Emotional Intelligence and Its Impact on Leadership
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Emotional Intelligence and Its Impact on Leadership
zesu wolde-georgis, Management Consultant, Ethiopia
Moving Up Requires More Than Just Technical Capability.
Emotional Intelligence and its Impact on Leadership
In psychology, philosophy, and their many subsets, emotion is the generic term for subjective, conscious experience that is characterized primarily by psycho physiological expressions, biological reactions, and mental states. Emotion is often associated and considered reciprocally influential with mood, temperament, personality, disposition, and motivation, as well as influenced by hormones and neurotransmitters such as dopamine, noradrenaline, serotonin, oxytocin, cortisol and GABA. Emotion is often the driving force behind motivation, positive or negative. An alternative definition of emotion is a "positive or negative experience that is associated with a particular pattern of physiological activity.
The physiology of emotion is closely linked to arousal of the nervous system with various states and strengths of arousal relating, apparently, to particular emotions. Although those acting primarily on emotion may seem as if they are not thinking, cognition is an important aspect of emotion, particularly the interpretation of events. For example, the experience of fear usually occurs in response to a threat. The cognition of danger and subsequent arousal of the nervous system (e. G. Rapid heartbeat and breathing, sweating, muscle tension) is an integral component to the subsequent interpretation and labeling of that arousal as an emotional state. Emotion is also linked to behavioral tendency.
Research on emotion has increased significantly over the past two decades with many fields contributing including psychology, neuroscience, medicine, history, sociology, and even computer science. The numerous theories that attempt to explain the origin, neurobiology, experience, and function of emotions have only fostered more intense research on this topic. The current research that is being conducted about the concept of emotion involves the development of materials that stimulate and elicit emotion. In addition PET scans and fMRI scans help study the affective processes in the brain.
Leadership has been described as “a process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task" Other in-depth definitions of leadership have also emerged.
Leadership is "organizing a group of people to achieve a common goal". The leader may or may not have any formal authority. Studies of leadership have produced theories involving traits, situational interaction, function, behavior, power, vision and values, charisma, and intelligence, among others. Somebody whom people follow: somebody who guides or directs others.
Defined as the skills or ability necessary to identify, assess and control the emotions of oneself, other people or entire groups, emotional intelligence is a concept that has become widely popular in management texts and related literature for its ability to enhance and capitalize on the human potential of an organization.
Seeking to support a leaders cognitive, emotional and physical resources, the use of emotional intelligence is a modern tool of effective management, enabling the individual to manage a wide range of employees that are often performing in a unique set of roles. In addition, emotional and personal competencies are two primary factors that are shown to be directly linked to performance within a work environment, making their identification and analysis essential for effective management as well as the increased development of the organizations human capital.
It pays to be likable
In part, emotional intelligence is a response to the problems businesses face in the modern world. With tighter budgets, escalating costs and the continuous demand to produce more for less, there's a need to develop a higher standard for leadership skills, ones that will effectively address the challenges of high employee turnover, a rapidly changing business environment and the ever-increasing demand for improved products and services. And at least in part, the solution to these problems is found in a leader who possesses technical knowledge as well as the social and emotional abilities that will enable them to meet and beat the afore mentioned challenges and maximize the human potential of their organization while achieving their own personal agenda.
Any organization at the forefront of its industry needs to retain the best employees to remain competitive. And if you take a look at the factors that contribute to the highest levels of creativity and effectiveness in the workplace within these types of businesses, you'll find components of emotional intelligence 9 out of 10 times.
That's because duration of employment is directly linked to an individual's relationship with their immediate supervisor, with some figures reporting that only 11 percent of employees who rated their boss as excellent would consider looking for a new job. This figure is in comparison to the 40 percent who would consider leaving after rating their boss poor.
Moving Up Requires More Than Just Technical Capability
Your skills can land you a great job but emotional intelligence is what enables you to keep it and, more importantly, get promoted and motivate those around you. In fact, some psychologists believe that emotional intelligence matters twice as much as both technical and analytic skills combined. And the higher the individual moves up within an organization, the more crucial emotional intelligence becomes – not really a surprise given the high degree of loyalty required to inspire people toward achieving an expansive, complex or long-term goal.
To climb the modern corporate ladder, a leader must be competent within their chosen field but also have a finely-tuned sense of emotional intelligence. Specifically, they are typically expected to be more positive, approachable, warm, empathetic and optimistic, traits many believe to be more important than traditional cognitive intelligence in the successful achievement of workplace goals. The reason for this may be due to the fact that a focus on emotional intelligence often includes the ability to contain any negative feelings and focus instead on a positive outcome – a capability that is vital for high-reaching leaders and executives.
Raise capital easily. Proprietors cannot sell shares the way other corporations do, so they have to seek out alternative methods to raise the necessary capital to expand their business.
Over the years the philosophical terminology of "management" and "leadership" have, in the organizational context, been used both as synonyms and with clearly differentiated meanings. Debate is fairly common about whether the use of these terms should be restricted, and generally reflects an awareness of the distinction made between "transactional" leadership (characterized by E. G. Emphasis on procedures, contingent reward, management by exception) and "transformational" leadership (characterized by E. G. Charisma, personal relationships, creativity)
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Other Views by this Author: Guide to Developing your First Corporate Governance Policies | Effective Management Through Leadership | Importance of Developing Leadership Skills | WHY YOU ARE NOT A LEADER!
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