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The ROI of Emotional Intelligence

The ROI of Emotional Intelligence

The Impact of Emotional Intelligence

Emotional intelligence has become a must have skill and critical basis for strong leadership.

Daniel Goleman, who popularized EI, describes emotional intelligence (EI) as a different way of being smart and cites it as a critical factor underpinning high performance and exceptional leadership. 

“It’s not your IQ; it’s how you manage yourself and your relationships.” – Daniel Goleman

Being an emotionally intelligent leader can pay dividends when it comes to inspiring teams, managing stress, staying focused, delivering feedback, empathizing with colleagues, and working together toward a shared goal.

And the benefits don’t stop there.

If you’ve ever wondered about the impact emotional intelligence can have on personal and professional development, consider these findings:

  • Studies show 90% of top performers have high emotional intelligence and a higher average annual income
  • Empathic leaders perform more than 40% higher in employee engagement, coaching, and decision-making
  • More than 95% of surveyed founders stated EQ (emotional intelligence) in leadership is more important than IQ
  • People with high levels of emotional intelligence earn an average of $29,000 more a year

Developing EI happens one person at a time — it starts with you and me — but our growth can be felt by the people in our life. Friends, family, and colleagues are all impacted when we practice emotional intelligence.

As a predictor of life success, EI has become one of the most highly valued and sought after skill sets, with no slowdown in sight. By 2024, global demand for EI skills is actually expected to increase by 6x.

The good news is the economic value and business case for EI has been well made.

Even better news? Emotional intelligence is both teachable and learnable.

If you’re ready to jumpstart your emotional intelligence journey, you can learn the 12 emotional intelligence (EI) competencies from Daniel Goleman’s EI model through a series of facilitated, six-week online courses: Foundational Skills and Relational Skills.

The EI skills included in the Foundational Skills Course: Emotional Self-Awareness, Focus, Emotional Self-Control, Positive Outlook, Adaptability, and Empathy.

The EI skills included in the Relational Skills Course: Conflict Management, Teamwork, Inspirational Leadership, Coach and Mentor, Influence, and Organizational Awareness.

These 12 competencies are crucial for developing your best self, becoming an outstanding leader, and building high-performance teams.

As part of an engaged cohort and led by a trained facilitator, you can join a community of peers and experts while learning the science behind each core competency, why they matter, and how to apply them to positively differentiate yourself, build deeper relationships, and pave a path toward fundamental transformation.

Grow your EI and earn a certified digital achievement badge while:

  • Developing one of the most in-demand and highly valued job skills
  • Mastering the underlying abilities that make stellar leaders
  • Achieving greater self-awareness, self-worth, and values alignment
  • Building positive relationships and meaningful connections

Invest in emotional intelligence today. Your future self will thank you.

Learn more about upcoming courses at courses.keystepmedia.com.

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Emotional Intelligence: The Backbone of a Better World

Elizabeth Solomon, Coach and Producer

We were four months into the COVID-19 pandemic when Hanuman Goleman called me up and asked me if I wanted to be part of a podcast with Daniel Goleman on Emotional Intelligence. I’m not sure there is a single thing that would have deterred me from saying YES… and so, even with a packed schedule and four kids in the house, I agreed before I knew the details. 

I have been working with Daniel Goleman for the past four years. As a certified Emotional Intelligence (EI) Coach, I use a curriculum based on his work to coach clients in developing their EI. An organizational psychology geek, I have also spent quite a bit of time zeroing in on purpose, talking with Dan at length about the role meaning and social good play in transforming our workplaces. 

Here’s what I know from my experience as a consultant, coach, and storyteller: Emotional Intelligence is the backbone of a better world.

Elizabeth Solomon

While EI has gained significant traction in the corporate world for the benefits it has on business, it’s implications go far beyond. It’s a roadmap for improving ourselves — a method through which we can change our perspective and our relationships. EI makes people better parents, better partners, and better citizens of the world. In this pandemic, it has proved invaluable. 

Over the past seven months, the most salients questions I have been asking myself are: “How did we get here? And “How do we vision and move towards something different?

While no one thing is the antidote to our current crisis, saying YES to a podcast on emotional intelligence is one way I seek to be a part of moving us beyond our fears and grief and into a place where we can begin to imagine a more equitable and resilient future. 

As a producer, writer and correspondent for First Person Plural, my goal is not only to support the work of Daniel Goleman — whose ideas have changed the way we understand emotional intelligence, focus, and leadership — but to bring you the voices and perspectives of people applying emotional intelligence on the front lines. 

If there is one thing I know it’s that the application matters more than the theory. 

We can talk all day about things like empathy, bias, self-management, and organizational awareness — but until we understand how these things are being applied from person to person and situation to situation — we really don’t understand the pitfalls and possibilities of the work. 

In the fall, our production team interviewed a regenerative farmer and a public school teacher. “How are they leveraging emotional intelligence?” we asked, “How does self and social awareness help them in their mission to give people access to good food and a quality education?” 

These are the things First Person Plural is looking at — how emotional intelligence and related concepts play out on the day to day. 

These are the conversations we need to be having.

Please support us in having them together. After all, you are a part of us and we are a part of you.  We all need to be a part of the conversation.

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Integrating Emotional Intelligence Into the Fabric of Our Lives

CEO Hanuman Goleman in his Home Office
Hanuman Goleman is seen at his desk with podcasting equipment, desktop computer and TV in the background.
Hanuman Goleman, Founder and CEO of Key Step Media, sits in his home office.

Dear Community,

I am pleased to announce a new chapter at Key Step Media: a podcast with Daniel Goleman on emotional intelligence!

Over the last few years, we turned our attention to widening access to practical emotional intelligence development by launching the training and coaching certification programs now housed under the company “Goleman EI” — programs which offer top notch EI programming for businesses and individuals.

Doing that work, we learned a lot: we reaffirmed the importance of EI; we watched hundreds of people benefit from concentrated EI training and coaching; and we connected to a deeper mission, which is to take this work as far as we can, well beyond the realm of leadership development and business.

This is why we are launching a podcast — First Person Plural: Emotional Intelligence and Beyond. Each episode will explore conscious and unconscious ways that our beliefs and ideas create the systems we are a part of. And in turn, we will look at the impact of those systems are on our daily lives. This podcast will go beyond EI theory, diving deep into the waters of how EI is lived and applied across cultures, industries, and communities of interest.

Why now?

From a growing annual fire season to widening income inequalities — from racism to a divided political landscape — the conditions we find ourselves in did not come out of nowhere. When I look at the world these days, much of what I see is the result of acting without self-awareness or regard for others. We are living the results of decisions, actions, and inactions that we, collectively, have either taken or tacitly endorsed.

This leads me to believe that now, more than ever, emotional intelligence must be integrated into the fabric of our life. If there is going to be change, we must first widen our understanding of ourselves and one another.

What’s the podcast going to be like?

My team and I are putting together a three-part podcast. In each episode you will hear from experts, game-changers and community members who will offer their thoughts on topics crucial to reinforcing EI in society. The structure for this podcast reflects my belief that it is imperative for us to have a clear conversation about the systems we are a part of — the networks and circumstances we live in willingly and unwillingly.

Systems dictate our choices. We must understand them and our role within them to create a more sustainable and just world.

When I reflect on the rise of an authoritarian mindset today in the US and around the world, I remember what my ancestors faced during the rise of fascism and Nazism in Europe.

I remember what marginalized communities have faced in the US all of their lives with the ongoing violations of their dignity and their rights.

Like so many others, I wonder “What can I do?” The scope of the situation is daunting.

Creating An Emotionally Intelligent Future

If emotional intelligence has taught me anything it is not to underestimate the power of shifting our mindset, even a little. From our mindset we begin to shift our behavior, allowing ourselves to take new actions in service of our deepest values — in service of our community!

Social change is a tall order for a podcast. But I do hope that First Person Plural can further the conversation, instill a sense of hope, and inspire action. I trust that, together, we can create a more emotionally intelligent future — one in which everyone is recognized and treated as valuable and given the resources to thrive.

I believe in humanity. I believe that we all want to thrive. When we pay attention, we can learn. We can find new ways to uplift us all.

As I write this I can hear my two children — home every day now — laughing in the background. Five and three, they bring tears to my eyes. I cannot do this podcast without thinking about the state of the world I want to see them grow up in.

There is hope. It is not over. We are still making decisions.

We are still creating the world that will become our future.

Thank you for being a part of this journey towards a wiser, kinder world.

Starting in November, keep an eye out for details about our podcast’s Kickstarter campaign. Scheduled to launch in early 2021, the first season will largely be funded by our incredible community supporters, like you. To learn more about the podcast, sign up for email notifications here.

With love,

Hanuman Goleman

Key Step Media Founder & CEO

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Adaptability: Change Your Relationship to Change

Scientists tell us the adaptive ability of any system is usually gauged by its response to disruptions or challenges. In the case of the human system, a.k.a. you and me, adaptive abilities mean you are a person who is flexible in handling change, juggling multiple demands, and navigating new situations with innovative ideas and approaches.  

Is This Me? 

Think about these statements, and choose A or B: 

  • A) I tend to think of change as bad. B) I tend to see change as an opportunity.
  • A) I dislike change. B) Some change can be worthwhile. 
  • A) I feel uptight when plans change at home or work. B) I find changes in plans energizing. 
  • A) I hate making adjustments in my routines. B) I make adjustments to routines easily. 
  • A) I feel threatened when a challenge arises. B) I like a challenge.
  • A) I often get “locked in” to an idea or approach to solving a problem. B) I’m open to new information when solving a problem.  

If you find yourself agreeing with most of the A statements, you may be someone who is uncomfortable with change. If you find yourself agreeing with more of the B statements, you may be more able to adapt as changes demand. 

Looking at your own beliefs and judgments can be an important first step toward greater adaptability. If you are fixed in your thinking, you may struggle against change rather than turning it into an opportunity. Learning to sit with discomfort amidst uncertainty is something every human can benefit from. 

An agile mindset is one that recognizes that adapting to change is the price of admission for living a meaningful life. Let’s face it, any time you try something new, you face uncertainty and there is risk involved. You never know exactly how things will turn out. For example, you may have to make a decision about whether to take a new job or stay where you are. There are no guarantees the job will be a good fit.  If it is, great! You took the leap and it paid off. If the new job isn’t great–you chalk it up to learning. You are wiser, you gain new skills, new connections, and you’re able to translate that into a better decision next time. The bottom line: change is difficult, uncomfortable, and at times downright painful. Our ability to effectively handle the discomfort of change improves through experimentation and repetition. 

Here’s how rigidity, the opposite of adaptability, can show up at work: Imagine an executive who quickly shuts down an idea suggested by a team member for a more tech-based system of project management that could increase productivity. The executive may not realize this “shut-down” reflex has become an unconscious habit, triggered by any suggestion of change, which results in his automatically coming up with reasons the new idea won’t work, rather than why it might. Such a habit keeps things as they are and squelches innovation. This lack of adaptability keeps inefficient practices in place, and, maybe worse, sends a message not to question the status quo. Over time, this results in stagnation, reduced passion, and energy and weaker financial results.

However, imagine if that executive had been more adaptable and asked the rest of the team how they feel about the new idea and whether it’s worth trying. If they express enthusiasm, the adaptable executive might give it a chance to see how it goes. If it works, progress is made. If it doesn’t, something useful could still be learned. There is acknowledgement that innovation and change carry emotional and financial outlays. And the emotional outlay can be lessened with an emotionally agile mindset. 

Adaptability is at the heart of innovation in any environment

People who demonstrate adaptability combine curiosity and problem solving skills to achieve their goals. Persistence leads them to try new behaviors or methods of getting things done. They are resourceful and creative, especially when budgets are tight. These key building blocks to adaptability–agility, persistence, and trying multiple strategies–are vital skills for success.

Increasingly, adaptability is a key differentiator of effective leadership in highly tumultuous industries, such as technology and finance. Leaders who show strong adaptability recognize that their industry is continually changing and are better able to evolve. They realize they can’t be stuck doing the same old thing over and over. They think creatively and take calculated risks. 

There are numerous case studies of once-thriving companies whose leaders were unable to embrace change, such as Blockbuster, Sears, and Kodak. Alternatively, we all know companies that make phenomenal examples of adaptability, including Apple and Google, who created new products we didn’t even know we needed. They were attuned to shifting trends and feedback from customers. 

Consider current workplace norms: teams are no longer fixed and steady, they form and disassemble; work is increasingly meted out in short-term contracts. And leaders are attempting to prepare a workforce for jobs that don’t yet exist. It should not be surprising then that employers are putting a high priority on the skill of adaptability.  

By staying adaptable and open-minded, you continue to reinvent yourself and experience significant growth along the way.

Keep in mind, there are times when there’s a good reason not to change, like preserving quality standards or time-tested effective strategies. The trademark of an adaptable leader, however, is the ability to balance core values with responsiveness in the face of a changing world.

Try this exercise for developing your adaptability

Think of a change in either your personal or professional life you have recently experienced or are currently experiencing. How do you feel about the change? How are you responding to the change? 

Here are some examples of situations that require adaptability:

We are launching a new service line. I’m excited about the possibilities it creates, but a little nervous about whether we’ve thought of everything. I’m doing significant research to position myself as an expert.

My daughter just turned 12 and is suddenly becoming moody and withdrawn, spending lots of time in her room and not talking to me or her Dad. I’m scared something might be going on that she’s not telling us.

Now, ask yourself a series of questions to help find a positive perspective on that change: 

  • What opportunities does this change represent? 
  • What positive outcome could I find in this change? 
  • What is outside of my control? 
  • What is within my control? 
  • What is the next (small) action I can take to move in a positive direction? 
  • What is the best outcome that might result?

Avoiding change is impossible. Instead we can change our relationship to change. We can learn to turn toward what scares us, and in turn, we gradually adapt and grow amidst uncertainty and discomfort in life.  

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Equality Starts with Emotional Intelligence

For over 40 years, governments have come together under the auspices of the United Nations (UN) to discuss how to build and sustain a healthy and productive environment for all. In that time, they have made great strides; for example, the number of people living in extreme poverty (income below the international poverty line of $1.90 per day) and maternal and child mortality have declined, while primary school enrollment figures have increased since the 1990s. But the work is far from finished. In 2015, the UN adopted 17 Sustainable Development Goals (SDGs) to mobilize a global effort to end poverty by 2030. However, achieving these 17, from inclusive and quality education for all, to gender equality, to inclusive, safe, resilient, and sustainable cities, requires more than policy–it necessitates understanding how human beings make decisions and work together.

Logically, few people would dispute the values of equality, justice, and security for all. Yet many express strong emotion when it comes to how to achieve these values, what those values actually mean, and who they serve–particularly if any actions may impact our individual well-being. Achieving world peace and equality might be impossible, but that improbability hasn’t stopped many from trying.

On May 19, Daniel Goleman and Michele Nevarez, took the stage at the UN alongside a group of passionate individuals to speak on the role of emotions and Emotional Intelligence (EI) in achieving the UN’s 2030 SDGs. This momentous occasion marked the first time emotions were the focal point of discussion on the floor of the UN–a result of the efforts of an unsuspecting intern, Fernando Restoy Rodriguez, whose own experience working with youth in Cambodia prompted an interest in EI.

While EI is not a one-stop solution to global peace (if it were only that simple), it is a critical component of leadership, relationships, and getting things done. In fact, the second Secretary-General Dag Hammarskjöld created a Quiet Room at the UN in the 1950s because he understood the vital importance of self-reflection, a key part of EI, in the heavy work of achieving global equality. However, this room stayed relatively unknown until meditation became part of the “cool” vernacular.

The reality is that we haven’t historically heard the word “emotions” used when it comes to geopolitics and treaties–other than it serving as a barrier. The training of diplomats and mediators typically involves learning how to unpack hidden agendas and unspoken needs for shared goals, but not the training of emotional regulation and awareness. If impasse and conflict, or worse, war, is presumably a result of emotions running high, the answer must be to remove them.

Yet we know from emerging science that emotions are inextricably connected to how we make decisions, how we communicate with others, and how we make sense of the world. Nobel Laureate scientist Herbert Simon notes that our emotions can skew our decisions and play a critical role in decision making. Our brain wants to keep us alive, and so we’re constantly trying to figure out whether what is happening around–and inside–us is going to hurt us. And when we try to make decisions that impact millions of people, it becomes even tougher to “remove” emotions. As a result, our intentions may not translate into the wisest decisions or desired goals. As Daniel Goleman notes in The Brain and Emotional Intelligence, “in order to make a good decision, we need to have feelings about our thoughts.” With Emotional Intelligence we learn to understand the feelings we have and their impact on decision making.

Individuals tasked with achieving world peace and equality come with the biases and agendas of their governments, their constituents, and their personal experiences. They are human, after all. The work is not easy, however, and we cannot begin to address world concerns if we are not aware of our own power and responsibility. A key component of EI in the efforts for global peace and equity is the work one must do internally first. As Nevarez noted, “at the heart of EI is personal agency, which leads to global agency.” It is like the oft-used metaphor of the butterfly. One flutter of a tiny butterfly can have massive reverberations.

But if there is no opportunity to pause amid the cacophony of discord and disagreement, we become more susceptible to making decisions that may unintentionally harm others. That is precisely why Hammarskjöld created the Quiet Room to bring back “the stillness which we have lost in our streets, and in our conference rooms, and to bring it back to a setting in which no noise would impinge on our imagination.” If we aren’t introspective enough to know what is happening inside, it is that much harder to do good for others. The EI competencies, such as self-awareness, equip individuals to approach global challenges with greater openness and curiosity, and to make more ethical decisions.

Moreover, to achieve our goals, we have to truly connect with others. To do that, we have to offer our full attention–even when we disagree. As Goleman emphasized, “One must be able to go deep inside to be able to give back to others … There has to be a purpose that resonates with the heart.” EI enables us to deepen our connections with others.

In other words, emotions will always play a role in achieving global peace and equality. When we acknowledge emotions and are mindful of their impact, we have the ability to make better decisions as well as a greater likelihood of success. Cultivating EI helps us manage the complexity of negotiation and conflict about what equality means on a global stage. As University of Toronto professor Stéphane Côte found in her research with Wharton professor Jeremy Yip, “People who are emotionally intelligent don’t remove all emotions from their decision-making. They remove emotions that have nothing to do with the decisions.”

EI is a renewable resource we need to cultivate and nurture. If we are to truly work toward universal peace and equality–no matter how improbable–we must approach ourselves and others with greater awareness and appreciation.

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Time to Think: The Importance of Introspection in Leadership

I have the privilege to work with leaders from diverse sectors including government, medicine, nonprofits, and the arts. Something that constantly comes up during coaching leaders is their near constant fire-fighting and focus on the day-to-day. Like the movie, Groundhog Day, it seems like the same things happen over and over again. The clients I coach want to break the cycle of crisis and reactivity, but seem unable to. Yet they know they are capable of leading differently.

When leaders lead by crisis management, often a root cause is a lack of introspection–an absence of personal and strategic think time. This includes time to think about the future, time to plan, and time to consider what is most important. One way executives can explore this phenomenon is by reviewing their calendar. When do they think? Do they have time, their most precious commodity, blocked on their calendar for introspection?

The classic definition of introspection is a reflective looking inward, an examination of one’s own thoughts and feelings. A leader needs introspection time for looking inward–to consider who they are, what they value, what motivates them–to build their self-awareness. I work with leaders who know the value of this self-reflection; they show up focused and clear. I also work with leaders who lack this habit of personal introspection. These leaders tend to show up frustrated and unfocused.

Looking inward is critical for self-knowledge and building one’s self-awareness. And as we know through Daniel Goleman’s work on Emotional Intelligence, our most effective leaders are highly self-aware. Self-awareness is the gateway to self-management and relationship building–important competencies for effective leaders.

Introspection or examination of personal values, meaning, and purpose creates clarity. It enables leaders to focus on long-term success, not simply fire-fighting. There is power in envisioning and planning for a future. If you don’t take the time, either during your totally packed week or during your precious weekend time, you miss an important leadership duty–“the lifting of a person’s vision to higher sights, raising a person’s performance to a higher standard” (Peter Drucker).

Journaling is a simple practice leaders can adopt to strengthen introspection and self awareness. There is great power writing. Not only does it bring inner clarity, the act of writing increases our ability to achieve. The physical act of writing stimulates the base of the brain, a group of cells called the reticular activating system (RAS). In Write It Down, Make It Happen, author Henriette Anne Klauser says that, “Writing triggers the RAS, which in turn sends a signal to the cerebral cortex: ‘Wake up! Pay attention! Don’t miss this detail!’ Once you write down a goal, your brain will be working overtime to see you get it, and will alert you to the signs and signals that […] were there all along.” And we know writing down our goals helps in goal attainment. Dr. Gail Matthews, a psychology professor at the Dominican University in California, studies goal setting and found that you become 42% more likely to achieve your goals simply by writing them down.

Leaders need to schedule time to be introspective and increase their self-awareness. And the simple practice of writing down their insights, intentions, and goals helps them become a more intentional leader who gets the best out of themselves, their people, and their organizations.

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Stories that Change the Status Quo

The stories we tell, the words we choose, and the body language that accompanies those words have a tremendous impact on our ability to influence others. When people feel understood and can see themselves within the story you tell, you gain the power to change the status quo.

Influence is the essence of what a leader does. As such, you can utilize influence to gain buy-in for your ideas, to foster change in your organization, and to instill purpose in your work, even if you aren’t in a formal leadership position.

On a neurological level, tone of voice, body movements, gestures, facial expression, and posture all combine to create packages of energy received by the social brain. People with strengths in influence are sensitive to the exchange of this energy and use it to persuade through language.

Storytelling enables us to connect with the social brain. This active engagement fosters trust and resonance with others. After all, a compelling story is far more engaging than facts or information alone. We can use stories as vehicles for information that also speak to our shared emotions and goals.

Telling Your Story

Leaders–whether formal or informal–achieve their effectiveness through the stories they tell. Resonant narratives offer an alternative to the prevailing storyline (“this is just the way things are”) and help us gain buy-in from others to move an idea or project forward.

Marshall Ganz, community organizer and Harvard professor, has identified three layers to an effective public story: “the story of self, the story of us, and the story of now.” The story of self is your personal story. This includes why you have chosen to pursue change–whether you want to make your company more environmentally sustainable, improve the school system in which you teach, or establish patient limits in your hospital.

Why is this change important to you? And how has your story thus far led you to value this change? You might begin by thinking about your parents and your childhood. In what ways has your past led you to where you are today?

The story of us enables others to fit themselves into your vision. What values do you and members of your organization share? What story can you tell that articulates your shared identity? For example, as a nurse petitioning for safe patient limits, you might find the story of us in a common desire to help others, for which you and your coworkers have made sacrifices throughout your careers.

An effective story of us necessitates authentic leadership. With self-awareness and empathy, we can build genuine rapport with those we seek to lead. Without these competencies, the group you want to influence may find it difficult to relate to you or envision themselves within your narrative.

Lastly, the story of now articulates the action you and your group must take. Effective leaders identify actions, not simply problems. What specific action will you call upon your group to take? How does this serve your mission? Why should your group take this action now, instead of postponing it for the future?

You may find it beneficial to tell your story to a friend or record yourself. Start at the beginning (your parents, your childhood), move toward the present, and envision the future you’d like to shape.

Once you’ve gotten your thoughts out, try to distill your answers to three sentences, one for each layer (self, us, and now) of your story. The ultimate goal of this exercise isn’t to write a single narrative, but to have pieces you can adapt and iterate from again and again for different audiences and situations. When we build a narrative in this way, we develop the tools to initiate positive change in our communities and organizations.

This activity is inspired by Marshall Ganz’s worksheet, “Telling Your Public Story.” If you’re interested in developing a politically oriented story, you may find his work particularly beneficial.