BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  How Science and Experiments Can Improve Business Decisions

How Science and Experiments Can Improve Business Decisions

Professor Joanne Yoong, Founder, Research for Impact | Nadhirah Ibrahim, Senior Analyst, Institute for Capital Market Research Malaysia (ICMR)

20-Jun-24 12:00

How Science and Experiments Can Improve Business Decisions

Testing business models, product designs, and strategies are part and parcel of building and doing business, and in recent decades, behavioural and social science has become more commonplace in business, particularly in branding and marketing. Today on Enterprise Explores, we’re going to expand upon this and dive into the role that experiments and the scientific method can play in making better data-driven decisions and evidence-based policy, applicable to policymakers, but also business decision makers.

To explore this, we speak with Dr. Joanne Yong, ICMR Distinguished Fellow and Founder of Research for Impact, a Singapore-based think tank, as well as Nadhirah Ibrahim, Senior Analyst, Institute for Capital Market Research Malaysia (ICMR). She led ICMR’s recent RCT research to assess the impact of financial education interventions on Malaysian youth.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketsmanagingCorporates

Tags:  randomised controlled trialsdata-driven decisionsexperimentssocial sciencebehavioural sciencedecision makingpolicy making





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) In a global debt market of over $100 trillion, the Shariah-compliant Sukuk market has just crossed its own major milestone: $1 trillion. But what exactly are these Islamic financial instruments, how do they differ from conventional debt, and what's driving their rapid growth? Bashar Al Natoor, Global Head of Islamic Finance at Fitch Ratings, joins us to get into all this and more.

12:00 PM

Popcorn Culture

(REPEAT) In the spirit of Merdeka and Malaysia Day, we review three local short films and then on Take 2 go through your favourite Malaysian movies.

1:00 PM

Cruise Control

(REPEAT) It's a review of the new, competitively-priced BYD Atto 2 in this week's episode. Tune in to hear Daniel's thoughts on this car.

2:00 PM

Matt-Splained

(REPEAT) Today, Rich Bradbury and Matt Armitage pose the most explosive question of all and ask: AI, ya basic?

3:00 PM

Earth Matters

(REPEAT) We speak to Dr. Non Arkaraprasertkul, Senior Expert at Thailand’s Digital Economy Promotion Agency, about his work on smart city projects across ASEAN and how technology, policy, and people’s needs can create greener, more livable cities.

4:00 PM

Bar None

(REPEAT) A local football agent joins us in this episode to talk about his world and what goes around in it. Is it as glamorous as it seems?

5:00 PM

BBC World Service

This episode of The Conversation features two women who are managing orchestras in Hungary and the UK.