Leadership is a special skill that is required for the growth and prosperity of a company. If you dream and hope to become the leader of a business you have to put in work and effort at the same time. Every time a leadership appointment is done, there are several changes that should be taken into consideration so that everything runs in the right direction. James River Capital founder, Paul Saunders has always appreciated the role of leadership for all successful companies in the world. According to him, there are just three simple styles that can bring excellent results in companies that want to become number one in the market. James River Capital leaders have used these styles in the recent years. Things have been tough, but the company has done well.
Encourage and always Welcome Escalation
Paul Saunders and his company have conducted studies so that they can discover the basics in leadership. In all of the studies conducted, James River Capital realized that the biggest number of company employees tend to withhold essential feedback from the people who have been chosen to lead. The way you have chosen to treat your workers will determine how they will be open to you. If some of them start feeling like they will be looking for problems when they speak to you, then it is time to change your leadership style. Communication is an essential part in the company. If this communication is not being taken with the seriousness required, a company will frustrate its employees. There are many innovations that are coming up. For these activities to be carried out smoothly, a company should engage its workers and encourage the most open communication. These individuals must be assured of their safety when speaking to their leaders about anything.
Be the Support of your Team
Facebook is a great communication application that was invented more than a decade ago. The founder of this application, according to Paul Saunders, has a critical mentality that has helped the social media platform to grow. The managers and other officials in the organization have been named support because their main role is to support the projects and other activities taking place in Facebook. A leader should always remember that their main role in a company is to support the workers in anything they need. When using this mentality, James River Capital has noted that most leaders change their mentality and the way they interact with the employees. Pride, however, doesn’t allow most leaders to support their teams. When they have acquired a position above the other, they tend to acquire so much pride, and this, in most cases, affects their interaction with the rest of the employees working in the institution. Learn more: https://gazetteday.com/2018/11/paul-saunders-james-river-capital-talks-burnout/