An updated version of this report is available here:
http://www.6seconds.org/2010/10/the-business-case-for-emotional-intelligence-2010/
Executive Summary
Emotional intelligence (EQ) is the ability to use emotions effectively. Since the publication of the initial research in 1990, innovative organizations have begun testing how to integrate EQ into training and hiring to gain competitive advantage. It is becoming increasingly clear that these skills are the foundation of high-performing organizations.
A range of implementation strategies have been used to deploy EQ, primarily in selection and training. The competencies are measurable and learnable; they can be developed through training and coaching. The most effective implementation strategies seek to integrate EQ into the organizational culture. While there are numerous implementation strategies, researched EQ applications include:
- increased sales performance through recruiting and training more emotionally intelligent salespeople.
- improved customer service through recruiting higher EQ customer service reps.
- superior leadership performance by developing and recruiting for executive EQ.
Companies have demonstrated that using EQ in training and organizational climate change can reduce costs associated with turnover, absenteeism, and low performance.
Research has provided clear evidence that emotionally intelligent leaders are more successful. Many of these studies yield bottom-line results: At PepsiCo, for example, executives selected for EQ competencies generated 10% more productivity. High EQ sales people at L’Oreal brought in $2.5 million more in sales. An EQ initiative at Sheraton helped increase market share by 24%.
One of the most important applications of EQ is in helping leaders foster a workplace climate conducive to high performance. These workplaces yield significantly higher productivity, retention, and profitability, and emotional intelligence appears key to this competitive advantage.
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Access the 2010 version of this report here: http://www.6seconds.org/2010/10/the-business-case-for-emotional-intelligence-2010/
Joshua Freedman
Joshua is one of the world’s preeminent experts on developing emotional intelligence to improve performance. With warmth and authenticity, he translates leading-edge science into practical, applicable terms that improve the quality of workplace relationships to unlock enduring success. Joshua leads the world’s largest network of emotional intelligence practitioners and researchers.See 250 more posts by Joshua Freedman
I am looking for EI curricukum for the workplace to either purchase or get trained in. My company is looking at both angles and not sure which is the best way to go. I could not print your info. Do you have any suggestins?
Giovanna Eisberg
Hi Giovanna –
A great place to start is our Developing Human Performance program — it’s a library of high-quality modules all woven through with the “golden thread” of EQ: http://www.6seconds.org/tools/curriculum/dhp/
We also have a more intensive EQ program called “The EQ Leader” which is a 1-day, and programs for teams and more… so please contact us (see the link @ bottom of the page).
Warmly,
-Josh