Did you know that your leadership style may be the biggest impediment to your business success? Style, in this case, refers to every aspect of how you run the enterprise. It touches on how you relate with your employees by way of interactions, encouragement, encouraging and welcoming criticism as well as cultivating a sense of belonging for all employees. Paul Saunders, the chief executive Officer and co-founder, closely follows these business reports and here are his top three picks on leadership style changes with the biggest impact on business productivity: Learn more: https://vimeo.com/272365860

 

Be a supporter not a leader

 

According to Paul, there is a thin between leadership and servanthood and every business leader should strive to be a supporter of his team. Instead of the usual delegation associated with most individuals in leadership positions, Paul advice business leaders to consider the more relatable support approach to leadership.

 

He gives an example of the managers at Facebook and how their shift in leadership mentality has played an even bigger role in advancing the company’s mission than their innovativeness. He mentions that managers at the technology company don’t approach their position with a leadership mindset. Rather they strive to sort the efforts of the team entrusted to them.

 

Encourage criticism

 

A business leader should also encourage and welcome criticism. Consider cultivating creativity within the enterprise where every employee is allowed to come up with more innovative approaches to business projects, individually or collectively in a team. More importantly, be approachable.

 

A significant number of employees with revolutionary ideas as well as genuine and cost-saving criticism base never bring them up to the management. They either fear their managers and team leaders or simply aren’t sure how these superiors would react to criticism and this costs businesses both time and resources. Remaining approachable listening to your employee ideas and contributions goes a long way in tearing down the imaginary employee-employer communication barrier.

 

Take everyone’s opinion into account

 

How do you cultivate a sense of belonging within the workplace? By ensuring that every employee is treated equally and fairly. Paul Saunders believes that this should start by ensuring that each of these employees getting an equal chance to contribute to company projects and discussions. Most importantly, take a genuine interest in all these suggestions, criticism, and ideas.

 

About Paul’s James River Capital

 

Kidder, Peabody & Co. Inc. founded James River Capital in 1986 as an investment division within the company. The division would, however, be acquired by two of their employees, Kevin Brandt and Paul Saunders, in 1995. They proceeded to register it as James River Capital Corp, an independent hedge fund. In the years that followed, the two would pool in effort and networks to grow the firm that currently boasts of over $570 Million in assets under management.

 

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