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"[T]he classic Peter Principle says that 'people get promoted to the level of their incompetence.' But it seems that a fair number of top executives in software have risen much, much higher. How come?

One of the reasons this happens is that high tech and software companies have no institutional memory. And one of the reasons for this problem is that the industry actually operates on the "Logan's Run principle: Anyone approaching 40 in high-tech is expected to wear spooky robes and ride the Carousel of Doom on their 40th birthday. Usually they’re blown off the carousel into jobs at Radio Shack or manning the chalupa station at Taco Bell. And all their accumulated knowledge goes with them.

Then, of course, the next batch of young exciting newbies proceed to make exactly the same mistakes as their predecessors, because there’s no one to tell them better and because they spent most of their youth playing video games. And so it goes.

Further Discusion