Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > FROM DOGGY TREATS TO FAKE CHAT-BOTS, THIS NEW BOOK IS THE ANTIDOTE TO BORING BUSINESS THEORY
    Business

    FROM DOGGY TREATS TO FAKE CHAT-BOTS, THIS NEW BOOK IS THE ANTIDOTE TO BORING BUSINESS THEORY

    Published by Gbaf News

    Posted on July 21, 2017

    6 min read

    Last updated: January 21, 2026

    An illustration showcasing advanced data recovery solutions, emphasizing the importance of robust backup systems for businesses to quickly restore operations after disasters. Relevant to technology and finance sectors.
    Illustration of data recovery and backup systems related to disaster recovery - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    “Whatever happens, we don’t want people to write to the Daily Mail”

    Huge business change has to start somewhere.  A new book from the team at Fluxx: “Whatever happens, we don’t want people to write to the Daily Mail” aims to show hungry business people how to quickly unlock potential and reinvent a business – with a ‘test and learn’ approach to new ideas and projects.

    Fluxx is a London-based business experiment consultancy, and has delivered the antidote to complex business theory.  Its fascinating collection of stories, tips and advice gives a look behind the scenes of some of the most effective business experiments carried out.

    Read anecdotes from the Fluxx team, doing anything from choosing dog treats to pretending to be a ticket machine or a chat-bot.  The book explains how quick experiments can turn into successful new products, and even reinvent the way an entire business works.

    For this new book, Fluxxcalls on a bank of knowledge gained from working with everyone from Lloyds Bank, GAME, More Than and William Hill to the UK Parliament.

    Richard Poole, managing partner at Fluxx explains: “Ideas arrive as a pitch; a PowerPoint deck selling a dream accompanied by a spreadsheet filled with hopeful numbers. Leaders have to make decisions about these ideas before anything has been built.

    “Often ideas live as pitches for years, some become projects.  Budgets are attached, staff are hired, plans are drawn up. Eventually, the product is launched and exposed to the real world for the first time.
Sometimes, this is a shock. The real world is messy and confusing. Customers don’t do what they said they’d do in focus groups.

     “We learned the idea of lean business experiments from start-ups that have successfully scaled up. Someone bootstrapping an idea from their kitchen table can’t afford to waste time or money on ideas that are unlikely to succeed.”

    Four types of Fluxx experiment featured in the book:

    1. Wizard of Oz: to the customer, it looks like an all singing all dancing product. Behind the scenes it’s held together with manual labour. That cool chat-bot? Really a human being. This works well when the service will rely on complex automation or an elaborate supply chain.
    2. Fake Door: use advertising, websites or videos to explain your proposition before you create a real service. Ask customers to commit in some way, for example by signing up for a newsletter or giving a deposit. This is an effective way of gauging market desirability with little effort, and powers services like Kickstarter.
    3. Lookalike: Use existing tools to simulate the service that you plan to provide. Create something that is as close to the service you envision as you can get using whatever tools you can find. Sometimes, even rebranding a competitor’s product can help customers understand your idea.
    4. Popup: Create a handheld, small scale version of your experience for a short period of time. Pop-up experiments are often restricted to people in a local area. While often requiring a lot of effort they provide an opportunity to see exactly how people interact with the product or service.

    Read more here in the book.

    For more information on Fluxx, visit https://fluxx.uk.com.

    “Whatever happens, we don’t want people to write to the Daily Mail”

    Huge business change has to start somewhere.  A new book from the team at Fluxx: “Whatever happens, we don’t want people to write to the Daily Mail” aims to show hungry business people how to quickly unlock potential and reinvent a business – with a ‘test and learn’ approach to new ideas and projects.

    Fluxx is a London-based business experiment consultancy, and has delivered the antidote to complex business theory.  Its fascinating collection of stories, tips and advice gives a look behind the scenes of some of the most effective business experiments carried out.

    Read anecdotes from the Fluxx team, doing anything from choosing dog treats to pretending to be a ticket machine or a chat-bot.  The book explains how quick experiments can turn into successful new products, and even reinvent the way an entire business works.

    For this new book, Fluxxcalls on a bank of knowledge gained from working with everyone from Lloyds Bank, GAME, More Than and William Hill to the UK Parliament.

    Richard Poole, managing partner at Fluxx explains: “Ideas arrive as a pitch; a PowerPoint deck selling a dream accompanied by a spreadsheet filled with hopeful numbers. Leaders have to make decisions about these ideas before anything has been built.

    “Often ideas live as pitches for years, some become projects.  Budgets are attached, staff are hired, plans are drawn up. Eventually, the product is launched and exposed to the real world for the first time.
Sometimes, this is a shock. The real world is messy and confusing. Customers don’t do what they said they’d do in focus groups.

     “We learned the idea of lean business experiments from start-ups that have successfully scaled up. Someone bootstrapping an idea from their kitchen table can’t afford to waste time or money on ideas that are unlikely to succeed.”

    Four types of Fluxx experiment featured in the book:

    1. Wizard of Oz: to the customer, it looks like an all singing all dancing product. Behind the scenes it’s held together with manual labour. That cool chat-bot? Really a human being. This works well when the service will rely on complex automation or an elaborate supply chain.
    2. Fake Door: use advertising, websites or videos to explain your proposition before you create a real service. Ask customers to commit in some way, for example by signing up for a newsletter or giving a deposit. This is an effective way of gauging market desirability with little effort, and powers services like Kickstarter.
    3. Lookalike: Use existing tools to simulate the service that you plan to provide. Create something that is as close to the service you envision as you can get using whatever tools you can find. Sometimes, even rebranding a competitor’s product can help customers understand your idea.
    4. Popup: Create a handheld, small scale version of your experience for a short period of time. Pop-up experiments are often restricted to people in a local area. While often requiring a lot of effort they provide an opportunity to see exactly how people interact with the product or service.

    Read more here in the book.

    For more information on Fluxx, visit https://fluxx.uk.com.

    More from Business

    Explore more articles in the Business category

    Image for Empire Lending helps SMEs secure capital faster, without bank delays
    Empire Lending helps SMEs secure capital faster, without bank delays
    Image for Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Image for How Commercial Lending Software Platforms Are Structured and Utilized
    How Commercial Lending Software Platforms Are Structured and Utilized
    Image for Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Image for Why More Mortgage Brokers Are Choosing to Join a Network
    Why More Mortgage Brokers Are Choosing to Join a Network
    Image for From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    Image for From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    Image for Global Rankings Revealed: Top PMO Certifications Worldwide
    Global Rankings Revealed: Top PMO Certifications Worldwide
    Image for World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    Image for Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Image for The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    Image for Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    View All Business Posts
    Previous Business Post“THAT’S NOT MY JOB”: ARE JOB DESCRIPTIONS THE BE ALL AND END ALL WHEN DELEGATING?
    Next Business PostRETAILERS MUST BE “PEAK-PROOF” WELL-AHEAD OF TIME TO MAXIMISE REVENUE