Issue LogĮmployees use this tool for recording mistakes and learning from them. It can also be used to generate job specifications. This tool matches people to jobs by comparing people’s key attributes. An additional tool is “The People Profile” which provides a text-based summary of people. This is a simple way of presenting the strengths and weaknesses of people in an organization. Source: The Dot Collector screenshot from TED.com Baseball Cards Provide constant feedback and evaluate accurately.CONSTANTLY TRAIN, TEST, EVALUATE AND SORT PEOPLE Make hiring the right people systematic and scientificĤ.Support a decision once its made, regardless of individual disagreement.Don’t leave important conflicts unresolved.Don’t confuse the right to complain, give advice, and openly debate with the right to make a decision.Be open-minded and assertive at the same time.Know how to get in sync and how to disagree well.Conflicts are essential for great relationships.“Work Principles” are essentially the “Life Principles” applied to organizations. In Work Principles, Ray Dalio believes that the power of an organization is so much higher than that of the individual. To have confidence in the truth, the existence, or the reliability of something, although without absolute proof that one is right in doing so: Only if one believes in something can one act purposefully. Convert your principles in algorithms and recruit a computer.Weigh decisions according to the believability.Weigh the value of additional information against the cost of not deciding.Make decisions as expected value calculations.Recognize your two barriers (ego and blind spots)ģ.Learn from nature, continue evolving, and be a good person.Be radically open-minded and radically transparent.
Truth is the essential foundation for any good outcome.In fact, he calls himself a professional mistake maker. In Life Principles, Ray Dalio explains how solving a problem gives him a token which he calls a principle that enables him to avoid the same problem in the future. Principles are fundamental truths that serve as the foundations for behavior that gets you what you want out of life.
0 kommentar(er)
