Six Steps for Making a Business Case
Organizations tend to work collectively. Ideas tend to come to individuals within the organization. However, they need to be spread across the organization. Any change only takes place if several people in key positions believe that the idea is good enough. This is where a business case comes in handy. Executives from all departments in […]
Increasing use of Contract Staff and Temp Workers in the Corporate World
Hiring Temps and Contract Staff Of late, a trend that has been noticeable in the corporate world pertains to the increasing use of contract staff and temporary workers or temps as part of the organization’s operations. The trend that started a couple of decades earlier has now accelerated into a phenomenon where nearly 25 to […]
Entrepreneurial Finance
Description This article discusses the various forms of financing for new ventures. It is indeed the case that any new venture would need capital and more often than not, entrepreneurs need significant capital for launching their ventures. Further, this article also discusses how Angel Investors have become important in recent years and examines how buyouts […]
Talent Management and Poaching Talent
What could be the biggest source of competitive advantage to an organization in the current era of cut throat competition? If I asked this question a decade or two decade, the answer would have been something like – ‘it’s the technology’, ‘its global presence’, ‘its customer perception’ etc. All of them can be a potential […]
Time Management and Goal Setting for Work-Life Balance
Ideal Work-Life Balance involves an efficient management of professional commitments and responsibilities towards the family as well as society. In a 24/7 schedule of the day, one should ideally work for 8 hours and dedicate 8 hours each to sleep and recreation. But, hardly any of us live in this ideal scenario. Instead the millennial […]
Emotional intelligence helps us to create and nurture healthy bonds in an organization and it ensures both personal as well as organizational success. By emotional intelligence we mean the proficiency of an individual to identify his own emotions as well as emotions of other people, to differentiate between various emotional states and to categorize them properly, and to use the emotive data to manage thinking and performance.
High emotional intelligence means that you can identify your own emotional condition and you can connect well with the emotional conditions of other individuals and deal with those individuals in a manner that brings them closer to you.
Emotional intelligence consists of the following components/elements:
Self-awareness can be built by true reflection of yours on daily basis. This means that quality time has to be spend on exposing your mind to innate thoughts. Individuals with high level of self-awareness would basically be candid, not only to themselves but also to other individuals. They know the impact of their feelings on themselves as well as on other individuals, and on the functioning of the organization.
Self-aware people are surely self-confident. They have a thorough understanding and knowledge of their strengths. They will look for support only when required. They will always play safe. They will only take projects which they can complete efficiently within time deadlines. They know their vision very clearly and they will not accept projects which are a hindrance to their values or personal and organizational vision.
Self-regulation is nothing but governing the disturbing drives and feelings. It is a fundamental to our proficiency to manage dynamism in the environment faced by us. It is also about feeling optimistic and venting optimism to others. Self-regulation provides you an option to either be in control of your emotions or let your emotions be in control of you. Self-regulation mainly includes self-discipline and control, credibility, diligence, flexibility and bringing about revolution.
Motivated people are passionate people. They are inclined towards learning more, are proud of their remarkable achievement, and look out for innovative tasks. They are keen in discovering new methodologies of performing. They are quite inquisitive about the reasons why tasks are performed in a particular manner and not the other. Highly motivated people are very optimistic, even when they don’t meet the organizational benchmarks set upon them.
Empathetic leaders have knowhow of developing and maintaining the talent. Empathy is the building block of Emotional Intelligence. “Step into the shoes of others” is what is emphasized when you want to perceive things from other’s viewpoint. Empathetic people excel in sustaining long term relationships, effective listening as well as connecting to others. Due to dynamism and increasing globalization, empathetic leaders are more in demand.
Social skills in short means applying empathy and balancing the wants and requirements of others with your own. Social skills help in getting work done from others, and it is very important for the leaders to possess this trait so as to put their emotional intelligence to operate.
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