Better EQ in leadership yields results in all industries
Change often leads to an impact on the work environment. But there is an effort that many overlook: to utilize emotional intelligence, which is strongly connected to decision-making, flexibility, conflict management, and self-awareness. These qualities are often crucial for driving effective leadership.
STOCKHOLM, May 31, 2023 /PRNewswire/ -- Emotional intelligence is a concept that was introduced about 20 years ago. Since then, many companies have been working with EQ as a tool, and it has shown results. EQ Europe's review of reports and research in the field, along with EQ Europe's collective experience, demonstrates that investing in EQ yields results in various industries. Here are some examples:
- In most jobs, 40-60% of success factors are tied to EQ, and for leaders, it can be as high as 85%.
- By introducing EQ, a global hotel chain increased its market share by 23%, reduced employee turnover by 20%, and saw a 10% increase in customer satisfaction.
- For banks, customer loyalty is a critical success factor. Investing in EQ resulted in a 5% improvement in customer retention, doubling the margins.
- Companies in the finance industry that invested in EQ experienced a direct increase in the number of deals and pipeline opportunities for each advisor/salesperson who underwent the program.
- Restaurants led by managers with higher EQ showed 22% annual growth compared to the average 15% (i.e., 34% higher).
The most in-demand programs right now are EQ FOR LEADERS and EQ FOR IT/TECH.
"We are happy to share more about how you and your company can embark on the journey of creating an EQ culture that enables managers to be effective leaders and allows employees to feel passionate about their jobs and perform at a high level, which is often required in today's society," says Jenny Westergård, CEO of EQ Europe.
Please read more about what one of our customers thought about their participation in the EQ coaching program for their personal development:
EQ skills such as self-esteem, stress management, adaptability, and social awareness can be measured and developed.
Listen to Margareta Sjölund, PhD, psychologist and founder of EQ Europe and Kandidata Asia, about the importance of measuring how investments in emotional intelligence turn out in companies:
Why measure EQ in your company? (Film subtitled in English)
For more information, please contact Jenny Westergård, CEO of EQ Europe, at jenny@eqeurope.com or +46 (0)70 763 30 11.
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