Are You Getting ROI on Your ROE?
As a leader one of the important things you do is keep an eye on the big picture. You are constantly looking at input and output, resources and results. You set goals and measure progress, always keeping an eye on what it costs to get the results you want.
Your job is to get the biggest and best ROI – return on investment – you make in time, effort and resources.
But what about your ROE – return on emotions?
Psychologist Daniel Goleman popularized emotional intelligence (EQ) and defined its components:
- Self-awareness
- Empathy
- Motivation
- Social skills
- Self-regulation
The more you use your emotional intelligence to lead your team and grow your business, the more successful you are likely to be. When you feel a situation pushes you towards anger, fear, control or other emotions, emotional intelligence helps you to stop, take a breath and move yourself towards a place of composure to continue.
Working to improve your emotional smarts elevates your happiness. And since Rise Up, Leader was written just for you, a book for business leaders, we want you to realize emotional smarts also delivers you an ROE, as we call it. Return on Emotions.
Spend some time working on your emotional intelligence, and you’ll literally be able to take it to the bank. You’ll experience these measurable returns on your emotional investment:
Improved decision-making which leads to faster, more accurate goal achievement
Increased business growth that accelerates your influence and desirability to prospects
Reduced staff turnover so your team works more efficiently and happily, improving on-time deliveries and lowering hiring costs
Increased sales results leading to faster, easier and repeatable engagements
Increased team performance which always adds money to your bank while reducing certain expenses.
And ROE doesn’t stop there. ROE also generates soft benefits that do not show on your profit and loss statement yet make your work life so much for positive and successful.
Improved communication, decreased stress, clear cultural alignment, and reduced conflict all show up when you, as the leader, invest in and demonstrate your emotional intelligence.
Make mindful investments in skills, resources and emotions and you’ll reap wonderful returns.
Blessings,
