Principles: Life and Work

Principles: Life and Work

Ray Dalio
Business & Economics Language: en
About the book
BUILDING THE BUSINESS While making money was good, having meaningful work and meaningful relationships was far better. Some in the company doubted that systemization could work, especially when the systems didn’t do well, which, like normal decision making, happened every now and then. The company should pay for above-normal work one way or another, and employees should be docked for below-normal work. For example, the owners of a company might have vested interests that they are perfectly entitled to that might be at odds with the vested interests of the people in the company who, based on the idea meritocracy, are most believable.
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