The Behaviour Business
How to apply behavioural science for business success
Richard Chataway
Foreword by Rory Sutherland, TED talk superstar and vice-chairman of Ogilvy Group UK
Contents
Part One: How to Create a Behavioural Business
Chapter 1: Undoing Economics – A New Way of Thinking
Why is behavioural science important for business?
Two systems of thinking – designing for Homer
How behavioural science changes how we think about business decision-making
Chapter 2: Nudging For Good – How Governments Use Behavioural Science
How to change an irrational behaviour: smoking
Nudging through technology: My QuitBuddy
Chapter 3: Test-Tube Behaviours – How to Deliver Marginal Gains Using Behavioural Science
‘Sciencing the shit’ out of problems
Applying a growth mindset to business challenges
Chapter 4: How to Create a Behavioural Business
Part Two: Delivering in Digital with Behavioural Science
Chapter 5: How Digital Got its FANGs – the Behavioural Science of Digital Business
Using data to leverage social proof: Netflix
Creating addictive products: Amazon
Chapter 6: Digital and the Growth Mindset – the Lean Approach to Using Behavioural Science
Testing using behavioural data
How Facebook embeds test-tube behaviours
Applying this approach
Chapter 7: The Dark (and Light) Side of Digital – a Warning About Ethically Influencing Behaviour
Are you using data ethically – and legally?
Are the outcomes of the behaviour positive or negative?
What are the implications of creating an addictive product or service?
Chapter 8: Behavioural Science in Digital
Part Three: How Behavioural Science Helps Us Better Understand AI, Robots – and People
Monkeys, cucumbers, and grapes
Irrational human behaviour or ‘bugs’?
The AI gold rush
Humans versus algorithms
The limits of AI – a question of trust
Chapter 10: Predicting Behaviour and Eliminating Noise – Behavioural Science and Automation
Better predictions with behavioural science
Removing ‘noise’
The dangers of inconsistency
Technology, behaviour and data
The importance of distinguishing between human and robot
The ethics of AI and automation
Businesses must take the ethical AI lead