Jul 11, 2018
People fear the repercussions of speaking their mind; research bears this out. To share their honest assessments with the boss, they need to feel safe that it won't cause distress.
Ray Dalio’s book Principles was a #1 New York Times bestseller and the #1 Amazon business book of the year in 2017. In it he espouses “radical transparency,” which is the idea that everyone should be able to see and criticize everything in the business, including the boss and his or her ideas.
Dalio’s company, Bridgewater, is the world’s most successful hedge fund. They have been practicing and refining radical transparency practices for decades. The book presents a persuasive argument for such transparency.
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