2014-11-21 00:00:00Starting a BusinessEnglishhttps://quickbooks.intuit.com/in/resources/in_qrc/uploads/2017/05/emotional-intelligence.jpgWhy Emotional Intelligence Matters

Why Emotional Intelligence Matters

2 min read

Emotional Intelligence is not a new intelligence tool, it can help one achieve success in business and the workspace. It enables you to interact and communicate with others more effectively and improve your personal and professional relationships. What is Emotional Intelligence? It is “a form of social intelligence that involves the ability to monitor one’s own and others’ feelings and emotions, to discriminate among them, and to use this information to guide one’s thinking and action”. With emotional intelligence, you are able to recognize your own emotional state and the emotional states of others, engage with people in a way that draws them to you. How can Emotional Intelligence Aid You In Your Business? As your business grows, so does pressure, strain, and emotions that, accumulate making your work life more stressful. EI helps you explore the social complexities of life and guides you towards reliving stress for yourself and others. Emotional intelligence helps you achieve: Self-awareness: is about self-introspection and being able to relate to your own emotions. It affects your health, your mind, your performance at work and your ability to deal with relationships. It makes yourself aware of the existing emotions and suggests you to use them effectively. It acts as a tool for self-motivation and introduces self-management techniques. EI helps you to face situations and manage stress. Another way in which self awareness may help you achieve success is by understanding the way others respond to you. This also helps you build leadership skills. Listening skills: EI helps team leaders to hear their staff by listening to their problems, giving them solutions and observe their improvements. A leader doing so is able to connect with his subordinates on a deeper level. Social awareness: After understanding, yourself and your employees it is now time to understand the needs and concern of others around you. It teaches you how to make every individual feel special understood them and respect all. If you are trying to build a team and motivate people, you need to be socially aware of things around you. Decision making abilities: EI helps you make decisions and enhances your problem solving abilities. It helps you think differently and deal with old issues with new dimensions. Leadership qualities: It helps a leader to develop empathy and build up understanding of a particular situation and people. You are able to develop new strategies and encourage your team to give their best. EI helps you anticipate your team and ways in which they would react to situations. It also helps you to manage crisis and prepare for the worst. However, the question is how to get there? The solution is simple but it is easier said than done. Memory is strongly connected to your emotions. Therefore, one needs to be able to balance his or hers emotions in order to take the right decisions. By maintaining the balance, you will expand the range of choices towards every situation and include emotional factors into your decision making process. The balancing of emotions and managing of stress helps one to become an effective communicator. And this will aid your business and enable growth in the long run.

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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