Business Concepts - When a better job makes performance worse
By Jeremy S, June 28 2021The Peter principle is the business concept that workers rise to the level of their incompetence. But how can you solve it, and why does it matter?
The Peter principle is the business concept that workers rise to the level of their incompetence. But how can you solve it, and why does it matter?
When we have a tight deadline, most of us can finish a lot of work quickly. But if the deadline is far away, that same work takes much longer. Why is that?
Ideas change, and what's radical to one generation may be normal to the next.
Use Occam's Razor to keep things simple when designing a business plan.
If you have a well-reasoned recommendation that will help someone improve their performance, you can give them constructive criticism. Constructive criticism usually includes positive and negative feedback and is shared in a friendly, supportive manner.
Constructive criticism is often focused on a particular behavior or quality. The goal is to help the person develop and advance.
We generally prefer to discuss things we understand rather than things we don't, and that can be a big problem in interviews and meetings.
Overconfidence can affect anyone—even you.