Human Potential Index Challenge
Corinne Le Buhan won The Economist-Innocentive Human Potential Index Challenge. In addition to the $10,000 award, Corinne was invited to present her solution at The Economist Ideas Economy: Human Potential conference in New York in September 2011.
This Challenge touched upon a very interesting theme emerging from the Ideas Economy: Human Potential conference – metrics. Societal, environmental, governmental and economic metrics and indices have long been known to be tremendously useful tools for tracking the progress of humankind. For example, Bhutan’s Gross National Happiness index has helped that country’s government better manage its population’s contentment and make changes for those parts of the country that were lagging. Similarly, there’s the commission on the measurement of economic performance and social progress that focuses on quantifying the output of the economy and society of France. And finally a third example is the OECD’s quality of life index which tries to quantify how many of the world’s economies are growing and evolving based on the governance and policies they enact.
The objective of this Challenge was to come up with a new metric or index to capture an important element of society. The metric or index should be relevant to the conference’s main theme of enabling human potential, defined as how successfully individuals, organizations, and societies are able to unleash intellectual energy and capitalize on it for social and economic progress. While Solvers were not required to start quantifying their metrics or indices, they were required to be able to reasonably explain where to locate the data needed both now and in the future (assuming that the creation of some reasonable data collection infrastructure would be possible). Even though a metric or index could be used to quantify local trends of human potential, it was more interesting to the Economist to learn about metrics or indices that measure trends at least at the country or regional level, if not at the global level.
Corinne Le Buhan currently works as a technology analyst in IP management and valuation. She has a PhD in communication systems from the Swiss Federal Institute of Technology. Currently, she lives in the Swiss Alps with her husband Frederic Jordan, also a technology entrepreneur, and their two daughters.
Watch Corinne's interview at The Economist Ideas Economy: Human Potential conference in New York on Sept 14th, 2011:
Corinne proposes new metrics to capture the combination of creativity and knowledge sharing, unique capabilities of human beings, as a proxy of Human Potential development. First, she identifies and defines “creative sharing” as an important and differentiating element of human societies. Second, she reviews existing metrics and analysis tools related to either creativity or knowledge sharing evaluation, most of which are still in their infancy, and then derives an original “creative sharing” measurement model to overcome the state of the art limitations.
Corinne's ideation proposal builds upon a variety of recent research work from a diversity of fields ranging from social sciences to web analytics through scientometrics, and calls for the setup of a transversal worldwide expert team to further experiment and refine “creative sharing” metrics as a more human-friendly indicator of humankind development than GDP in the intellectual, creative capitalism era transition.