Category: Problem-solving for business

The Issue Log: Why It Can Benefit Your Company

I have spent the last year and a half implementing some of the ideas that Ray Dalio describes in his book, Principles: Life and Work (public library). The book holds great concepts and theories that apply to any company. I recommend spacing out the content and new implementations so that you can ensure that what you’ve rolled out in the past has been fully integrated before moving on to a new idea

One of the concepts that has had a significant impact on our company is the issue log. Dalio implemented it as a management tool in his company, Bridgewater Associates.

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How to Make Sense of This Crazy World

I used to think that I could build a perfectly structured company in which everything would be neat and tidy. I tirelessly designed and organized the company to ensure the structure would be failproof. Little by little, that idea was slowly torn apart as I discovered how little is actually in my control. The world and life itself can change in an instant. An organization will be put under stress and sometimes experience failures no matter how organized it is.

At times the changes may come slowly and are easier to adapt to. Other times, a circumstance may be a game changer and can present itself unexpectedly, to which we have no choice but to adapt. Given that this is how the world operates, how can we succeed in the middle of all this uncertainty? How do we operate effectively in a world that sometimes makes no sense? I don’t have all the answers, but I do have some strategies I’ve been experimenting with for some time.

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