sources. By being more cognizant of different perspectives, you can also be a few steps ahead of the game through being able to look at certain issues from every angle.
2. Develop Relationships and Practice Effective Leadership
Risk management denotes a certain level of responsibility and a requirement for strategic leadership. And to lead effectively requires one to build amicable working relationships with others in order to foster trust and rapport over the long-term. This is crucial to be able to wield authority and have support from the relevant decision-makers, stakeholders, and operational team members.
No matter how well-laid your plans and processes, they will not be optimally carried out without enterprise-wide support. Bulldozing your way through your professional life might achieve objectives in the short-term, but in the long-term it will lead to lower productivity and possibly greater resistance to your future plans if you find yourself alienated and disliked.
Emotionally intelligent leaders are also those who can recognise that their behaviour sets a status quo for those that report to them. To be an emotionally intelligent leader requires one to not only provide constructive feedback, but also be receptive when provided feedback or criticism. Setting a standard of honest, positive communication can allow an organisation to improve where needed.
3.
Ultimately, emotional intelligence isn’t just about managing others; it’s about managing yourself. Harvard Business Review suggests that emotional intelligence can be an indicator for growth potential. Possessing emotional intelligence can mean that you are also curious, motivated, and engaged, with capacity for insight. These are traits that suggest openness to change and learning—useful for a risk manager dealing with constant change.
The IERP®Monthly Newsletter July 2018 10
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