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Re:Ray Dalio Is Stepping Down from Management at Bridgewater by Dave_TRS on Wednesday March 01, 2017 @12:11PM (#13765689)
For those who aren't familiar with Ray Dalio, beyond being founder and CEO of the world's largest hedge fund, he is also known for his dramatic views on transparency in the workplace, and his knack for explaining economic principles in simple terms. These two content pieces he created give a window into his mind:

Management principles manifesto https://www.principles.com/#Principles

How the economy works cartoon video https://www.youtube.com/watch?v=PHe0bXAIuk0

Re:Ray Dalio Is Stepping Down from Management at Bridgewater by hkmurakami on Wednesday March 01, 2017 @12:56PM (#13766288)
I've heard from friends there that the directness often only flows in one direction (managers being direct and aggressive to their subordinates), but YMMV.
Re:Ray Dalio Is Stepping Down from Management at Bridgewater by aleeds on Wednesday March 01, 2017 @01:13PM (#13766511)
The directness flows both ways, however, the aggression is strictly top down. Ray Dalio, etc, yell at people all the time, and are praised for their honesty. This is not something that goes both ways.
Re:Ray Dalio Is Stepping Down from Management at Bridgewater by dingbat on Wednesday March 01, 2017 @02:15PM (#13767174)
thats a great distinction. sounds like an institutionalized version of the individual tendency to excuse poor emotional regulation with "it's just who I am, a straight shooter" b.s.

authentic (foolish) straight shooters would have no problem yelling in the upwards direction too

Re:Ray Dalio Is Stepping Down from Management at Bridgewater by btreesOfSpring on Wednesday March 01, 2017 @06:14PM (#13769577)
"People who are brutally honest generally enjoy the brutality more than the honesty." --Richard Needham
Re:Ray Dalio Is Stepping Down from Management at Bridgewater by dingbat on Wednesday March 01, 2017 @08:32PM (#13770609)
well as long as they are honest about enjoying the brutality i guess they are being consistent!
Re:Ray Dalio Is Stepping Down from Management at Bridgewater by frrp on Thursday March 02, 2017 @03:16AM (#13772516)
Thanks. What is your source? Have you worked there?
Re:Ray Dalio Is Stepping Down from Management at Bridgewater by kafkaesq on Wednesday March 01, 2017 @03:11PM (#13767809)
Yeah, that's the exactly rub, as it were, with most "radical transparency" policies like these.

Funny how these things tend to work out in Corporate America.

Re:Ray Dalio Is Stepping Down from Management at Bridgewater by simplemath on Wednesday March 01, 2017 @06:36PM (#13769773)
>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.

Re:Ray Dalio Is Stepping Down from Management at Bridgewater by TomDavey on Wednesday March 01, 2017 @04:10PM (#13768394)
The New Yorker magazine published a great profile of Dalio in 2012:

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...

Re:Ray Dalio Is Stepping Down from Management at Bridgewater by s3r3nity on Wednesday March 01, 2017 @12:24PM (#13765863)
I've read a few books that mention Ray's management approach (my fav is "Learn or Die" by Ed Hess) and I find the approach to feedback loops & developing employees fascinating.

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.

Re:Ray Dalio Is Stepping Down from Management at Bridgewater by caminante on Wednesday March 01, 2017 @04:56PM (#13768850)
> Radical transparency, data-driven decisions for both people and company strategy, etc. are all ideals that I think ...

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...

Re:Ray Dalio Is Stepping Down from Management at Bridgewater by s3r3nity on Thursday March 02, 2017 @09:55AM (#13774373)
Ah interesting - I had no idea about those skeletons. Thanks for the article!
Re:Ray Dalio Is Stepping Down from Management at Bridgewater by mseebach on Wednesday March 01, 2017 @02:27PM (#13767315)
Is Principles available in a practical (as in, for on the road/commuting reading) format? Kindle, even paperback?
Re:Ray Dalio Is Stepping Down from Management at Bridgewater by grepthisab on Wednesday March 01, 2017 @02:36PM (#13767424)
Absolutely! Even audiobook:

https://principlesbydalio.com/

Re:Ray Dalio Is Stepping Down from Management at Bridgewater by mseebach on Wednesday March 01, 2017 @02:46PM (#13767536)
Uh, nice, thanks. (I should probably have googled that)