Business Executives Rank 'Emotional Intelligence' More Important Than Traditional Leadership Attributes, Men and Women Equal in Rating Their EI.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif. -- New Studies Provides Valuable Data to Support Role of Emotional Intelligence In Developing Effective Leaders For Success In Today's Business Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002. World Two ground-breaking research studies released today find that experienced business leaders rank Emotional Intelligence capabilities as critical to the success of today's leaders. The research studies titled "What Makes A Successful Leader" and "Leaders Speak Out On Emotional Intelligence," were conducted by three experts in the field of Emotional Intelligence and personality type. The first report finds that Emotional Intelligence competencies (such as vision, building relationships and developing people) are more important to leadership success than typical leadership competencies, such as external/market orientation, financial acumen acumen Astuteness, perception, perspicacity and planning. The second study is unique in describing how leaders view, value, and develop their own Emotional Intelligence. These studies, the first two in a series of three to be released this year, surveyed nearly 270 corporate executives, directors, managers, business owners, and consultants. "This research goes a long way in explaining how leaders think about Emotional Intelligence and its development," says Beth Benjamin, PhD, a Director of the Center for Leadership Development & Research at Stanford Graduate School of Business The Stanford Graduate School of Business (also known as Stanford Business School or Stanford GSB) is one of the professional schools of Stanford University, in Stanford, California. It is one of the leading business schools in the United States. . "Emotional intelligence is a fairly new field and we know relatively little about how best to develop the Emotional Intelligence of working adults. This study provides unique information on which aspects of EI are often overlooked by practicing leaders, and how these leaders believe EI can be developed most effectively. The findings should be useful to anyone concerned with strengthening the capabilities of their leadership talent." Significant Findings Research Study #1: "What Makes A Successful Leader" Participants in this study were asked to evaluate a set of standard leadership attributes, including both Emotional Intelligence attributes, such as relationship-building and self-awareness, and non-Emotional Intelligence leadership attributes, such as execution and financial acumen. Significant findings: --Vision topped the list of critical leadership competencies - across nearly all levels, experience, and personality types. Also ranked in the top five are Strategic Thinking, Relationship Building, Execution and People Development. --Emotional Intelligence attributes are viewed as essential to successful leadership, especially the complex capabilities of Vision, Relationship Building and People Development. --Of the remaining attributes, leaders rated all the EI competencies - including Adaptability, Optimism, Empathy, and Self-awareness - as more important than all other general leadership attributes presented. Study results include ratings by 265 leaders of 20 core leadership attributes. The study offers tremendous depth in analyzing differences by job classification and level, leadership experience, personality differences (Myers-Briggs Type Indicator Myers-Briggs Type Indicator Definition The Myers-Briggs Type Indicator (MBTI) is a widely-used personality inventory, or test, employed in vocational, educational, and psychotherapy settings to evaluate personality type in adolescents and adults age 14 (R)),and gender. Study #2: "Leaders Speak Out on Emotional Intelligence" --Most leaders believe Emotional Intelligence is about Reading People and Relating Effectively with them, and being Emotionally Self-Aware and Using Emotions Wisely. --Nearly all leaders believe Emotional Intelligence can be developed. And most leaders offered recommendations for how EI can be developed. --When leaders describe how they develop their own EI - in contrast to when they recommend in general how EI can be developed - they are far more likely to mention Training and Solo Development Activities (e.g., reading, journaling, meditation), and far less likely to mention Self-Awareness and Intention. Leaders of different personality types (MBTI MBTI Myers-Briggs Type Indicator ) develop their EI quite differently. --When asked to rate their own Emotional Intelligence, participants rated themselves generously: Average (19%), Above Average (54%), or Superior (25%). Leaders with the most experience and those who say they participate in coaching and training are most likely to rate their EI highly. Those who say they do nothing to develop their EI are most likely to rate themselves as Average. --Gender does not matter, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. these research findings. Men and women provided similar answers in describing EI, how it can be developed, how they develop their own EI, and how they rate their own EI. Implications for Leaders of Today Business executives who participated in the survey or who've reviewed the results of the research have stated that the findings have wide-spread implications for business leaders. "Emotional Intelligence plays a huge role in how I manage my group of more than 40 software engineers," said Dan Bernstein, director of software development for the Scientific Instruments Division of Thermo Electron Thermo Electron Corporation (TMO (NYSE)) (incorporated 1956) is a major provider of analytical instruments and services for a variety of domains. Thermo has revenues of over $2 billion, and employs 11,000 people in 30 countries. Corp. "I was fascinated by the strong consensus among leaders that three of the top five leadership levers are Emotional Intelligence attributes. These studies validate my own views of what works well as a manager and leader in an organization, and I can see this research data being very useful across a wide variety of organizations." According to one of the co-authors of the studies, this research provides valuable information that business executives can use to optimize their potential for successful leadership. "We learn from these studies the specific competencies leaders across industries can adopt to increase their potential for success in today's challenging business environment," says Julie M. Brown, a former hospital CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and one of the study's co-authors. "These studies outline the varying strategies people with different MBTI preferences can use to enhance their own Emotional Intelligence capabilities. The study also demonstrates, for the first time, that leaders at all levels are open to developing Emotional Intelligence, but they talk about it quite differently than do many consultants and EI theorists. And, it shows us we must loosen our assumptions about gender differences in attitudes on leadership. Men and women answer questions about EI with astonishing a·ston·ish tr.v. as·ton·ished, as·ton·ish·ing, as·ton·ish·es To fill with sudden wonder or amazement. See Synonyms at surprise. similarity." About This Study For research questions or for more detailed findings and implications, you may contact any of the authors. Executive summaries are available at http://www.ideashape.com/leadership-research.htm The third report, scheduled for release in October, will address how leaders rate themselves on various aspects of Emotional Intelligence. In addition, the report will further describe the leadership attributes that emerged from statistical analysis of the findings and how they relate to current literature on leadership and Emotional Intelligence. Authors This study is co-authored by three experts in the fields of Emotional Intelligence, personality type, and leadership development. Each author contributes a distinctive point of view based on nearly 20 years of experience in helping leaders and companies become more successful. Julie M. Brown, MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration , MPH Ms. Brown is the principal of Julie M. Brown and Associates, which provides management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects services in the areas of operational performance improvement and leadership development. Ms. Brown uses her experience as a former hospital CEO to support clients navigating the whitewaters of organizational change. Her expertise includes strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , business plan development, project implementation, team building and human resource development. Past clients include Kaiser Permanente Kaiser Permanente is an integrated managed care organization, based in Oakland, California, founded in 1945 by industrialist Henry J. Kaiser and physician Sidney R. Garfield. , the Federal Home Loan Bank, UC Berkeley, ARAMARK, The Children's Health Children's Health Definition Children's health encompasses the physical, mental, emotional, and social well-being of children from infancy through adolescence. Partnership and the University Medical Center-Tucson. Ms. Brown earned her Master's degrees master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in Business and Public Health, as well as Bachelors degrees in Psychology and Social Welfare from UC Berkeley. Contact: Lavieboehm@aol.com, 650-571-6690. Sharon L. Richmond, MBA For nearly 20 years, Sharon has helped executives build the culture, structure, leadership, and capabilities crucial to their organization's success. Her firm, Richmond & Associates Consulting, specializes in building high-performance leadership teams and agile, competitive organizations. She has consulted with senior-level leaders at Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , DHL DHL abbr. 1. Doctor of Hebrew Letters 2. Doctor of Hebrew Literature , Pacific Gas & Electric Company, Roche, and Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. as well as with executive teams at early-stage companies and non profit organizations. Sharon is a senior facilitator in the Interpersonal Dynamics program at Stanford Business School, and has taught through their Executive Education program. Ms. Richmond earned her MBA from Stanford Graduate School of Business and her BA from Duke University. She currently chairs the Western Region of the Association for Psychological Type. Contact: sharonrichmond@mindspring.com, 650-856-8687. Pam Fox Rollin, MBA Ms. Rollin specializes in helping executives and teams make the most of their strengths and differences, so they can achieve high performance. She founded IdeaShape Coaching & Consulting, which provides leadership programs, professional coaching, custom 360s, in-depth assessments, and organizational consulting. Clients include Autodesk, Accenture, Charles Schwab Charles Schwab can refer to:
Ms. Rollin earned her MBA from Stanford Graduate School of Business and her BA in Organization Studies from the University of California, Davis The University of California, Davis, commonly known as UC Davis, is one of the ten campuses of the University of California, and was established as the University Farm in 1905. . Contact: pam@ideashape.com, 408-245-2600. |
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