Being an effective team leader is not an easy task for many people. It is a task that needs skills and effectiveness for you to have a team that works in harmony and achieves the predetermined goals. According to Paul Saunders, the CEO of James River Capital Corp, although becoming a great leader requires exceptional dedication, there are still easier ways through which leaders can ensure that their teams are up to the task delegated to them. These are easy methods that any leader can utilize and make record significant difference. Researchers have done extensive research to find out what the most effective leaders do. What they have realized is that there are some simple strategies that every leader can effect and become improve the leadership style.
Don’t lead, support your team.
To become an effective team leader, you must start by creating a mindset shift. As the leader, see yourself as a person who supports the team and not one who leads. By shifting your mind from the role of leading to supporting, you will have added a critical ingredient to your leadership qualities. As simple as it looks, it can be a great way of making your team successful. You will most likely find better ways of interacting with your team members. Some times, becoming a great leader means doing the simplest things that others care about. When you stop bulldozing members of your team into doing what you want rather than what the whole team stands for, you will be doing your leadership style great injustice. Learn more: https://www.cbinsights.com/investor/james-river-capital
Encourage employees to speak out.
From research involving employees, one thing that comes out clearly is that employees withhold critical feedback from their bosses for fear of aggressive reaction. No worker will come to you as a leader with information if at all they expect you to reprimand them. Unless there is transparency and great communication channels in an organization, leaders will continue struggling since employees fear them. When employees do not fear the leader, there will be free interactions and engagement that will bring more productivity. Leaders need to develop “psychological safety” since it will allow them to gather information from their employees who could be much informed about the business than the leader. Escalation should be encouraged since it gives leaders to learn what the team thinks about the tasks they’re handling.
Paul Saunders is the CEO of James River Capital Corp., an independent investment firm based in the United States. He has been in the finance industry for the past three decades and therefore understands a lot about this issue. Saunders holds an MBA from the University of Chicago and B.A from the University of Virginia.