Managers account for 70% variance in employee engagement surveys.
What are the top reasons you need to develop and enhance your Emotional Intelligence (EI)? After working with thousands of executives and leaders and focusing on helping them raise their Emotional Intelligence for the last 20 years, both individually and in their organizations, I wanted to summarize some of the key benefits for you.
Below are the top 10 reasons to raise your EI or EQ.
- Your leadership is desperately needed now: Gallup (2015) has found that only 10% of workers have the talent combination to be great managers. 40% of organizations say they do not have enough skilled or trained leaders to fill spots for the future.
- You are your team’s “Emotional Thermostat”: Your mood and temperament influence everyone on your team more so than you imagine. Gallup (2015) has found that managers account for up 70% of the variance in employee engagement surveys.
- You will have a competitive advantage:.We know the further you go up in the organization the more you use Emotional Intelligence to be successful rather than your expertise and your Intelligence Quotient (IQ). Research studies show that EI is the critical success factor anywhere from 50% to 85% depending on the study.
- You are on autopilot: Most of us operate on autopilot much of the time. We take short cuts rather than thinking hard or long about things. Working on your Emotional Intelligence entails taking a hard look at your capabilities and getting off automatic to be more intentional and exceptional.
- You have blind spots: We all have them but if you don’t know what they are you will continue to undermine your success. Marshall Goldsmith, one of the top executive coaches with Fortune 100 executives, from his research says 70% of people think they are in the top 10%. This is a major blind spot. Using EI coaching, assessments, 360 degree feedback and interviews you can establish what are your blind spots and begin to shed light on hem.
- You and your organization will be more productive: The basis of the EI competencies goes back to Dr. David McClelland of Harvard and then the Hay Group and Multi Health Systems studying what top 10% performers do differently that average performers.Now we have a rich data base of what behaviors and skills to nurture to be a top 10% performer.
