IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-76897-3_10.html
   My bibliography  Save this book chapter

Experimenting: What Makes a Good Business Experiment?

In: Connected Business

Author

Listed:
  • Stefan Thomke

    (Harvard Business School, Technology and Operations Management)

Abstract

Running good business experiments has become a competitive advantage but many organizations have considerable difficulty executing them. Although the process of experimentation seems straightforward, it is surprisingly hard in practice, owing to myriad organizational, management, and technical challenges. Most tests of new business initiatives are too informal, as they are not based on proven scientific and statistical methods. Based on a study of best practices in leading companies, we will see how you can run good experiments—and make better decisions—by answering seven important questions (and follow scientific principles). The chapter ends with a detailed checklist for good business experiments.

Suggested Citation

  • Stefan Thomke, 2021. "Experimenting: What Makes a Good Business Experiment?," Springer Books, in: Oliver Gassmann & Fabrizio Ferrandina (ed.), Connected Business, pages 175-196, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-76897-3_10
    DOI: 10.1007/978-3-030-76897-3_10
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-76897-3_10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.