Alibaba founder Jack Ma says to be a successful leader you need EQ, IQ, and LQ

Excellent leaders commonly broaden unique types of intelligence. There’s old-fashioned IQ of course, their intelligence quotient. There’s EQ, the quotient associated with emotional intelligence; this concept grew to become fashionable in management circles in the last few years. and then there’s what Jack Ma calls “LQ.”

“if you want to be respected, you need LQ,” stated Ma, the founder and executive chairman of Chinese language internet giant Alibaba, who spoke in New York today (Sept. 20) to a packed audience of CEOs and government leaders at the Bloomberg Global Business Forum. “And what is LQ? The quotient of love, which machines never have.”

On the forum, a successor of types to the Clinton Global Initiative annual confab of movers and shakers, Ma stated he believes human beings will find answers for the maximum dire problems facing global improvement nowadays, which include poverty, weather exchange, and disease, by having self belief in their imaginations and their capacity to out-think machines. But Ma stated the solutions won’t come from people over age 50, particularly due to the fact older people have a tendency to fear too much.

Pay attention to young people, he advised the target audience, because they don’t fear as plenty about the future. They worry instead about the world’s leaders not converting inside the right here and now, and not using technology well.

Ma, a former teacher, says he constantly warns government leaders to also “pay attention to education,” due to the fact right now we’re coaching kids the wrong aspect: that machines are better than people. He believes this attitude will cost younger humans jobs in a future ruled via AI and computing.

Instead of encouraging people to become more like machines, we need to be constructing our machines to be more like humans, he recommended.

“A machine does not have a heart, [a] machine does not have soul, and [a] machine does not have a belief. Human being have the souls, have the belief, have the value; we are creative, we are showing that we can control the machines,” he said. These are the traits as a way to allow human beings to pursue globalization that is humane.

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