Although Paul Mampilly a successful investor and a financial executive, he actually started off with very little privileges. Paul was born in India and he spent years living in a tiny village with his family while they struggled in the economy. Because of this, Paul has never taken anything he has achieved for granted and his success desire has always been growing. While he was still young, Paul showed not only a desire to learn, but he was particularly good with numbers and finances.
When Paul Mampilly completed his higher education at a university, he traveled for many years around the world to work for different organizations in an attempt to build his successful career and life for his family. These days, Paul is not only a financial and investing success, but he is constantly advising others and speaking on the investment industry to create as many successful entrepreneurs and investors as he can. In his editor position at Banyan Hill, Paul Mampilly is the writer of the his weekly newsletter, Profits Unlimited, which has become one of the leading publications on the platform with hundreds of thousands of readers every month.
Paul’s success as an investor on Wall Street has earned his business reputation in the US and he has been all over the media in the past several years doing interviews and speaking on the industry. Before Paul Mampilly earned a big reputation, he started out his career working as a portfolio manager for a company known as Bankers Trust. To Paul’s benefit, Bankers Trust was purchased by Deutsche Bank, a much larger and more prominent investment bank. Because of Paul’s position and his excellent track record, he was able to come along and join with Deutsche Bank during the acquisition. This was the first major opportunity for Paul that pushed his career in the right direction.
A lot of skill and development is needed to manage a team effectively in the areas of art and science. Time and focused effort will make you a great leader but a few changes to the approach can make a huge difference. Several companies such as James River Capital have had researchers conduct studies to determine the most effective strategies for leadership and there are three changes that were revealed to improve the style of leadership.
Support, Don’t Lead Your Team
A critical shift in mentality is one of the strategies being implemented in companies when it comes to leadership. The shift from leading to supporting not only changes the way roles are viewed but changes the interactions with the team. Changing a single word can have a large impact.
Studies have shown that critical feedback from employees is withheld by approximately 85 percent of employees. People will not go to their employer with an issue if they believe they will get into trouble by doing so. There is no room for engagement, collaboration or innovation when communication is not transparent and open.
A feeling of safety is important when it comes to focusing on creating by leaders. People should feel safe going to superiors with improvements, challenges and problems. Showing appreciation when concerns and escalation happen is a way to encourage a safe environment. Everyone should have the opportunity to speak when the team meets.
All Opinions Matter
Supporting the team means that you remove obstacles that are holding them back. A list of everyone in attendance at meetings will allow you to check them off as they speak ensuring everyone had a chance to be heard. Attempt to engage the quieter members of the team without being pushy so they feel comfortable sharing. The team at James River Capital is putting this into practice to help grow the company and better serve its clients.
James River Capital
James River Capital is an investment advisory company offering a vast range of services in the financial industry. Founder and CEO Paul Saunders currently holds several positions and has an extensive financial background. Learn more: https://www.linkedin.com/company/james-river-capital-corp/