A company always has to start somewhere, and for James River Capital that was under the control of its parent company Kidder. It was founded in 1986 with the mission of simply being alternative firm within the greater company. Paul Saunders and Kevin Brandt both rose through the ranks and found themselves in the top of command. It was at this time in 1995 when they bought full control over the company. James River Capital quickly become an accredited company through the CFTC, and now holds millions of dollars in assets for its clients. Learn more: http://jrccblog.net/
In order to inspire the next generation of leaders, James River Capital recently posted a blog post giving a list of advice. The good leaders are ones who not only command respect respect from the employees, but is also an individual who is a valuable member of the team. Research has shown leadership skills are two fold. There are some key components an individual should have, but at the same time, personal unique skills are vital to a good leader. The first place a perspective should start is by building a connection with the team. Don’t the be kind of boss who merely instructs employees, but rather one who activity engages with members and helps cultivate the finished product.
The next step for an effective leader is encouraging members to freely speak their mind. Research has shown numerous times that one of the top issues within a workplace is lack of communication. Employees often don’t speak their mind out of fear of repercussions of their job security. However, allowing each member a chance to speak and respect their voice, can go a long way in building a cohesive unit for your team. James River Capital goes on to describe how keeping a list of who speaks and how often is an effective means to ensuring the quiet members get approached for a chance. A leader needs to have each member feel welcomed in everyone’s presence.
James River Capital is an industry example of how strong leadership brings together a cohesive unit within a company. They would not have been to exist without the deep love each team brings to the table. A leader needs to be prepared for both good and bad times, but never forget to always keep their head high. The employees always need someone to rally around.