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The Role of Emotional Intelligence in Financial Leadership

 
  John W. Braine, Partner, CFO Edge, LLC  
   
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  Article Summary  
While Los Angeles and Southern California executives know how important strong leadership is in retaining and motivating employees, they sometimes neglect the equally important role of emotional intelligence in financial leadership.

A recent study noted that among new hires who failed, only 10 percent failed due to a lack of technical skills, and 90 percent failed in areas related to emotional intelligence, motivation, and coachability.

Reviewed are an emotional intelligence definition, its role in leadership, and five specific traits that typify leadership performance.

Understanding and applying these characteristics supports creation of a framework for hiring, guiding and developing empathetic financial leaders.

With emotional intelligence repeatedly identified as a key difference between average and excellent leaders, focusing on emotional intelligence in hiring financial leaders is of critical importance.

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