IQ ( intelligence quotient ) is a measure of one's intelligence and is not an indicator of success. To be successful in today's world, one must possess something more than IQ. Dr. Daniel Goleman indicted that an individual's success depends 80% on EQ ( emotional quotient ) and 20% on IQ. Analytical thinking is essential for strategic outlook, while communication and organizational skills are essential for good decision making. Combination of both EQ &IQ may result in good performance, but in the age of knowledge and creativity, other factors like passion, innovation, strategic thinking ability might matter as determinant.

Actually Dr Goleman did not state that: read his opinion about this from http://ideas.time.com/2011/11/01/theyve-taken-emotional-intelligence-too-far/

Thanks Tiia. I have gone trough Dr. Goleman's comments, which appeared in November 2011 regarding misinterpretation of EQ concept. I stand corrected on over emphasis on EQ which was erroneously interpreted by many people after Dr. Goleman's conceptual publication " Emotional Intelligence " in 1995.

IQ, is a number derived from a standardized intelligence test. On the original IQ tests, scores were calculated by dividing the individual's mental age by his or her chronological age and then multiplying that number by 100. On the other hand, Emotional Intelligence (EQ) refers to a person's ability to perceive, control, evaluate, and express emotions.

Even though, IQ is recognized as an important element of success, particularly when it comes to academic achievement, the concept of emotional intelligence has had a strong impact in a number of areas, including the business world. Many companies now mandate emotional intelligence training and utilize EQ tests as part of the hiring process. Several researchers have found that individuals with strong leadership potential also tend to be more emotionally intelligent, suggesting that a high EQ is an important quality for business leaders and managers to have. Studies also indicated that "IQ alone is not enough; EQ also important. For success, IQ counts for roughly 10% (at best 25%); the rest depends on EQ.

Based on my EQ workshop experiences, I am more than convinced that it is EQ that matters a lot. If i put a number to stick my neck out, I would say about 70 percent at senior level it matters.Experiencing and experience and expressing it in relevance to a context looks to be an herculean task for managers. Have also seen through my OD work with an organisation, significant change impacting over all top management and in turn the full some culture shift courtesy EQ interventions.