Before Zoom or WebEx, Dalio sought to videotape every managerial meeting of his company and built a small team to edit the tapes, focusing on the most important moments, and turn them into case studies for employee training.
This was far from a public shaming of his underlings, when Dalio also gets his own fair share of exposure. The app is installed on every employee’s company iPad. Employees are expected to bring the iPad to every meeting, giving and receiving real-time feedback on each person’s contributions in the form of “dots,” or data points.
So, when Bridgewater needs to make major decisions, opinions from individuals are solicited and weighted based on their dot scores – in other words based on the individual’s merit, not pay grade. Those who have repeatedly proven their grasp of a given topic are given more weight than others.This system helps identify good fit between a person and a role and even “team fit” based on people’s personality dispositions.
The Slack Technologies Inc. logo is seen on a banner outside the New York Stock Exchange during thew company's IPO in New York City on Jun 20, 2019.