Disrupting the Status Quo: From Economic Growth to Social Progress
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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.
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Disrupting the Status Quo: From Economic Growth to Social Progress
- 1. SOCIAL PROGRESS INDEX Professor Michael E. Porter Harvard Business School Social Progress Imperative #socialprogress
- 2. 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
- 3. 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. Social Progress Imperative #socialprogress
- 4. DESIGN PRINCIPLES • Non-economic indicators • Outcomes rather than inputs • Holistic framework • Relevant to all countries Social Progress Imperative 4 #socialprogress
- 5. SOCIAL PROGRESS INDEX MODEL Social Progress Imperative 5 #socialprogress
- 6. FIRST 50 COUNTRIES Social Progress Imperative 6 #socialprogress
- 7. NEXT STEPS Social Progress Improve Network Measurement A decentralized effort to drive Increase usefulness of framework change at the local level and individual measures • Interpret and disseminate results • Incorporate feedback • Advocate for local level change • Increase the number of countries • Share ideas for improving the • Study inputs and drivers framework and its use Social Progress Imperative #socialprogress
- 8. 00.01am Thursday 11th April 2013 Social Progress Index data released www.socialprogressimperative.org Twitter: @socprogress #socialprogress partner@social-progress.org Social Progress Imperative #socialprogress
Notas del editor
- Who Needs It?The challenge for leaders in government who want to go “beyond GDP” has been what measure of wellbeing to use?Lack of measurement has also obscured the opportunities for business to redirect capitalism to tackle societal challenges (Shared Value).Without a rigorous, comprehensive measure of social and environmental value, it can be difficult for social entrepreneurs to argue for investments in noneconomic aspects of development.