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Leadership: Why You/Your Boss Lacks Emotional Intelligence…Whether You’re a Leader Now or May Become One, You Don’t Have to Succumb to This Trend

Over the past century, the heartless, no-nonsense CEO has become something of an icon—and a cliché—in American society. Hollywood would have us believe that the Machiavellian chief exec is still alive and well. Whether it’s the Donald from The Apprentice or Jack Donaghy from 30 Rock, these eat-the-weak-for-breakfast-types seem to be as powerful as ever.

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Have you ever seen the movie Office Space? Don't be that guy.

Have you ever seen the movie Office Space? Don’t be that guy.

Whether you’re a leader now or may become one in the future, you don’t have to succumb to this trend

But that’s just TV, right? How about in the real world? Do businesses today still allow these inhumane relics to survive?

To find out, we analyzed the emotional intelligence profiles of the million-plus people in our database—workers from the frontlines to the C-suite. We discovered that the answer is yes, organizations today do promote the emotionally inept … except when they don’t. Allow me to explain

just the facts_6

We found that scores climb with titles from the bottom of the corporate ladder upward toward middle management. Middle managers stand out with the highest emotional intelligence (EQ) scores in the workplace because companies tend to promote people into supervisory positions who are level-headed and good with people. The assumption here is that a manager with a high EQ is someone for whom people will want to work.

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But things change drastically as you move beyond middle management. For the titles of director and above, scores descend faster than a snowboarder on a black diamond. CEOs, on average, have the lowest EQ scores in the workplace.

The trick is, for every title in the graph above, the top performers are those with the highest EQ scores. Even though CEOs have the lowest EQ scores in the workplace, the best-performing CEOs are those with the highest EQs.

The higher you go above middle management, the more companies focus on metrics to make hiring and promotion decisions. While these bottom-line indicators are important, it’s shortsighted to make someone a senior leader solely because of recent monetary achievements. Even worse than metrics, companies also promote leaders for their knowledge and tenure, rather than their skill in inspiring others to excel. Companies sell themselves short by selecting leaders who aren’t well-rounded enough to perform at the highest levels for the long term.

Once leaders get promoted they enter an environment that tends to erode their emotional intelligence. They spend less time in meaningful interactions with their staff and lose sight of how their emotional states impact those around them. It’s so easy to get out of touch that leaders’ EQ levels sink further. It truly is lonely at the top.

Whether you’re a leader now or may become one in the future, you don’t have to succumb to this trend. Your emotional intelligence is completely under your control. Work on your EQ and it will boost your performance now and ensure that you don’t experience declines as you climb the corporate ladder. Even if your employer promotes you for the wrong reasons, you’ll still outperform your contemporaries.

To help you get started, here are five of my favorite EQ-boosting strategies for leaders. They apply to anyone, so give them a try, even if you’re not a leader.

Acknowledge Other People’s Feelings

Assertive, action-oriented executives don’t exactly ignore other people’s feelings. What they tend to do instead is to marginalize them or “fix” them so that they don’t get in the way of action. While some have suggested that this is a predominantly male problem, it can more accurately be described as a “power problem.” People who fail to acknowledge other people’s feelings fail to realize that lingering emotions inhibit effective action. So the next time you notice someone on your team expressing a strong emotion, ask him or her about it. Then listen intently and play back what you have just heard in summary form. By validating their emotions, you’ll help them feel understood so that they can move forward without hindrance.

When You Care, Show It

This might be the easiest thing you can do—as long as you actually do it. Good leaders always notice when people on their teams are doing good work, but they don’t often show it. When you appreciate something that another person does, let him or her know about it. Even a quick email or pat on the back goes a long way in this regard. There are people who do great work around you every day. Don’t put off letting them know how you feel about it. Your praise will build fierce loyalty and inspire your people to work even harder.

Watch Your Emotions Like A Hawk

The techniques above are extremely effective, but both require an awareness of your own emotions in the moment. You may think you have a world-class poker face, but if you’re like the average executive, your weakest self-awareness skills are “understanding how your emotions impact others” and “recognizing the role you have played in creating difficult circumstances.” In other words, you would become a much more effective leader if you obtained a better understanding of what you feel, when you feel it. Practice this by taking notice of your emotions, thoughts, and behaviors just as a situation unfolds. The goal is to slow yourself down and take in all that is in front of you, so that you can understand how your emotions influence your behavior and alter your perception of reality.

Sleep

I’ve beaten this one to death over the years and can’t say enough about the importance of sleep to increasing your emotional intelligence and improving your relationships. When you sleep, your brain literally recharges, shuffling through the day’s memories and storing or discarding them (which causes dreams), so that you wake up alert and clear-headed. Your self-control, attention, and memory are all reduced when you don’t get enough—or the right kind—of sleep. Sleep deprivation also raises stress hormone levels on its own, even without a stressor present. The pressure that leaders are under often makes them feel as if they don’t have time to sleep, but not taking the time to get a decent night’s sleep is often the one thing keeping you from getting things under control.

Quash Negative Self-Talk

A big step in developing emotional intelligence involves stopping negative self-talk in its tracks. The more you ruminate on negative thoughts, the more power you give them. Most of our negative thoughts are just that—thoughts, not facts. When you find yourself believing the negative and pessimistic things your inner voice says, it’s time to stop and write them down. Literally stop what you’re doing and write down what you’re thinking. Once you’ve taken a moment to slow down the negative momentum of your thoughts, you will be more rational and clear-headed in evaluating their veracity.

You can bet that your statements aren’t true any time you use words like “never,” “worst,” “ever,” etc. If your statements still look like facts once they’re on paper, take them to a friend or colleague you trust and see if he or she agrees with you. Then the truth will surely come out. When it feels like something always or never happens, this is just your brain’s natural threat tendency inflating the perceived frequency or severity of an event. Identifying and labeling your thoughts as thoughts by separating them from the facts will help you escape the cycle of negativity and move toward a positive new outlook.

Travis co-wrote the bestselling book Emotional Intelligence 2.0 and co-founded TalentSmart, the world’s #1 provider of emotional intelligence tests and training, serving 75% of Fortune 500 Companies.

 

Forbes.com | January 6, 2015 |  Travis Bradberry

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Leadership: Business New Year’s Resolutions Every Manager/CEO Should Make…Most are Personal Resolutions as 2015 begins ,but What About our Professional Ones?

The act of setting new goals and resolutions permeates everyday culture during the year-end holiday season. Television and radio commercials, not to mention social media posts, remind us to make our personal resolutions as 2015 begins – but what about our professional ones?

man-on-staircase

The New Year can offer Managers/CEOs a powerful catalyst for business growth. The only question is which goals to set. For Managers/ CEOs who are unsure, here are three New Year’s resolutions that I have selected for my company in previous years that can benefit any business regardless of age and industry:

1. Work with key company data throughout the year

It may be tempting to only review all of your startup’s key operating metrics a few times per year, but this can make it difficult to foresee what changes might be needed before it is too late. Try to implement systems that will help you detect issues as they arise so that you can take action before a small spark becomes a wildfire. Consider:

  • Investing in data analytics and IT. This way, you can view daily, weekly, and monthly reports on those metrics that affect your business most. Ask yourself, “Is there a way I can tell how my company is performing – at this very moment – with just the click of a button?” What programs and strategies come to mind? How can you begin using them?
  • Developing your analytical and quantitative skills. You may not comprehend every mathematical formula involved in the creation of your business projections – but you should. Aim to understand the projections themselves and what action items can be taken, as well as the mathematical formulas behind them that led you to those projections. For example, how could you increase your client conversion rate? What are typical conversion rates for companies in your industry? Challenge yourself with exercises such as taking your product/service and determining the total costs that go into producing that item. Then, look line item by line item and ask yourself if there are any inputs that you can acquire at a lower cost, thereby increasing your margins.
  • Identifying milestones for the year ahead. For example, if your goal in 2015 is to double your 2014 revenue, what milestones does your startup need to reach each month or each week? Once you have identified the milestones, put systems in place to help you track progress toward those goals. Breaking down a big lofty goal into smaller milestones will also help your team members achieve a sense of progress along the way as each milestone is reached. These are often called “departmental goals” and they allow each team member to take ownership of a particular area of the business. If you hit most of your departmental goals, the annual high-level company goals are almost always achieved.

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2. Get to better know your customers

Understanding your clients is one of the best ways to improve your product or service. Personal touches, like remembering subtle nuances of an individual’s preferences, can be an effective way to set yourself apart from others in your industry. But there are also more general client aspects to pinpoint, including:

  • Pain points. A customer’s pain point is the problem that he or she hopes to solve. Once you identify your client’s pain point, you can build a product or service that effectively addresses it. Think about additional pain points that your customers may be facing, beyond what your current services/products address. Consider, for example, the increase in usage of mobile check deposits. This feature lets you take a picture of a check using your smartphone and then directly deposit it into your bank account. For customers, this saves them the time and hassle of having to drive to a bank location – and for banks, this lets them have the deposit into their accounts much quicker. Features like these increase the “stickiness” of your product and make it less likely that a customer will leave you for a competitor.
  • Needs. What are your customer’s specific needs? For instance, does your client consider cost the most important pain point? Or is it speed? If it is speed, it may be advantageous for your company to offer on-demand services. In my business, for instance, we can deliver online tutoring faster than we can in-home tutoring, and so an online tutoring platform helps us meet better meet our clients’ urgent / last-minute needs. Every business likely has some consumers that will highly value the time to receiving service and make it a key aspect of their purchase decision (see Uber, TaskRabbit, Porch, etc. as examples of companies that have benefited from addressing this need for their clients). If you understand the extent to which your customers value different product attributes, you can enhance and change your product to better address their particular needs. Surveys and focus groups (even informal ones) can greatly enhance your understanding of your customers and what they want.
  • Objectives. You can think of your customer’s objectives as his or her goals. A client’s objectives may extend beyond solving a pain point – for example, a customer’s pain point might be that his or her car’s transmission is broken. The objective is therefore to have a reliable car for daily commuting and travel. Helping your customer achieve that objective can differentiate you from your competitors. For instance, you could help to identify a rental vehicle while the car is undergoing repairs, or you could decide that the car is not worth repairing and recommend that your customer purchase another vehicle as soon as possible and then assist in that transaction.

3. Focus on what truly matters to the growth and sustainability of your company

If you often find yourself mired in paperwork or other tasks that are not directly related to leading your company, consider delegating some of those tasks more frequently. As the CEO, how can you maximize the return on each hour you invest in your business? In other words, how can you best spend your limited time? You might periodically ask yourself, “Is my company ready for someone other than me to do X?”

With that question in mind, try to keep an eye out for those candidates who can assume the responsibility of key tasks, both externally and internally. One possible idea is to create an internal system that allows your team members to take on additional responsibilities as they develop. As your staff grows in experience and skill level, your business will grow as well. Engage your team members’ abilities and align their efforts, and they will likely help you achieve a level of success well beyond what you could have reached by yourself or without leveraging their full skill sets.

The New Year is the perfect opportunity to recommit to those factors that matter most to your business success. Whether you choose to emphasize data-driven analysis, knowledge of your customer, a focus on growth and sustainability, or all three, good luck with your 2015 resolutions!

Chuck Cohn is the CEO and founder of Varsity Tutors, a technology platform for private academic tutoring and test prep designed to help students at all levels of education achieve academic excellence

 

Forbes.com |  January 2, 2015  |  Chuck Cohn