Leadership skills are mostly innate but can also be acquired and developed with time. Being a leader is not something that a person can become within a snap of a finger. It takes time and a lot of dedication to effectively lead a team of individuals. However, a change in approach can make a very huge difference. James River Capital Corp, an advisory service investment recommends three changes that can massively improve the leadership skills of a person. Learn more: https://twitter.com/jamesriver_cc
Don’t underestimate the opinion of others
We learn a lot of things from interacting with people. Employees in an organization tend to be different. Others may be outgoing and easily speak their minds during meetings. On the flipside, they are reclusive persons who shy away from expressing their opinion. It is the duty of a good leader to ensure that everyone in a meeting is given a chance to air their opinion on a certain issue. One can achieve this by coming up with a list of everyone in attendance and marking against their names whenever they deliver a speech. This will help them to note the quiet members and coerce them to say something.
Offer support to your team
Being a good leader does not necessarily mean leading your team. It involves other aspects like supporting your team members. Having this in mind can completely change how a leader approaches his or her team members. It can improve interactions, a team member who feels supported is likely to be more productive.
Encourage and promote escalation
Workers are more likely to withhold information that they feel may not augur well with their bosses. Leaders should strive to encourage their subordinates to share important information that is critical in nature. This autonomy can create room for engagement, innovation and collaboration with the employees. Employee will thus feel comfortable bringing to you problems, suggestions and improvements.
James River is a Virginia based company that was founded in 1986. It operated as an alternative investment department of Kidder, Peobody & Co., Inc. Following the acquisition of the business from Kidder by Paul Saunders and Kevin Brandt in 1995, James River shifted to become an independent investment. The company offers commodity trading, advisory, management of investment among other services. James River has over $570 million under management in James River products. The company operates a website that helps the firm in its mission to acquire qualified candidates to be employed.
Being an exceptional leader is widely considered to be a science and art. It necessitates unrivaled skills and commendable development initiatives to exhibit leadership and manage a seasoned team with precision. While it may consume substantial time to master, entrepreneurs are advised to consider making three crucial changes tailored at bringing out the best from their team. Over time, researchers have consistently conducted extensive studies to comprehend the best leadership strategies. From their research, it can be concluded that three essential changes have the unique potential of transforming your leadership style beyond unprecedented results.
Harness Your Efforts in Supporting Your Team as Opposed To Leading Them
Unlike most companies, Facebook has adopted a unique strategy powered by radical mental changes aimed at deriving optimal results. This primarily means that the Facebook management team places more emphasis on supporting the team as opposed to leading them. By transforming from leading to supporting, entrepreneurs and business owners are in a unique position to redefine their approach to management and how they interact with employees. More often than not, the smallest modifications have the potential to generate substantial positive results. Learn more: https://www.levo.com/paul-saunders
Promote Constructive Criticism
According to recent studies, over 85 percent of workers hardly exercise the freedom to identify and discuss crucial feedback or criticism to their employers. In most cases, showing up to the boss is tantamount to owning up to a mistake, which shouldn’t be a bad thing from the beginning. As the employer, it’s critical to create an optimal environment that promotes transparency, communication, engagement and innovation with your staff. Suffice to say, the “psychological safety” is a crucial concept that leaders must harness to promote creativity and innovation.
As a rule, your employees should be free to open up their problems and challenges to you, and in return, you might want to offer lasting solutions to such problems. To enhance the “fork-like” benefits associated with this strategy, it’s imperative to encourage your employees to point out constructive criticism while also giving each employee an opportunity to air their concerns and opinions during meetings.
Valuing Every Employee’s Opinion
Remember, it’s your job to support your team as opposed to leading them. This essentially means breaking down barriers prone to discouraging employees from achieving optimal efficiency. To incorporate this strategy with precision, take note of all attendees before encouraging your staff to speak up on any emerging issues. However, it’s advisable not to be too pushy as it may elicit fear as opposed to confidence.
Paul Saunders in Brief
Paul Saunders currently serves as James River Capital’s newest owner. With the aid of Kevin Brandt, the duo pulled out all the stops to purchase the company previously known as KP Futures Management Corp and transformed it into a leading financial investment advisory enterprise. Today, James River Capital has cultivated a reputation for offering unrivaled investment management, commodity trading and much more. Through his insightful leadership and exceptional acumen, Paul Saunders has definitely played a vital role in propelling the company to greater heights.