The ability to lead effectively is widely considered a result of hard skills such as IQ, domain knowledge, and analytical reasoning. However, recent studies suggest that an individual's emotional intelligence quotient (EQ) may actually be a more accurate predictor of success in leadership roles. So, which is more important for leaders: hard skills or soft skills? The answer may surprise you. While both sets of skills are important, the majority of respondents in a recent survey said that soft skills are actually more essential for leaders than hard skills. Here's a closer look at why soft skills are so important for leaders and how you can develop them.