The Dilbert Principle – So how do they get Hired?

Photo by Fernando de Sousa on Flickr

Photo by Fernando de Sousa on Flickr

To my mind, the Dilbert Principle, if taken to its logical conclusion, suggests that all you have to do to succeed in life, is to be a duffer. Duffers get promoted, those with talent get left behind. Duffers get paid more, experts paid less.

And of course, I’ve seen this happen, both in my own experience and from those of others. Continue reading

When did you last bring a Wall Street Firm to Trial? Senator Elizabeth Warren questions Regulators

We saw in a previous post how Senator Elizabeth Warren asked this question and the answer was not satisfactory, to out it mildly. This is a short video extract.

When will the Bankers go to Jail?

Harry Houdini by  Snapshots of The Past on Flickr

Harry Houdini by Snapshots of The Past on Flickr

Well, at least someone higher up is asking the question. Elizabeth Warren, newly elected Senator for Massachusetts – the same Senate seat once graced by the late Teddy Kennedy – has asked top regulators, when was the last time they took a Wall Street bank to trial.

And the answer is not really hopeful. Continue reading

Peter and Dilbert – the Triumph of Incompetence

St Stupid's Day Parade by Scott Beale on Flickr

St Stupid’s Day Parade by Scott Beale on Flickr

I mentioned the Peter Principle in a previous post, being the idea that in any organisation, people rise to the level of their own incompetence.

This got me thinking a bit and so I actually looked up the phrase in Wikipedia

Continue reading

Silicon Valley comes to Newcastle

Newcastle upon Tyne

Newcastle upon Tyne by Neil Thompson on Flickr

Not quite. But this piece from the BBC “Newcastle startup scene reaches ‘critical mass’” is quite edifying.

Apparently,  “Newcastle has quietly built a reputation among entrepreneurs as the place to launch their businesses.” A far cry from seacoal  and other such stuff that made the city what it was when Britain was the wealthiest nation in the world.

A city once dominated by heavy industry offers not just an alternative, but for a growing number it is the preferred location over an over-crowded capital.

Which is also quite heartening. We are so fixated on London and the South East that we forget that there are other bits of Britain somewhere around the map.

The report mentions a £1m accelerator programme, Ignite 100 – haven’t a clue what that means, but here is the website for anyone interested:

Ignite 100