![]() ![]() As a hedge fund, many people found this to be a bit odd, as this would literally create evidence for the SEC if something were to go wrong. Perhaps my favorite example of his atypical view of transparency was when he decided to record all meetings. Most companies barely give feedback on a quarterly or even yearly basis, but Ray made it part of the culture to offer feedback multiple times PER DAY. He installed various processes such as the “Dot Collector,” which was a way of giving public, anonymous feedback on your peers in real-time. At Bridgewater though, Ray was all about transparency. Transparency is a word that often gets thrown around without much action. ![]() Here are five of the biggest takeaways from the book from my perspective!ġ) Radical transparency is vital to an organization’s success Ray has become one of the richest humans in the world, and his management style is a bit unorthodox to say the least. ![]() The book is highly worth the read for anyone who is in a management position, or looking to be in one in the future. ![]() Ray Dalio, the founder of Bridgewater Associates, which is one of the largest hedge funds in the world, came out with an amazing book called Life & Work: Principles, where he goes through the management systems that he has used for decades. By Tom Murray | Managing Director, Agency ![]()
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