Emotional intelligence is the ability to understand, use, and manage emotions to relieve stress.
“We found that entrepreneurs benefit much more from emotional competences 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,” says Regan Stevenson, assistant professor of entrepreneurship and management and a faculty fellow in entrepreneurship at the Indiana University Kelley School of Business.
“Being an entrepreneur is not a ‘traditional workplace setting.’ If you are an entrepreneur, you know that managing your business can often feel like you are screaming alone on an emotional rollercoaster,” Stevenson adds.
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.
Entrepreneurs benefit more from emotional intelligence than other competencies ANI | Updated: Jan 28, 2021 22:22 IST
Washington [US], January 28 (ANI): Research from the Indiana University Kelley School of Business found that emotional intelligence - the ability to understand, use and manage emotions to relieve stress - may be more vital to a business survival than previously thought.
The paper, What matters more for entrepreneurship success? A meta-analysis comparing general mental ability and emotional intelligence in entrepreneurial settings, appears in Strategic Entrepreneurship Journal. We found that entrepreneurs benefit much more from emotional competences 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