The Peter Principle states that a person competent in their job will earn a promotion to a position that requires different skills. Executives have been relying on this system in large organizations, ...

The Ig Nobel Prize is given out by a group called Improbable Research, which celebrates "achievements that first make people laugh, and then make them think. The prizes are intended to celebrate the ...

(Reuters) - The idea that people succeed at work up to the point at which they are no longer much good apparently applies to fund managers too. A new study bears out the truth in asset management of ...