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Behavioural Insights and Radical Innovation

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Presentation on theme: "Behavioural Insights and Radical Innovation"— Presentation transcript:

1 Behavioural Insights and Radical Innovation
CBS Public-Private Platform – May, 18 Mikkel Brok-Kristensen:

2 RED ASSOCIATES Copenhagen & New York At ReD, we put a deep understanding of real people back at the center of business decision-making. Our teams solve some of today’s hardest problems.

3 We believe in the value of being there, observing and understanding
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4 4

5 Jealous / annoyed

6 1 Behavioural Economics

7 It is making basic sense
2 It is making basic sense

8 3 $ Insights is not impact, and to a lot of people social sciences are far too often offering only understanding, rather than implications

9 4 It gives a simple starting point: rules
Halo effect Loss aversion Framing effect Endowment effect Social proof Optimism bias Insights is not impact, and to a lot of people social sciences are far too often offering only understanding, rather than implications

10 ie. people tend to avoid the largest
Screen presentation: N/A Printed report: Front cover for “Letter of Proposal” or ”White Paper”

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13 Potential for radical innovation?
Screen presentation: N/A Printed report: Front cover for “Letter of Proposal” or ”White Paper”


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