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Why do we need a Goodness Index?

If we want a better world, we must begin by measuring what makes it better.

Key ideas

  • Our instruments decide our priorities: what a society measures, it optimises for.
  • Rising wealth and rising despair coexist because goodness has been left off every scoreboard.
  • A Goodness Index complements GDP; it does not replace it — and what is measured is finally valued.

Every age is defined by the instruments it trusts. Ours trusts numbers. A nation is summarised by its gross domestic product; a company by its market capitalisation; a career by its salary; a school by its results; a person, increasingly, by the size of an audience on a screen. None of these measures is wrong. Each was invented to answer a real question. The trouble begins when the instruments stop describing our lives and start directing them.

That is the quiet mechanism the founder of the Institute of Goodness describes in this opening column. People and institutions organise themselves around whatever is counted, reported and rewarded. A scoreboard that only registers points will produce players who only think about scoring — and who stop noticing whether the game itself is still worth playing. In a world that measures wealth, scale, speed and power with clinical precision, those four things become the working definition of success, whether or not anyone chose them.

The paradox of prosperity

If the instruments were complete, prosperity would show up in our collective wellbeing. It does not. Decades of growth, higher incomes and astonishing technology have coincided with a global rise in what economists call diseases of despair. The World Health Organization records anxiety and depression climbing across every region and every age band. The line for wealth points upward; the line for peace of mind points the other way.

The column refuses the easy explanations. This is not a failure of growth, and it is not an argument against ambition. It is evidence that something structural is missing from how progress is defined. A society can be materially richer and humanly poorer at the same time, and no economic indicator will ever flag the second half of that sentence, because no economic indicator was built to see it.

What goodness actually is

The missing element is named without embarrassment: goodness. Not goodness as a mood or a sermon, but goodness as a set of concrete, observable qualities — the alignment of intent, action and impact toward the wellbeing of others. It shows up as integrity when no one is checking, as empathy when it costs time, as fairness when unfairness would pay, as responsibility beyond one's job description, and as the willingness to contribute past the edge of self-interest.

These qualities are not decoration on a functioning society. They are its load-bearing walls. Trust, social cohesion and long-term stability all rest on them. Yet unlike quarterly revenue or annual output, they are almost never counted, and the consequence is predictable. Recognition is one of the most powerful drivers of human behaviour; people do more of what they are appreciated for. When appreciation flows only to material outcomes, goodness is not rejected — it is simply rendered invisible, and invisible things wither.

What we do not measure, we do not value. What we do not value, we do not nurture.
— Ravi Sharma

The cycle of value

The column's central logic is a chain that the Institute has since adopted as its founding statement. What we do not measure, we do not value. What we do not value, we do not nurture. What we do not nurture, we do not sustain. And what we do not sustain eventually disappears. Read forward, the chain explains why kindness still exists in abundance at the level of individuals while steadily shrinking as a priority of institutions. Read backward, it tells us exactly where to intervene: at measurement.

A new compass, not a new engine

This is where the proposal becomes practical. A Goodness Index is not a rival to GDP and does not pretend to be one. GDP measures the engine; the Index proposes a compass. It would capture the human dimension that economic dashboards cannot see — the intent behind decisions, the fairness of systems, how inclusive growth actually is, and the real effect of an enterprise or a policy on the communities it touches. Candidate indicators range from ethical governance and employee wellbeing to social contribution and the treatment of the least powerful people in a supply chain.

Make goodness measurable and it becomes visible. Make it visible and it becomes something people can be appreciated for. And what is appreciated, in every human system ever observed, grows.

Sustainable happiness

The column then turns to a distinction the Institute now uses constantly. Happiness describes how we feel; goodness shapes how we live and how we relate to others. The Bhagavad Gita frames the connection with unusual clarity: fulfilment endures when a person acts for the larger good without attachment to personal gain. Goodness, in this reading, is not the reward for happiness but its foundation. A society that nurtures goodness builds trust; trust strengthens relationships; strong relationships create emotional security; and emotional security is the soil in which a durable, resilient wellbeing can grow. Measuring happiness alone measures the harvest and ignores the soil.

The work ahead

None of this is easy, and the column does not pretend it is. A meaningful Goodness Index needs rigorous research, collaboration across disciplines and participation from sectors that rarely share a table. Educators will have to rethink what a curriculum is for. Policymakers will have to think past the next election. Businesses will have to widen their definition of value beyond the balance sheet. The starting point, however, is modest: an honest admission that our present instruments are incomplete. If we keep measuring only material success, we will keep producing material outcomes — together with their unintended costs. If we begin to measure what actually makes life better, we will begin to nurture it at scale.

What this column set in motion

For the Institute of Goodness this essay is the founding document. Its five named qualities became the Five Foundations — Integrity, Responsibility, Compassion, Respect, Stewardship. Its insistence on measurement became the deterministic rubric behind the Goodness Score. Its distinction between happiness and goodness became the case for placing a World Goodness Ranking beside the World Happiness Report. And its closing sentence became the Institute's shortest mission statement: a better world will not come from intention alone; it will come from what we choose to measure.

Originally published in Business IndiaBusiness India · Guest column · 22 April 2026. This is the Institute’s edition of the piece — a faithful reading in our own words; the original is at the link.
Read the original column
Ravi Sharma

Ravi Sharma

Founder & Chairman, Institute of Goodness. Former Chairperson of the Boards of Governors of IIIT Una and IIIT Nagpur; Founder-President of the IIT Alumni Council; columnist for Business India; member of the World Economic Forum community.

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