The Peter principle actually states that in a meritocratic organization people will rise as long as they're competent, then stagnate once they reach the limit o

The Peter principle actually states that in a meritocratic organization people will rise as long as they're competent, then stagnate once they reach the limit of their competence. Edit: The one you're thinking of is rather the Dilbert principle [http://en.wikipedia.org/wiki/Dilbert_principle http://en.wikipedia.org/wiki/Dilbert_principle].