Emotional Intelligence (EQ) is good for business for many reasons, but the ability of leaders to inspire discretionary effort in employees to go ‘above and beyond the call of duty’ is one of the most important. Need employees to work overtime when the machines break down? Well, you are going to need a leader with strong EQ to rally the troops.
Quite simply, employees are much more inclined to go the extra mile when asked by a leader that they respect and admire. Although discretionary effort is not endless, managers with low EQ will have much less to draw on.
Being a traditionally smart leader is no longer enough to earn the respect of team members, however a leader that takes the time to say hello and ask about the progress of your renovation will build much needed ‘good will’ in the bank. Too often, leaders will fail to connect with employees and wonder why they aren’t willing to burn the midnight oil when the chips are down.
Employees will join and leave an organisation because of a leader, so it is vital that this skill is developed and nurtured. Furthermore, if an organisation has a leadership team with strong EQ, discretionary efforts multiply across the business.
The table below illustrates some differences between IQ and EQ:
Intelligence Quotient (IQ) | Emotional Intelligence (EQ) |
---|---|
Ability to think | Ability to feel |
Measures cognitive intelligence | Measures emotional intelligence |
Ability to apply knowledge | Ability to adjust |
Gets through school | Gets through life |
Convincing using facts alone | Convincing using facts and emotions |
Relying solely on cognitive skills | Relying on cognitive and emotional skills |
Less to do with success and happiness | More to do with success and happiness |
Refers to knowing what | Refers to knowing what and how |
Not possible to raise IQ | Possible to raise EQ |
Cannot be learned | Can be learned |
IQ is the brain | EQ is the heart |
Leaders with strong EQ are easily picked by their direct reports. They inspire and engage their teams, effortlessly ignite discretionary effort to boost productivity, and achieve better results and greater levels of employee engagement.
EQ has become a permanent fixture in the workplace however it can be misunderstood. Some employees believe EQ is all about ‘social skills’ or ‘being good with people’. Whilst these skills are important to EQ, they are not the whole picture. EQ is about perceiving, using, understanding and managing emotions. When done well EQ can be a strong advantage in a person’s work and home life.
EQ is a proven differentiator in the competitive climb up the corporate ladder and employees who are unable to demonstrate this superpower may miss out on career opportunities. There is mounting evidence that when technical competencies are equal, EQ separates those who win positions from those who don’t, with many organisations testing candidates’ EQ as part of the recruitment process.
Leaders who can build EQ are able to connect to their feelings, manage stress, turn intention into action, and make informed decisions about things that matter most. The ability to read the signals of others and to react appropriately has become a fundamental and highly sought-after workplace skill. While IQ is undoubtedly a core requirement to make key business decisions, EQ is quite possibly the secret to executing those decisions with success. Could this superpower be the skill that will set you apart from your peers?
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Georgina is Senior Content Writer and HR Specialist – Publications at Ai Group. She is an accomplished Human Resource professional with over 25 years of generalist and leadership experience in a broad range of industries including financial services, tourism, travel, government and agriculture. She has successfully advised and partnered with senior leaders to implement people and performance initiatives that align to business strategy. Georgina is committed to utilising her experience to create resources that educate and engage and is passionate about supporting members to optimise an inclusive workforce culture that drives performance.