When managers think of emotions, they often focus on overreactions that they have witnessed in the workplace — conflict, hurt feelings, or even their own embarrassing moments. Letting emotions overpower our intellect is not what we mean by Emotional Intelligence; in fact, quite the opposite is true: out-of-control emotions are not what we want, at work or elsewhere.
On the other hand, listening only to our rational, factual side is not Emotional Intelligence, either. Feelings, instincts, and intuitions gained through experience are vital sources of information about the world around us. We operate with only half the information we need to make valid decisions when we try to use only rational, cognitively derived data. This approach does not lead to overall success within any organization or to a satisfying personal life.
Psychologists quantify the rational thinking part of our brains; they call it "intelligence quotient," or IQ. Psychologists and educators do not agree on exactly how to measure it nor what the numbers really mean. Nonetheless, we have some widely used and accepted measures of intelligence: An IQ of 120 tells us something about a person's general ability, as does an IQ of 85. We have known for decades, however, that intelligence does not correlate highly with success on the job. In other words, being highly intelligent and using your cognitive skills do not guarantee success.
True Emotional Intelligence is being able to appropriately call upon information from the emotional center of the brain, and balance that with information from the rational center of the brain.
Based on a number of recent studies, experts now believe that IQ, or general intelligence, contributes no more than 25% to one's overall success. Sure, it helps to be born with brainpower and even to develop it, but this is not enough for success in life or success in management. Some may advance the idea that having expertise in a certain field determines success; developing strong technical competency or specific intelligence in your chosen field can indeed be a necessary step for initial entry into the field, yet competency fails to add much to the success equation. Most experts believe it contributes only 10–20% to success.
So, if it's not just IQ and it's not just technical expertise, what else makes up the remainder of the formula for success — that remaining 55–65%? Case studies and longitudinal studies by highly regarded leaders give us a clue: Opportunity or serendipity adds a few percentage points, but many well-respected leaders create their own opportunities. They are able to do so because they rank high on all dimensions of Emotional Intelligence.
It is EQ that allows us to express preferences in decision-making, passionately pursue a goal, control our temper, and offer persuasive arguments for or against an idea. EQ explains why we like certain people better than others, and helps us get along with the ones we don't. It is EQ that helps us establish relationships and become politically savvy in the office, and it is what keeps us going in difficult times. If you think business is or should be based only on rational skills, the newest research would urge you to rethink this notion: Emotional Intelligence is the most fundamental dimension of leadership today and in the foreseeable future, and the higher we aspire to or rise in leadership positions, the more important it becomes.
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