James River Capital is well-known for providing investment advisory, investment management, and commodity trading advisory services among others. The firm also posts informative articles on its official website to helps readers or its clients achieve financial freedom, become more successful and better themselves.
According to one of James River’s recent posts, being an excellent leader requires joint effort and a great deal of time. However, research studies have revealed three effective changes that you can boost your leadership style as follows:
- Support instead of Lead
Facebook managers are known for practicing this technique. Instead of leading their teams, they support them. As a leader, this shift in strategy can change your perspective and how you interact with your employees or even team members.
- Welcome and Encourage Growth
In most cases, employees are afraid of getting into trouble when they feel like approaching their employers with an issue. For this reason, most of them choose to withhold what they wanted to say. This situation limits the possibility of engagement, partnership and innovation with your workers. Luckily, researchers discovered the “psychological safety” concept, which requires leaders to concentrate on creating.
To create this psychological safety, you need to encourage and welcome growth and concerns through expressing your appreciation when it occurs. Furthermore, ensure that all your workers get a chance to talk during team gatherings.
- Everybody’s Opinion is Vital
To ensure that all team members get an opportunity to air out their opinion, you need first to list down all the expected attendees. Then, make sure that you place a tick next to the name of each person who speaks. Doing so not only assists you in identifying the quiet employees but also engaging them so that everyone can be heard.
About James River Capital
Situated in Richmond, Virginia, James River Capital Corp. operates as an SEC-registered investment advisor as well as CFTC-registered commodity trading advisor. The firm was established back in 1986 under the name KP Futures Management Corp., which was Kidder, Peabody & Co., Inc.’s alternative investment department, at the time. In 1995, James River took up the title of an independent investment company after two of KP Futures Management Corp.’s senior officers including Kevin Brandt and Paul Saunders purchased the business from Kidder. This acquisition was concurrent with Paine Webber’s purchase of Kidder.
Currently, Kevin Brandt and Paul Saunders spearhead James River’s operations in the capacity of co-founder/president and CEO/chairman respectively. As of early July 2018, the firm had more than 570 million dollars under management. What’s more, the US-based investment advisory services provider is a recipient of an array of industry accolades such as the HFM Awards 2014-US Hedge Fund Performance Awards, Investors Choice Awards 2015, and InvestHedge Awards 2014.