The Social Progress Index (SPI) is
designed to measure national well-being.
In the field of social entrepreneurship, is using this tool the way to
guarantee success in pursuing social ventures?
I think it’s an effective way to find the true areas that need
improvement in each country in order to raise the overall well-being. While the results of the index cannot be completely
comprehensive, taking a sample of the population and surveying basic human
needs, nutrition, foundations of wellbeing, and opportunity provide a broad
base to come as close to accurately assessing true well-being. Each of these categories go further in
looking at specific components that would contribute to that area of life. What I think is successful about the social
progress index, is that it does not factor into economics, which can easily
lead us astray in determining well-being or happiness. Instead it looks at
areas such as: personal rights, access to basic knowledge, shelter and others –which
provides the opportunity to survey each area using qualitative means.
Yes, there is still a lot of room
for the immeasurable and the SPI cannot provide all of the information it sets
out to collect, but it is a good start.
What does it mean for the social entrepreneurs? To create a product or policy that will
benefit the society, the SPI can lead innovators and entrepreneurs to the
direct areas that would be of most benefit to the well-being of the country –as
determined by the SPI. This could create
a more systematic and possibly more effective way for innovations to accomplish
the positive change that they are created for.
Is this the best tool available
today for social entrepreneurs?
Will this serve as a more
effective way to address the needs of societies today?
Sources:
http://www.fastcoexist.com/1681830/forget-gdp-the-social-progress-index-measures-national-well-being
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