Have you ever seen a highly qualified and skilled executive fail as a leader, whereas a not-so-skilled executive becomes a successful leader when given a chance to be so? Unfortunately, it is not so rare. Many of us working with the companies have seen this kind of instance happening around us.
Why is it happening? Leadership now requires a critical quality, and that is called emotional intelligence. However, a good IQ, technical skills, higher qualifications are not the only factors deciding a true leader.
Factors deciding Emotional Intelligence:
- Self-awareness: Know yourself well. Self-awareness is the first most crucial component of emotional intelligence. This self-awareness extends to a person’s understanding of their values and goals. A truly self-aware person knows what he is doing and why he is doing it. He will not take any hasty decisions and regret later, which happens to less self-aware people. They are ready to accept their mistakes and open to any suggestions given to them. A person with high self-awareness will not hesitate to express their views in any situation, know their limits, and believe in themselves.
- 2. Self-Regulation: Any biological impulses can drive us and lead to wrong decisions that we may regret later. Self-regulation will stop us here. It is the ongoing inner conversation that helps us to free from our emotions. Impulses cannot drive us to take any decision in an adverse situation like when the team has failed very badly, and as a leader, we cannot spread the frustration to my team and feel angry or depressed. But with self-regulation, a true leader will discover the actual reasons behind the failure, discuss with the team members along with the solution that can overcome the difficulties they have faced this time.
- Motivation: This is the most important trait that all influential leaders should have. The keyword to motivation is achieved and not the money or any external rewards. If a leader is motivated enough to achieve the goal, they can even accept their failures with much ease. Self-regulation to overcome failures will combine with achievement motivation, and it will be seen as an opportunity to prove themselves further.
- Empathy: Empathy is vital as it decides to bond between the leader and his team. If you don’t have the ear to listen to the problems of your team members with empathy, you will lose the confidence of your team and fail as a leader.
- Social Skills: A true leader needs social skills to build rapport. They might be making it with the people they are not working with, but you never know when you will need someone’s help, which seems to be not essential for you right now.
The best part is Emotional Intelligence is that it can be learned, however, not easily. We have to admit that the benefits of emotional intelligence both for individuals and organizations are worth knowing.