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Podcast: Budgets, Books, & Balance Sheets: An Accounting & Finance Podcast
Episode: Episode #50 | How Emotional Intelligence Affects Leadership In Accounting
Description: In today's highly competitive labor market, accounting firms face strong challenges in attracting and retaining top talent. As they search for new strategies to empower their leaders, a powerful tool emerges Emotional Intelligence (EI).
According to a recent survey by EY titled "Empathy in Business," most U.S. workers recognize the significant impact of empathetic leadership. An impressive 90 percent believe that empathetic leaders contribute to higher job satisfaction, while 79 percent agree that it reduces employee turnover.
Accounting firms realize the importance of understanding employees' Emotional Intelligence levels to drive predictable outcomes and provide effective training...