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Experimentation Works

The Surprising Power of Business Experiments
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( 343 ratings, 44 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Experimentation Works by Stefan H. Thomke explores how companies can use systematic experimentation to drive innovation and enhance decision-making. The book provides insights into creating a culture that embraces experimentation, offering case studies from leading organisations. Thomke outlines practical strategies for implementing experimental frameworks to improve business performance and foster entrepreneurial thinking.
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Format: Hardback
$6499
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you are curious about how experimentation can drive business innovation and improve decision-making. It offers insights into using controlled experiments to test ideas, optimise processes, and foster an innovative company culture. Ideal for entrepreneurs and business leaders keen on leveraging data-driven strategies for growth.

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Experimentation Works

Don't fly blind. See how the power of experiments works for you.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Don't fly blind. See how the power of experiments works for you.

When it comes to improving customer experiences, trying out new business models, or developing new products, even the most experienced managers often get it wrong. They discover that intuition, experience, and big data alone don't work. What does? Running disciplined business experiments. And what if companies roll out new products or introduce new customer experiences without running these experiments? They fly blind.

That's what Harvard Business School professor Stefan Thomke shows in this rigorously researched and eye-opening book. It guides you through best practices in business experimentation, illustrates how these practices work at leading companies, and answers some fundamental questions: What makes a good experiment? How do you test in online and brick-and-mortar businesses? In B2B and B2C? How do you build an experimentation culture?

Also key is that best practice means running many experiments. Indeed, some hugely successful companies, such as Amazon, Booking.com, and Microsoft, run tens of thousands of controlled experiments annually, engaging millions of users. Thomke shows us how these and many other organisations prove that experimentation provides significant competitive advantage.

Experimentation Works is your guidebook to a truly new way of thinking and innovating.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Experimentation Works by Stefan H. Thomke is highly praised for its insights into transforming business decision-making through systematic experimentation. It is celebrated as a vital resource for leaders, featuring recognition from influential publications like Forbes and strategy+business. Reviewers note its practical advice on adopting experimentation to drive innovation and improve competitive advantage, particularly in the digital era.

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Book Details

INFORMATION

ISBN: 9781633697102

Publisher: Harvard Business Review Press

Format: Hardback

Date Published: 18 February 2020

Country: United States

Imprint: Harvard Business Review Press

Illustration: Illustrations

Audience: General / adult

DIMENSIONS

Width: 155.0mm

Height: 234.0mm

Weight: 0g

Pages: 288

About the Author

Stefan H. Thomke, a leading authority on the management of innovation, is the William Barclay Harding Professor of Business Administration at Harvard Business School. He is the author of Experimentation Matters: Unlocking the Potential of New Technologies for Innovation (Harvard Business Review Press, 2003), as well as over one hundred articles, cases, and notes published in books and journals such as Harvard Business Review, Management Science, and MIT Sloan Management Review. Thomke has chaired numerous executive education programs, both at Harvard Business School and in companies around the world. He is a frequent conference speaker and adviser to global business leaders.

You can find the author at:
hbs.edu/faculty/Pages/profile.aspx?facId=6566
linkedin.com/in/stefan-thomke-innovation/

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