magnetostrategicsIn part 1, I covered what low emotionally intelligent leaders are costing companies in productivity per employee per year. In this part we will cover the damage it does to your employees themselves and how it impacts you the business owner.
The type of damage done to an employee reporting to a low EQ leader is heart breaking. It does not just affect their productivity, the impact of this is much more severe for them because it permeates all other areas of their lives. I am simply going to list the effects of the treatment below:
1. Family life suffers
2. Low self-esteem as a result
3. Mental health issues (as this treatment creates a wound)
4. Desperation
5. Fearfulness
6. Their physical health deteriorates
7. Depression
8. Deterioration of their relationships in all spheres
9. Unable to find another job because of desperation
These are some of the immediate side effects to them as a person. Financially, if they are not on a medical aid it means massive expenses. Should the person ‘redline’ (a term used to describe the breach of the stress level’s peak), and need to be admitted to hospital, the excursion could cost at least $9 500.00 for a three week stay (calculated according to charges by Crescent Clinic in Johannesburg).
What does all of this mean to you as a business? How does it impact you? Consider that these charges can be claimed back from you in light of the fact that you allowed this behavior of a low EQ leader. Hence facilitating it. If they wish to they may take you to court and use the hospitalization as proof of your misconduct as an employer. They can also take you to all the relevant labour departments of your country. I don’t think it is necessary to do the sums for you here – I will leave it up to your imagination.
This is a worst case scenario. However, I am trying to impact on you how serious this is. Not just for your organization but for a fellow human’s life. Another aspect worth mentioning is, how does this allowance of such a leader’s behavior in your business reflect on you?
There are a lot of things that you can regain in life, but a tarnished reputation is not one of them.
It is always best to address a leader with low emotional intelligence as soon as you asses that they are such a leader. However I do strongly advise that you work with them in a positive manner. ‘On boarding’ them or gaining ‘buy in’ from them to submit to a best practice EQ strategy. The way this will work to your advantage is that this low EQ leader changes and becomes a high EQ leader. If the person can not reconcile themselves to the new way of working, they will leave in their own time. Either way, you and the rest of your staff will win because of the change.
Before you digest the food for thought I just handed you, please leave any questions or comments below. They are of great value, not only to myself but to our business.
As always
Grow & Prosper
Suzy Wilson
www.magnetostrat.com
Suzy.Wilson@magnetostrat.com
Magneto Strategics 