Scholars have argued out that there is not one-best-fits all leadership style; every environment may call for a leadership style that may not work in another context. Leadership ideally is an art of creativity. It’s how best the overseeing person sets precedence, exercise control without coercion but instead through influence and motivation, effective management of resources and generally providing guidance. James River Capital has established that there are three integral elements that any leadership style should be defined by:
A leader should aim at supporting their team perform and not just leading them. Scholarsound out that when a leader helps the team, corporate business changes positively. It shifts their views about their work encourages them and feel valued. It is these small changes in leadership that yield significant changes in the end.
Workers similarly need to get continual motivation from their leaders. Encouraging them isone practical strategy to redirect their energies, expertise, and skills positively. The immediate psychological effect naturally is to feel safe. This safety then begets creativity, innovation, and contentment. Employees thrive best in such an environment. Besides, with encouragement, the leader gets to the level of their team members, they relate better, and communication lines open between them. The management is then able to gain valuable feedback and eventually work on both strengths and weaknesses.
Leaders more than supporting and encouraging the team should, value all opinions and voices from their side. Every member has some unique insights based on their expertise and valuing their advice will help them give selfless input towards the growth of the business, corporate or institution. For leadership to be useful according to James River Capital, capture the opinion and views of all employees from the very loud to the silent ones in the team.
About James River Capital
James River Capital Corp is an investment firm founded in 1986 under Kidder, Peabody &Co. then. At the time, it was incorporated as KP Futures Management Corp but later rebranded. It was founded by Paul Saunder and Kevin Brandt who are both passionate about leadership that births a positive work environment.
It is SEC registration to operate as a Commodity Pool Operator and Commodity Trading Advisor. James River Capital has established itself, as a reputable manager and financial advisor to other businesses and corporates. They have helped distressed businesses restructure, get finances, and effectively manage their resources. Learn more: https://www.cbinsights.com/investor/james-river-capital