I think it's important to be cautious here. People have the tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs.
So we need to look at the issue in a rather more elaborate way and look for both its upsides and downsides.
For example Ray Dalio may have not succeeded applying this technique to his own company; Bridgewater. Because for him, creating a culture of radical transparency and truthfulness is so important. I wonder how he would be able to create such a culture and preserve it if the employees were not working in a common building.