What are EQ and IQ?
The Importance of Emotional Intelligence: Emotional IQ or EQ is the ability to recognize emotions and manage them appropriately. Emotional Intelligence or EQ, on the other hand, is the ability to understand others’ feelings and emotions, and to use that knowledge to effectively communicate and work together with others. EQ helps you be a good friend and helps you to connect with others, often instinctively.
People who have high EQ are able to read others and tailor their behavior to the situation, to get into a situation, perceive the emotional state of others and pick up on cues they leave, see the relationship between yourself and others, be non-confrontational and show empathy, think about the “big picture” in situations and build and sustain positive relationships.
Furthermore, people who have good EQ have the ability to read the signals that other people are sending and adapt accordingly. Feeling comfortable with your own emotions and those of others is a key skill for most job requirements in today’s world. Even if you’re not sure how to handle an angry, overly emotional client, you can still help them to feel comfortable and heard.
Moreover, “IQ” is a complex and highly subjective concept. A common definition is a score on a test designed to test “concise knowledge of math and science.” The fact that IQ is a complex measurement, and most people consider it a marker of intelligence and ability, makes understanding EQ challenging for many individuals. That said, several tests exist to test both IQ and EQ, and therefore they can be objectively measured. The American Psychological Association’s Office of Educational Research conducted an in-depth study on the use of IQ tests in America. It determined that IQ scores range from 120 to 130, with about 55% of U.S. students scoring between 130 and 140. Researchers at Stanford determined that about 90% of test-takers with IQs between 130 and 150 qualify for the top 10% of test-takers.
The Impact of EQ and IQ
Researchers have found that on average, IQ does correlate with performance in school. There are certain professions that demand an IQ above an average, but most jobs that require emotional intelligence require an EQ above an average.
The Importance of Emotional Intelligence
It’s a hot topic nowadays. “Emotional intelligence is the key to success in almost any field,” says Steve Porter, author of Get Real: Why Emotional Intelligence Is Your Secret to Success. “If you want to be the president, you need emotional intelligence. If you want to be the head of Microsoft, you need emotional intelligence.” Emotional intelligence can be defined as having the ability to be aware of and manage your own emotions and the emotions of others. People who can understand and experience their own and others’ emotions, as well as read them and take appropriate action, stay calm under pressure, have empathy and a caring attitude toward others, are the most successful.
Many business owners think EQ is not important in the workplace and would rather have a smart leader with an IQ above their IQ. But they’re wrong. The smartest companies are doing what they can to promote emotional intelligence, and research from Harvard Business Review has proven it. Harvard’s Michelle Thiagas Harris wrote, “The team with the highest EQ is 80 percent more likely to have a better return on equity. The team with the highest IQ has a 30% lower chance of having a higher return on equity. EQ scores are also related to the likelihood of firms hitting profit goals. If your EQ score is high, you’re also more likely to have better integrity, and you’re less likely to have an ethical lapse.
What Can You Do To Improve Your EQ?
Here are a few ideas: Make time for family dinners. This will help you to spend quality time with family members and develop relationships. It’s an amazing opportunity to share your opinions on how things should be done or what’s bothering you. Be patient and understanding with others. Pause, think about your words and say them in a gentler way. Remember that people’s feelings are affected by your words. If you can manage your own emotional reactions, you can also manage the emotional response of others. Be mindful when you talk. This doesn’t mean that you have to sit there and be silent. But don’t let your thoughts control your mouth. Make it a goal to stop every conversation when you’re feeling too angry or too happy or too disappointed.
Conclusion: The Importance of Emotional Intelligence
The importance of emotional intelligence for your business cannot be overemphasized. It’s your only hope. To be profitable, you must not only look at your bank balance, you also have to look at your profitability level. You need to make sure that your business matches your lifestyle. If you do not prioritize your needs and wants, you can’t expect your business to perform optimally. Even in a recession, with every country looking for better ways to cut costs, you need to ask yourself how your business can cut costs. Efficiency is the key to survival. Emotional intelligence will give you that edge. The rise in well-developed personal qualities and skills under the banner of EQ, as well as globalization, have opened doors to businesses that were otherwise closed.
An IQ test just shows you how smart you are at picking up information, but EQ allows you to understand how people are reacting to what you’re saying and helps you understand the context of how they’re saying it. Both of these aspects of us are extremely important in life because understanding other people’s emotions help you understand their needs, interests, and goals, and puts them in perspective.
Furthermore, EQ is about choosing your attitude. Not every situation is going to be filled with sunshine and rainbows, and not every conversation is going to be filled with fireworks. As a parent, you can’t act like the world’s an awesome place all the time. And that’s OK. You have to be willing to admit when you’re in the wrong, so you can improve and change. A child learns best when they sense your confidence and security in them. You can’t create that by spewing negativity out at them all the time. Likewise, when you act and show your child that you trust them, they will have a better grasp of their emotions, as well as how to respect your feelings. Empathy and a desire to understand others’ feelings is a skilled child to grow up with, whether their parents are emotionally intelligent or not.