What is Emotional Intelligence

Emotional Intelligence

Emotional intelligence (EQ) is the ability to recognize, use, and control one’s own emotions in a constructive way in order to reduce stress, communicate effectively, sympathize with others, overcome obstacles, and diffuse conflict.

Emotional intelligence aids in the development of stronger relationships, academic and professional success, and the attainment of career and personal objectives. It can also assist you in connecting with your emotions, putting your intentions into action, and making educated decisions about what is most important to you.

Why Emotional Intelligence makes You more Successful

Emotional intelligence is the ability to recognize and control one’s own emotions as well as comprehend the emotions of others. A high EQ aids in the development of connections, the reduction of team tension, the resolution of conflict, and the enhancement of job satisfaction.

Having high EQ also means being able to boost team productivity and employee retention. That’s why, when it comes to managerial positions, businesses prefer to choose and promote people who have a high EQ (emotional quotient) above those who have a high IQ (intelligence quotient).

Everyone who wishes to be professionally ready should invest in EQ. Based on Daniel Goleman’s research, here are five pillars of emotional intelligence and how they might help you succeed in the workplace.

Characteristics of Emotional Intelligence

Emotional intelligence is made up of five aspects, according to psychologist Daniel Goleman. These are the following:

1. Self-awareness:

You know how you feel as a self-aware leader. You are aware of the impact your emotions have on those around you. Your self-awareness isn’t just limited to your emotions. You are conscious of both your talents and limitations, as well as your ego. You want to make sure that your ego and personal characteristics assist the team and the company.

2. Self-regulation:

Assume you’re your own boss, and you’re firm but fair. Your emotions are under your control. You don’t lash out, and your job ethics aren’t jeopardized. You are responsible for your actions.

Others around you are reassured and driven to take positive action when you are calm.

You are upholding organizational ethics and leading by example when you hold yourself accountable and act accordingly.

3. Motivation:

Understanding WHAT you want to achieve and WHY you want to do it is a big element of motivation. Understanding the ‘why’ aspect typically necessitates some self-reflection, which is where strong Emotional Intelligence comes into play.

Motivated leaders set high goals for themselves and work towards them regularly. Leaders with high Emotional Intelligence also understand what motivates their employees and co-workers, and can incentivize and motivate them to find their own reasons for working to their full potential.

4. Empathy:

You can put yourself in someone else’s position as a leader with empathy. When your team needs someone responsive in charge to assist them to negotiate challenging situations, this ability will help you grow people on your team, challenge stereotypes and unfair assumptions, offer critical feedback judiciously, and be a good listener.

A compassionate leader fosters a pleasant work environment based on team loyalty and mutual respect.

5. Soft skills:

Most of us have met a leader who we would describe as a “people person” or someone with exceptional social skills. Establishing an emotional connection through communication is the art of social skills.

Leaders with strong social skills can communicate bad news and celebrate good news in a way that makes employees feel like there are endless ways to grow. Leaders with strong communication skills are also adept at resolving problems and managing change in a diplomatic manner that is appropriate for the circumstances.

What is the Importance of Emotional Intelligence?

We all know that the smartest people aren’t always the most successful or fulfilled in life. You probably know someone who is intellectually brilliant but socially awkward and fails at their job or in their personal relationships.

Intelligence, or your intelligence quotient (IQ), isn’t enough to attain success in life on its own. Yes, your IQ can help you get into college, but it’s your emotional intelligence (EQ) that will help you deal with the stress and emotions of final examinations. Both IQ and EQ exist in tandem and work best when they complement one another.

What are the benefits of emotional intelligence for leaders and managers?

When the workplace erupts, or when bad emotions simmer just beneath the surface, creating a poisonous working atmosphere, someone needs to keep it together. A leader with a high level of Emotional Intelligence can also help to create a work environment that isn’t poisonous in the first place.

Leaders with high emotional intelligence can celebrate team balance and diversity, encourage and influence people, make key decisions, and positively influence strategy, as Chris Underwood’s feature on the importance of emotional intelligence points out.

Why EQ is Important in Business?

The widely used and validated IQ test has frequently overshadowed emotional intelligence (a measure of intelligence). Because we are concerned with IQ and a quantitative ranking of intelligence, organizations and corporations sometimes overlook and undervalue the talents associated with EQ. However, this might mostly be to the cost of that organization’s or business’s prospective success.

EQ and Leadership

EQ is essential to excellent leadership, regardless of how you define it. Individuals who can comprehend others around them as well as their own strengths and shortcomings are in a far better position to form meaningful relationships, both with co-workers and with future customers/clients.

This isn’t to suggest that because EQ is so important, leaders don’t require technical skills or expertise. EQ, on the other hand, denotes the skills that aid in the creation of opportunities, the apparent ease with which obstacles are tackled, and the ability to motivate others to take action.

EQ has an impact on daily responsibilities in both personal and professional lives. Decisions about hiring, company prospects, problems, and sales must all originate from a place of profound awareness and understanding of others for leaders and executives.

EQ has a significant impact on not only personal connections and relationships but also on the decisions you make and how you make them.

Published on November 23, 2021