Business View Magazine | December 2019

15 BUSINESS VIEW MAGAZINE DECEMBER 2019 OPENING L INES SOCQ: THE NEW LEADERSHIP SKILL REQUIRED FOR THE SOCIAL ECONOMY T he shift from a knowledge economy to a social economy has placed a burden on leaders to add a new skill set – one that Stephen Miles defines as “SocQ.” “SocQ is a DNA issue for an organization, just like ethics or compliance,” says Miles, CEO of The Miles Group/ TMG, in his new podcast on the topic. “People in the organization must be equipped to handle the fact that every individual on this planet is a broadcaster of information. It’s all viral and instantaneous and puts out there, for all the world to see, the much greater expectations on companies today around social responsibility.” The podcast episode – SocQ: The New Leadership Skill Required for the Social Economy – is part of TMG’s C-Suite Intelligence podcast series. The new series provides tips and advice from the TMG executive coaches drawn from years of working with top-level and emerging talent in companies ranging from the largest Fortune 50 global corporations to high-growth start-ups backed by VC firms and private equity. What is SocQ, and why do executives need it now? As he was coaching CEOs, Miles developed the concept of SocQ – short for “social intelligence