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Success as a leader in today’s
globally competitive, complex and fast changing business environment
increasingly rests upon our ability to get the best from ourselves
and the people around us. This requires personal qualities
and skills including vision, self-belief, enthusiasm, resilience
(the ability meet and overcome challenges) and the ability
to listen, learn and adapt. It also requires the interpersonal
skills to influence, persuade, manage conflict and solve problems
and contribute effectively to a leadership team.
These “common-sense” Emotional
Intelligence (EI) skills are not common-practice in every
leader and in all senior teams. The difference is significant.
Examples of benefits to business of high EI include:
- Software developers with higher levels
of EI can develop effective software three times faster
than others.
- Sales consultants with high levels
of EI generate twice the revenue of their colleagues
- Experienced partners in a multi-national
consulting firm who were assessed on their levels of EQ
delivered $1.2million more profit on their accounts than
did the other partners – a 139% difference
- Managers of an oil refinery who participated
in an EI development program over two years showed a 20%
increase in performance compared to similar employees who
did not participate. (Goleman 2002)
The results of low EI are equally dramatic
and include:
- Poor relationships: Disdain for collaboration
or teamwork, offending others with general arrogance, being
too harshly critical, insensitive, or demanding, alienating
colleagues, team members, collaborators and clients generates
employee disengagement and turnover, and unhappy clients
and suppliers.
- Rigidity: Inability to listen, learn
and adapt to feedback, slow in adapting style to fit changing
organisational culture, leave leaders out of touch and lacking
in credibility and influence.
Such behaviours hold back the leaders themselves,
their people and the business: They impact on the ‘top
line’ of business reputation and bottom line profit.
They are a luxury few businesses can afford.
The good news is that EI skills can be developed
and improved. An important first step is to benchmark leaders’
EI skills to identify strengths and development areas. Knowledge
of the strengths brings comfort and confidence, knowledge
of the development areas allows personalized, focused, cost-effective
and time-efficient development to be offered. Benchmarking
also allows progress to be measured quantifiably.
The Emotional Competence Inventory (ECI)
is a world-class research-based instrument for assessing EI
in leaders and senior managers. Developed by the Hay Group
in conjunction with Daniel Goleman and Richard Boyatzis, leaders
in the field of EI research and writing, it is a tool for
all leaders and all organisations who are serious about leadership
and management development. ECI is an online 360° feedback
tool allowing any number of respondents in up to five groupings.
The comprehensive 30-page report contains an outline of EI
concepts, an overview of results, details statistical information
on feedback in each competence area and also verbatim comments
to bring colour and depth to the feedback. The report is designed
to be fed back by a trained and experienced coach.
Future Positive Consulting Limited are accredited
and experienced facilitators of the ECI and offer additional
leadership development training and coaching. To find out
more or discuss your requirements please contact us. |
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