Professional Documents
Culture Documents
InsideBE Nudgestock Ebook Compressed
InsideBE Nudgestock Ebook Compressed
InsideBE Nudgestock Ebook Compressed
crammed into
25 pages
25 main ideas by 25 speakers in 25 pages
Behavioral science can be incredibly effective, but is it enough on its own? How and under what
conditions does it work best? For which industries? For what target audiences?
You'll learn all that and more over the next 25 pages.
If you didn't manage to take notes from Nudgestock, don’t worry - we've taken them for you, so you
can look back over the most relevant information and use it in your work at any time. Keep it close to
hand - it's worth it.
We’ve also taken the liberty of preparing a BONUS - an incredible selection of business case studies
related to each of the presentations.
We at InsideBE are particularly interested in practical ways to apply the insights from science to
business, so we put together these case studies with the world's best BE experts to give you
inspiration for your own day-to-day decisions.
Companies tend to repeat the same practices and configurations over and over again, expecting
them to bring about significant changes that just don't come.
Behavioral science and psychology in marketing make that change happen. And it doesn't have to be
particularly complex.
Matej Sucha
Editor in Chief of insideBE
2021
Is everything
BS?
“ Is everything around BS (behavioral science)?” asks
Rory and follows with a simple answer “ Everything is Rory Sutherland
BS but BS isn’t everything” Vice Chairman of Ogilvy
C
onsider a sale in a shop. An economist will say it is
consistent with economic theory because if you
reduce price sales go up. But a sale doesn’t work exclusively because the price is lower. Scarcity (the
product might sell out) or social proof (many people are buying it) play an important role. Sale is
therefore not purely economics nor purely behavioral.
Nudging to
end poverty
In her speech, Abigail stresses that you need to
understand things from people’s perspectives if you Abigail Dalton
want to change their behavior. Mind, Behavior, and
Development Unit
Abigail gives an interesting example of a project in Haiti where people were reluctant to leave their
homes and hide in hurricane shelters. Three main barriers causing it were discovered and addressed
through a creative campaign: 1.
People did not receive alert messages
2.
Messages were not adapted to the format and language that people
understood.
intervention designers.
Azwiendasari
She adds that you must perfectly understand the Sustainability Communications
motivations and the barriers that prevent people and Behaviour Design
Traps of
Efficiency
The main message of Guru’s speech is that we
shouldn’t strive for efficiency at all costs. Sometimes Guru Madhavan
it’s meaningful inefficiencies that add tremendous Senior Director of Programs,
of Engineering
Bear in mind that the difference
between medicine and poison is
slight. More is not always better.
This is true not only for efficiency but for many other aspects of business too. Paradoxically, too
much information or choice might harm sales and customer satisfaction.
The ergodicity
alarm
Would you do a coin toss if you could gain a 50%
increase on your current assets every time you get Ollie Hulme
heads but lose 40% of your assets when you get tails? Researcher at Danish
On average, people gain money in this game. But only for Magnetic Resonance
the ensemble average (over a lot of people) rises. The
average declines over time (so an individual probably
loses money). Basically, a few lucky ones get a lot of wealth while the majority loses. With this
example, Ollie explains you should be real careful about the types of averages that are presented to you.
People can change their risk attitudes based on context, which means
our intuition is more ad anced than the economic theory proposes
v .
Fundraising
secrets
In her short speech, Maddie gave a quick overview of
5 key strategies for effective fundraising: Maddie Croucher
Make it relevant - personally meaningful.
Senior Consultant
Together, they make up the acronym RAISE. Thanks to these principles, they managed to create
surprisingly effective campaigns.
Rethinking
psychopharmacology
and behaviour change
David Nutt
Head of the Centre for
Why is alcohol socially accepted while psychedelics
Neuropsychopharmacology,
aren’t? Both have been a part of human history for as
Imperial College London
long as we can remember.
He also makes a parallel to psychedelics and briefly explains their healing potential and why we
should pay attention to them, claiming that “ psychedelics will be the next great revolution in
psychotherapy.”
2021
BE Sci and
Headspace
Headspace is a digital meditation and mindfulness
application that aims to improve health and Claire Purvis
happiness in the world. But to truly bring a Senior Director of
Users resorted to Headspace in states of anxiety. So, Headspace ran a ‘5-day stress program’ and used
behavioral science techniques to calm users on the spot. This resulted in a 9% increase in the
likelihood of members using the app in 24 hours.
How’s Your
Form
When someone asks us “ How are you?”, Rob
Stephenson says we rarely answer this question Rob Stephenson
authentically. To make us more intentional about our Wellbeing consultant and
thoughts and behaviour, he tells us to add a simple
CEO at FormScore
word. He asks, “ How are you today?”
In his stride to break the stigma around mental health, Rob developed Form - a self-reflection tool to
evaluate one’s own mental wellbeing and support one another in the workplace.
2021
Influencer
Marketing is
full of BS Ian Randolph
Case Study: An Ingenious Restaurant Case Study: How Maritz Achieved a 40%
Menu Redesign That Increased Increase in Click Through Rate Using
Average Customer Spend Recommendation Transparency
2021
ultimately we need people who can imagine and create for the future.
Frazzled
500 years ago we didn't die because
of stress, now we do.
Ruby recommends that anyone feeling frazzled meet up with people and do something nice. Do a
good deed every single day, even if just for yourself. If we want to feel better, we need to be open,
and we need to change the way we think.
We're not teflon, and the bad doesn't have to stick to us.
2021
Evolutionary
Ideas
different answers.
Global Consulting Partner
Consulting's Behavioural
We assume that big problems need
Science Practice
big ideas.
One way to find a solution is through biomimicry. Biomimicry is a practice that finds inspiration in
nature in order to solve modern design problems. One of the most innovative designs, the Japanese
Thanks to the language of Behavioral Science, we’re able to map existing patterns and re-engineer
How to become
more creative
Great ideas don’t come from logic, they come from
playing; because fiddling around with something is John Cleese
how you untap your unconscious mind. Actor, comedian,
Decarbonization
Shazeen’s works focuses on what people understand
about climate change and how we can motivate them
to do something about it.
The thing is, there is quite a knowledge gap. People Shazeen Attari
underestimate the effect of behaviors that can Associate Professor at
actually help and think the most effective things the Oneil School of Public
they can do are the easiest behaviors, like turning off & Environmental Affairs
the lights, which has very minimal impact.
And it worked. People's estimations really improved. The knowledge gap decreased, which is the first
step towards behavioral change.
Humanomics: A new
& old way of looking
into the economy
Deirdre McCloskey
Deirdre argues that “ not everything can be Former professor of English
quantified in a classical way,” as some phenomena and Philosophy, Economist,
are hugely subjective. Humanomics, as a wider Historian
economic science, should take this into account.
Humanomics, a new way of economics, should put more emphasis on the historical impact of such
inventions and not reduce them to cost-utility analysis and statistical significance testing, which can
be very misleading.
of Your Customers
2021
Noise
When we measure length with a fine
ruler, we won’t get the same result twice.
There will be variability. The variability
Daniel Kahneman
So, not only are individuals biased in different ways, sometimes even the same person is biased
slightly differently. This unwanted variability is what the Noise is about.
To reduce the noise in business meetings, individuals should write down their opinions first
because as soon as they start talking, these opinions converge.
for Applying BS
any private and public action. or have a disproportionate effect. For more
principles, definitely check out the Manifesto
once it comes out.
Happy Hour
Trade at Pix
Meaningful value creation in the wine world is only going to come from
The challenge is to figure out how to make us enjoy it equally, no matter whether it comes from a
Pandemic
Networks
The Spread of germs is the price
we pay for the spread of ideas. Nicholas Christakis
Director of the Human
The virus shows our need to come together and share Nature Lab
Social ties mean the more vaccinated friends you have, the more likely you are to get vaccinated
(social proof), while the biological contagion makes you more likely to get vaccinated if you see more
of your friends getting sick. The layers of a dueling contagion interfere with each other, the question
is which one is going to win?
Think About What Your Customers Case Study: How a Job Search Portal
Might Lose Before Thinking About Increased Conversions by 154% Without
What They Might Gain Changing a Single Word in Job Ads
2021
Ogilvy
on Vaccines
If someone doesn’t understand
Chris Graves
what's in a vaccine and how they
The founder of
at Ogilvy Consulting
Ogilvy decided to mitigate fears about how the COVID
vaccines were made so quickly and used different
analogies to explain how different vaccines work.
To make the message resonate, they needed to find the right frame of reference, i.e. linking it to
something people know, like… Star Wars.
From Darth Vader as the agent of evil, baby Vader as its weakened form, to training Jedi knights
using Vader’s empty helmet or a “ how to make mRNA manual,” it looks like the creative team really
had fun with it while doing something worthwhile.
Covid vs.
Global South
Is behavioral science universal or is there diversity
we need to take into account when designing Neela Saldhana
effective interventions? Founding Director of the Centre
What’s counted? In the Middle East, coronavirus was linked to stigma, so people were
underreporting cases
What’s reported? In Kenya, gender violence is underreported by women because they don’t use
official channels
Context and asking the right questions are key for effective solutions.
2021
Loose cultures have less order and more autonomy, of Maryland and authorof the
and we can observe more creativity, higher book Rule makers, rule brakers
tolerance, and openness to change in them. Tight
cultures arise in groups facing collective threats,
which is why they’re much more uniform and direct,
which helps lower crime rates.
The real question is: “ Which one is better?” Michele found
Too tight and too loose out that too tight and too loose cultures are maladaptive
and can cause higher rates of depression, suicide, higher
cultures are maladaptive. blood pressure, and less happiness. That’s why Michele
created the EASE model to help loosen tight cultures and
SECURE a model to tighten loose cultures.
Contagion
actually work.
Damon Centola
social media because they have a greater chance of School for Communication
edge of the network in small large number of people. Damon’s research found the
Change needs to start at the edge of the network in small structured groups and achieve a critical mass, then
it hits influencers and continues to grow exponentially until it reaches the unstructured periphery as well.
Fake! Believers,
Spreaders and why
51% of us share fake news
Gordon Pennycook
because we don’t investigate
Assistant Professor, University of
whether it’s true or not. Regina's Hill/Levene Schools of
Business
Gordon says it’s not all social media that’s to blame Renee DiResta
because we’re still the agents who decide what we Technical Research Manager,
share: “ When you go on Facebook, you want a break Stanford Internet Observatory
One’s susceptibility to sharing fake news depends on their comprehensive thinking style (openness
to being wrong, trusting intuitions, a tendency to question our beliefs, overconfidence). Another
problem stems from our motivation to share. People want to be good informants for their
community. They try to introduce new facts and the accuracy comes second.