Emotional Intelligence and Leadership Success in MNCs

 

Effective leadership has gained tremendous importance due to the inevitable role of leadership in shaping the society and quality of our lives. Leadership regardless of whether it relates to organizational, political, or religious contexts has been found to generate a substantial impact on the overall functioning of the entity due to the enormous power, control, and dominance exhibited by respective leaders that consequently determine the scope, direction, and success of their business. Anecdotal evidence suggests that in order to ensure success in undertakings and emerge as effective leaders modern leaders must understand emotions and psychologies of their peers and followers being responsive and ensure that rather than adapting a conventional aggression and dominance based approach they adapt a more cooperative, supportive, and empathetic approach strongly backed by emotional intelligence imperative for succeeding in a democratic setup. Modern leadership must aptly understand that practicing leadership in a democratic society requires incorporating varied perspectives, ideas, and emotions of people and responding to them in an appropriate, realistic, and creative manner so as to ensure best of good is achieved without losing the value and quality of leadership.

The concept and significance of emotional intelligence in leadership is on rise due to the need and inevitability of effectiveness in leadership functioning in a democratic setup. As majority of civilized societies globally are ruled by democratic form of leadership it thus implies that emotional intelligence backed leadership is indispensability today to obtain optimum value of leadership for societal welfare. This report aims to provide valuable insights on the significance, role, and necessity of emotionally intelligent leadership in context to organizational change management and innovation. 

Emotional Intelligence Defined

According to contemporary research on leadership, effective leadership in modern context implies application of leadership protocols through an emotional mechanism in a way that satisfies the needs of others, nurtures interpersonal relationship, and fosters work atmosphere. According to researchers effective leadership today ought to incorporate supportive behavior and optimistic outlook using emotional intelligence in order derive optimum workforce performance and reduced conflicts in work environment. The concept of emotional intelligence is gaining rapid significance across business organizations today due to the need for establishing team integrity, productive interpersonal relationships, and fostering workforce efficiency by implementation of desirable leadership behavior and traits.

Significance and Role of Emotionally Intelligent Leadership

Various studies have been carried out by different researchers to examine the role of emotional intelligence at workplace. There exist a strong inverse relationship between emotional intelligence of supervisors and occupational stress by. The author suggested that greater was the emotional intelligence lower was the occupational stress experienced by the workforce. The study further revealed that emotional intelligence was directly proportional to employee commitment towards their employer. This clearly emphasizes on the inevitability and importance of emotional intelligence backed leadership capable of delivering anticipated desirable outcomes. The outcomes of the study also simply implies that application of emotional intelligence by organizational leaders’ insured employee positive behavior towards employer, manifestation of desirable professional traits such as increased retention, organizational commitment, and improved tolerance levels which immensely aids in the process of change management and innovativeness. It is revealed that implementation of emotional intelligence immensely aided in fostering workforce diversity thereby allowing organizational managers to effectively and efficiently harness desired HR advantage by preventing cultural conflicts and attain optimized performances