In an increasingly globalized world, the ability to navigate different cultures is a key factor in successful business negotiations. This concept, known as cultural intelligence or CQ, is the ability to understand, relate, and adapt to new cultural contexts. In the field of business, particularly in negotiations, cultural intelligence serves as a critical skill to bridge mental gaps between parties from different cultural backgrounds.

Cultural intelligence can be broken down into four key components: motivation (CQ Drive), cognition (CQ Knowledge), behavior (CQ Strategy), and action (CQ Action). Combined, these form a framework that individuals and companies can use to understand and adapt to different cultural contexts.

CQ Drive is the individual's interest, drive, and confidence to adapt to multicultural situations. It has the potential to drastically influence one's willingness to participate and adapt in different cultural contexts. This plays a crucial role, especially in business negotiations, where showing interest and knowledge about another culture can facilitate a congenial and productive atmosphere.

With CQ Knowledge, individuals must attain information about the cultural norms, practices, and conventions in different cultures. For those involved in international trade and negotiations, it's crucial to understand the do's and don'ts, negotiation styles, and dynamic of hierarchy in the culture they're dealing with.

CQ Strategy relates to how individuals apply their cultural knowledge and strategize their moves. It's one thing to possess the knowledge, but the ability to apply it strategically in a negotiation is what makes the real difference.

The final component, CQ Action, involves the appropriate adaptation of one's behavior to make it compatible with the cultural context in hand. In business negotiations, the correct display of culturally adapted behavior can serve to break barriers, build trust, and ultimately lead to better business results.

In conclusion, businesses cannot afford to underestimate the power of cultural intelligence in negotiations. In the current era of global business, wielding the power of CQ can give businesses the leading edge, propelling them towards successful international dealings and relationships.