The second Social Progress Index will be officially unveiled on 8th April in London. The Index, originating from the Social Progress Imperative, offers a rich framework for measuring the multiple dimensions of social progress, benchmarking success, and catalyzing greater human wellbeing.
The Social Progress Index 2014 measures a country’s social and environmental strengths and weaknesses (such as healthcare, infrastructure and civil liberties), regardless of its GDP.
Patrick O’Sullivan, Professor of Business Ethics and Academic Director of English track ESC at Grenoble Ecole de Management, has written the core philosophy of the index and its conceptual pillars. His work took place within GEM’s Lab-Center for Competitiveness which has a formal relationship with Professor Michael E. Porter of Harvard Business School, and the Political Economy & Sustainable Competitiveness Initiative.
Patrick provided a critical reflection on the justification on why this Index should be established this way. According to him “Although there have been many laudable efforts to replace GDP with a new index This Social Progress Index is by far the most philosophically well-founded and comprehensive attempt to go beyond the GDP measure. I would like to see this index adopted officially by countries to provide a better picture of how much progress has been made in their societies. The GDP is one measure, whereas the Social Progress Index has 54 different indicators, and thus offers a broader view of what social progress is.”
Patrick is fully available to discuss his contribution.
“This is the example of what academia should aspire to the most: to serve society” – explains Mark Esposito, head of the Lab-Center for Competitiveness and of the Initiative on Political Economy and Sustainable Competitiveness at GEM.