disrupting the status quo: from economic growth to social progress
DESCRIPTION
Michael Porter is one of the world’s leading thinkers on strategy and competitiveness and leading authority on the competitiveness of nations and regions. His work, particularly on the Global Competitiveness report has helped improve the lives of millions of people, by helping countries choose evidence-based policies to accelerate economic progress. In recent years, Porter has raised the question of why the legitimacy of business has fallen to levels not seen in recent history. His 2011 work on creating shared value addresses such questions and provides concrete solutions. Today Porter is wrestling with a related but broader challenge. His talk will outline a new frontier and framework for thinking about development: social progress.TRANSCRIPT
Social Progress Imperative #socialprogress
Professor Michael E. Porter
Harvard Business School
SOCIAL PROGRESS INDEX
Social Progress Imperative #socialprogress
THE IMPERATIVE
• In both economic and business development, our understanding of success has been incomplete
• The insufficiency of GDP is widely recognized
• We must measure social progress directly in order to assess its progress and inform improvement
Social Progress Imperative #socialprogress
WHAT IS SOCIAL PROGRESS?
Social progress is the capacity of a society to meet the basic human needs of its citizens, establish the building blocks that allow citizens and communities to enhance and sustain the quality of their lives, and create the conditions for all
individuals to reach their full potential.
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DESIGN PRINCIPLES
• Non-economic indicators
• Outcomes rather than inputs
• Holistic framework
• Relevant to all countries
Social Progress Imperative #socialprogress
SOCIAL PROGRESS INDEX MODEL
5
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FIRST 50 COUNTRIES
Social Progress Imperative #socialprogress
Increase usefulness of framework and individual measures
A decentralized effort to drive change at the local level
Social ProgressNetwork
Improve Measurement
NEXT STEPS
• Interpret and disseminate results
• Advocate for local level change
• Share ideas for improving the framework and its use
• Incorporate feedback
• Increase the number of countries
• Study inputs and drivers
Social Progress Imperative #socialprogress
00.01am Thursday 11th April 2013
Social Progress Index data released
www.socialprogressimperative.org
Twitter: @socprogress
#socialprogress