Leadership Style Is All About Simple Changes
Every team needs a leader. A leader keeps a team together and works to the best of his ability to approach a goal collectively. A leader is someone who has to possess empathy and intelligence because these two characteristics complement each other, and makes a great leader. Effectively managing a team requires even greater skill.
Take it from Paul Saunders, the founder, chairman and Chief Executive Officer of James River Capital Corp and other affiliated companies. He was the Director of Managed Accounts and Commodity Funds for Kidder, Peabody and Co. Due to his passion and leadership qualities, he became the President of KP Futures Management Corp. in 1986, which was an alternative investment department for Kidder, Peabody and Co. A leader is someone who seizes a potential opportunity and in 1995, the efforts of Paul Sanders and Kevin Brandt acquired the business from for Kidder, Peabody and Co. and James River Capital Corp. became an independent investment firm. Paul Saunders has held his position ever since.
To hold a leadership position for so long, it takes effort and simple methods to lead your team. Many studies have been conducted by companies to figure out the best leadership strategies. According to research, just small and simple changes can help to improve your leadership style. Learn more: https://www.behance.net/jamesrivercc
Give All The Support You Can
The leaders at Facebook believe it’s important to “support” your team instead of “leading” them. Giving orders and waiting for them to be followed is a recipe for disaster. It critical to make this mentality shift, support is what needed by the team and it will automatically change your way of approach to interact. The one-word switch from lead to support will change your perception of yourself as a leader and these small changes can make a great impact.
All Opinions And Ideas Are Important
Team members often hold themselves back, this is where a leader should step in and make sure it doesn’t happen. A good way is to ensure that everyone at team meetings gets a chance to express their opinions and ideas. A great way to bring this into practice is to have a list of names with all the members who are attending. The next step would be to mark those who passionately and consistently participate. It will help you analyze the members who are more quitter and gradually ask for their input. The key is to not to be pushy because you don’t want anyone to feel uncomfortable, the idea is to make all members feel their opinions are equally wanted and valued.
Be Encouraging and Be Open To Growth
Based on the results of recent studies, 85% of the employees tend to withhold important feedback and information from their employees in fear of getting in trouble by coming up with an issue. Employees eventually choose not to do it and this because of the lack of transparent and open communication. This leaves little to no room for collaboration, engagement, and innovation with your employees. A leader should be approachable and accessible for everyone. Google through research has discovered the importance of “psychological safety” which needs to be created by the leaders for their employees. It will guarantee that employees won’t be afraid to come to you with a problem, challenges they might be facing and even improvements they want to suggest. All a leader needs to do to create “psychological safety” is by always having a welcoming and encouraging and appreciative response.