Inspired By the Peter Principle: the Peter Pinnacle 80
bfwebster writes "Michael Swaine — long-time, well-known and very prolific author/editor in the programming and personal computing worlds — has just devised a new twist on the Peter Principle: the Peter Pinnacle, 'meaning to get promoted so high and to be so unqualified for your job that the company tells you that you can name your price just to go away.' I'm sure the timing of the neologism is just a coincidence."
An astute lack of information (Score:5, Informative)
The article has no more information than the above summary, does not use any specific examples which illustrate the case, and does not have any links to any further information whatsoever.
If the author doesn't care enough about it to actually take the time to explain in detail what he is really talking about, why should anyone care enough about his opinion to listen?
Sorry for how hostile this post sounds... I'm not angry or anything, just mildly disappointed. An actual paper describing this phenomenon could have been an interesting read, if there had actually been one.
Fiorina (Score:5, Informative)
I'm sure the timing of the neologism is just a coincidence.
Back in 2005, Carly Fiorina took $21 million to walk away from HP: http://money.cnn.com/2005/02/09/technology/hp_fiorina/ [cnn.com]