Remember that for every case you deal with, your approach should have two purposes: 1) to move you closer to your goal, and 2) to train and test your machine (i.e., your people and your design).

//Remember that for every case you deal with, your approach should have two purposes: 1) to move you closer to your goal, and 2) to train and test your machine (i.e., your people and your design).

Remember that for every case you deal with, your approach should have two purposes: 1) to move you closer to your goal, and 2) to train and test your machine (i.e., your people and your design).

1. Everything is a case study.
2. When a problem occurs, conduct the discussion at two levels: 1) the machine level (why that outcome was produced) and 2) the case-at-hand level (what to do about it).
3. When making rules, explain the principles behind them.
4. Your policies should be natural extensions of your principles.
5. While good principles and policies almost always provide good guidance, remember that there are exceptions to every rule.

Source:
Ray Dalio’s Book Principles

2018-09-25T05:45:24+00:00

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