BizSugar.com › Startups › The Peter Principle Can Kill Your Business And Career

As a former IBM executive, I used to think that big-company executives would be ideally skilled and experienced in business to run a small company or a startup. Yet that rarely happens, and when it does, like John Sculley moving from Pepsi to Apple, the results don’t turn out so positive. I see this as a variation on the “Peter Principle,” as well as considerably different skills required.