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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 employ

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.

caminante 10y ago
> 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/bridgewater-associates-hedge-fund-culture-ray-dalio.html https://www.nytimes.com/2016/07/27/business/dealbook/bridgew...
- s3r3nity 10y ago
  Ah interesting - I had no idea about those skeletons. Thanks for the article!

caminante 10y ago

> 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/bridgewater-associates-hedge-fund-culture-ray-dalio.html https://www.nytimes.com/2016/07/27/business/dealbook/bridgew...

s3r3nity 10y ago
Ah interesting - I had no idea about those skeletons. Thanks for the article!