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Happiness is a serious business! Nic Marks, founder Happiness Works

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

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Page 1: Summercamp 2013: Why happiness is a serious business with Nic Marks

Happiness is a serious business!

Nic Marks, founder Happiness Works

Page 2: Summercamp 2013: Why happiness is a serious business with Nic Marks
Page 3: Summercamp 2013: Why happiness is a serious business with Nic Marks

“What’s love

got to do with

it?”Tina turner

Page 4: Summercamp 2013: Why happiness is a serious business with Nic Marks

“What’s

got to do with

it?”Happiness Works

happiness

Page 5: Summercamp 2013: Why happiness is a serious business with Nic Marks
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Barbara Fredrickson’s “Broaden and Build”theory of positive emotions

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Photo by Annika Bischof

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Connectedthe amazing power of social networks and how shape our lives

Nicolas Christakis & John Fowler

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3 great pieces of research

that together show“happiness is a serious business”

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1st

“happiness is a serious business”

Page 15: Summercamp 2013: Why happiness is a serious business with Nic Marks

positive emotions in teams and at work

Page 16: Summercamp 2013: Why happiness is a serious business with Nic Marks

Fredrickson and Losado:

Positive teams at work

60Strategic Business

Unit

Page 17: Summercamp 2013: Why happiness is a serious business with Nic Marks

PerformanceProfitability

Customer Satisfaction

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POSITIVITYNEGATIVITY

Team meetings

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Team Performance Positivity / Negativity ratio

HIGH (15)

MEDIUM (26)

LOW (19)

Fredrickson and Losado:

Positive teams at work

Page 20: Summercamp 2013: Why happiness is a serious business with Nic Marks

Team Performance Positivity / Negativity ratio

HIGH (15) 5.61

MEDIUM (26) 1.86

LOW (19) 0.36

Fredrickson and Losado:

Positive teams at work

Page 21: Summercamp 2013: Why happiness is a serious business with Nic Marks

POSITIVE : NEGATIVE3 : 18 : 1

Magic Ratio

Fredrickson and Losado:

Positive teams at work

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2nd

“happiness is a serious business”

Page 23: Summercamp 2013: Why happiness is a serious business with Nic Marks

Happiness Performance

11 ORGANISATIONS

2,000+ TEAMS

140,000+ RESPONDENTS

Page 24: Summercamp 2013: Why happiness is a serious business with Nic Marks

Happiness

Performance

Time 1 Time 2Happiness

Performance

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Happiness

Performance

Time 1 Time 2Happiness

Performance

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Happiness

Performance

Time 1 Time 2Happiness

Performance↗↗

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Happiness

Performance

Time 1 Time 2Happiness

Performance↗

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Happiness

Performance

Time 1 Time 2Happiness

Performance↗↗↗

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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

Page 30: Summercamp 2013: Why happiness is a serious business with Nic Marks

Happiness works!

but is it taken seriously?

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3rd

“happiness is a serious business”

Page 32: Summercamp 2013: Why happiness is a serious business with Nic Marks

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

Page 33: Summercamp 2013: Why happiness is a serious business with Nic Marks

“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

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“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

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Page 37: Summercamp 2013: Why happiness is a serious business with Nic Marks

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

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www.happinessworks.com

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Easy to answer questions

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Two Tips

transparency mattersrelease results

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Two Tips

it’s the conversations that create change

discuss results

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www.happinessworks.com

free webinarsfree trial survey

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Page 49: Summercamp 2013: Why happiness is a serious business with Nic Marks

is simply the best

Happiness Works

happiness