Why is an understanding of Emotional Intelligence essential for Essay

Why is an understanding of Emotional Intelligence essential for practicing managers - Essay Example Much of the debate in today’s corporate world is surrounding the question whether academic excellence and technical training alone are sufficient in building up an efficient manager. The newly evolved concept of Emotional Intelligence has posed a serious threat to the traditional idea of Intelligence Quotient as a yardstick of measuring managerial excellence. This essay serves to comprehensively explore the concept of Emotional Intelligence and critically analyse its significance in the life of practicing managers. Emotional Intelligence refers to the capacity of an individual to recognize, evaluate and regulate his own emotions and the emotions of others. The first comprehensive usage of the term is attributed to Wayne Payne in his thesis A Study of Emotion: Developing Emotional Intelligence  (1985). Before and after Payne, many other scholars like Beldoch, Leuner, Greenspan, Peter Salovey and John Mayer had mentioned the term in their works. However the term Emotional Inte lligence received wide acceptance and recognition in the year 1995 after the publication of Daniel Goleman’s work Emotional Intelligence - Why it can matter more than IQ. The term received reinforcement through Goleman’s further publications on the same theme.... The Ability Theory, put forward by Salovey and Mayer, presents the idea of a new kind of intelligence. The theory defines Emotional Intelligence as- "The ability to perceive emotion, integrate emotion to facilitate thought, understand emotions and to regulate emotions to promote personal growth." It considers emotions as a source of information that helps a person to comprehend and steer through his social environment. According to this theory, Emotional Intelligence is a collection of four types of abilities- perceiving, using, understanding and managing emotions. (Salovey, 2005). The Trait Theory propounded by British psychologist K.V. Petrides defines Emotional Intelligence on the basis of an individual’s self-perception about his emotional abilities. As per this theory, Emotional Intelligence is "a constellation of emotional self-perceptions located at the lower levels of personality." It is based on four prime tenets- well-being, self-control, emotionality and sociability . (Petrides, 2007; Leutner, 2011). In contrast to the ability and trait theories, it is the Mixed Theory that offers a more comprehensive overview of the concept of Emotional Intelligence. The theory was proposed by Daniel Goleman in his work What Makes A Leader. He treats Emotional Intelligence as a set of skills and competencies that initiates leadership. Emotional Competencies are not inherent talents but learned abilities that must be worked upon. Or in other words, people may possess innate Emotional Intelligence, but they have to acquire Emotional Competency through their own efforts. Goleman outlines five major parameters which constitute Emotional Intelligence, which are