Page 175 - IMDR JOURNAL 2023-24

IMDR’s Journal of Management Development & Research 2023-24

Fostering Collaborative Work Cultures for an Empowered Bharat 2047: Examining the

Role of Emotional Intelligence and Psychological Contracts

Rahul Bhagwani* and Nishita Desai**

*Student, Department of Management, DES IMDR, Pune, Maharashtra, India (E-mail:

rahulbhagwani16@gmail.com)

**Assistant Professor, Department of Management, DES IMDR, Pune, Maharashtra, India (E-mail:

nishita.desai@imdr.edu

Abstract
As India strives towards the ambitious goals of Viksit Bharat 2047, fostering a work environment that

prioritizes human well-being is no longer a luxury, but a necessity. This paper delves into the interconnected

roles of emotional intelligence (EI) and psychological contracts in shaping this transformative vision.

EI, encompassing self-awareness, empathy, social skills, and motivation, empowers individuals to navigate

the complexities of the workplace with emotional agility. They can build strong relationships, manage stress
effectively, and drive individual and collective performance. However, the true potential of EI unfolds when

aligned with psychological contracts – the unwritten expectations that govern the employer-employee
dynamic.

Imagine a workforce where shared goals and a collaborative spirit reign supreme. This fertile ground is

cultivated through EI-driven interactions. Strong social skills enable clear communication and collaboration,
ensuring everyone feels heard and valued. This alignment between individual aspirations and organizational

goals forms the bedrock of strong psychological contracts.

A truly human-centric work environment is not static, but one that fosters continuous learning and
development. By investing in EI training and development programs, organizations empower individuals to

strengthen their emotional intelligence over time. This, in turn, strengthens the psychological contracts,
creating a virtuous cycle of mutual growth and prosperity. Employees who feel valued and supported are more

engaged, productive, and innovative, contributing to the collective success of the organization and the nation.

By strategically leveraging EI and psychological contracts, we can create a work environment characterized

by trust, shared vision, and sustainable success. This paves the way for a truly inclusive and thriving Viksit
Bharat 2047, where human well-being is not just a tagline, but a lived reality. This future demands a collective

effort, and by empowering both individuals and organizations to harness the power of EI and psychological

contracts, we can collectively take a step towards making this vision a reality.

Keywords: Emotional Intelligence; Psychological Contracts; Collaborative Work Culture

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