Discuss turnaround strategies and when an organization needs to develop one.

answer ONE (1) of the following three questions in this discussion:
1 – In your own words, define Emotional Intelligence (EI) and describe the key elements of EI and discuss how it differs from Intelligent Quotient (IQ). Why is EI so important to successful strategic leadership? Do you think that EI or IQ is more important for effective leadership and/or management? Give an example of a leader you have known with high EI and explain your selection.
2 – Discuss turnaround strategies and when an organization needs to develop one. Give an example of a company that has recently taken on a turnaround strategy. Did it work? Explain.
3 – What is transactional leadership compared to transformational leadership? Give an example of when each would be appropriately used.