Ray Dalio RD Ray Dalio talks about building an idea meritocracy at his investment company. It defined an environment where the best ideas win. An idea meritocracy is clearly distinct from a democracy or an autocracy.
Dalio finds the best people to disagree with him and stress test his thinking. Dalio believes it is a tragedy for people to hold a false opinion without putting it out there for stress testing. He makes an effort to understand the views of his team, instead of thinking he is always right. The environment requires radical candor and transparency . He has implemented a technology to support called dot collector which records peoples arguments and views during a discussion.