The New Economic Currency Authentic Leadership | Emotional Intelligence

There is nothing wrong in saying that we are living in very exciting and challenging times. The world is no longer the same as it was just two decades ago. The challenges we face in 21st century are very unique and therefore, we need to develop not only as an individual but as an organisation or in broader sense, as society in order to cope with these challenges.

Authentic Leadership and Emotional Intelligence:
It is often said that money was invented as an effective system to move and distribute wealth. In this regard, there is no denying of the fact that authentic leadership and emotional intelligence have become the new global currency and a real wealth for all those who understand the importance of these two terms. More and more organisations and even countries are developing, interviewing, hiring and promoting individuals based largely upon their level of authentic leadership and emotional intelligence.

Why do organisations and governments prefer such individuals to run their affairs? The answer is very simple that is they have no other choice. They have to improve their performance at all costs in order to survive in extremely competitive modern world and there is no better person than the one having both these qualities to run organisations and governments.

Following are some of the key benefits of Emotional Intelligence and Authentic Leadership.

  • Such individuals enable organisations to embrace rapid changes occurring in the world.
  • They ensure higher level of employee or customer management.
  • They reduce organisational conflict, chaos and drama.
  • They also develop trusted advisor relationships.
  • They also help their organisations to outwit their rivals and win the competitions.

The Need to Embrace Accelerating Change:
As per some experts, the next 15-20 years will experience equivalent of 100 years of change. More importantly, the rate of change will continue to accelerate throughout the century. The big question is whether we are prepared to embrace this change in most positive manner possible? As a matter of fact, our five hundred years old brains are not capable enough to embrace rapid changes occurring in all fields of life. This is the problem that will not disappear so easily. The only viable solution to this problem is to develop authentic leadership and emotional intelligence in individuals and elevate them to higher positions in organisations with the passage of time.

Urgency is Key to Success:
Although, a lot of experts have talked and written about the need to develop emotional intelligence and authentic leadership among individuals yet very few of them talk about urgency as key to success. We need to develop these two skills to be successful but we also need to develop them quickly to withstand the stiff competition.

Unfortunately, most of the organisations want to achieve the desired results but they don’t want to work hard. Winston Churchill once said that people will only embrace change when they have suffered enough. Similarly, organisations and governments don’t accept change unless the gap between the current results and desired results widens more than they can actually abridge. However, it is also a reality that the bigger the gap, more will be the organisations and employees motivated to accept change in order to improve organisational performance and attain desired results.

Finally, authentic leadership is quite different from position or power based leadership. The authentic leader does not command respect through coercions but by actions and results that inspire others. Authentic and emotional leadership develop trustworthiness which in turn compels employees or followers to work to their full potential and take the organisation to new heights of success.

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