One of the most impactful books I’ve ever read that totally flipped my understanding of success. Coleman uses hard data to demonstrate that IQ, a commonly held word we use to describe how smart someone is, has no correlation to how successful a person will be. Rather, that’s determined by their emotional intelligence
Rating: 4/5
2 skills that matter significantly: team building and adapting to change
Higher IQ children = lower IQ children in terms of success
IQ does not equate to workplace success
Expertise is common sense plus the skill/experience gained in a job
5 elements: self-awareness, motivation, self-regulation, empathy and adeptness in relationships
Pattern recognition distinguished top performers in business, the big picture thinking
Being a successful executive involves leading people more than IQ
Don’t diminish the value of intangibles: people around you, trustworthiness
Emotional awareness: recognizing your feelings and why, known it’s affecting your performance and awareness about the values and goals
Follow your inner sense and always take time for yourself
Self assessment:
One of the biggest problems with people is self-awareness
Never lose your self-confidence and conviction
Ability to understand self-confidence directly correlates w/ success
Self-control:
Remember to stay calm even in the most stressful situations
Never stop changing/adapting
Collaboration leads to innovation and you have to be able to execute on ideas
Initiation & implementation allow workers the creativity to think and come up with ideas
Key is to find a flow state where the challenge is part of the fun
Being emotionally present at work and not getting ahead of yourself
Most successful companies share a single minded passion for innovation and the business
Passion for feedback and need to constantly evolve
Support employees in what they want to do (organizational commitment)
You need to make sure the collective mission of the firm is clear to employees
Always give credit to the people around you because they’re the reasons for success
Initiative without empathy can be destructive
You need to understand the customer’s perspetive when selling the business
Understand your customer and accept feedback and a willingness to evolve
Need to develop personal relationships with everyone at your company
You need to be able to read everyone in an organization
You always subconsciously influence the emotions of those around you
Good emotions spread more powerfully than bad ones
When negotiating, it’s important to understand when to use facts and when to use emotions
Use the networks of local leaders to be able to spread your message
Involve everyone and their opinion in the decision making process
Cooling down after conflicts:
Think about how to implement change and get employees on your side
In leadership, nice guys finish first
Organize events outside of work to really get to know people
Constantly ask yourself is you’re staying up to date w/ innovation and let young people be leaders
When evaluating venture investments, pay particular attention to the team and how they work
Team chemistry is more significant to success than any individual’s IQ
Cultivate informal relationships, seek our mutually beneficial relationships, build rapport and make/maintain personal friendships among work associates
You need to maintain and cultivate relationships (not just a one time thing)
Make teams fast, focused, friendly, self-confident and fun
Team leaders lead best when they present their opinion after everyone else
5 simple secretes of success: rapport, empathy, persuasion, cooperation and consensus building
Everything in an organization is political so make sure to involve the decision makers
When giving feedback, always discuss the strengths first before the limitations
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