved.
  5. The principle holds that in a hierarchy, members are promoted so long as they work competently. Copyright ©2013. Tay Thain Lin. All rights reserved.
  6. Eventually they are promoted to a position at which they are no longer competent… …And there they remain, being unable to earn further promotions. Copyright ©2013. Tay Thain Lin. All rights reserved.
  7. “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.” Copyright ©2013. Tay Thain Lin. All rights reserved.
  8. Copyright ©2013. Tay Thain Lin. All rights reserved.
  9. INCOMPETENCE is a very strong word Peter Principle: Is it true or just an amusing explanation of human behaviour? Copyright ©2013. Tay Thain Lin. All rights reserved.
  10. “For promoted individuals, the expected ability falls from period to period.” Prof. Edward Lazear A+E(1|A+1A*)A+E(2|A+1A*) Copyright ©2013. Tay Thain Lin. All rights reserved.
  11. Peter Principle is a generalized principle. It is not a law or management theory. But it holds important lessons for us. Copyright ©2013. Tay Thain Lin. All rights reserved.
  12. Time to take stock, reflect and take a long hard look at ourselves. Copyright ©2013. Tay Thain Lin. All rights reserved.
  13. So, let’s talk about promotion. Copyright ©2013. Tay Thain Lin. All rights reserved.
  14. 0 How do people get promoted in our Firm? Copyright ©2013. Tay Thain Lin. All rights reserved.
  15. What we look for: Copyright ©2013. Tay Thain Lin. All rights reserved. Execution.Energy. Make Hard Decisions. Attitude. Passion.
  16. But sometimes we promote a person when he/she is not quite “ready”… …To give him/her time to grow into the new role. Copyright ©2013. Tay Thain Lin. All rights reserved.
  17. Why were you promoted? Why are you at where you are today? Copyright ©2013. Tay Thain Lin. All rights reserved.
  18. ! Beware of the Peter Principle when things become routine and cosy. Copyright ©2013. Tay Thain Lin. All rights reserved.
  19. How do you avoid the Peter Principle? Copyright ©2013. Tay Thain Lin. All rights reserved. Half full? Half empty?
  20. 3 Steps To A Better Manager* Copyright ©2013. Tay Thain Lin. All rights reserved. *i.e. all of us here
  21. #1 Understand your role as a manager/leader Copyright ©2013. Tay Thain Lin. All rights reserved.
  22. What does a manager do? “Managers must manage.” Harold Geneen Copyright ©2013. Tay Thain Lin. All rights reserved.
  23. Study Counsel subordinates Coach Mentor colleagues Develop practice Manage key accounts Build relationships Network Socialize Analyse performance Strategize Implement change Communicate Research Evaluate information Negotiate Plan resources Make difficult decisions Manage conflicts Arbitrate Give talks Foster 7Ps values Perform admin tasks Develop talent Write articles Create pipelines Interview and hire Plan for succession Prepare budget Do work. Supervise staff. Manage clients. Hit budget. …And don’t complain.
  24. The hard truth: Managing and leading may not be our natural attribute. Copyright ©2013. Tay Thain Lin. All rights reserved.
  25. We can attend management courses and be trained. The key is practice. Copyright ©2013. Tay Thain Lin. All rights reserved.
  26. #2 Determine what to do or change. Copyright ©2013. Tay Thain Lin. All rights reserved.
  27. How can you be a better manager today? Surely, you have to change something. Copyright ©2013. Tay Thain Lin. All rights reserved.
  28. Are you busy? It’s unthinkable not to be busy. Copyright ©2013. Tay Thain Lin. All rights reserved.
  29. We have the BU5Y Virus! Copyright ©2013. Tay Thain Lin. All rights reserved.
  30. Kill the “BU5Y Virus” in you, and look at better way of doing things. 70-20-10 Rule 15% Rule 90/10 Rule Copyright ©2013. Tay Thain Lin. All rights reserved.
  31. Your Time How to manage your career with Google’s 70/20/10 Rule Copyright ©2013. Tay Thain Lin. All rights reserved. 70% of time on your core competency/work 20% of time on work related projects 10% of time on learning new ideas & innovating
  32. “Put the end in mind.” Stephen R Covey “Be demanding of yourself and your boss.” Dina Dublon Copyright ©2013. Tay Thain Lin. All rights reserved.
  33. #3 Just do it. Copyright ©2013. Tay Thain Lin. All rights reserved.
  34. “If you’re not getting better, you’re getting worse. Things will never stay the same.” David Brandon Copyright ©2013. Tay Thain Lin. All rights reserved.
  35. Doing “nothing” is not a solution. Copyright ©2013. Tay Thain Lin. All rights reserved.
  36. Find time to do the “First things first”: Important but non- urgent tasks. Prioritise. Delegate. Empower. Copyright ©2013. Tay Thain Lin. All rights reserved.
  37. In conclusion… It’s all about choice. Copyright ©2013. Tay Thain Lin. All rights reserved.
  38. Beware of Peter and the sow* The only person that you should try to be better than is the person you were YESTERDAY. Copyright ©2013. Tay Thain Lin. All rights reserved. *same old way
  39. Thank you. Copyright ©2013. Tay Thain Lin. All rights reserved.
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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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