It takes a great amount of development and skills for a person to manage and lead a team effectively. Although it requires a concerted effort and time to become a good leader, there are several changes that you can do to your style that can spell out the difference. Here are some of these leadership style changes that you could use.
Support, Don’t Lead
Facebook leaders used a fascinating strategy that has greatly improved their leadership style. The leaders made a crucial shift of mentality of supporting instead of leading their teams. This word shift from lead to support totally altered how employees look at the leaders’ role in the organization. This also improved how the leaders communicate and interact with their teams.
Encourage Critical Feedback
According to studies, 85 percent of employees keep critical feedback from their employers. Most often, if employees feel that their feedback could get them in trouble they hesitate to do it. Lack of transparent and open communication will limit room for growth and improvement, innovation, collaboration, and employee engagement. Google conducted research which yielded that leaders should provide psychological safety to their team. In other words, leaders should function in a way that subordinates feel safe whenever they approach you with suggestions, challenges, problems, and improvements in the business. The research further revealed two ways to develop psychological safety. One way is by recognizing and appreciating escalation when it happens. The other way is by ensuring that everyone gets the opportunity to air their sentiments, speak, or be heard during meetings.
Every Person’s Opinion Matters
As a leader supporting instead of leading and by providing psychological safety, the most important change is by giving value to everybody’s opinion. Make a list of your employees attending the meeting. Engage with them and ask everyone about their opinion. The quiet ones often have something to say but are most often intimidated or afraid to share their opinions. By doing this, you not only see others’ perspective on the matter at hand, but you are also empowering each of them to bring creative and helpful ideas on the table.
About James River Capital
James River Capital Corporation or simply James River was established in 1986 as KP Futures Management Corp. It served as the investment department of Kidder, Peabody & Co., Inc. In 1995, James River Capital attained its autonomy when Kevin Brandt and Paul Saunders acquired the business from Kidder, Peabody & Co., Inc. during the time when Kidder was acquired by Paine Webber.
Today James River Capital is registered with the SEC as an Investment advisor. It is also registered in the CFTC as a Commodity Pool Operator and Commodity Trading Advisor. it offers investment management, commodity trading, advisory, and several other related services. Learn more: https://www.linkedin.com/company/james-river-capital-corp