The pandemic. The Great Resignation. Companies committing to ongoing hybrid and remote working arrangements. As the working world shifts, the expectations for what defines an ideal executive are shifting as well.
Above intelligence, experience, and technical training, emotional intelligence is becoming a must-have skill for executives—regardless of the industry. As the workplace continues to rapidly change, those who can create a feeling of safety and stability will be the most successful in leading their teams. Leaders who prioritize mental health in the workplace are more likely to have employees who feel supported and engaged.
Emotionally intelligent leaders create healthy and productive workplaces, attract and retain top talent, and unlock the skills and potential of their team members.
Below, read more about the importance of emotional intelligence in leadership and practical tips on how to increase your emotional intelligence as a leader.
Emotional intelligence (sometimes referred to as EI or EQ) is the ability to recognize and understand one’s emotions, the emotions of others, and how they affect behavior—and use that knowledge to influence and motivate other people. As Andrea Archibald, Athena member and board member of Tribal Planet puts it:
“…Emotional intelligence, from a psychological perspective, generally refers to one’s own self-awareness, one’s ability to regulate [one’s] own emotions. But also to empathize and be able to be perceptive of those around you, their emotional state, and how to respond to their emotional state appropriately – depending of course, on the setting. The ability to motivate others, and general social skills; they’re all important to effective leadership in the C-suite or at the board level, but [also] in our everyday lives.”
EQ is indispensable in any organization for the following reasons:
Experts say leaders set the tone for the emotional state of an organization. In other words, whatever state they are in influences everyone else—and when a leader does a poor job managing their emotions, the workplace can become toxic. A leader with EQ prevents these outcomes.
Being able to recognize your emotions and others’ emotions, and how they affect behavior, gives you a better chance of motivating and influencing others. Considering that a leader without influence cannot achieve much, this truth makes EQ a key trait in a leader. Motivation, on the other hand, makes employees do a better job and work harder.
In an increasingly diverse workplace, leaders high in EQ are better placed to successfully combine their emotional intelligence with cultural intelligence (CQ) to communicate better. It helps them to charge the workplace environment with the right balance of emotions and set the tone for interactions that transcend common courtesy. Ultimately, everybody wins.
Lower employee engagement and high turnover are closely related. According to SHRM, a leader who doesn’t manage their emotions well sets the stage for a toxic work environment that breeds high turnover and low employee engagement.
High turnover invites decreased productivity, a spike in costs for recruiting new employees, lost time in new training, and lost revenue.
Also, the employees left in the organization have to do more to make up for the labor gaps.
Leaders can best exhibit emotional intelligence in the following ways:
Connection on a personal level creates a readily available and constant contact point between a leader and their employees. Through connection, a leader can communicate effectively, motivate their teams, and give them opportunities to provide authentic feedback.
It also creates the ideal environment for them to identify their teams’ emotions, show empathy, and act accordingly.
Motivated employees are more productive, more engaged, and more likely to stay with an organization.
Motivation works in more ways than one. For instance, you can motivate someone to pursue an idea that revolutionizes your workplace, find a quick solution to an urgent or emerging concern, etc.
Motivation also improves relations between executives and their teams. With a good leader-follower relationship, followers are less likely to oppose changes when they come.
To understand employees better, you need to get to know them better. This requires spending time with them through various unstructured activities.
For example, make time to play games together, go for lunch, or do something as simple as asking staff to introduce themselves in meetings.
You also need to choose to manage them from a mentor-mentee relationship. This way, they feel safer talking to you and expressing their truths.
Expectations are a one-way street while agreements are a two-way street. Also, agreements get your employees to buy into the project and what you hope to achieve at the end of it.
While you may have to compromise on the deliverables, it reduces the pressure on the employee and creates a better mental and relational environment for them to strive to do a good job.
EQ is comprised of five building blocks:
If you’re self-aware, you have a good grasp of your strengths and weaknesses, are attuned to your feelings, and understand how your emotions and actions affect the people around you.
To get better at self-awareness:
Self-regulation demands three things:
People with high EQ have intrinsic motivation. It’s the same kind of motivation that causes a new leader to go beyond the orientation given when onboarding yourself to your role to learn more on their own for better performance. You can grow your motivation, too, by:
Being able to understand and feel what others feel is vital to improving emotional intelligence in leadership. To become more empathetic:
People with great social skills form meaningful interactions with others and gain a better understanding of themselves and others. Here’s how to grow your social skills:
Leaders who depend solely on intelligence jeopardize the effectiveness of their leadership because their low emotional intelligence does little to motivate or inspire others, resulting in decreased morale and poor performance among employees.
If you’re already in a leadership position, improving your emotional intelligence is one of the best decisions with far-reaching positive results that you’ll make for yourself and your company.
Athena is passionate about helping women executives succeed in their roles. We offer the executive education, supportive network, powerful coaching, and access to opportunities women leaders need as they become stronger, more impactful leaders. Learn more here.
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