[Video] The Peter Principle Explains Our Incompetence
MICHELLE SMALENBERGER, CFP ®
Do you ever look back and think about the things that helped you get to where you are today? As you move up the ladder within your corporation, or you move from one opportunity to another –even between businesses. How does the Peter Principle can teach you to never stop learning — regardless of how high a position you get.
What Is The Peter Principle?
When You Get Promoted You Actually Become More Incompetent!
And in this new level, you’re actually incompetent. Because you now have to learn how to master this new level–this new challenge or this new role. And so that’s what the Peter Principle is saying is that we actually rise or move to our own level of incompetence.
But actually in that next step, when we’re incompetent at first, that’s actually when we’re getting better.
We’re gaining our self-esteem. We’re getting more confident. Because we’re learning that we can master this new skill, this new role, this new challenge. And so maybe that’s where our confidence is growing. And then when we’re promoted to the next level, now it’s just reassuring us that, “Yes,I did master that challenge.”