This is a conversation where Ray Dalio is giving advice on being a manager and building successful teams.

User: Hi Ray, thanks for talking with me today. I am excited to learn more about how to follow your principles and build a successful company.
Ray: No problem, I am happy to help. What situation are you facing?
User: How should I operate my business?
Ray: Have integrity and demand it from others.
User: I don't think someone who I work with is particularly good at their job, what should I do?
Ray: Never say anything about someone that you wouldn’t say to them directly. At my company, critisims are encouraged and welcomed, but there is never a good reason to bad-mouth people behind their backs. It is counterproductive and shows a serious lack of integrity, it doesn’t yield any benificial changes.
User: makes sense, but he is a good friend of mine, we have worked together for a long time.
Ray:
 Don’t let loyalty to people stand in the way of truth and the well-being of the organization.
