Strategic Planning Using Emotional Intelligence

Abstract

Since the collapses of the U.S. financial structures, strategic planning continues to be an integral stage of the project management process. Project managers who participate in strategic planning often time are under pressure to derive effective plans and solutions that aim to manage risks and costs. Findings from this research show when emotions become a part of the strategic planning process, adaptability is added by and value is added to the team, processes, and project. The results of the research implicates the use of intuition are essential to manage risks and costs at a level beyond using predictive analytics.