BLOG 11 - “How to Build a Company Where the Best Ideas Win”
“How to Build a Company Where the Best Ideas Win” Ray Dalio is the founder, chair and co-chief investment officer of Bridgewater Associates, a global leader in institutional portfolio management and the largest hedge fund in the world. How can we overcome our own personal biases, and how can the best idea win over popularity in an organization? How do you know if your idea or opinion is RIGHT? Do you utilize collective decision making in your business? Do radical truth and radical transparency really help a work environment? In this “Anatomy of a TED Talk,” we are exploring Ray Dalio’s talk, who gets raw and shares his painful mistakes and how he turned them into puzzles to produce gems! Using Masters in Clarity’s proprietary framework for writing an engaging talk, let’s break down Dalio’s talk. Ray Dalio, the founder of the largest hedge fund Bridgewater Associates, makes a case for using radical transparency and algorithmic decision-making to create an idea meritocracy whe...
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