Here’s how EI /EQ drives measurable performance and profitability:
1. **Higher Profitability**: Research shows that partners with high EI competencies in a global consulting firm delivered $1.2 million more profit per year, marking a 139% gain.
2. **Top-Level Differentiator**: Six emotional competencies were identified as crucial for high performers, distinguishing them from the average across 15 global companies.
3. **Productivity Multiplier**: Emotional competence can lead to up to 80% of the productivity gap between top and low performers, especially in leadership roles.
4. **L’Oréal’s Sales Surge**: Sales agents selected based on EI traits sold significantly more, boosting revenue by $2.5 million.
5. **Insurance Impact**: Agents strong in EI traits sold policies worth double compared to their peers with lower EI levels.
6. **Leadership Insights**: Executive failure often stems from issues related to emotional competence, such as poor team skills and weak relationships.
7. **Retail Success**: Effective stress management by store managers correlates with higher profits and operational efficiency.
8. **Optimism = Results**: Optimistic new sales reps outperformed pessimists by selling 37% more life insurance at MetLife.
9. **Relational Advantage**: Emotional self-management predicts how well others prefer working with leaders, offering a significant leadership edge.
10. **Reduced Turnover**: Emotionally intelligent hires at a national furniture retailer experienced half the dropout rate in their first year.
In conclusion, prioritizing Emotional Intelligence isn’t just beneficial for individuals; it’s a strategic advantage for businesses. Leaders who emphasize EI drive enhanced performance, retention, and overall results amidst challenges and competition.
At Live Learning, we put emotional intelligence at the heart of every session.
