James River Capital is a company that was born within another company that quickly took a life of its own. It was simply an alternative investment company in the Kidder brand which was created in 1986. By 1995, two individuals has gained enough status to finally break the company off into its own entity. They were named Paul Saunders and Kevin Brandt. Soon after, James River Capital was registered with the CFTC and gained recognition in the industry. The company presently has over $570 million under its care. In a recent blog article, they provide a series of tips to aspiring leaders in the industry.
The qualities to a good leader can vary greatly person to person. In some aspects there are fundamental characteristics, but it can simply be a matter of personal character. A simple place for an aspiring leader to start is supporting the team. They aren’t just overlooking the workflow, but rather being a part of the greater process. It reinforces the bond among the team members, and increases efficiency of completing assignments. The team is collective group of individuals at its core.
A common issue that arises in the workplace is a lack of confidence in employees talking to the boss. A good leader is someone who respects what the team thinks about them, even if they hold negative feelings. The holding of emotions can affect an individuals performance, in addition to having ripple effects on others. A good boss is someone who lets everyone openly speak their mind, and provide an opportunity for open discussion regularly. This leads directly into the final tip of encouraging everyone to speak. The quiet members could sitting on that next great idea for the company. The blog encourages the leader to keep a check list of who speaks and how frequently at meetings.
The evolution of James River Capital is proof of the effectiveness of strong leadership. They took a company and separated it from the founding parent corporation. It would have only been possible with the deep trust of the team behind the scenes. The tips provided in this blog are a good starting point for future leaders. There is no one single way to approach the job, as the qualities of an effective are unique to each individual. Learn more: https://twitter.com/jamesriver_cc