Category Archives: Money

“Paul Saunders of James River Capital Corp talks About Burnout “

We can all agree that work is really stressful. But, when you combine the stress with the toll of one’s personal life, it could result in burnout. And, we all know what burnout can do to our lives. Therefore, it is very important that we pay attention to the warning signs and symptoms of burnout and take action so that we can control its ill effects and still enable motivation to do some alterations so we can get back on the right track. With this, let us underline some of the effective ways that Paul Saunders of James River Capital suggests to handle or overcome the signs and symptoms of burnout.

Symptoms of Burnout and How to Combat Them

Loss of Control

Employees that begin to lose grip in aspects like time management and scheduling unavoidably start to feel hopelessness and helplessness and could run the risk of burnout.it is therefore crucial that employees must exist in an environment that does not have policies and structures that are not flexible. This setting can make them feel imprisoned or trapped. It is important that you inspire employees to take at least 10 to 15 minutes every day to make a summary or to do list of the things that they would like to accomplish for that day in order for them to recover a sense of control for the day.

Lack of Transparency

There are times when employees feel that their efforts go unnoticed especially if they are gunning for a promotion. Also, there are several instances that they feel like they are not getting the truthful issue from the people upstairs. Or, they experience situations where they run the higher potential of experiencing negative feelings.

These instances are trigger points that indicate that your employees are just an inch away from experiencing burnout. According to Paul Saunders of James River Capital Corp, immediate superiors must ensure that there is an open and direct line of communication with their subordinates in terms of talking about decisions and offering rational clarifications.

It is very helpful if you, as a superior, allow them to go to workshops and other resources so employees could prevent themselves from experiencing burnout.

Change in Attitude

When your employees are suffering from high-level stress, their emotions can be hard to control and it is easier to make them upset or mad in just a matter of several moments. It is important to note that burnout is one of the major factors that contribute to the employee’s burnout. This goes with negativity as well as total lack of motivation. It is crucial that you talk to your employees and provide them with the support that they need. You can also suggest that your employees enroll in a new hobby and inspire them to stop doing work, especially after office hours.

Loss of Confidence

It is worth noting that when employees are suffering from burnout, they most likely start doubting themselves as well as the relevance of their work. If in case your employee feels that he is not going to efficiently do his job, they tend to remove himself from the picture and do not actively participate in the available task. To get out of this kind of situation, it is important that you spare some of your time and check with your employees to set for several rational personal targets to help them recover their confidence. You can also set achievable goals to help your employees get back on the right track, suggests Paul Saunders. Learn more: https://www.linkedin.com/company/james-river-capital-corp

 

“Founder of James River Capital, Paul Saunders, on Employee Burnout and How to Address It “

Those working in finance and investment are no strangers to a demanding workload and the inevitable stress that follows, but few have the decades of experience that Paul Saunders has. Founding James River Capital, taking on dual roles as Principal and portfolio manager, Saunders knows what it takes to excel in this line of work, and can identify when it all gets to be too much.

 

For Saunders, burnout isn’t something that manifests out of nowhere. To an observant manager or supervisor, there are clear signs that what’s being expected of an employee is getting to be too much for them to handle. Fortunately, there are steps one can take to address that exhaustion and keep those working under them from crashing and burning.

 

One of the first signs that an employee is getting overwhelmed is feeling that there simply aren’t enough hours in the day. When daily tasks seem to exceed the hours in the workday, and a supervisor takes an inflexible position, that employee’s performance can only decline in quality and output. In this case, Saunders urges managers to start off the workday by setting daily goals that are within reason. This can restore a sense of control to the employee and lead them to be more productive.

 

This will require those in a supervisory position to more open to communication and being more transparent with their staff. Employees who apply for a promotion or expecting a raise may become frustrated when their career isn’t evolving in they expected. When this occurs, Saunders says that it’s the responsibility of the supervisor or manager to let employees know why they aren’t advancing professionally and where their work could use improvement. This will help employees develop a more realistic view of how they factor into the office, and in certain cases improve to meet their personal goals. Learn more: https://www.behance.net/jamesrivercc

 

The objective is to restore confidence to an employee so that they don’t impact the productivity of the whole office, and in some cases to make that office more productive than before. This may not work for every employee. Saunders notes that it may be necessary for supervisors to dedicate one-on-one consultation with certain employees who lack confidence in the work they produce. By setting small tasks for them to meet, leading to equally small victories, employees can claw their way back to contributing meaningfully to collective projects.

 

While Saunders’ advice comes from experience in investment and finance, it’s become endemic in Western culture. He points to mobile devices as a big factor in that. What was once a convenient way to communicate important information to employees away from the office has become a way to keep them on the clock indefinitely. When there is no longer a separation between work and home, Saunders says it’s just a matter of time before burnout sets in, and their coworkers may not be far behind.

 

“James River Capital Helps Battle Burnout “

When employees are burned out at their position, it can have a deep impact on their performance that can quickly spread throughout the office. At James River Capital, their Founder Paul Saunders knows that it can be difficult to maintain a healthy work and personal life balance, especially if there are problems at the office. This is why it is so important to learn to disconnect from work worries during your private time. Is there is nothing that you can do to fix it right now, you shouldn’t be worrying about it while you are at home.

 

Fortunately, while burnout is rather common it is also easy to detect as long as you are looking for it, according to Paul Saunders. This is why he encourages his management team at James River Capital to be on the lookout for any of these signs and encourages teams at other companies to do the same thing. With more than 3 decades of experience in investing, Paul Saunders has dealt with a lot and continues to be going strong to this day. Here are some of the things that the Principal of the investment advisory services farm suggests looking out for within your own company.

 

Confidence Is Key

You may be confident in your company, but are your employees? Even if they are confident with the company as a whole, are they satisfied with their own capabilities? People can become stressed out and lose the confidence that they used to have in their careers. They can feel like they are constantly on the edge of getting in trouble which can impact their ability to do their job correctly. When you worry about doing something right, you tend to make more mistakes which can make their fears a reality. To combat loss of confidence in your company, you can ask your management team to set easy, obtainable goals for their employees in order to recognize their efforts and help them gain their lost confidence back.

 

They Feel There Isn’t Transparency

It’s important to provide open lines of communication for your employees or else they can feel as if they are not being paid attention to by management. When making a decision for the company, ask your team for feedback and be prepared to offer answers to any questions that they may have. When actions are not explained and discussed with your team, they can start to feel as if things are being hidden from them and they are being overlooked for things like raises and promotions. If your team is not sure of what is going on in the company Paul Saunders of James River Capital knows that negative feelings can quickly arise. Learn more: https://www.crunchbase.com/organization/james-river-capital

 

James River Capital: Improving Corporate Productivity

It is the desire of every firm to get the value for money in every factor of production, especially from the workforce. It is, however, one of the most frustrating moments in management to realize that ‘burning out’ is a reality. James River Capital is one of the few companies that are working to reverse this reality and make companies more productive. The CEO of this company, for instance, has been so passionate about this particular issue in the recent past.

 

Paul Saunders points out that the main reason why most employees are no more productive is mainly due to self-doubts. Self-doubt is common among employees in competitive career paths around the world. Saunders acknowledges that self-doubt is a complex human condition and therefore it is impossible to have a working environment free of self-doubt and work insecurity. He, however, points out that companies with the help of professional entities such as James River Capital can restructure. Restructuring, in this case, means that the companies must set reasonable individual goals. According to Paul Saunders, setting reasonable goals is not a way to reduce productivity but a smart move to a less self-doubting workforce.

 

If employees feel that they do not have control of their future within the company, their productivity is farfetched. Paul Saunders, therefore, advises companies to have clear structures on promotions, work expectations, and contracts. These three aspects according to Saunders are the most defining aspects of a successful company. Saunders points out as the part of the James River Capital; he has been active in helping the companies make these factors a reality. When employees have an opinion about their future at the firm, their productivity is not a farfetched reality. For instance, if the employee understands the criteria, the company uses to promote people and reward them; they are more likely to work hard compared to when the company has opaque policies.

 

Paul Saunders also points that emotions and attitudes have a significant effect on the company’s productivity. He points out that although people are emotional, the emotional aspect should never be a hindrance in achieving the company’s goals. He suggests a customized approach to the emotional issues within the company. James River Capital main suggestion is creating support systems within the organization. Support systems make people feel wanted, valued within the firms, and therefore more productive in the long last. The main advantage with creating a support system within the company is that they are a relatively cheaper remedy to unproductivity and they are customizable.

 

Operational issues such as productivity of the workforce, management of different investments and advisory on various topics in the corporate world are some of the problems Paul Saunders is passionate about and therefore the main reason for founding the company. Learn more: https://vimeo.com/272365860

 

James River Capital

James River Capital was established in 1986 and served as alternative investment department of Kidder, Peabody & Co. In 1995 it became an independent investment firm after Paul Saunders, and Kevin Brandt acquired the business from Kidder. James River is licensed as an Investment Advisor with the SCE, Commodity Trading, and Pool Operator with the CFTC. According to statistics James River had over $570 million under management in James River products, as of July 1, 2018.

Recently James River released a blog on three things to do to improve leadership qualities. According to River, a leader is both an art and science as great skills of development are required to lead and effectively manage a team. For one to be a great leader, there are simple changes you can adapt to your leadership approach which can make a big difference. Many companies have conducted extensive studies, and they have discovered three simple changes that can improve leadership skills.

1.Support your team rather than Leading them

A good leader who is dedicated to supporting, and willing to see his squad succeeding should utilize this strategy. It begins with making a critical mentality shift not to lead but instead help your team. Such Small changes sometimes make the most significant impact. Follow James River Capital on LinkedIn

2.Promote and Encourage Close Communication

Fact shows that about 85 percent of employees withhold critical information to their employers. With poor communication, there will be no room for innovation, collaboration, and engagement. Openness and transparent communication are vital for the success of any business. Google through research discovered psychological concept, which ensures there are close links between employees and their bosses. This close link makes people feel safe when presenting to you their problems, challenges, and improvement. Methods of creating psychological safety in your firm are through encouraging and making sure every worker gets a chance to speak during meetings. Learn more: http://jrccblog.net/

  1. Listen and Accept Everyone`s Opinion

During team meetings, it’s essential to recognize and appreciate participating members. An appropriate strategy should be laid down to ensure every member of the conference gets a chance to a speak out their view. This can be achieved through recording members in attendance and also placing checkmarks next to person names when they speak. Following that procedure, you will realize the quitter members and ask them for their input. Following the above will enhance mutual understanding of workers to their boss.