Active Stocks
Mon Apr 15 2024 15:59:36
  1. Tata Steel share price
  2. 160.90 -1.59%
  1. ITC share price
  2. 425.90 -0.98%
  1. State Bank Of India share price
  2. 757.75 -1.17%
  1. ICICI Bank share price
  2. 1,078.80 -2.30%
  1. NTPC share price
  2. 361.35 -0.08%
Business News/ Industry / Media/  Former Colors CEO launches happiness quotient tool for corporates
BackBack

Former Colors CEO launches happiness quotient tool for corporates

The two- year programme with regular happiness audits will help chief executives and leadership teams prioritise mental and emotional well-being of their people

The Happiness Index will gather feedback from over 80 countries in 23 different languages and has built its own neuroscience-based platform using AI, ML. (Photo: Abhijit Bhatlekar/Mint)Premium
The Happiness Index will gather feedback from over 80 countries in 23 different languages and has built its own neuroscience-based platform using AI, ML. (Photo: Abhijit Bhatlekar/Mint)

NEW DELHI: Television industry veteran and former chief executive of Viacom18 Raj Nayak’s new media and entertainment company House of Cheer announced the launch Happyness.me - a proprietary tool that measures the happiness quotient of corporates and its people.

Using behavioural psychology, neuroscience, and data-analytics, with inputs from experts in the field, the tool developed in partnership with human insights company The Happiness Index, will be used to measure the happiness quotient within an organisation and to provide customised solutions that empower leaders and inspire teams, the company said in a statement.

The two- year programme with regular happiness audits will help chief executives and leadership teams prioritise mental and emotional well-being of their people.

“With over three decades of experience working in business and industry, we have learned that emotion drives us. Emotions motivate us, they inspire, and they energize us to be productive and to take control of our professional lives. We believe that happiness is the primary emotion that can maximize potential and that has not yet been truly leveraged in the Indian workspace," House of Cheer managing partner Namrata Tata said in a statement.

The Happiness Index will gather feedback from over 80 countries in 23 different languages and has built its own neuroscience-based platform using artificial intelligence and machine learning.

“The future of work will look very different in terms of when, where and how people are working. Whether it is more employees working remotely, flexibly or in a globally distributed model, the challenges of effectively engaging and communicating with your people are increasing and mean that leaders require a new set of emotional skills and insight," Tony Latter, co-founder and head of innovations at The Happiness Index, UK said in a statement.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

ABOUT THE AUTHOR
Lata Jha
Lata writes about the media and entertainment industry for Mint, focusing on everything from traditional film and TV to newer areas like video and audio streaming, including the business and regulatory aspects of both. She loves movies and spends a lot of her free time in theatres, which makes her job both fun and a bit of a challenge given that entertainment news often just talks about the glamorous side of things. Lata, on the other hand, tries to find and report on themes and trends in the entertainment world that most people don't notice, even though a lot of people in her country are really into movies. She’s a graduate of the Columbia School of Journalism.
Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 22 Jun 2020, 01:15 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App