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Emotional Intelligence and Human Capital Development

Author: socialmedia@taplowgroup.com/Friday, January 12, 2024/Categories: Blogs

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Ever since the term emotional intelligence came to light in the early 20th century, there has been some debate around what it entails. The modern day widely popular definition of emotional intelligence is one’s ability to recognize, use and handle their emotions in a manner that is beneficial to them both professionally and personally. As per Harvard Business Review, emotional intelligence comprises of factors such as social skills, empathy, self awareness and regulation, and motivation.

Having a deep understanding of these emotions equips individuals to harness and maintain better, more meaningful relationships both in and outside the workplace. It helps them stay constantly motivated and achieve higher targets, be more driven towards their personal as well as professional goals, empathise with coworkers and their struggles, and eventually contributes to higher confidence in their authentic individuality.

It has been concluded in recent researches that high emotional intelligence doesn’t just contribute to personal growth, but also plays a vital role in the workplace. Individuals that are emotionally aware and capable of handling their emotions in a respectful manner make desirable employees for growing organizations. They are excellent at coping  with massive as well as rapid changes, are quick to think on their feet, and can come up with quicker resolutions since they can recognise and separate emotions  from the decision making process. Such analytical thinking contributes very largely to human capital development as these talented pool of individuals have proven to be competent, knowledgeable, skilled and well informed about various advancements across the globe. Since they make such a valuable asset, their relationship with their employers is of great significance to the organizations’ growth. Companies are now hiring professional and IT executive search firms to maintain and constantly expand this pool.

Organizations are no longer hesitant in investing religiously in the development of human capital by focusing on the emotional intelligence attribute of its employees. Human capital development also helps these organizations make better use of individual talents at hand in a diverse and unique manner that proves to be fruitful in long term growth.

Emotional intelligence is a contributing factor when it comes to recognising potential leaders and preparing them for their future. Nowadays, the hiring process differs largely from the traditional one and is focused on the importance of emotional intelligence. Global consumer sector executive search programs focus on hiring employees that can multitask and collaborate . Teams made up of and led by emotionally well equipped members help their companies make good, well thought out decisions regarding new products, markets and strategic alliances.

By investing in employees’ emotional intelligence growth and equipping them with the required skill set to cope with a myriad of situations, organizations not only increase their human capital but also contribute to higher company loyalty. Existing employees feel far more valued and potential candidates are more attracted to work for such organizations that are ahead of the curve and understand the importance of emotional intelligence and human capital development. To know more reach out to us at www.taplowgroup.com

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