In today’s dynamic business world, emotional intelligence (EQ) has emerged as one of the most valued and necessary competencies for leaders. According to the World Economic Forum’s Future of Jobs 2023 report, emotional intelligence remains a crucial skill for leaders of the future. Furthermore, a survey conducted by Lee Hecht Harrison Penna in 2019 revealed that 75% of managers consider emotional intelligence before deciding on a promotion. Developing a high EQ can not only improve your effectiveness as a leader but also boost the success of your organization. But how can this be achieved?
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What is Emotional Intelligence?
Emotional intelligence is the ability to recognize, understand, and manage our own emotions, as well as influence the emotions of others. For leaders, high EQ means having the ability to connect with their teams, manage stress, and make informed, balanced decisions. Low EQ , on the other hand, can result in lost revenue and productivity, increased staff turnover, and more sick days.
