Are innovative managers emotionally intelligent?

With the increasing competition, it is imperative for organizations to bring about managerial innovation and focus on managerial effectiveness. Studies indicate that only 27% of success at work is contributed by an employee's Intelligence Quotient, the rest of it being contributed by Emotional Intelligence. This paper attempts to study the role of Emotional Intelligence in Managerial Innovation and Effectiveness. The results of the study indicate a positive correlation between Emotional Intelligence and Managerial Innovation and Managerial Effectiveness implying thereby that Emotional Intelligence should be an integral part of an organization's recruitment and developmental process.