"In a hierarchy, every employee tends to rise to his level of incompetence."
- from the The Peter Principle
(L. J. Peter, 1969)
NCUA's capital markets specialists definitely rose to a new level with the 2014 RBC rule - and "robustly" so!!!
Think they can take us higher
in 2015 ???
(Can hardly wait, can you?)
(L. J. Peter, 1969)
NCUA's capital markets specialists definitely rose to a new level with the 2014 RBC rule - and "robustly" so!!!
Think they can take us higher
in 2015 ???
 |
| The new and improved RBC!!!! risk metrics remains..." |
(Can hardly wait, can you?)
2 comments:
NCUA would make an excellent study case relating to the Peter Principle as it appears that the percentage of the work force that has surpassed their level of competence is robust.
NCUA proves Peter's Principle incorrect. The employees at NCUA have far exceeded their level of incompetence!
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