Peter Principle...?


Having been President & COO of a VC-backed software company for the past 11 months, I found myself on the street for the first time in my career. We fought an extremely hard battle, in fact the company survives, albeit with a significantly reduced burn-rate; leaving a core technical team, a controller, sales person and marketing team. The climate called for us to extend cash from January 2002 to June 2002 - to allow the company's revenues to increase and for the financial markets to return to some state of normalcy. I think both of these circumstances will occur and the company will be a huge success!

In logging this experience, self-doubt can come into play. Visions of the Peter Principle (rising to one's level of incompetence) can be heard in the stark halls of high-tech executive re-engineering. My philosophy however is "ONWARD"; limiting the time to look back to the sole purpose of gaining a list of lessons learned, burning those into memory, and moving forward to my next adventure. We are all on individual paths, some staight, some bending; the bottom line is to achieve our own personal form of self-actualization.

None of us really knows what lies beyond the next bend in the river; therefore, use your tough times as fodder for the good times, seek a higher purpose, and "get up off the couch" of misery. Life is much, much too short for anything else!

Success lies in your next step(s)!

The copyright of the article Peter Principle...? in Management/Leadership is owned by Stuart Bourhill. Permission to republish Peter Principle...? in print or online must be granted by the author in writing.

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