Ray Dalio, China, and W. Edwards Deming

Post on LinkedIn. 

Chinese-American Misunderstandings, Disputes, and Wars By Ray Dalio, June 18, 2018.

I certainly respect Ray Dalio’s success as an investor, hedge fund manager, and author.  In his article, he includes references from a “wise and high-ranking Chinese official” that compares and contrast the cultural, political and economic differences between the U.S. and China.

The best-kept secret in America is that our system was designed to be continuously improved in pursuit of “a more perfect Union.”  What the design has lacked is a method or operating system that we can “individually” and “collectively” apply in taking action that results in outcomes where everyone benefits or at least, are not any worse off in the long-term.  This “operating system” or paradigm, was discovered by Walther Shewhart and further developed by W. Edwards Deming.  How China reacts if and when we start to leverage the capability of this new operating system will be interesting to watch.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s