Recognize that if the people who have the power don’t want to operate by principles, the principled way of operating will fail.
Source: Ray Dalio's Book Principles
Remember that if the idea meritocracy comes into conflict with the well-being of the organization, it will inevitably suffer.
1. Declare “martial law” only in rare or extreme circumstances when the principles need to be suspended. 2. Be wary of people who argue for the suspension of the idea meritocracy for the “good of the organization.” Source: Ray Dalio's Book Principles
Once a decision is made, everyone should get behind it even though individuals may still disagree.
1. See things from the higher level. 2. Never allow the idea meritocracy to slip into anarchy. 3. Don’t allow lynch mobs or mob rule. Source: Ray Dalio's Book Principles
Don’t leave important conflicts unresolved.
1. Don’t let the little things divide you when your agreement on the big things should bind you. 2. Don’t get stuck in disagreement—escalate or vote! Source: Ray Dalio's Book Principles
Make sure people don’t confuse the right to complain, give advice, and openly debate with the right to make decisions.
When challenging a decision and/or a decision maker, consider the broader context. Source: Ray Dalio's Book Principles
Remember: Principles can’t be ignored by mutual agreement.
The same standards of behavior apply to everyone. Source: Ray Dalio's Book Principles