James River Capital is a privately owned company that is located in Richmond, Virginia. They were founded in 1986. It was in 1995 when Paul Saunders and Kevin Brant joined the company as CEO and President of the company. They helped to make the company independent. James River Capital provides investment advisory services, commodity trading, investment trading, and other related services.
In a recently posted article, they explained the best ways to improve your leadership skills within your company. They give their best three known ways to improve your skills as a leader. They encourage supporting your team, encouraging and welcoming, and making everyone’s opinion matter.
As a team leader, the most common thing people would do is to “lead” their team. James River encourages that instead, you should support your team. By shifting the word from “lead” to “support”, you will change how you approach and interact with your team. They state that even the smallest changes can make the biggest impact.
The second strategy was to encourage and welcome escalation. They state that most employees will withhold critical information just to avoid getting the blame or getting in trouble. By encouraging possible problems, you allow innovation, communication, and phycological safety. This will lead to overcoming possible problems before they arise. When there is an escalation in a situation it is good to show your appreciation to the person who brought it to your attention. Learn more: http://jrccblog.net/
Lastly, they state that in team meeting you should be sure that everyone’s opinion matters. One of the strategies is that you write down the names of people in your meeting and place a check mark next to their name when they speak. Then, make sure they each get a chance to state their opinion or information. Also to encourage quiet employees to voice their opinion. This will make your employees feel valued and wanted.
All in all, to make better leaders they encourage three main strategies. Support instead of lead, encourage escalation and appreciate when matters arise, and to value every employee’s opinion and voice. By following or adapting these strategies you should be able to increase and change your leadership skills for the best.