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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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Companies are craving executives with emotional intelligence—these are the new expectations for business leaders

Emma Burleigh
By
Emma Burleigh
Emma Burleigh
Reporter, Success
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Emma Burleigh
By
Emma Burleigh
Emma Burleigh
Reporter, Success
Down Arrow Button Icon
September 30, 2024, 8:36 AM ET
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Companies want executives with people skills like storytelling, communication, and problem solving.Getty Images
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Executives have historically been taught to lead from the head, not the heart—but in times of uncertainty, C-suiters in touch with their feelings might have the upper hand. 

Emotional intelligence is becoming more and more important when it comes to judging executives, according to a new report from LinkedIn. Using data from over one billion LinkedIn users, the study narrowed in on the profiles of executives from S&P 500 businesses as well as venture-backed U.S. “unicorn” companies, defined as private startups with a market valuation of over $1 billion. Researchers found there has been a 31% increase in these C-suite leaders featuring soft skills on their pages since 2018. The top five most popular include conducting effective presentations, strategic thinking, communication, strategic vision, and conflict resolution. 

But why the shift to advertising softer skills on a professional forum? The short answer is AI, Aneesh Raman, the chief economic opportunity officer at LinkedIn, tells Fortune in a video interview. He says that the advanced technology has moved the working world into a new era, in which robots will shoulder more and more intellectual labor, and humans will take on the emotional work. 

“These people skills are going to become more and more core to not just how someone becomes an executive, but the work of executives: Mobilizing teams, and building a company that is human-centric,” he says. 

Raman points to five key pillars of emotional intelligence skills that he says businesses are looking for in leadership: curiosity, compassion, courage, communication, and creativity. But while hard skills and intellectual capability are measured in all kinds of ways—from standardized tests, to diplomas, or certificates—doing that with soft skills isn’t as straightforward.  

“Measuring these people skills is the next frontier in building a skills-first labor market,” Raman says. He points out that if a worker lacked a certain technical ability, they could attend a bootcamp or course to hone that capability. “We now have to do that with people skills, and we’re still in the very early days,” he says. 

Emma Burleigh
emma.burleigh@fortune.com

Around the Table

A round-up of the most important HR headlines.

The director of a Tesla manufacturing plant in Germany sent managers to check up on employees on sick leave by visiting their homes, drawing scrutiny from unionized workers. The Guardian

India’s pilot burnout crisis can’t be solved with fatigue monitoring devices—the country’s aviation industry needs more regulatory efforts and workers to protect their well-being. WIRED

Private equity firm KKR is giving its 900 workers a share of the $75 million pot from selling a company—and staffers who have stuck around longer will receive around $325,000. Business Insider

Watercooler

Everything you need to know from Fortune.

Generational gripe. Tech companies are increasingly filling job roles with younger Gen Z workers, while the older workers feel shut out, according to a new report. —Sasha Rogelberg

Transparency. A new report shows about half of U.K. employers will add salary ranges to their job postings by 2026, because young generations like Gen Z are less likely to apply to listings without them. —Ryan Hogg

Massive blow. The Boeing strike has created a $1 billion dent in the U.S. GDP over the past two weeks, according to estimates, as the company continues negotiations. —Greg McKenna

This is the web version of Fortune CHRO, a newsletter focusing on helping HR executives navigate the needs of the workplace. Sign up to get it delivered free to your inbox.
About the Author
Emma Burleigh
By Emma BurleighReporter, Success

Emma Burleigh is a reporter at Fortune, covering success, careers, entrepreneurship, and personal finance. Before joining the Success desk, she co-authored Fortune’s CHRO Daily newsletter, extensively covering the workplace and the future of jobs. Emma has also written for publications including the Observer and The China Project, publishing long-form stories on culture, entertainment, and geopolitics. She has a joint-master’s degree from New York University in Global Journalism and East Asian Studies.

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