Ladies and Gentlemen, I think the Nobel Economics committee can take the next year off.
This analysis of organizational dynamics is the most fascinating, and cynical, thing I've read in quite a while:
Sociopaths, in their own best interests, knowingly promote over-performing losers into middle-management, groom under-performing losers into
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Edit: by the way, this happens even if the organization starts with a loser or clueless at the top, and not a sociopath. Sociopaths are good at buttering up losers and clueless above them - who then don't stay above them for long.
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