The promotion curse
Alan Benson, Danielle Li and Kelly Shue found that companies have a strong tendency to promote the best sales people.
Alan Benson, Danielle Li and Kelly Shue found that companies have a strong tendency to promote the best sales people.
Economists Mitchell Hoffman, Lisa Kahn and Danielle Li looked at how 15 firms used a job-testing technology that tested applicants...
Human-resources managers who go against the results of employment tests and rely on their own judgment tend to get worse employees.
...[Danielle Li and] the scholars find that firms pick their managers based simply on sales performance.
The data show that the best salespeople were more likely to a) be promoted and b) perform poorly as managers. The Peter Principle is real.
"US President Joe Biden's plan to overhaul America's outdated and self-defeating corporate-tax structure is as bold as it is necessary."
Americans have seen disappointing levels of economic growth..innovations on the horizon provide great reason to be optimistic.
“It's clearly desirable for people to have their office as close to their house as possible...as long as it's not in their house.”
“...the reality sets in - when the employer campaigns so hard that you think you're putting your job at risk.”
“Technology is simultaneously replacing existing work and creating new work...That has always happened through the history of technology."