How to build a company where the best ideas win

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Ray Dalio’s #Principles is one of few books you’d see through my webcam in the background.

Foundation:
(1) ???? See mistakes as puzzles that would give you gems.
(2) ???? See gems as principles that you can turn into algorithms.
(3)???? Embed these algorithms into your decision making along with your thinking to make better decisions.

Dalio follows the concept of #IdeaMeritocracy. The best idea wins. Not the loudest. Following the question: “How do I know my opinion is right?”

I’m intrigued by this concept.
In our recent era of trust crisis more than ever.

(A) ???? Because it objectifies #truth. As in “there is no such thing as truth”, just intersubjective comprehensibility of opinions.

(B) ???? Because its currency is integrity, or #Believability, as an expression of a person’s merits for the collective.

(C) ???? Because it’s discouraging people from holding up opinions in their mind which are wrong, and act on them.

It’s hard though.

Requires radical truthfulness and radical transparency. That requires a psychologically safe environment.

Anyway, just keeping this question in mind, improves my relationships: “???????????? ???????? ???? ???????????????? ???????? ???????????????????????????? ???????? ?????????????????????”

Check out Ray Dalio’s amazing TED Talk on How to Build a Company Where the Best Ideas Win:

Ray Dalio: How to build a company where the best ideas win

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Frankfurt region, Germany

Mail: steffen.mueller@pathcon.tech

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