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Cultivating Emotional Intelligence: A Catalyst for Entrepreneurial Success
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Author(s): Deepak Kumar Sahoo (Biju Patnaik University of Technology, Rourkela, India), Anish Kumar (O.P. Jindal Global University, India), Ajay Chandel (Lovely Professional University, India)and Hewawasam P. G. D. Wijethilak (University of Colombo, Sri Lanka)
Copyright: 2025
Pages: 24
Source title:
Supporting Psychological and Emotional Wellbeing Among Entrepreneurs
Source Author(s)/Editor(s): Muhammad Nawaz Tunio (The University of Sufism and Modern Sciences, Bhitshah, Pakistan)
DOI: 10.4018/979-8-3693-3673-1.ch006
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Abstract
This chapter explores the vital role of emotional intelligence (EI) in entrepreneurship, highlighting its significance in leadership, team dynamics, customer relations, and overall business success. As the business landscape evolves, particularly with the rise of artificial intelligence (AI), the integration of EI becomes increasingly crucial. The chapter addresses key components of emotional intelligence, the challenges entrepreneurs face in developing these skills, and the measurable impacts on employee performance, engagement, and customer satisfaction. It also discusses future trends that emphasize the synergy between EI and AI, including enhanced collaboration, personalized training, and a focus on employee well-being. Ultimately, fostering emotional intelligence is essential for entrepreneurs seeking to navigate complexities, drive innovation, and cultivate resilient organizations in a rapidly changing environment.
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