Page 365 - Ray Dalio - Principles

whether a person succeeds, and that a healthy organization is
one in which people compete not so much against each other
as against the ways in which their lower-level selves get in the

way. Your goal should be to hire people who understand this,
equip them with the tools and the information they need to
flourish in their jobs, and not micromanage them. If they can’t
do the job after being trained and given time to learn, get rid of
them; if they can, promote them.