Ray Dalio on Building a Company Where the Best Ideas Win

What if you knew what your coworkers really thought about you and what they were really like? Ray Dalio makes the business case for using radical transparency and algorithmic decision-making to create an idea meritocracy where people can speak up and say what they really think — even calling out the boss is fair game. Learn more about how these strategies helped Dalio create one of the world’s most successful hedge funds and how you might harness the power of data-driven group decision-making.

This is a fascinating idea! We may not have the technological capabilities to make it work in our setting, but the concept is brilliant and can be applied on most of our teams.

Can’t see the video? Click here to watch it on TED.com.

See the rest of my Thinking Thursday series right here.