Emotional Quotient

One of the topics that has never failed to fascinate me is "Emotional Quotient". I would describe it as a way to manage our emotions to increase our happiness and well being. I admire those people who have high EQs and are able to control their emotions and act logically under pressing situations.
I found this quote so downright true:
Between stimulus and response, there is a space. In that space lies our freedom and power to choose our response. In our response lies our growth and freedom. - Victor Frankl, Man's Search for Meaning
This is one art I would really like to master...