Data-Driven Tool to Measure Wellbeing Across Countries

Exhaustive research across academic, industry, and public policy sources was conducted to identify theoretically justified and empirically validated drivers of a nation state performance. B|G supported the organization in the following ways:

• Established a validated definition of governance to support the review and selection of relevant data inputs/sources that underpinned the index initiative.
• Identified and defined four overarching dimensions for the index: Governance and Resilience; Economy and Society; Environment and Health; Future and Progress.
• Cultivated and developed four elements to comprise each dimension of the index for a total of 16 elements.
• Qualified and assembled a holistic set of qualitative and quantitative data sources/indices measuring each aspect of global momentum in its accepted definition.
• Analyzed data inputs in terms of availability and quality as well as presented alternative data collection instruments in response to any gaps.
• Generated a super-set of more than five hundred data points as being congruent with the aims of the index.

B|G narrowed down data points into a manageable index and developed the inaugural model to enable the index to inform and support policy makers in their policy making decisions.

• Isolated 48 key indicators that best fit the established index measures that aligned with a set of screening criteria.
• Validated the model using mathematical modeling in addition to consulting with external experts to legitimize the indices.
• Performed simulations of the model using hypothetical data and then executed a beta test with a small set of true data to validate the index results.
• The above outlined measures yielded an Environmental Analysis report that drove discussion and encouraged engagement during the vision setting workshop.
• Refined the index model based on client feedback and confirmed the final index product.

‍

B|G ran all secondary country data on the model and developed a research brief and technical guide.

• Collected secondary data for all the countries that were to be included in the index and computed “state” (where the country stands today) and “momentum” (rate of change across the years) scores for each country.
• Developed a research brief containing findings and analysis from the index, including country state and momentum scores segmented by dimension and geography, and an in-depth look at the state and momentum of select country case studies.  
• Produced a technical guide detailing the index development and execution process, the index methodology, and a description of all secondary data sources.

‍

The client unveiled the index to the internal organization in 2018.

• Policymakers and governments gained insight into both their country’s current state as well as their country’s momentum towards the future across various dimensions and time horizons.
• Policymakers and governments became empowered to make more impactful, data-driven policy decisions to improve the wellbeing of their citizens and monitor the impact of these policy changes over time.
• Policymakers and governments were given the opportunity to have data-driven discussions with their constituents from the available index data.
• Constituents were able to better understand how their governments and policymakers were impacting their wellbeing.
• Businesses were able to understand which countries are investing in the health, happiness, and prosperity of their citizens, and develop business strategies to compliment, partner, and accelerate both economic outcomes and societal wellbeing.

‍