Bridgewater founder Ray Dalio is known for his hedge fund’s unusual experiments in management. They include the famous “Dot Collector” system, in which all Bridgewater employees are tasked with giving one another real-time feedback on an iPad app during meetings and presentations.
An outgrowth of Dalio’s commitment to building a culture of radical transparency, the dot system prompts employees to rate one another, on a scale of 1 to 10, on attributes like how well they listen or display “managerial courage.”
“We do it because it elevates ourselves above our own opinions, so that we start to see things through everybody’s eyes, and we see things collectively,” Dalio explained in a 2017 TED Talk. “Collective decision-making is so much better than individual decision-making if it’s done well.”
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