James River Capital corp was founded in the year 1986 and was known as KP management corp then. It served as the alternative investment department of Kidder, Peabody & Co. the company is located in Richmond Virginia. In the year 1995 James river became an independent company after Paul Saunders and Kevin Brandt, the senior officers acquired the company from Kidder.
Leadership is considered to be an art and science. To be a leader one requires excellent skills and knowledge to develop and manage a team. In as much as being a leader requires a lot of time and full concentration there some approaches that can be used and make a big difference. From detailed research, some factors have been discovered to improve leadership skills. The changes include the following:
Be the support system in the team.
In Facebook, the leaders do not lead the members of their team. They instead act as the support system of their team. This enables them to change their perception and also the team members feel appreciated. By serving as the support system, it helps to learn that being a leader is not about giving instruction it is more of bringing people together and helping them when they are not sure of the tasks that have been assigned to them.
Be the encourager and entertain escalation
Research shows that most of the employees withhold critical responses from their bosses. In most cases, the workers do not feel confident enough to tell their employees when they think things are not going in the right way because they are afraid that they might lose their jobs. When leaders don’t give a chance for members to share their opinions, it offers a minimal opportunity for innovation, invention and building relationships with employees. From some research, it was discovered that psychological safety is paramount. Psychological safety generally entails having space where whenever people want to talk to you about some challenges or improvements they think are right they are assured of safety. As a leader, you can create psychological safety by talking during team meetings and showing appreciation whenever a suggestion is made.
Appreciate every suggestion.
As a leader, your primary role is to support your team members. This means that you should encourage your members to show their best without holding back. In every group, some people still hold back and to make amendments try and know the people who often talk and begin creating time where you engage with the quieter partners. Don’t push them around approach them in a way that will not make them uncomfortable but always ensure that all the opinions and suggestions given are considered valuable. Learn more: https://www.bloomberg.com/profiles/companies/1266783D:US-james-river-capital-corp