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Who You Choose as Your Responsible Parties

7.1 Recognize that the most important decision for you to make is who you choose as your responsible parties.

If you put your goals in the hands of RPs who can execute those goals well, and if you make it clear to them that they are personally responsible for achieving those goals and doing the tasks, they should produce excellent results.

The same goes for yourself. If your designer/manager-you doesn’t have a good reason to be confident that your worker-you is up to a given task, it would be crazy to let yourself do the task without seeking the supervision of believable parties. You know that there are a lot of incompetent people in the world trying to do things they’re not good at, so the chances are good that you are one of them. That’s just a reality and it’s okay for you to accept it and deal with it in a way that produces good outcomes.

a. Understand that the most important RPs are those responsible for the goals, outcomes, and machines at the highest levels.

Give me someone who can be responsible for an entire area—someone who can design, hire, and sort to achieve the goal—and I can be comfortable things will go well. These are the most important people to choose and manage well. Senior managers must be capable of higher-level thinking, and understand the difference between goals and tasks—otherwise you will have to do their jobs for them. The ability to see and value goals is largely innate, though it improves with experience. It can be tested for, though no tests are perfect.

* Source: Principles by Ray Dalio

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