Extensive research has been conducted on behalf of the corporate world in an attempt to determine the most effective leadership methods. This research has uncovered three basic principles that could probably benefit every company with multiple employees. Learn more: http://jrccblog.net/
Supporting Over Leading
The managers at Facebook found that supporting their teams is more important than leading them. This seemingly minor change can drastically affect the way managers interact with their workers. It can also have an impact on the way workers see and conduct themselves.
Encouraging and Welcoming
According to some studies, approximately eight in 10 employees withhold important information from their employers. The workers may feel that they will create trouble for themselves if they try to challenge those above them. However, this lack of communication can thwart the type of collaboration and engagement that is necessary for a business to operate successfully. Such repression can also stifle innovation. The principle of “psychological safety” has been used by Google, ensuring that employees can freely discuss issues and problems with management personnel. The safety will come from the fact that those at the top will accept and respect the comments of workers, preventing the type of conflicts that can arise when information is suppressed.
Opinions Should Matter
In a supporting rather than leading role, it is important for managers to recognize and remove any obstacles that can impede a successful business operation. It is particularly important that everyone is allowed to speak at company or staff meetings. Managers should identify those in attendance and specifically identify those who speak. Workers who fail to speak on their own should be asked for their input. Employees should always feel comfortable and understand that their opinions are valued.
Leading the Field at James River
Although it takes considerable effort to manage a team of workers, some simple changes can make a difference for everyone. This is the philosophy of James River Capital Corp., best known simply as James River. Registered as both an investment and commodity trading adviser and a commodity pool operator, the company was established in 1986 as KP Futures Management Corp., serving as the alternative investment division of Kidder, Peabody & Co. Through the efforts of Paul Saunders and Kevin Brandt, two seniors officers employed in that department, James River became an independent firm in 1995. Based in Richmond, Va., James River today has a management portfolio that is valued at approximately $570 million.