Principles: Life and Work by Ray Dalio

Author:Ray Dalio [Dalio, Ray]
Language: eng
Format: epub
Published: 0101-01-01T00:00:00+00:00

TO GET THE PEOPLE RIGHT...

37) RECOGNIZE THE MOST IMPORTANT DECISIONS YOU MAKE ARE WHO YOU CHOOSE TO BE YOUR RESPONSIBLE PARTY

So...

... 38) Remember that almost everything good comes from having great people operating in a great culture. I cannot emphasize strongly enough how important the selection, training, testing, evaluation, and sorting out of people is. If you put the goals and the tasks in the hands of people who can do them well, and if you make crystal clear that they are personally responsible for achieving the goals and doing the tasks, they should produce excellent results. This section is about the people part of the feedback loop process, diagramed below.

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