Emotional Intelligence Leadership

We tend to think of good decision making as being logical and rational and that if we allow emotions to get into the mix they will prevent good decisions. But, consider an emotionally intelligent leader who has an understanding of her emotions (self awareness), is skilled at managing them (self-management of emotion), has social awareness (empathy), and is good at relationship management. These four fundamentals of EQ, combined with logic and rational thought enable better decisions to be made.

A recent small study by TalentSmart using a 360 degree assessment, showed that almost 70% of leaders rated as high in emotional intelligence also rated well in decision making. And they found that 69% of low rated EQ leaders ranked in the lowest 15% of decision makers.

You can increase your decision making capabilities by being more emotionally intelligent.

See http://www.talentsmart.com/learn/online_whitepaper2.php?title=EMOTIONAL_DECISIONS_1&page=1

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Too often I meet leaders who have the view that being successful and getting business results is primarily about being task oriented.

I disagree.

Being successful in getting business results is combining all the elements of Emotional Intelligence with focusing on achieving the business goals and objectives. Today, being a leader means paying attention and putting energy and effort into relationships and nurturing relationship management. By now I hope you recognize that even though you may want to do everything yourself, it just is not possible. That’s where relationships matter. If you hope to accomplish all the priorities, you need to collaborate with those in your team and influence them in a positive way to meet those demands.

In order to do this, think about how much of your effort as a leader is on relationships. How much emphasis do you put on tasks? Rough numbers, I say you should spend 70% give or take a little on relationship building and maintaining those relationships.

How do you start spending 70% of your energy on relationships? Start with learning about EI and yourself. Then once you have an idea about where your EI competencies are, you can develop a plan to strengthen and refine them.

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Everyone agrees that as a leader, part of your job is to improve business results. Uh huh. Well, this is why you have to be emotionally intelligent: Daniel Goleman, author of Emotional Intelligence and co author of Primal Leadership with Richard Boyatzis and Annie Mckee found that an affiliative leadership style which builds emotional capital is more effective in today’s organizations than the leadership styles of yesterday. The data reviwed by Goleman, Boyatzis and McKee suggest that HOW a leader leads is key…to the bottom line. The numbers point to a leader’s style being about 70% of the emotional climate and climate is in large part the reason why people stay at a company. A good emotional climate makes employees feel good to be a part of that entity. Emotional climate then drives about 20%, sometimes more, of business performance.

How does emotional climate come to be? As noted, a leader’s style and how s/he makes you feel creates the emotional tone of the workplace. There are four fundamentals of what is known as emotional intelligence that enable a leader to create a great emotional climate. They are: self- awareness, self-management (self-management of emotion), social awareness (empathy), and relationship management. Each of these components is inter-related and we’ll be talking more about these in future posts. But for now, it all starts with self-awareness.

By a certain point in life, we tend to think that we know ourselves pretty well. Perhaps. Then again maybe not. Or maybe in certain ways, but not in the realm of our emotions. There are three key competencies to being self-aware according to Hay Group’s Emotional Competence Inventory (ECI): emotional self-awareness, accurate self-assessment, and self-confidence.

• Do you know the signs that tell you what you are feeling?

• Do you use that information to help you shift your focus if needed?

• Do you have strong sense of your capabilities? Of your shortcomings?

• Are you open to feedback and do you solicit it regularly?

While it’s tempting to answer “yes” to these questions and conclude that you are in fact emotionally intelligent, it turns out that there’s a range of emotional intelligence. And, perhaps more importantly, emotional intelligence, like leadership, can be developed.

Take action on becoming more emotionally self-aware: the next time you are working, notice how you are feeling. Happy, frustrated, calm, energized? Then, see how that impacts what you’re working on. Are you productive, creative, efficient? Is everything flowing easily? Or are you slogging through it just to get it checked-off the list? Are you doing C+ work? Check-in with yourself . Note what emotions and patterns of emotions cause you to be at your best.

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