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Tuesday, 24 May 2011

measuring happiness

this video of an rsa event has some useful stuff

jim clifton explains how they asked leaders what they need to know to do their job better - and from that devised 100 questions that if asked pretty much allow us to know their state of mind

they then built consistent sampling frames through 150 countries then asked the questions once a year - at the end they have a hunch what wellbeing, happiness, behavioural economics is about to link how people are thinking to how people are transacting

so what is the world thinking?  - gross simplification but - I want a good job (used to be peace, freedom, family). job creation is new currency of world leaders.  2nd thing is health care

jim harter - what is wellbeing? - evaluating (stays fairly constant) and experience (varies - up in holidays, down on mondays). so what important to the evaluating and experience measures - basic needs, good jobs, health, housing, income (more evaluation), learning/autonomy (more experience).  

in uk key findings - less than 50% thriving, work environment is a weakness, 46% say their community is getting better as a place to live, different incomes have similar health and clean water access but different perceptions of their communities and safety, 1 in4 are obese

ben leedle - well being is bigger than physical health - financial, social, career, emotional, physical, community - key is to understand 1st order impacts between conditions and behaviours to put together a simulation model so eventually can assess impact of various actions  (e.g obesity is driving over a 1/3rd of the modelled productivity loss)

q&a at the end 
- power of the data can help us choose, relationships between factors not always obvious
- need to ask children also
- will data become a game changer itself?
- countries are making different choices (simplistic e.g. - scandanavian use wealth to see more of each, anglo- saxon use to escape each other)
- what saying summary - engaged worker is key (25% are actively disengaged), look at range of factors affecting happiness

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