Lates News

Ray Dalio, founder of Bridgewater Associates: In an elite-based management system, there will inevitably be more disagreements than in ordinary organizations, but if taken to extremes, endless debates and nitpicking will weaken the effectiveness of this system. At Bridgewater Associates, I have encountered some individuals, especially those with less experience, who wrongly believe that they have the right to argue freely about anything with anyone. I have even seen some people band together to challenge this elite-based system, claiming that their actions are justified by company principles. They misunderstand my principles and the boundaries of behavior within the organization. They must adhere to the rules of the system, which already provide avenues for resolving disagreements, and they must not threaten the stability of the entire system.