9 common-sense rules for getting the most out of meetings by Ray Dalio
In 1974, Ray Dalio founded the hedge fund Bridgewater Associates, and it’s now the world’s largest, managing roughly $160 billion. Besides its financial success, Bridgewater has become known for creating a unique culture of radical truth and radical transparency. Here is Dalio’s advice for how to run meetings that don’t go off the rails.
- Make it clear who is directing the meeting and who it is meant to serve.
- Make clear what type of communication you are going to have in light of the objectives and priorities.
- Lead the discussion by being assertive and open-minded.
- Watch out for “topic slip.”
- Enforce the logic of conversations.
- Be careful not to lose personal responsibility via group decision making.
- Utilize the “two-minute rule” to avoid persistent interruptions.
- Watch out for assertive “fast talkers.”
- Achieve completion in conversations.