Summercamp 2013: Why happiness is a serious business with Nic Marks

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Happiness is a serious business!

Nic Marks, founder Happiness Works

“What’s love

got to do with

it?”Tina turner

“What’s

got to do with

it?”Happiness Works

happiness

Barbara Fredrickson’s “Broaden and Build”theory of positive emotions

Photo by Annika Bischof

Connectedthe amazing power of social networks and how shape our lives

Nicolas Christakis & John Fowler

3 great pieces of research

that together show“happiness is a serious business”

1st

“happiness is a serious business”

positive emotions in teams and at work

Fredrickson and Losado:

Positive teams at work

60Strategic Business

Unit

PerformanceProfitability

Customer Satisfaction

POSITIVITYNEGATIVITY

Team meetings

Team Performance Positivity / Negativity ratio

HIGH (15)

MEDIUM (26)

LOW (19)

Fredrickson and Losado:

Positive teams at work

Team Performance Positivity / Negativity ratio

HIGH (15) 5.61

MEDIUM (26) 1.86

LOW (19) 0.36

Fredrickson and Losado:

Positive teams at work

POSITIVE : NEGATIVE3 : 18 : 1

Magic Ratio

Fredrickson and Losado:

Positive teams at work

2nd

“happiness is a serious business”

Happiness Performance

11 ORGANISATIONS

2,000+ TEAMS

140,000+ RESPONDENTS

Happiness

Performance

Time 1 Time 2Happiness

Performance

Happiness

Performance

Time 1 Time 2Happiness

Performance

Happiness

Performance

Time 1 Time 2Happiness

Performance↗↗

Happiness

Performance

Time 1 Time 2Happiness

Performance↗

Happiness

Performance

Time 1 Time 2Happiness

Performance↗↗↗

Happiness works!

“these data suggest that the impact of happiness at work on performance is twice as large as from

performance to happiness at work” Jim Harter, Gallup

Happiness works!

but is it taken seriously?

3rd

“happiness is a serious business”

“The management are focused on employees to the detriment of shareholders.”

“The management are focused on employees to the detriment of shareholders.”

“Why would I want to buy a stock like that?”Equity analyst quoted in Business Week

“I happen to believe that in order to reward the shareholder in the long term, you have to please your customers and

employees.”Jim Sinegal, Costco’s CEO, quoted in the Wall Street Journal

Companies listed in the top 100 “great places to work” have outperformed the market every

year between 1985–2011 by 2.3 – 3.8%.Source: “The link between Job Satisfaction and Firm Value” Alex Edmans; Academy of Management Perspectives 2012

www.happinessworks.com

Easy to answer questions

Two Tips

transparency mattersrelease results

Two Tips

it’s the conversations that create change

discuss results

www.happinessworks.com

free webinarsfree trial survey

is simply the best

Happiness Works

happiness