1. Be self-reflective and make sure your people are self-reflective. 2. Know that nobody can see themselves objectively. 3. Teach and reinforce the merits of mistake-based learning. Source: Ray Dalio's Book Principles
Source: Ray Dalio's Book Principles
1. Fail well. 2. Don’t feel bad about your mistakes or those of others. Love them! Source: Ray Dalio's Book Principles
Get over “blame” and “credit” and get on with “accurate” and “inaccurate.” Source: Ray Dalio's Book Principles
"There's two people, they meet, they each have this vector of actions or beliefs or attitudes, whatever you want to call them. And when the leader and follower meet, they look at the second dimension, let's say the follower says, well you're
"what Axelrod's model gives us, which is really sort of fascinating, is, he makes this assumption that says: We've all got these traits. We look to our neighbors. If they're like us, we tend to interact with them. If they're not like
"Pure coordination games - games in which players have identical preferences over the set of possible outcomes. Focal points, even when they arise as framing effects based on the labelling of options, are intuitively obvious choices, and experimental evidence shows that decision
" The reason we care about culture, and here's a quote from Ken Arrow, who's a Nobel Prize winning economist, is when you think about how the economy works, how political systems work, how society works, it's all mediated through these social
"What do we mean by culture? Well, typically when you think about culture, you mean differences between countries, differences between groups of interacting people. So people from Japan act differently than people from Germany, and people from Germany act and believe and