Category: Money

How to Be a Better Leader according To James River Capital’s Founder Paul Saunders

Not everyone is cut out to be a leader. Holding this position and effectively directing its duty calls for a proper combination of both business and social skills. More importantly, it calls for open-mindedness and having the desire to keep on learning new skills that enable you to delegate the roles of this position successfully. According to Paul Saunders, there are simple things that business leaders can do to improve their leadership style and in effect increase productivity within the institutions they run. These include:

 

Being part of a team

 

Every leader must learn to be a supporter of the teams they lead as opposed to playing directors. Supporting instead of leading increases effectiveness in that, it enables them to change their approach to interactions with their juniors. Follow James River Capital on LinkedIn

 

Opening up to ideas

 

Paul is also of the opinion that business leaders should encourage vertical communications between senior and junior staff. He particularly emphasizes on this factor because the harder it is for employees to communicate with their bosses, the tougher it will be for them to reach out to them when they have information or ideas that could help the business grow.

He argues that when leaders create a smooth rapport with their subordinates, the easier it is for both parties to bring ideas to life. Ease of communication also makes it possible for employees to reach out when they have problems that might hold down their productivity. Learn more: https://www.levo.com/paul-saunders

 

Encouraging divergent views

 

Apart from offering support and creating a good rapport, another way for leaders should also allow and encourage everyone to air their divergent views regardless of their rank. Allowing everyone to give their input during a meeting or any other function boosts productivity as many ideas are brought together to create something unique. They should also avoid coming off as pushy by trying to force views out of an employee as this might create fear.

 

About James River capital

 

James River capital is an investment firm headquarters in Virginia. The firm was established in 1986 as an alternative investment department for another firm. However, Paul Saunders and Kevin Brandt took over its reigns in 1995 and steered it towards operating independently. Currently, Saunders is the majority shareholder and serves as the chief executive officer, portfolio manager, and chairman while Brandt serves as the president. The firm specializes in investment management, commodity trading, and advisory services.