Ray Dalio, the billionaire founder of Bridgewater Associates, seems to have mellowed in recent years. Bridgewater, of course, still commands respect on Wall Street, and not a small amount of fear. The world’s largest hedge fund is perhaps best known for its fiercely competitive and “radically transparent” office culture, in which employees are encouraged to challenge one another in what Dalio has called “an extreme meritocracy of ideas.” Nearly every meeting and interaction in Bridgewater’s secluded Westport, Connecticut campus is recorded, and employees use a special tool to provide real-time assessments of each other’s ideas.
Dalio, doing little to dispel the company’s cult-like reputation, has even published a management manifesto, Principals, which is given to all personnel and studied with Biblical zeal. (Among its more memorable aphorisms: “Don’t pick your battles. Fight them all,” “Treat your life like a game,” and “pain + reflection =…
Read More…
Source : fastcompany.com
Source link
