business, Finance, Money

James River Capital Corporation, a Force of Innovation

James River Capital Corporation, commonly referred to as James River, is a United States company, which offers investment advisory services to individuals and institutions. James River specializes in investment management and commodity trading, among several other investment services. The company was founded in 1986 and was known as KP Futures Management Corp then. Upon its foundation, James River served as the investment arm of Kidder, Peabody & Company. In 1995, the company became independent. Kevin Brandt and Paul Saunders acquired the enterprise from Kidder, Peabody & Company, and became senior officers in the investment department. Soon afterward, James River was registered with the SEC as an investment advisory firm, and with the CFTC as a Commodity Pool Operator. The company is headquartered in Richmond, Virginia.

Part of the highly motivated, experienced, and knowledgeable team behind the success of James River is its principal and founder, Paul Saunders. Besides founding other affiliates of the company, Paul is the expert responsible for the management of James River’s hedge funds portfolio. He is also the Chief Executive Officer and chairperson of James River Financial Corp. as well as James River Capital. Paul is a seasoned business manager. Since 1979, he worked at the Corporate Finance Department of Warburg Paribas Becker. Between 1980 and 1973, he served at A.G. Becker, Commodity Department. Paul served as the Director, Commodity Funds and Managed Accounts at Kidder, Peabody & Company. He has also served as the president of KP Futures Management before it changed to James River in 1995. He holds a bachelor’s of arts from the University of Virginia and a Masters of Business Administration from the University of Chicago. Learn more:

James River capital offers advisory services on a wide range of investment areas, especially on management. The company advocates for some few necessary changes and strategies that leaders need to adopt in order to ensure effectiveness in a workplace. One such strategy is the critical mentality shift strategy. James River cites Facebook as a textbook example of a company that has effectively used the critical mentality shift strategy. The managers at Facebook support their work teams, rather than lead them as is the common norm in most organizations. The deviation from “leading” to “supporting” is a complete game changer in the relationship between the managers and those under their supervision. The team becomes more productive due to enhanced work relationships.

The other strategy that James River advocates for is allowing of escalation at workplaces. Managers should let their workers express their opinion freely. According to research by renowned psychologists, workers become more productive with increased liberty. Open and transparent communication opens an opportunity for workers to give a valuable contribution, which in turn, brings innovation. During, meetings, the managers should accord every worker a chance to speak or express their opinion. A workplace, where workers fear victimization, breeds psychological insecurity. The workers withhold information, even if it would have been beneficial to the organization.