full transcript

From the Ted Talk by Ray Dalio: How to build a company where the best ideas win

Unscramble the Blue Letters

So what's the problem with being radically truthful and radically transparent with each other? peolpe say it's emotionally difficult. Critics say it's a formula for a brutal work environment. Neuroscientists tell me it has to do with how are banirs are prewired. There's a part of our brain that would like to know our mistakes and like to look at our wsnaeeekss so we could do better. I'm told that that's the prefrontal cortex. And then there's a part of our brain which views all of this as attacks. I'm told that that's the amygdala. In other wrods, there are two you's inside you: there's an emotional you and there's an iluttnaleecl you, and often they're at odds, and often they work against you. It's been our erecnpixee that we can win this battle. We win it as a group. It takes about 18 months tpllcaiyy to find that most people prefer operating this way, with this ricdaal transparency than to be operating in a more opaque environment. There's not politics, there's not the brutality of — you know, all of that hidden, behind-the-scenes — there's an idea meritocracy where people can speak up. And that's been great. It's given us more effective work, and it's given us more effective rstilaonpiehs. But it's not for everybody. We found something like 25 or 30 percent of the popuoaltin it's just not for. And by the way, when I say radical tsanrpeacrny, I'm not saying transparency about everything. I mean, you don't have to tell somebody that their bald spot is growing or their baby's ugly. So, I'm just talking about —

Open Cloze

So what's the problem with being radically truthful and radically transparent with each other? ______ say it's emotionally difficult. Critics say it's a formula for a brutal work environment. Neuroscientists tell me it has to do with how are ______ are prewired. There's a part of our brain that would like to know our mistakes and like to look at our __________ so we could do better. I'm told that that's the prefrontal cortex. And then there's a part of our brain which views all of this as attacks. I'm told that that's the amygdala. In other _____, there are two you's inside you: there's an emotional you and there's an ____________ you, and often they're at odds, and often they work against you. It's been our __________ that we can win this battle. We win it as a group. It takes about 18 months _________ to find that most people prefer operating this way, with this _______ transparency than to be operating in a more opaque environment. There's not politics, there's not the brutality of — you know, all of that hidden, behind-the-scenes — there's an idea meritocracy where people can speak up. And that's been great. It's given us more effective work, and it's given us more effective _____________. But it's not for everybody. We found something like 25 or 30 percent of the __________ it's just not for. And by the way, when I say radical ____________, I'm not saying transparency about everything. I mean, you don't have to tell somebody that their bald spot is growing or their baby's ugly. So, I'm just talking about —

Solution

  1. intellectual
  2. brains
  3. radical
  4. transparency
  5. weaknesses
  6. population
  7. typically
  8. people
  9. experience
  10. words
  11. relationships

Original Text

So what's the problem with being radically truthful and radically transparent with each other? People say it's emotionally difficult. Critics say it's a formula for a brutal work environment. Neuroscientists tell me it has to do with how are brains are prewired. There's a part of our brain that would like to know our mistakes and like to look at our weaknesses so we could do better. I'm told that that's the prefrontal cortex. And then there's a part of our brain which views all of this as attacks. I'm told that that's the amygdala. In other words, there are two you's inside you: there's an emotional you and there's an intellectual you, and often they're at odds, and often they work against you. It's been our experience that we can win this battle. We win it as a group. It takes about 18 months typically to find that most people prefer operating this way, with this radical transparency than to be operating in a more opaque environment. There's not politics, there's not the brutality of — you know, all of that hidden, behind-the-scenes — there's an idea meritocracy where people can speak up. And that's been great. It's given us more effective work, and it's given us more effective relationships. But it's not for everybody. We found something like 25 or 30 percent of the population it's just not for. And by the way, when I say radical transparency, I'm not saying transparency about everything. I mean, you don't have to tell somebody that their bald spot is growing or their baby's ugly. So, I'm just talking about —

Frequently Occurring Word Combinations

ngrams of length 2

collocation frequency
radical transparency 7
idea meritocracy 5
stock market 3
debt crisis 3
people thought 3
northeast airlines 2
greatest debt 2
great depression 2
absolute certainty 2
stress test 2
radical truthfulness 2

ngrams of length 3

collocation frequency
greatest debt crisis 2

Important Words

  1. amygdala
  2. attacks
  3. bald
  4. battle
  5. brain
  6. brains
  7. brutal
  8. brutality
  9. cortex
  10. critics
  11. difficult
  12. effective
  13. emotional
  14. emotionally
  15. environment
  16. experience
  17. find
  18. formula
  19. great
  20. group
  21. growing
  22. hidden
  23. idea
  24. intellectual
  25. meritocracy
  26. mistakes
  27. months
  28. neuroscientists
  29. odds
  30. opaque
  31. operating
  32. part
  33. people
  34. percent
  35. politics
  36. population
  37. prefer
  38. prefrontal
  39. prewired
  40. problem
  41. radical
  42. radically
  43. relationships
  44. speak
  45. spot
  46. takes
  47. talking
  48. told
  49. transparency
  50. transparent
  51. truthful
  52. typically
  53. ugly
  54. views
  55. weaknesses
  56. win
  57. words
  58. work