Newsletter | Volume 1

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Are you willing to be happy for the rest of your personal and corporate life?

Promoting good governance, corporate self-reliance, personal, social and planetary happiness, health and hopes, sustainable socio-economic development, safeguarding corporate culture, saving the environment are just some of the subjects for discussion and dialog at the CSR Conference in Bhutan.

The Gross National Happiness (GNH) components have a direct link to Corporate, social, stakeholder or society responsibility (CSR) as a multidimensional measure for the well-being of corporations as well as nations.

Link to stakeholder happiness
GNH and CSR issues are also linked with a set of guidelines and programs and tools with practical applications because both Governance measures are built from data drawn from periodic surveys, district, gender, age, rural-urban residence, etc.

In the GNH Index, unlike certain concepts of happiness in contemporary western literature, happiness is itself multidimensional. Just like in corporate testing, it is a sample of one, measured only by individual well-being. Narrow focus on happiness begins and ends with each employee. At the Bhutan conference, ‘Happiness’ experts will provide the key to find the link to corporate, employee and stakeholder happiness.

The pursuit of happiness is collective, though it can be experienced extremely personally. Different people can be happy in spite of their disparate factors and the options for diversity must be comprehensive. This is also seen often in the corporate world.

Not-yet-happy people
The GNH Corporate Index will familiarize the managers, people and the nation towards happiness, primarily by improving the conditions of not-yet-happy people. We will look at the various components and break apart the GNH Index, to see where corporate anxiety is arising from and for whom.

For policy action, the GNH Index enables the companies and management and others to grow GNH in two ways. It can either increase percentage of people who are happy or decrease the inadequate conditions of people who are not-yet-happy and how to accomplish that.

In the way the GNH Index is constructed, there is a greater incentive for the government and others to minimize the insufficiencies of not-yet-happy people. This can be done by mitigating the various areas of insufficiencies the not-yet-happy face.

Natural resources valuation and compensation
We will develop CSR scenarios, that look beyond traditional CSR models e.g. skills development, operational challenges, values management, improving management infrastructure and/or the combination of Ethics and Sustainability to CSR, we will develop business case that justifies the Financial theory charging for utilization of natural resources and valuation of and compensation for natural resources Implementation:

The conference will also produce a number of scenarios and look beyond the well-established models that include skills development, operational challenges, improving management infrastructure. We will provide proper attention to the new Governance, risk management and compliance metrics to capture the integrity and economic effects through the GNH model.

Click here for the conference brochure
Click here for the conference agenda
Click here for the conference speakers