What comes to your mind when you hear the word happiness?
For some, it's a pop culture reference like Paul McCartney singing Happiness is a warm gun on the Beatles' White album, or the award-winning 1998 movie called, well, Happiness. For others, it's about personal happiness, exemplified by Gretchen Rubin's bestselling book, The Happiness Project.
For the United Nations, happiness may be the centerpiece of a new economic paradigm, as discussed in a recent UN conference on Happiness and Well-Being, convened by the tiny Himalayan nation of Bhutan (see my post here about our relentless pursuit of happiness as well as Bhutan's Gross National Happiness Index).
Maybe happiness should be a core element of a new paradigm for your organization too.

Why? We know that models grounded in the GDP (Gross Domestic Product) are running into serious problems. To quote Bhutan's Prime Minister Jigmi Thinley:
"The GDP-lead development model that compels boundless growth on a planet with limited resources no longer makes economic sense. It is the cause of our irresponsible, immoral and self-destructive actions," Thinley said. "The purpose of development must be to create enabling conditions through public policy for the pursuit of the ultimate goal of happiness by all citizens."
Similarly, but on an organizational level, an economic model centered just on the market value of what the compay produces runs into the same problems. What if we add happiness into the mix? Can employee happiness produce wealth for a company? I say yes, a whole lot better than unhappiness can. And no, not just by itself.
Don't dismiss happiness becaue it sounds soft or subjective. Think of it as an essential ingredient of business sucess, as follows: Organizational Happiness means happy employees. Happy employees means greater productivity. Greater productivity means greater profits. Which means happier employees. And on and on.
What would it take for happiness to be a business outcome you fuel, measure, and care about?
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To read the just-released World Happiness Report, by Columbia University professor Jeffrey Sachs and colleagues, click here. For a good NPR story on the UN Conference, click here.