According to the Harvard Business School, emotional intelligence accounts for almost 90 percent of what distinguishes high performers from their peers with comparable technical skills.
Don’t underestimate emotional intelligence.
It can create a supportive work environment ultimately leading to better business outcomes.
Importance of Emotional Intelligence for Managers
Emotionally intelligent leaders are better equipped to coach teams, manage stress, deliver feedback, and collaborate with others. They can establish better relationships with their teams, leading to improved productivity, innovation, and employee retention rates.
Emotional intelligence is crucial for creating a sense of belonging for every employee. Emotionally intelligent leaders ensure employees feel seen, heard, appreciated, and valued.
Working in an emotionally intelligent way means prioritizing relationships, communication, and empathy in addition to productivity and to-do lists.
Emotional Intelligence Explained Simply
There are four elements to the definition of emotional intelligence:
- Self-awareness is being aware of your own emotions.
- Self-management is the ability to manage your own emotions.
- Social awareness is being aware of and recognizing others’ emotions.
- Relationship management is the ability to create positive emotional relational outcomes.
Being self-aware when you’re in a leadership position means having a clear picture of your strengths and weaknesses and behaving with humility.
As you can see, when dealing with people that work on joint business outcomes, having strong emotional intelligence skills is an incredibly important leadership skill.
Watch the video to learn more about why is emotional intelligence important for leadership:
Why Is Emotional Intelligence Important For Leadership
Here are ten reasons why emotional intelligence is important for leadership:
Emotional intelligence enables you to acquire a better understanding of your emotions, strengths, and weaknesses. In turn, you can manage your emotions and respond instead of reacting in challenging situations.
Leaders possessing emotional intelligence are not afraid of the emotions of others and demonstrate compassion and empathy towards others.
3. Improved communication.
Emotional intelligence can help you communicate more effectively with others, understand different perspectives, and tailor your communication style.
4. Better relationships.
Emotional intelligence can help you build stronger relationships with team members, colleagues, and stakeholders. If you have high emotional intelligence, you can understand and respond to others’ needs, build trust, and foster a positive work environment.
As a result of emotional intelligence, you can make better decisions as you anticipate the potential outcomes of your decisions on others by weighing the pros and cons of different options, and considering the emotions of those involved.
6. Conflict management.
Leaders with emotional intelligence can manage conflicts in a calm and effective manner by understanding the emotions of all parties involved until finding a mutually beneficial solution.
7. Employee engagement.
High emotional intelligence can help you create a work environment that fosters employee engagement by creating a sense of belonging and valuing employees’ opinions and contributions.
Emotional intelligence breeds adaptability. It helps you be adaptable to change by managing your emotions and being aware of how others may be affected.
Leaders with emotional intelligence can motivate their team members by understanding their individual needs and inspiring them to work towards a common goal.
10. Improved team performance.
By using emotional intelligence, leaders can build strong relationships and inspire their team members, leading to improved performance and productivity.
Emotional intelligence enables leaders to better understand themselves and others, manage emotions, communicate effectively, build strong relationships, and drive results.
Benefits of Emotional Intelligence
Emotional Intelligence (EI) has many often neglected benefits that can improve both personal and professional aspects of life.
- Better decision-making skills. Emotional intelligence promotes self-awareness, which helps individuals make better decisions by understanding their own motivations, biases, and values.
- Improved mental health. People with higher emotional intelligence are better at regulating their emotions and managing stress, leading to better mental health and reduced anxiety and depression symptoms.
- Improved customer service. Employees with high emotional intelligence can connect better with customers, leading to higher customer satisfaction and loyalty.
- Better teamwork. Emotional intelligence helps employees understand and connect with their teammates better, leading to better collaboration and teamwork.
- Increased adaptability. Emotional intelligence helps individuals become more adaptable to change by promoting resilience and the ability to manage stress and uncertainty.
Emotional intelligence can improve various aspects of life, including relationships, leadership skills, decision-making, mental health, conflict resolution, teamwork, adaptability, communication, and self-awareness.
Examples of Emotional Intelligence in the Workplace
Here are several examples that illustrate the importance of emotional intelligence in the workplace and give you some ideas for how you can demonstrate it in your work environment:
Responding positively to new initiatives.
This can include showing that you’re ready to take on new projects and being open to change. It demonstrates that you are adaptable and can handle new challenges with a positive attitude.
Showing compassion to upset colleagues.
This can include actively listening to their concerns, providing emotional support, and working to find a solution to their problem. By demonstrating empathy, you are better able to build strong relationships with your colleagues and create a positive work environment.
Putting work goals above personal interests.
This means that you are willing to put the needs of the company and its stakeholders before your own. By doing so, you demonstrate a strong sense of commitment and dedication to your work and your team, which can lead to increased productivity and success.
If you are still feeling stressed and unable to cope due to work pressure or difficult clients, we have a complete self-managing business blueprint to overcome the challenges you face. Access below for free: