Australian Wellbeing Index – A good measure of performance
French President Nicolas Sarkozy is reported to have said at the Group 20 Summit in Pittsburgh in late 2009 that the world could have predicted the economic crisis had it looked at happiness, wellbeing and sustainability.
Governments and intergovernmental organisations have been looking for additional measures to the traditional quantitative measures like GDP (gross domestic product) and GNP (gross national product).
Well here in Australia there is the answer. The Australia Unity Welling Index is a simple but effective index of wellbeing. This index is compiled scientifically and is meaningful. There is the Personal Wellbeing Index and the National Wellbeing Index.
Presently the index has risen to 76.3 on a 100 point scale which show Australians are more satisfied with their future security and standard of living.
There are many interesting stats within the data from the index however the point is that qualitative data collected in a correct manner can add more value to the quantitative data. It completes the picture of the nation or the business.
You can access the index measurement tool on australianunity.com.au/wellbeingindex/
Photo :- Richard
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