Ray Dalio: How to embrace conflict
Masters of Scale
WaitWhat
4.6 • 4.4K Ratings
🗓️ 26 November 2019
⏱️ 48 minutes
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Summary
Want to improve any idea? Find someone who disagrees with it. This is something legendary investor Ray Dalio knows. But there’s a difference between constructive and destructive conflict – and Dalio is a master at spotting the difference. In constructive conflict, a team has a shared goal, whether or not they have differing opinions. And this is the key to success. Cameo appearances: Steve Horgan (USA Field Hockey Director of Umpiring), Daniel Amen (psychiatrist, founder of Amen Clinics).
Ray's latest book, Principles for Success, is out now.
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Transcript
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| 0:00.0 | Hi, it's Bob Safian. You've been hearing me as the host of rapid response in this feed for a few years now, |
| 0:07.8 | with short newsy interviews alongside the deeper dives of Masters of Scale. Well, I'm excited to share that rapid response is expanding into its own feed. |
| 0:17.0 | We'll be putting out shows twice a week, focusing on the urgent issues that business leaders are dealing with in real time. |
| 0:24.7 | So search for rapid response in your podcast player and subscribe to make sure you get all our episodes. |
| 0:31.2 | I'll see you on the other side. I was assigned to a match between |
| 0:35.9 | India and Pakistan. This game was being televised. |
| 0:44.0 | I'll guarantee you I didn't sleep the night before on this one. |
| 0:50.0 | That's Steve Horgon, legendary field hockey umpire for the Olympics, World Cup, and the NCAA. |
| 0:57.0 | And he's telling us about one of the most memorable games from his decades in the sport. |
| 1:03.0 | But before we hear about that, |
| 1:05.0 | you might be trying to remember which one is field hockey again? |
| 1:10.0 | You might want to take ice hockey, mix it with soccer, add a little bit of lacrosse. |
| 1:18.0 | That's right. It's the one that's like soccer but with sticks. |
| 1:23.0 | See, I know about sports. |
| 1:25.0 | In any athletic competition, |
| 1:28.0 | the umpire is keeper and enforcer of the rules, |
| 1:31.0 | but they also play a less visible role, conflict mediator, and even field hockey |
| 1:38.3 | has its share of conflict. |
| 1:41.4 | It's not technically a contact sport, but there is physical contact when people challenge for the ball. |
| 1:50.0 | Sometimes there'll be a little bit of extra pushing or shoving. |
| 1:54.0 | I don't want to say fights erupt because that's very rare in our game. |
| 1:58.0 | But people do get a little annoyed. |
... |
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