Emotional Intelligence for Success: Business Development Strategies

This essay delves into the concept of emotional intelligence (EI) and its significance in the business world. It defines EI as the ability to understand and manage emotions effectively, reducing stress and fostering positive relationships. The essay explores the advantages of EI, such as improved communication, decision-making, and the ability to build strong social connections, while also acknowledging its potential disadvantages, like manipulation and time consumption. It further examines how EI positively impacts professional life, enhancing motivation and collaboration. The essay concludes by discussing practical ways to improve EI, such as self-observation and understanding personal motivations, providing a comprehensive overview of EI's role in achieving business success. The essay is supported by references to academic journals and books, which provide insights into the various perspectives on emotional intelligence and its application in business.

Development for
Success in Business

Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
Books and Journals.................................................................................................................6

INTRODUCTION
Emotional intelligence can be defined as the capability of the person in order to understand
and effectively manage all the emotions in such a way so that the stress level and the other
problems can be reduced. It is a very critical concept as it plays a major role in the life of the
individual. It helps to analyse the emotions of an individual and how they react in the different
situations (Bakar, Jaafar and Muhibudin, 2019). It is one of the most effective ways in order to build
healthy and prosperous relations with others. It provides the individual to think effectively in the
challenging situations. Along with this it also plays a role in the professional life of the
individual as by using their emotions in a positive way, they can build and maintain good
relations with their colleagues in the workplace and they can make a positive environment. These
qualities of the individual facilitate them to stay motivated and encouraged towards their work.
In this essay there will be the analysis of the concept of the emotional intelligence. Along with
that various advantages and disadvantages of this concept will also be evaluated. At the end
various ways will be discussed in order to improve the emotional intelligence of the individual.
MAIN BODY
Emotional intelligence can be defined as a capability of the individual in order to recognise
and analyse their own emotions and it also includes how much an individual is able to influence
the emotions of others. It is a very wide concept as it includes the emotions that can be driven in
a positive as well as in a negative way. It is a very important concept that each and every
individual should perform effectively because it helps to improve the communication process
and facilitates in reducing the stress level of the person (Batra, 2018). Applicability of emotional
intelligence in a positive way helps an individual to eliminate various challenges and overcome
different kinds of problems so that an individual can perform their functions in an effective way.
In relation to the organisations emotional intelligence plays a major role in the life of employees
because it helps them to make effective relationships at the workplace through which they can
achieve their goal in an effective manner. Emotional intelligence is directly linked with the
feelings that an individual possesses because it encourages an individual to become more
successful and take effective decisions regarding their career. It is a very important concept that
can help individuals in various ways when they are performing as a coach or working in a team.
While an individual tries to build healthy relationships with others, emotional intelligence plays a

major role in influencing the behaviour of other people in a positive way so that effective
relationships can be built.
Emotional intelligence can also be referred to as how an individual deals with their own
feelings. There are various advantages and disadvantages that are present of emotional
intelligence that helps individuals to analyse the impact of it in their lives. One of the main pros
of emotional intelligence is that it helps the individual to build social relations with the other
people in the society. When an individual effectively understands the emotions of the other
people it helps them to improve their relations and influence the behaviour of the people in a
positive way so that relations can be built. Another main importance of emotion intelligence is
that by undertaking this individual makes decisions in a very effective and fast manner (Redda
and Turner, 2018). Each and every aspect of the situation is evaluated by an individual and then
decisions are being taken in an emotional way which shows logic. Another main advantage of
the emotional intelligence is that the individuals who have built emotional intelligence qualities
and skills are more likely to be lead life in a positive way. When an individual thinks effectively
about their own life, it helps them to stay away from all the destructive behaviour of the society
that can harm them in the future. Emotional intelligence facilitates in reducing the engagement of
individuals in destructive behaviour such as smoking, drinking, violence etc. because by
exercising emotional intelligence in a positive way individuals can analyse what is right and
wrong to do.
With the advantages of emotional intelligence there are various disadvantages that harm
the individual. One of the main cons of emotional intelligence is that sometimes individuals
influence the behaviour of the other person in order to do unethical activity. It can promote
bullying in society because some people intend to do activities that are not good for society.
Another main disadvantage of emotional intelligence is that it reduces or prevents some people
in order to use their skills and knowledge and effectively (Skadina and Zvirgzdina, 2021). Upper
level of the people sometimes put pressure on the subordinate in order to present their skills in a
specified manner through which logical thinking automatically decreases and the ultimate goals
and results are not achieved. Another disadvantages that emotional intelligence contains is that it
can be used in order to gain personal advantages. It can be used in a way in order to manipulate
the other persons for the self-benefit because through this they manipulate the emotions of other
people so that desires of them can be fulfilled. This can create so much negative effect on the life

of the individual. Emotional intelligence is a very wide concept and it takes so much time to
build these skills in the individual. It is a very time-consuming process because it takes so much
times to build the decision-making qualities.
There are various ways that an individual can improve their emotional intelligence as one
of the most important ways that an individual should observe how they behave. It is very
important for the individual to analyse their behaviour and emotions in a specific situation.
Another main aspect is that the individual should undertake the negative aspect of the emotions
that can create challenges for the individual to make healthy relationships with others (Matharu
and Juneja, 2021). In order to develop effective emotional intelligence skills an individual should
understand what motivates them through which they can potentially perform. It will helps them
to build effective emotional intelligence skills.
CONCLUSION
From the above report it has been analysed that emotional intelligence is a very critical
concept that an individual should consider in order to become more successful. It has been
evaluated that it helps an individual to build an effective relationship with the other people. In
the above essay, the concept of emotional intelligence has been undertaken in a very described
manner. Along with those various advantages of emotional intelligence have been analysed that
facilitates the individual to make an effective decision regarding their career. Also, it helps them
to critically think about a specific situation. On the other hand, various disadvantages have also
been evaluated that creates challenges for the individual. At the end various ways have been
discussed through which individuals can improve their emotional intelligence skills.

REFERENCES
Books and Journals
Bakar, S.P.S.A., Jaafar, M. and Muhibudin, M., 2019. Intensifying business success of
Malaysian housing development firms through entrepreneurial learning. Journal of
Engineering, Design and Technology.
Batra, D., 2018. Agile values or plan-driven aspects: which factor contributes more toward the
success of data warehousing, business intelligence, and analytics project
development?. Journal of Systems and Software, 146, pp.249-262.
Matharu, S.K. and Juneja, D., 2021. The influence of perceived motivational factors on success
of women-driven ventures and their contribution in economic development. Vision,
p.09722629211008268.
Redda, Y. and Turner, R., 2018, September. Mapping the success dimensions of large oil and gas
projects. In SPE Annual Technical Conference and Exhibition. OnePetro.
Skadina, H. and Zvirgzdina, R., 2021. Methodology of creating success criteria within the
business model for sustainability reasons. International Journal of Economics and
Business Research, 21(3), pp.360-369.