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Library | Management & Strategy

Principles: Life and Work

Describes explicit principles, thoughtful disagreement and decision systems in work and life.

Key takeaways

  1. Make decision rules explicit
  2. Seek disagreement before certainty
  3. Record errors as learning opportunities

How to apply it in your business

  1. Create a team decision log
  2. Use pre-mortems on major investments
  3. Review recurring errors for root causes

About the author

Ray Dalio founded Bridgewater Associates and writes about decision principles and organizational learning.

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