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Running Head: MANAGEMENT0 LEADING STRATEGIC DECISION MAKING
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MANAGEMENT1 Introduction Up until today, some leaders are still not aware of the important role that emotional intelligence shows in leadership effectiveness benefit to inspire employees in varied ways. Emotional intelligence is a subset of societal intelligence comprises the ability to observe one own and other feeling and reactions and thus use this data to direct one action and behaviour (Crowne, 2009). Controlling personal action and thinking is a skill allow the leader to perceive and better address the emotions of those around them. It is necessary for a leader to have emotional intelligence as the leader influences people now and then rather by inspiring them or motivating them. In the absence of emotional intelligence in leaders, there are chances of arising more conflicts within the organisation which will directly influence the performanceoftheenterprise.EmotionalIntelligencealsodividedintopersonaland interpersonal skills. In addition, Emotional intelligence is also linked with employee intrinsic and extrinsic motivation that known to be more productive and delivering better result (Lee & Lee, 2008). It was found that emotional intelligence and intrinsic motivation are completely linked to enterprise citizenship behaviour and therefore, managers or leaders can motivate theiremployeesintrinsicallytoretainthemandwhilerecruitment,theycanalsobe considered by leaders with high emotional intelligence who can benefit the organisation. This study states about how emotional intelligence leaders have the capability to motivate staffs as they are more probable to be in sync and in tune with those nearby them. In ordertocomprehendthis,itisimportantto knowsome significantcomponentsof emotionalintelligenceincludingrelationshipmanagement,self-awareness,social awareness, and self-management. Leaders with high emotional intelligence can generally balance multiple tasks and have the ability to direct employees in unique and creative ways. Moreover, they are helping the organisation by synchronising employee individual goal with the organisational goals so as to increase the performance of the enterprise.
MANAGEMENT2 Emotionalintelligencehasdevelopedasoneofthemostremarkablesocial effectiveness concepts. Collins & Cooper (2014) also stated as foundational element of leadershipeffectivenessandifleaderwhoispooratnoticingtheiremotionsmay unintentionally miss important emotional signals from their employees. On the other hand, if the leader has interfered with effective actions, it is possible that he can motivate or inspire employees in a better way. De Vries et al (2010) theorised that leaders adopts emotional intelligence to build relationships that are in-sync with their enterprise and employees by developing emotional bonds that aid them stay concentrated and inspire employees during change and uncertainty. Leaderandentrepreneurhaveoneofthefastestdevelopingdigitalmarketing agencies in the nation and leaders including emotional intelligence emotions can have a positive or negative impact on their capability to motivate and direct a team (Suleiman Awwad & Kada Ali, 2012). In addition, leaders can study to be emotionally autonomous and attain characteristics that enable them to have emotional intelligence by linking to core emotions,acceptingthemandbeingconsciousofhowtheyimpacttheactionsand decisions. In real life organisations and modern workplace, the most successful CEOs include well-adjusted leaders who know how to harness their emotional intelligence as a way to bring out best in the employees. For instance, Amazon CEO Jeff Bezos make inspire and feel others comfortable with using his self-deprecating humour (Eisner, 2016). In addition, positive moods can facilitate integrative thinking, creativity and inductive reasoning and the leader who practice negative emotions can promote consideration to point, heightened awareness of error and accurate processing of the information. Leaders having emotional intelligence can recognise their positive moods and leverage them envision significant organizational improvement through inspiring employees in the right direction. They also adopt certain emotions to develop a more neutral frame of mind that helps them in tune and in sync with those around them. Collins & Cooper (2014) states the first most important constituent of emotional intelligence named as self-awareness which is the core of everything. It describes the leader ability to not only comprehend his strengths and weakness but also to identify significant emotions and its related effects that can impact on employees or team performance. Tasha Eurish conducted as research stating that 95 per cent of people think that they are self-
MANAGEMENT3 aware, however, only 10 to 15 per cent actually are and this may create issues for the employees (Royer, Stehr & Sydnor, 2015). In bring out best from the employees, a leader needs to gain self-awareness with completion of 360-degree feedback and thus discover how employees perceived him in the organisation. Taking example of Elon Musk, CEO of SPACEX and Tesla, Musk’s offer to work alongside factory workers with an objective to better understanding their perspectives shows that he really cares. Though it was time- taking for a CEO called for working 80-90 hours a week and this exercise develops empathy and can be inspiring for dissatisfied employees. The next significant component of emotional intelligence stated by Nesbit (2012) is self-management which states the ability of leader to manger own emotions before directing employees,particularlyinstressfulcircumstances.Themoretheleadertunewithhis emotional intelligence, it will be easier to make the transition of the employees from reaction to response. Taking example of Indra Nooyi, she used her unusual and unique display of gratitude to make bond with the executive team and employees in more personal way that benefits her to develop loyalty and morale. That is why she has a 75% in-house approval ratings. Social awareness is also one of the important components of emotional intelligence whichdescribesonecapabilitytorecogniseotherdynamicsandemotions(including employees) to play effectively within the enterprise (Durlak et al, 2011). Leaders who excel insocialawarenessstrivestounderstandtheiremployeesandcolleaguesfeelings perspectives that benefit them to collaborate and communicate to them more effectively. This represents empathy which was ranked as number one leadership skill by Global leadershipdevelopmentfirmDDI.Theyalsoreportedthatleaderswhomasterthis component of emotional intelligence perform more than 40 per cent higher in motivating and inspiring the employees and thus engage effectively decision making. For example, Richard Branson, founder and chairman of virgin group, taps into all five components of emotional intelligenceandalsoindicatesthatdyslexiaasaninspirationforhisachievementby displayingunderstandingforyoungindividualswhoalsohavethesituationandother dyslexics – in a meaningful and caring way. The last component of emotional intelligence includes relationship management that refers to the ability to coach, influence and thus resolves conflict effectively. Some leaders try to avoid conflicts and eliminate unproductive activities. However, if a leader wants to inspire his employee in the right direction, he needs to consider some tough conversations as the top factor in job satisfaction (Dutton & Spreitzer, 2014). For example, Satya Nadella,
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MANAGEMENT4 CEO of Microsoft encourage its employee to learn from his experience while enduring long term relationship to continue giving the project in an effective way. It can be said that leader set the tone of their enterprise, and if they lack emotional intelligence, it could have higher rate of turnover and also low employee engagement. It is important for the leader to excel in his job technically from all perspective including emotional intelligence, and thus continue to advance the career and development of the organisation. With regards to this, leaders with the high EQs ignite organizational purpose by creating a genuineidentityfortheenterprisebystandingbehinditsintegralvalues.Itgainson emotional intelligent leader to comprehend the significance of prioritizing organisation values overparticulargoals.Whileinspiringemployees,EQleaderswouldnotsacrificethe enterprise values in the achievement of goals. In order to inspire employees in the right direction, emotional intelligence can also be taught to leaders due to a term known as brain plasticity. It is known as the capability of our braintoreorganiseitselfduringanindividuallifecoursebydevelopingnewneural relationships (Kunnanatt, 2008). In addition, there are some trained consultants whose jobs is to coach and teach individuals on how they can build emotional intelligence and many organisations employ them indirectly for their employees leading to emotional intelligence. Other than this, many studies were also carried out that show it is possible for leaders to recognise emotional intelligence while having conservation with them. For instance, during the conversation with an individual if they talk from your perception and do not get easily diverted by the environment but remains focused on the conversation then it displays that they care about the feelings at that specific time and thus this point out to emotional intelligence. This can be seen in the opposite way too (Burkitt, 2012). Various studies also showed that motivated people are highly adaptable during the time of organisational change and thus have a positive attitude at works (Staufenbiel & Konig,2010).Thisleadstogoodreputationfortheenterprise,improveprofitsand performance and reduce rates of absenteeism. It becomes clear that leaders are equally responsible to their team member’s motivation level – with building of an environment that helps both the employees and the enterprise to reap the rewards. Due to competitive business landscape, thinking about leadership effectiveness has increasingly shifted to much broader context and now comprises any successful attempt to influence a group and inspire the respective team (Collins & Cooper, 2014). This change not only arises due to the command and control approach but also gets challenged by more democratic leadership methods and to apply in parts in individual in a non-formal leadership role. In addition, leaders who are not good at handling emotions may allow their emotions to
MANAGEMENT5 hinder the operational act (Akerjordet & Severinsson,2008). It has also be stated that in leadership,goingsuccessfullywithemotionsmayaddtohowindividualhandlesthe employee requirements and inspire them to achieve a specified task. Conclusion In the limelight of the above discussion, it can be said that effective leadership is grounded on the relations between employees and leaders where leader requires some important competencies when it comes to upholding relationships. In this scenario, it is very relevant to consider one emotion while showing right direction to him and accordingly, emotional intelligence sub-aspect is greatly significant to leadership while contributing to their effectiveness. In addition, executing emotions intelligently help leader to play significant role in leadership effectiveness. Furthermore, leader can ensure and offer proper direction while having information about emotions, implying that leader is able to forecast emotional responses in many contexts while possessing necessary competence enhance their emotional intelligence. To be effective, there is require a strong understanding with the leaders of how their actions and emotions impact individuals around them. The more effective a leader relates to and works with others, the more productive will be the organisation. With regards to this, working on significant constituents of emotional intelligence comprising motivation, self- regulation, empathy, and social skills will benefit both leader and employees to outshine in the futures relating to career paths.
MANAGEMENT6 References Akerjordet, K., & Severinsson, E. (2008). Emotionally intelligent nurse leadership: a literature review study.Journal of Nursing Management,16(5), 565-577. Brackett, M. A., Rivers, S. E., & Salovey, P. (2011). Emotional intelligence: Implications for personal, social, academic, and workplace success.Social and Personality Psychology Compass,5(1), 88-103. Burkitt, I. (2012). Emotional reflexivity: Feeling, emotion and imagination in reflexive dialogues.Sociology,46(3), 458-472. Collins, C. S., & Cooper, J. E. (2014). Emotional intelligence and the qualitative researcher.International Journal of Qualitative Methods,13(1), 88-103. Crowne, K. A. (2009). The relationships among social intelligence, emotional intelligence and cultural intelligence.Organization Management Journal,6(3), 148-163. De Vries, M. F. K., Florent-Treacy, E., Guillen, L., & Korotov, K. (2010). The Proof of the Pudding: An Integrative, Psychodynamic Approach to Evaluating a Leadership Development Program. InThe Coaching Kaleidoscope(pp. 3-19). Palgrave Macmillan, London. Durlak, J. A., Weissberg, R. P., Dymnicki, A. B., Taylor, R. D., & Schellinger, K. B. (2011). The impact of enhancing students’ social and emotional learning: A meta‐analysis of school‐based universal interventions.Child development,82(1), 405-432. Dutton, J. E., & Spreitzer, G. M. (2014).How to be a positive leader: Small actions, big impact. San Francisco: Berrett-Koehler Publishers. Eisner, S. (2016). The" In-Factor": Signature Traits Of Innovation's Leaders.Journal of Applied Business Research,32(1), 185. Kunnanatt, J. T. (2008). Emotional intelligence: theory and description: A competency model for interpersonal effectiveness.Career Development International,13(7), 614-629. Lee, M., & Lee, S. (2008). The influence of emotional intelligence and organizational climate for nurse job satisfaction.Journal of Business Administration,4(1), 1-10. Nesbit, P. L. (2012). The role of self-reflection, emotional management of feedback, and self- regulation processes in self-directed leadership development.Human Resource Development Review,11(2), 203-226.
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MANAGEMENT7 Royer, H., Stehr, M., & Sydnor, J. (2015). Incentives, commitments, and habit formation in exercise: evidence from a field experiment with workers at a fortune-500 company.American Economic Journal: Applied Economics,7(3), 51-84. Staufenbiel, T., & Konig, C. J. (2010). A model for the effects of job insecurity on performance, turnover intention, and absenteeism.Journal of Occupational and Organizational Psychology,83(1), 101-117. Suleiman Awwad, M., & Kada Ali, H. (2012). Emotional intelligence and entrepreneurial orientation: The moderating role of organizational climate and employees' creativity.Journal of Research in Marketing and Entrepreneurship,14(1), 115-136.