At Bridgewater Associates, the investment firm founded by Ray Dalio, people must say what they honestly think. “As an employee speaks, no matter their job level, everyone else in the meeting grades their performance.” “Those conversations are videotaped and scrutinized to keep a record that everyone can see.”
In 2019 the CBS program 60 Minutes reported that Dalio acknowledges that not every new hire fits in. “He estimates around 30 percent of new hires leave Bridgewater within the first 18 months.”
CBS called the practice “something unheard of in the world of office politics.”