Behavioural Business

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THE BEHAVIOUR BUSINESS

Richard Chataway
THE BEHAVIOUR BUSINESS Book PDF

Author : Richard Chataway
Publisher : Harriman House Limited
Page : 187 pages
File Size : 55,5 Mb
Release : 2020-02-18
Category : Business & Economics
ISBN : 9780857197351

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THE BEHAVIOUR BUSINESS by Richard Chataway Pdf

If you are in business, you are in the business of behaviour – and unless a business influences behaviour, it will not succeed. In the last 50 years we have learnt more about how we behave than over the previous 5,000. This book shows how behavioural science has revolutionised our understanding of how people really think (or don’t) – and how we can use those insights in our businesses to influence behaviour and gain competitive advantage. Richard Chataway works for the BVA Nudge Unit, a global consultancy specialising in behavioural change, and has experience in everything from getting people to join the armed forces, drink spirits rather than wine, and buy flatpack furniture – to developing the world’s most successful stop-smoking mobile app. Introducing the leading thinkers and practitioners from this new field (and sharing dozens of real-world examples), Richard guides readers through the hidden influences, biases and fallacies that influence the behaviour of customers, employees, and business leaders alike – and shows how we can ethically use these insights to: • powerfully attract and retain customers • fuel true and lasting innovation • stand apart in the new world of increasing automation and artificial intelligence • change workplaces and maintain happy and productive employees and teams • and a lot more! It’s time to shape behaviour instead of simply reacting to it. The Behaviour Business is the eye-opening, practical guide you have been waiting for.

Behavioural Business

Janneke Blijlevens,Meg Elkins,Ananta Neelim
Behavioural Business Book PDF

Author : Janneke Blijlevens,Meg Elkins,Ananta Neelim
Publisher : Springer Nature
Page : 218 pages
File Size : 40,6 Mb
Release : 2023-04-10
Category : Business & Economics
ISBN : 9789811955464

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Behavioural Business by Janneke Blijlevens,Meg Elkins,Ananta Neelim Pdf

This book explores all aspects of the new and emerging area of behavioural business. This book identifies behavioural business as a powerful application of the latest insights and tools from psychology and behavioural science to decision-making in business, management and policy. This book uniquely positions behavioural business as different from both behavioural economics and psychology. This book instead applies a fresh focus on behavioural interventions in policy and business. This book introduces this new area and showcases what it contributes to a number of important contemporary business and policy issues. These include behavioural insights for managers in diverse and multi-cultural workplaces, designers of organisations, interventions, products and services, financial advisors, public policy makers, business creatives and entrepreneurs as well as charity and NGO practitioners. This book summarises state-of-the-art knowledge in the areas of expertise of the authors, who are members of the Behavioural Business Lab at RMIT University in Australia. This book will interest advanced students in related subjects as well as academics and policy makers hoping to learn and apply behavioural insights to their areas of expertise.

Behavioral Science in the Wild

Nina Mažar,Dilip Soman
Behavioral Science in the Wild Book PDF

Author : Nina Mažar,Dilip Soman
Publisher : University of Toronto Press
Page : 400 pages
File Size : 41,7 Mb
Release : 2022-04-27
Category : Business & Economics
ISBN : 9781487527532

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Behavioral Science in the Wild by Nina Mažar,Dilip Soman Pdf

Behavioral Science in the Wild helps managers understand how best to incorporate key research findings to solve their own behavior change challenges in the real world – from lab to field. Behavioral Science in the Wild helps managers to implement research findings on behavioral change in their own workplace operations and to apply them to business or policy problems. As the second book in the Behaviourally Informed Organizations series, Behavioral Science in the Wild takes a step back to address the "why" and "how" behind the origins of behavioral insights, and how best to translate and scale behavioral science from lab-based research findings. Governments, for-profit enterprises, and welfare organizations have increasingly started relying on findings from the behavioral sciences to develop more accessible and user-friendly products, processes, and experiences for their end-users. While there is a burgeoning science that helps us to understand why people act and make the decisions that they do, and how their actions can be influenced, we still lack a precise science and strategic insights into how some key theoretical findings can be successfully translated, scaled, and applied in the field. Nina Mažar and Dilip Soman are joined by leading figures from both the academic and applied behavioral sciences to develop a nuanced framework for how managers can best translate results from pilot studies into their own organizations and behavior change challenges using behavioral science.

Escalation in Decision-Making

Helga Drummond,Julia Hodgson
Escalation in Decision Making Book PDF

Author : Helga Drummond,Julia Hodgson
Publisher : CRC Press
Page : 215 pages
File Size : 43,9 Mb
Release : 2016-05-13
Category : Business & Economics
ISBN : 9781317141693

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Escalation in Decision-Making by Helga Drummond,Julia Hodgson Pdf

When a venture seems to be faltering, do you persist and hope that things will get better or do you cut your losses? This may be one of the most important decisions business or project owners may ever have to make. Persistence involves the risk of throwing good money (or resources) after bad, but owners may feel they have too much invested to quit now. Escalation in Decision-Making reveals why social scientists believe that owners may not respond rationally to such predicaments. Instead of exiting when the odds are clearly stacked against them, they re-invest and end up compounding their losses - a phenomenon known as escalation of commitment. The authors, Helga Drummond and Julia Hodgson, also introduce the concept of entrapment, a variation whereby decision-makers passively drift towards insolvency as the cost of changing direction becomes too high. So: · what drives escalation? · why do some owners quit whilst others persist until the bailiffs arrive? · what can we learn from owners' mistakes? · what makes newcomers believe they can succeed where others are conspicuously failing? These questions of behavioural economics are answered using a narrative that analyses decisions made by market traders facing economic extinction. Many highly successful entrepreneurs started their careers in markets - it was once an almost guaranteed route to prosperity - now market traders are struggling to survive. Although the market traders featured are small entrepreneurs, the ubiquitous phenomenon of escalation at the heart of these stories is widely relevant to practitioners such as project managers in large organizations and to those responsible for managing risk in many situations. Rich in case studies involving real business decisions and dilemmas, Escalation in Decision-Making provides an accessible introduction to the application of theory against a background of growing interest in behavioural economics, now being researched and taught in univ

The Irrational Consumer

Enrico Trevisan
The Irrational Consumer Book PDF

Author : Enrico Trevisan
Publisher : Routledge
Page : 156 pages
File Size : 50,8 Mb
Release : 2016-03-09
Category : Business & Economics
ISBN : 9781317026952

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The Irrational Consumer by Enrico Trevisan Pdf

Companies of all kinds have fallen into some of the most fundamental of traps when it comes to consumer marketing; in assuming that the motivation that drives their customers is entirely rational. Enrico Trevisan's The Irrational Consumer builds on the ground breaking works on behavioural economics of authors such as Daniel Kahneman and Richard Thaler in order to explain the fundamental drivers of customer decisions and how to incorporate these into your business strategy. Learn how consumers respond to different offer architectures and discounts; why they sometimes struggle to see the wood for the trees in a world of ever-increasing options; what are the rules of thumb they develop for making sense of value. Behavioural economics offers organizations perspectives for engaging with customers, whose views on what to buy are strongly driven by contextual factors, such as the framework and the dynamics of choices. Enrico Trevisan's The Irrational Consumer is your 'must-have' primer to this world.

Absolute Essentials of Business Behavioural Ethics

Nina Seppala
Absolute Essentials of Business Behavioural Ethics Book PDF

Author : Nina Seppala
Publisher : Routledge
Page : 92 pages
File Size : 49,5 Mb
Release : 2020-10-07
Category : Business & Economics
ISBN : 9781000193534

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Absolute Essentials of Business Behavioural Ethics by Nina Seppala Pdf

Behavioural ethics in business is an emerging field that has challenged some of the established wisdom about ethics and added some truly new insights into our understanding about decision-making and behaviour. Why do seemingly responsible employees and managers sometimes act in bad ways? This book explains how people behave in real situations and what action can be taken to nudge behaviour in a more ethical direction. This concise textbook is ideal for use in the classroom as core or additional reading on courses in business ethics and corporate social responsibility; organisational behaviour and psychology; and any module with ethics content (for example, accounting ethics and strategic management). Each chapter is presented as a story with details about the experimental designs and related research findings. The key features include learning outcomes, suggested class activities, mock assessment questions, and an annotated list of key readings and these provide a one-stop text for tutors and students interested in this increasingly important area of study.

Ripple

Jez Groom,April Vellacott
Ripple Book PDF

Author : Jez Groom,April Vellacott
Publisher : Harriman House Limited
Page : 196 pages
File Size : 44,5 Mb
Release : 2020-03-31
Category : Psychology
ISBN : 9780857197542

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Ripple by Jez Groom,April Vellacott Pdf

How do you get people who work in pig abattoirs to wash their hands? How does painting the walls of a canteen pink make construction workers behave more safely? And how can baby faces spray painted onto shop shutters reduce anti-social behaviour? Ripple is about how small behaviour changes can have wide-reaching effects in the real world. By applying behavioural science in your working life, you can have positive ripple effects on the world around you. While nudging is now commonplace in politics, most of our daily interactions with companies, products, and services have not yet been transformed with behavioural science. Doing so is often a messy process but, armed with this book, you’ll have the practical toolkit to get started. Through storytelling and practical tips, Ripple takes you on a journey across the globe which will leave you inspired to start applying behavioural science to improve the world around you. www.ripple-book.com

A Brain for Business – A Brain for Life

Shane O'Mara
A Brain for Business A Brain for Life Book PDF

Author : Shane O'Mara
Publisher : Springer
Page : 169 pages
File Size : 41,6 Mb
Release : 2017-10-06
Category : Business & Economics
ISBN : 9783319491547

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A Brain for Business – A Brain for Life by Shane O'Mara Pdf

Behaviour change is hard, but O’Mara shows that by adopting strategies that are well-founded in the science of brain and behaviour individuals and organisations can adapt to the demands of the modern world. The brain matters in business. The problem is that our brains have many biases, heuristics and predilections that can distort behaviour and decision making. The good news is that we know more about how these work than ever before. O’Mara’s starting point is that, as our behaviour arises from the structure and function of our brains, careful examination of a series of brain–based (‘neurocognitive’) analyses of common aspects of human behaviour relevant to business and management practice reveals lessons that can be used at work. He begins by looking at neuroplasticity and how it is enables a shift from a restrictive ‘fixed mindset’ to an enabling ‘growth mindset’. He shows how this changing mindset approach – where the focus is on task and improvements based on effort – is scalable within organisations. Next, as the brain is a living organ like the heart and lungs, O’Mara shows how to keep it physically in the best possible shape before examining how we exercise control over our behaviour, build resilience and create positive brain states. He also considers the implications for business of our brains wiring for status and illustrates how research shows that it is possible to de-bias assumptions about gender and race – and the impact that this has on performance.

Business Psychology and Organisational Behaviour

Eugene F. McKenna
Business Psychology and Organisational Behaviour Book PDF

Author : Eugene F. McKenna
Publisher : Psychology Press
Page : 730 pages
File Size : 42,8 Mb
Release : 2000
Category : Business & Economics
ISBN : 0863776671

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Business Psychology and Organisational Behaviour by Eugene F. McKenna Pdf

Introductory textbook about business psychology and organisational behaviour.

Behavioral Insights

Michael Hallsworth,Elspeth Kirkman
Behavioral Insights Book PDF

Author : Michael Hallsworth,Elspeth Kirkman
Publisher : MIT Press
Page : 250 pages
File Size : 49,8 Mb
Release : 2020-09-01
Category : Psychology
ISBN : 9780262539401

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Behavioral Insights by Michael Hallsworth,Elspeth Kirkman Pdf

The definitive introduction to the behavioral insights approach, which applies evidence about human behavior to practical problems. Our behavior is strongly influenced by factors that lie outside our conscious awareness, although we tend to underestimate the power of this “automatic” side of our behavior. As a result, governments make ineffective policies, businesses create bad products, and individuals make unrealistic plans. In contrast, the behavioral insights approach applies evidence about actual human behavior—rather than assumptions about it—to practical problems. This volume in the MIT Press Essential Knowledge series, written by two leading experts in the field, offers an accessible introduction to behavioral insights, describing core features, origins, and practical examples. These insights have opened up new ways of addressing some of the biggest challenges faced by societies, changing the way that governments, businesses, and nonprofits work in the process. This book shows how the approach is grounded in a concern with practical problems, the use of evidence about human behavior to address those problems, and experimentation to evaluate the impact of the solutions. It gives an overview of the approach's origins in psychology and behavioral economics, its early adoption by the UK's pioneering “nudge unit,” and its recent expansion into new areas. The book also provides examples from across different policy areas and guidance on how to run a behavioral insights project. Finally, the book outlines the limitations and ethical implications of the approach, and what the future holds for this fast-moving area.

Economic Behaviour

Constantin Brătianu,Florina Pînzaru,Alexandra Zbuchea
Economic Behaviour Book PDF

Author : Constantin Brătianu,Florina Pînzaru,Alexandra Zbuchea
Publisher : Cambridge Scholars Publishing
Page : 265 pages
File Size : 49,5 Mb
Release : 2017-05-11
Category : Business & Economics
ISBN : 9781443891752

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Economic Behaviour by Constantin Brătianu,Florina Pînzaru,Alexandra Zbuchea Pdf

The current economy is more complex and surprising than ever before: global and local factors combine to shape a very diverse framework, where organizations and management practices are challenged. This book presents a selection of studies that deal with economic behavior, both at the macro and micro level. It presents some well-defined aspects and builds on a new understanding of decision-making and economic development based on ethics and knowledge. It also emphasizes the human factor in shaping business and economic strategies as part of the international competition and interdependencies.

The Behaviorally Informed Organization

Dilip Soman,Catherine Yeung
The Behaviorally Informed Organization Book PDF

Author : Dilip Soman,Catherine Yeung
Publisher : University of Toronto Press
Page : 354 pages
File Size : 47,9 Mb
Release : 2020-12-16
Category : Business & Economics
ISBN : 9781487537173

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The Behaviorally Informed Organization by Dilip Soman,Catherine Yeung Pdf

Every organization is fundamentally in the business of behavior change, whether it be a government trying to get a business to comply with environmental regulations, a business persuading its customers to be loyal to its products, or a financial institution encouraging a client to start saving for retirement. Behavior change is critical to organizational success, but despite its centrality to organizations, we do not have a good understanding of how organizations can successfully employ insights from behavioral science in their operations. To address this gap, this book develops an overarching framework for using behavioral science. It shows how behavioral insights (BI) can be embedded in organizations to achieve better outcomes, improve the efficiency of processes, and maximize stakeholder engagement. This edited volume provides an enterprise-wide strategic perspective on how governments, businesses, and other organizations have embedded BI into their operations. Contributions by academics and practitioners from the Behaviourally Informed Organizations partnership highlight pragmatic frameworks and prescriptive outcomes via illustrative case studies. Featuring a foreword by Cass R. Sunstein, this book investigates key findings from BI, with an eye toward how it can be used to solve problems and seize opportunities in diverse organizations.

Uncertainty and Behaviour

Melanie E. Kreye
Uncertainty and Behaviour Book PDF

Author : Melanie E. Kreye
Publisher : Routledge
Page : 152 pages
File Size : 43,8 Mb
Release : 2016-04-14
Category : Business & Economics
ISBN : 9781317005506

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Uncertainty and Behaviour by Melanie E. Kreye Pdf

Uncertainty affects us in our everyday lives, and in a wide range of situations but how do individuals and indeed organisations respond to uncertainty and how does it impact their decision-making and actions? Based on the latest developments in academic research, the author offers solid advice on how to manage uncertainty in every-day life, bringing a new perspective to these issues and extrapolating this to offer implications for an organisational and managerial context. The author brings this emerging area of research to a wider audience by: Tying together insights from various fields including psychology, engineering, business and management. Creating a framework for usefully applying the research concepts in every-day life. Extrapolating insights from the psychology of individual decision makers to the organisational context and managerial decision-making. Creating highly applicable and impactful recommendations for how managers, organisations, and every day people can understand and manage uncertainty in their life. The book is divided into two main parts. Part I deals with the behaviour of individuals facing uncertainty and includes accessible explanations and examples of every-day applications, while Part II deals with behaviour in organisations facing uncertainty, where insights from Part I are combined and related to the organisational and work context to explore how, for example, (mis)-perceptions and decision-making biases impact managerial life. This is a must read for both managers and those who are seeking to better understand their own behaviour and management approach.

Conduct Risk Management

Roger Miles
Conduct Risk Management Book PDF

Author : Roger Miles
Publisher : Kogan Page Publishers
Page : 312 pages
File Size : 45,8 Mb
Release : 2017-01-03
Category : Business & Economics
ISBN : 9780749478629

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Conduct Risk Management by Roger Miles Pdf

Conduct risk is at the core of behavioural regulation, a new approach to regulating financial services, whose new agencies and public prosecutors have spread rapidly across the world. Its prosecutors intervene assertively to challenge financial service providers to show clear evidence of a new customer-centric approach, which understands and responds to the hidden drivers of customer behaviour. They use their unprecedented powers to levy very large fines and even to imprison wrongdoers - often for not taking precautions rather than for any active wrongdoing. Conduct Risk Management is a tool for recognizing, acting on, and predicting conduct risk impacts in regulated business. Conduct Risk Management sees beyond econometric and other 'box-ticking' traditions of risk management. Whilst protecting senior managers, it helps all staff to make positive use of conduct risk to promote behaviour the regulator will accept as 'good', as good behaviour is good business. The new conduct regulations personally affect every manager in financial services, and their suppliers, with new regulations making senior managers liable to imprisonment for failures in organizational conduct. Conduct Risk Management sets out plainly what practitioners need to know to understand the regulator's intentions, to prove compliance, protect competitiveness and maintain licence to operate.

The Hour Between Dog and Wolf

John Coates
The Hour Between Dog and Wolf Book PDF

Author : John Coates
Publisher : Random House Canada
Page : 331 pages
File Size : 42,5 Mb
Release : 2012-05-15
Category : Business & Economics
ISBN : 9780307359698

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The Hour Between Dog and Wolf by John Coates Pdf

A successful Wall Street trader turned Cambridge neuroscientist reveals the biology of financial boom and bust, showing how risk-taking transforms our body chemistry, driving us to extremes of euphoria or stressed-out depression. The laws of financial boom and bust, it turns out, have a lot to do with male hormones. In a series of startling experiments, Canadian scientist Dr. John Coates identified a feedback loop between testosterone and success that dramatically lowers the fear of risk in men, especially young men; he has vividly dubbed the moment when traders transform into exuberant high flyers "the hour between dog and wolf." Similarly, intense failure leads to a rise in levels of cortisol, which dramatically lowers the appetite for risk. His book expands on his seminal research to offer lessons from the exploding new field studying the biology of risk. Coates's conclusions shed light on all types of high-pressure decision-making, from the sports field to the battlefield, and leaves us with a powerful recognition: to handle risk isn't a matter of mind over body, it's a matter of mind and body working together. We all have it in us to be transformed from dog to wolf; the only question is whether we can understand the causes and the consequences.