|Emotional Intelligence in Business|
by guest author Barbara Rubin-Greenberg, ACC of Rubin Greenberg Coaching & Consulting
Where does Emotional Intelligence show up in business? Here are some all too familiar business scenarios - deep cuts that mean many employees will be let go, or, perhaps, a rumor floats that the business is going under, or there are complaints of an arrogant manager or an employee who keeps blowing up, or a conflict between business partners. As a business leader you may face these issues. Will it be your IQ or your EQ (emotional intelligence) that makes the difference as you move to a better future?
"We should take care to not make the intellect our god. It has, of course, powerful muscles, but no personality. It cannot lead, it can only serve." Albert Einstein. Emotions are the very root of everything we do...the origin of every action beyond a reflex. Our emotions, whether recognized or not, are most often in charge!
What is EQ? Emotional Intelligence is the ability to be aware of your own emotions and those of others AND relating to others in intentional and healthy ways in a variety of contexts and roles even when under stress or challenged.
The Bottom Line and EQ - Emotional Intelligence impacts business productivity and success, makes a difference in navigating change or trying to bring the business vision to life. Employee and Leader productivity, retention, and long-term success are all related to the strength of emotional intelligence capacities. For example: At L'Oreal salespeople selected based on EQ competencies outsold others by over $91K; In top leadership positions EQ accounts for 80%+ of the difference between the best and average performers; and Insurance agents strong in at least 5 of 8 key emotional competencies sold twice the volume of agents weak in emotional competencies
The Good News: EQ fitness can be intentionally developed just as we can improve and maintain physical fitness.