Emotional balance is more beneficial to business visionaries than expertise: Study
The research found that those with higher emotional intelligence are better able to be self-motivated and have higher social skills - even under more normal circumstances.
Washington: Psychic balance inclusive of the capacity to manage and oversee feelings to relieve stress - might be more imperative to a business' endurance than earlier suspected talent and skills, according to researchers from Indiana University Kelley School of Business.
"We found that entrepreneurs benefit much more from emotional competencies than other competencies -- such as IQ -- due to high uncertainty and ambiguity that comes with the world of entrepreneurship and even more applicable in a crisis," said Regan Stevenson, assistant professor of entrepreneurship and management and the John and Donna Shoemaker Faculty Fellow in Entrepreneurship.