The career ladder has a dangerous side
What happens if most of your management team is high-power, but low-respect/status individuals? Um. Nothing good.
The career ladder -- or career development, career arc, job growth, etc. that you want to call it -- is a big deal. Take a look at this visual:

That was the basic first-world life path for much of the time after the Industrial Revolution. Now it looks a bit more like this:
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