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As a result, more leaders will be judged on a key trait: emotional intelligence. Emotional intelligence is one s ability to understand how people feel and react to make decisions. This article is part of a series called IQ to EQ, which explores the management styles of inspiring business leaders. Check here for similar stories. Emotional intelligence is a crucial leadership skill that is going to become more important for executives across the board. That s according to diversity and inclusion consultants who said leaders can t achieve the important work around racial equity without it. Emotional intelligence is defined as the ability to understand the way people feel and react and to use this skill to make good judgments and to avoid or solve problems, per the Cambridge Dictionary. ....
Westend61/Getty Images By removing these gender-coded words, companies see nearly 30% more applicants, a recent study reveals. Yet only 38% of companies remove these words, which is troubling as companies seek to bring in a diverse talent pool. For managers who want to get serious about diversity, rooting out unconscious bias in every step of the hiring process is crucial. That includes being aware of each word you use in a job post. Without knowing it, hiring managers may be excluding applicants by using gender-coded words, or words that most perceive to be associated with either a male or female gender identity. ....
Mark Jones; Matter.vc; Naj Austin; Skye Gould/Insider This Black History Month, there s a heightened call to dismantle systemic racism. Insider and the National Black Chamber of Commerce highlighted leaders advancing racial equity. These leaders shared their influence on Black and brown communities and their future goals. This Black History Month seems different from those of recent years. There s an overwhelming outcry from the American public, specifically from Black people, people of color, and their allies, to combat systemic racism and enact equity. In May, video footage of the police killing of George Floyd, a Black man, went viral, sparking an uproar. Business leaders denounced the killing and promised to do their part to effect change. Suddenly there was more attention put on the antiracist work of Black people and people of color, work that s been going on for decades. ....
Andy Jassy is set to replace Amazon founder Jeff Bezos as CEO later this year. While the move may be a natural step for Jassy, it s a giant leap for Amazon. The end of the Bezos era could mark a crucial and overdue turning point for the company s culture. Last week, after 27 years of delivering world-changing surprises to the masses, Jeff Bezos, the founder and chief executive of Amazon, emailed his employees with another bombshell: He was stepping down. Fellow Amazonians, he began. I m excited to announce that this Q3 I ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO. ....
Heidi Gutman / CNBC This story is available exclusively to Insider subscribers. Become an Insider and start reading now. In an exclusive interview with Insider, Ray Dalio said he expects a period of weak returns in stocks. He said low interest rates are fueling a bubble that will eventually burst. Major Wall Street banks are bullish on the direction of equity markets, however. With the Federal Reserve pinning down interest rates, return-hungry investors have turned to stocks for the income bonds would have provided in a different era. But with all of this appreciation in stocks, little upside potential remains, according to legendary investor Ray Dalio. ....