Livia Jenvey | July 20, 2020
We all can't deny 2020, has been a year like no other. As we head into the second half of a still very uncertain year. Having enough financial capital on hand as you navigate these uncertain waters of the future economy is vital.
However, as a business leader, have you reviewed how your human capital is doing?
An organization's human capital is critical to a business. These are the individuals within your company that perform their day-to-day tasks for achieving your financial profits year-after-year. Now more than ever, it is important for a business leader to harness emotional intelligence on how their teams are performing.
Understanding how to support your workforce by having empathy for how they are handling the challenges we face will provide you an advantage going forward.
Empathy in an organization increases business income. When a leader has high emotional intelligence and is empathetic to their workforce, studies show team engagement increases, performance enhances, and productivity grows.
To be able to mitigate financial downfall for your business during this uncertain time, a leader who's ability to lead with high emotional intelligence is vital.
If emotional intelligence is something you're unfamiliar with or a little rusty, I would highly recommend checking out the world's most popular emotional intelligence book by Travis Bradberry & Jean Greaves called Emotional Intelligence 2.0.
The authors share a step by step program for increasing ones emotional intelligence through four core EQ skills:
Understanding and mastering these four core EQ skills will enable you to achieve higher performance in your organization.
When there is much uncertainty in the economy, even little shifts in how you lead your organization matters. Which is why adding even a small enhancement in how you share empathy to your team will help your business survive and even thrive in uncertain times.
Consider today as a business leader to enhance your emotional intelligence in how you lead your workforce. Doing so today will provide you the extra leverage for gaining favorable results during the second half of this year.
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