Much of my life, I have seen myself as an enthusiastic ideaman. I have more ideas per day than most people, I take the time to write a fair share of them down, I outline them into more than a fleeting thought, and I test them on friends and family all the time. Unfortunately, I have found that people rarely tell me one of my ideas stinks… even though I’m certain that some of them do. In most situations, true transparency is rare. In companies, where paychecks and promotions are on the line, transparency is exceedingly rare.
But what if your company could be transformed into an idea-meritocracy, instead of the all-too-typical top-down hierarchy? What if a company made decisions by truly collaborating, listening, and debating the ideas and perspectives of all, not just the few with formal power or excellent networking influence? What if people really communicated what they believed, what they thought, and voted on who they felt was more credible and believable?
It turns out that there is such a place — and it happens to be one of the most successful hedge funds over the last four decades. Please consider Ray Dalio’s overview of life at Bridgewater… how would these concepts change the destiny of your company, if they were implemented?
I find it fascinating. Technology is making the impossible, possible, when you have a visionary at the helm.