EMOTIONAL INTELLIGENCE AND CORPORATE SECTOR

Businesses have come a long way from being perceived as a mechanical setup, where a group of individuals used their knowledge about market conditions and finances to earn profits. Today, the role of an individual's emotional state on his professional success is being widely recognized. Studies have revealed that it is not just a high intelligence quotient that is required to be a successful businessman. Rather, individuals who have a high emotional intelligence are found to make better leaders and decision makers, and hence, the most successful professionals.Over the past two decades, the importance of emotional intelligence in the Indian corporate sector has been significant .It is observed that it is not the smartest people that are the most successful or the most fulfilled in life ,there are probably people who are academically brilliant and are socially inept and unsuccessful at work or in their personal relationships. When we talk of corporate sector it’s not that IQ and technical skills are irrelevant. They do matter, but mainly as “threshold capabilities”; that is, they are the entry-level requirements for executive positions. There is only one area which a business – or any organisation – needs to address if it wants to lift itself from averagely successful to excellent: emotional intelligence. Emotional intelligence at work is about how people and relationships function:Relationships between colleagues, between directors and staff,Relationships between the organization and its customers, stakeholders, suppliers, competitors, networking contacts, everyone.This paper on “EMOTIONAL INTELLIGENCE AND CORPORATE SECTOR’ gives introduction of EI with special reference to corporate world,identifies the major aspects of EI, its importance for business leaders ,characteristics of high EQ leaders, EQ competencies that relate to workplace success and finally how to improve EI.