Paul Saunders Gives Great Advice for Leaders

James River Corporation was originally found as an alternate investment department of Kidder, Peabody, and Co., Inc. but became an independent investment firm in 1995. The acquirement happened thanks to the help of Kevin Brandt and Paul Saunders, who were two senior officers in the division. They are registered as an investment advisor by the SEC, a Commodity Trading Advisor and Pool Operator by the CFTC. As of July 1, 2018, the company had over $750 million in investments.

Paul Saunders serves as the Chief Executive Officer and Chairman since their acquisition in 1995. He started out in banking but found that alternative investments allowed people to become successful through what they did, not through a hierarchy. In addition to owning a successful company, Saunders and his wife donate both time and money to charities they care about very much, including their non-profit organization that helps different companies out and giving donations to his alma mater, the University of Virginia.

Another way he helps society out is by helping others achieve their dreams through writing about what he has learned on their company blog. Recently, he wrote about three ways to improve your leadership abilities. In this article, he notes that being a leader is both an art and a science.

While learning about leadership should be a life-long journey, there are three things he has found that will help guide your team correctly early on. One way is to support the team and not “lead” them. This is more of a mental shift that will bring drastic results. Think of yourself as the guide and not the dictator.

Another mental shift that is typically hard on everyone is to welcome escalation. Not drag out fights but letting subordinates come to you if they have a problem. eighty-five percent of people will not say anything to their bosses to avoid conflict. Often times this conflict can be avoided or the situation made better if the employee felt they could talk to their boss. This also prevents collaboration and innovation within the organization.

Another way you can encourage this behavior is by show appreciation when an employee does come to you with issues and allowing everyone to speak at group meetings. Make a list of everyone attending and checkmark beside those who talk. For the quieter ones after a few meeting encourage them to speak up. Learn more: http://jrccblog.net/

 

Nina

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