Management principles manifesto https://www.principles.com/#Principles
How the economy works cartoon video https://www.youtube.com/watch?v=PHe0bXAIuk0
Management principles manifesto https://www.principles.com/#Principles
How the economy works cartoon video https://www.youtube.com/watch?v=PHe0bXAIuk0
authentic (foolish) straight shooters would have no problem yelling in the upwards direction too
Funny how these things tend to work out in Corporate America.
They are like that everywhere.
People who are willing to screw over other people without remorse go far in our world.
Mastering the Machine
How Ray Dalio built the world's richest and strangest hedge fund.
http://www.newyorker.com/magazine/2011/07/25/mastering-the-m...
This hour-long interview at a members-only event at the Council on Foreign Relations is also worth watching to get the distinct flavor of the man:
http://www.cfr.org/world/ceo-speaker-series-conversation-ray...
Radical transparency, data-driven decisions for both people and company strategy, etc. are all ideals that I think in the long-run would remove biases across a number of different axes, and develop some of the most self-aware talent in the industry.
Qualitative example: a friend of mine who works there came in with the hypothesis that she would be at a disadvantage on a number of different scales due to being a female in a male-dominated industry. However, because Bridgewater is very open about quantitative evaluations, and video-taping any/all meetings (!!), she is able to validate any/all feedback and claims that people have, and make sure that she's also earning what she deserves.
It's an exciting experiment and I'm disappointed to see some turmoil lately, but hopefully they can right the ship again soon.
I'm skeptical about BA's rosy portrayal of "radical transparency," let alone RT as an ideal.
According to employee accounts, BA has plenty of skeletons and dirty laundry [0] These accounts talk to top secret areas, HR blow back, secret society themes, and selective use of "private" recordings to fit narratives. A good example's the recorded video of Dalio arguing with a female exec who resorts to crying, which would be selectively shown to demo BA's "direct confrontational culture" to new recruits. They stopped showing the surveillance--err, video.
[0] https://www.nytimes.com/2016/07/27/business/dealbook/bridgew...