Thursday, March 23, 2006

Five Terms

I came across these terms quite often in life. Just thought of putting their actual meaning for my readers.

The Stockholm Effect: Wherein a hostage begins to identify with her captors and to adapt their values.

Catch 22 has become a term, describing a general situation in which A must have been preceded by B, and B must have been preceded by A. Symbolically, where either A or B must come into being first. A familiar example of this circumstance occurs in the context of job searching. In moving from school to a career, one may encounter a Catch 22 where one cannot get a job without work experience, but one cannot gain experience without a job.

Peter Pan is a fictional character created by J. M. Barrie, and the name of a stage play, a children's book, and various adaptations of them. The character is a little boy who refuses to grow up, and spends his time having magical adventures. Peter Pan Syndrome: It is generally observed in people who despite their old age employ all means to keep themselves look young.

Murphy’s Law
If anything can go wrong, it will
Corollary: It can

The Peter Principle states that in a hierarchically structured administration, people tend to be promoted up to their "level of incompetence". The principle is based on the observation that in such an organization new employees typically start in the lower ranks, but when they prove to be competent in the task to which they are assigned, they get promoted to a higher rank. This process of climbing up the hierarchical ladder can go on indefinitely, until the employee reaches a position where he or she is no longer competent. At that moment the process typically stops, since the established rules of bureaucracies make that it is very difficult to "demote" someone to a lower rank, even if that person would be much better fitted and more happy in that lower position. The net result is that most of the higher levels of a bureaucracy will be filled by incompetent people, who got there because they were quite good at doing a different (and usually, but not always, easier) task than the one they are expected to do.