With the world now treading on the path of high packed innovation and increasing competition, the ingredients required to ensure effective functioning of an individual have also changed. Gone are the days when IQ remained the force to reckon with. Today, the tide has, without any doubt, shifted to EQ - the emerging force in the world of intelligence. Over the last decade, there have been several research studies conducted on emotional intelligence. These studies point out the significance of emotional intelligence in professional effectiveness. Emotional intelligence not only facilitates work performance but also plays a vital role in team related and leadership issues. The benefits of emotional intelligence at the workplace suggest the need to train employees on emotional intelligence, which would benefit both the individual employees and the organizations at large. The present article is an attempt to highlight the importance of emotional intelligence in personal and professional spheres.

Working life today is submerged in the waters of ruthless competition and mounting innovation. Acclimatization to this situation is not possible by relying solely on cerebral propriety. One needs to go beyond the lanes of cognitive ability to the world of emotional intelligence in order to emerge triumphant. This, much sought after emotional intelligence, remained incognito right from the beginning. Nevertheless, in the recent years it has assumed an overt and noticeable form.Emotional intelligence as it is understood today, differs significantly from its earlier forms like charisma, poise and social intelligence, which are only partial representations of what emotional intelligence is all about. In other words, emotional intelligence has a wider scope and includes several skills and competencies that have a say in the effective functioning of an individual.

Over the past 100 years, several scholars have viewed IQ as an instrument to shape individuals into thorough professionals. However, this view has only distanced individuals from being prudent, unflustered and creative, and have minimized their chances of being successful individuals. In the highly competitive world of today, IQ no longer holds the key. What is more important is emotional intelligence. Research suggests that on an average, emotional intelligence determines more than 80% of an individual's success (Goleman, 1995). In other words, there are many dimensions of practical and creative intelligence beyond IQ, which play a preponderant role in personal and professional success.

Intelligent Act of Emotions, social intelligence, Educational Psychology, politics enveronment, systems intelligence, behavioural economics, Managerial Psychology, Emotional Quotient Inventory, Personal Relationships, Sterman, Sweeney, Multicriteria Decision Analysis.