James River Capital Explains 3 Simple Changes That Can Improve One’s Leadership Style

James River Capital, a Virginia-based investment firm, shared on their blog a post listing 3 simple tips that can help leaders improve their approach when it comes to their leadership style. In order to lead and to manage the team effectively, the leader needs to posses great skill and it takes development to be able to pull it off. While it takes time to develop certain skills in order to become a great leader, there are simple changes that can make a big difference. Researchers conducted extensive studies trying to figure out what the most effective leadership strategies look like. Based on their studies, they outlined 3 simple changes that can help improve one’s leadership style. The 3 tips are supporting your team instead of leading it, encouraging as well as welcoming escalation, and the fact that everyone’s opinion matters. Learn more: https://www.cbinsights.com/investor/james-river-capital

 

One strategy that gets employed by the leaders at Facebook is supporting the team and not leading them. The simple one-word shift from “lead” to “support” can alter the way the leader sees their role and change their approach when it comes to interacting with their team. Despite the fact that it is a small change, it can make a critical mentality shift and have a big impact.

 

The second tip is encouraging as well as welcoming escalations. Studies that were conducted recently showed that around 85% of employees tend to withhold critical feedback from their leaders. Generally, if the employees feel like there is a risk of getting in trouble by going to leader with an issue, they would chose not to do it. Not having open and transparent communication will result in little room for collaboration, innovation, and engagement between leader and workers. Google discovered through their research the concept titled “psychological safety”, which is something leaders should focus on creating. The leader should ensure that people feel safe coming to them with problems, improvements, and/or challenges. In order to create psychological safety the leader should welcome and encourage escalation (and showing appreciation when it occurs), and make sure that during team meetings everyone gets to speak.

 

Following the idea that everyone should get the chance to speak in a team meeting, the leader should try to remove any obstacle, such as the obstacle of team members holding themselves back. During meetings, the leader should take notice when same people get to talk consistently, and to try to engage the members who tend to be quieter and ask for their input.

 

About James River Capital

 

The investment firm was founded in 1986 under the name KP Futures Management Corp, and was initially the alternative investment department of Kidder, Peabody & Co. James River became independent in 1995 when Paul Saunders and Kevin Brandt, the 2 senior officers of the department, purchased the business.
Follow James River Capital on LinkedIn

Stop! Want To Learn Winning Forex CFD Tips? Read This AvaTrade Review Now!

One isn’t short of options when choosing a Forex/CFD trading platform today. One that has been getting positive reviews is AvaTrade. Its offering is quintessentially compelling and irresistible. AvaTrade offers variable trade exchange options, which includes Limited, Stop Loss, Trailing/Entry Stops, Market Orders and more. First off, its website boasts an impressively responsive design, which makes navigation smart and snappy. It’s developed in multiple languages, including Japanese, English, Russian, French, Taiwanese, Spanish, Arabic, Italian, Portuguese, Chinese, and German. This global Forex/CFD connoisseur emerged in 2006.

It’s now ranked among the biggest names in the industry. It’s a CBI (Central Bank of Ireland)-regulated broker operating in Milan, Tokyo, New York, Sydney, and Dublin. AvaTrade also complies with the trading policies of the FSC (Financial Services Commission) in the BVI (British Virgin Islands) and Japan. Similarly, it’s in compliance with ASIC (Australian Securities and Investments Commission) and received its license from the European Union’s MiFID.

AvaTrade was among the earliest set of Forex brokers that introduced CFD, and later adopted digital currencies (Bitcoin). It also has an exciting CFD roller program that allows traders to conveniently swap an expired contract for another without a penalty. This platform offers rich educational content through live webinars and digital courses geared towards helping traders learn complex strategies.

It has an attractive bonus program, which offers anywhere from $40 to $10,000 depending on the amount deposited. This typically applies to trading deposits of $200 to $50,000. Ireland and UK traders have an opportunity to take advantage of AvaTrade tax-free Spread Betting feature. Both demo and live accounts qualify for this program on the AvaTrade platform called MT4 (MetaTrader 4).

AvaTrade creators envisioned an interactive customer-orientated Forex trading platform. When Clal Finance, Negev Nosatzki, and Emanuel Kronitz launched AvaTrade in 2006, it operated under the trade name Ava FX. As it expanded its product portfolio to include a wider selection of financial services, for example, bonds, stocks, and indices. Its key investors agreed to a rebranding of the company to AvaTrade in 2013. By then, it already had over 200,000 active members across 160 countries.

Its platform features the ACT (Ava Trader) and MT4 software, where spot trading is an extension of its trade orders. Ava Trader offers a simpler, more dynamic environment for custom orders. Avatrade has also launched into vanilla currency trading through its newly developed Ava Options platform. They officially introduced the program in 2013. It involves complex reinsurance and trade investment strategies.

Zulu Trade and Mirror Trader platforms are also adapted for Avatrade automation. A year later (2014), they launched an educational training hub, namely Hush Trade. Through this channel, they’re enabling members by providing meaningful resources, including educational materials, strategy tips, etc. All of which have been exploited by the industry’s top traders.