The Voltage Effect: How to Make Good Ideas Great and Great Ideas Scale

22,78 $

Unlock the secrets to scaling your ideas with “The Voltage Effect” by acclaimed behavioral economist John A. List! This compelling book, a national bestseller, tackles the critical question: What separates groundbreaking concepts that transform the world from those that fade into obscurity? List, renowned for his pioneering work in field experiments and his affiliation with the University of Chicago, demystifies the art of scaling, moving beyond superficial growth metrics to reveal the underlying science. Discover the five essential “vital signs” that determine an idea’s scalability, and learn how to identify and overcome potential “voltage drops” that can derail even the most promising ventures. Through captivating case studies spanning business, education, and public policy from Jamie Oliver’s restaurant empire to innovative approaches to voter turnout List provides actionable strategies for achieving sustainable, widespread impact. “The Voltage Effect” is your essential guide to transforming good ideas into great, scalable realities. Get ready to revolutionize how you think about growth and impact!

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NATIONAL BESTSELLER A leading economist answers one of todays trickiest questions: Why do some great ideas make it big while others fail to take off?

Brilliant, practical, and grounded in the very latest research, this is by far the best book Ive ever read on the how and why of scaling.Angela Duckworth, CEO of Character Lab and New York Times bestselling author of Grit

LONGLISTED FOR THE PORCHLIGHT BUSINESS BOOK AWARD

Scale has become a favored buzzword in the startup world. But scale isn’t just about accumulating more users or capturing more market share. It’s about whether an idea that takes hold in a small group can do the same in a much larger onewhether youre growing a small business, rolling out a diversity and inclusion program, or delivering billions of doses of a vaccine.

Translating an idea into widespread impact, says University of Chicago economist John A. List, depends on one thing only: whether it can achieve high voltagethe ability to be replicated at scale.

In The Voltage Effect, List explains that scalable ideas share a common set of attributes, while any number of attributes can doom an unscalable idea. Drawing on his original research, as well as fascinating examples from the realms of business, policymaking, education, and public health, he identifies five measurable vital signs that a scalable idea must possess, and offers proven strategies for avoiding voltage drops and engineering voltage gains. Youll learn:

How celebrity chef Jamie Oliver expanded his restaurant empire by focusing on scalable ingredients (until it collapsed because talent doesnt scale)
Why the failure to detect false positives early on caused the Reagan-era drug-prevention program to backfire at scale
How governments could deliver more services to more citizens if they focused on the last dollar spent
How one education center leveraged positive spillovers to narrow the achievement gap across the entire community
Why the right set of incentives, applied at scale, can boost voter turnout, increase clean energy use, encourage patients to consistently take their prescribed medication, and more.

By understanding the science of scaling, we can drive change in our schools, workplaces, communities, and society at large. Because a better world can only be built at scale.

Unleash the power of scaling with "The Voltage Effect: How to Make Good Ideas Great and Great Ideas Scale" by renowned University of Chicago economist John A. List. This national bestseller dives deep into the science behind scaling, offering a practical and insightful guide to transforming promising concepts into widespread impact. Are you tired of seeing brilliant ideas fizzle out despite initial success? This book provides the crucial framework for understanding why some initiatives thrive on a large scale while others fail to gain traction. "The Voltage Effect" isn't just another business book filled with empty buzzwords. List, known for his groundbreaking field experiments in behavioral economics (often lauded as a pioneer in this field!), combines rigorous research with captivating real-world examples to reveal the vital signs of scalable ideas. He moves beyond simplistic notions of growth, focusing instead on the core principles that determine whether an idea can maintain its effectiveness and appeal as it expands. Inside, you'll discover the five measurable attributes that define "high voltage" the capacity for replication at scale. List masterfully illustrates these principles through diverse case studies, dissecting both successes and failures in business, policymaking, education, and public health. Learn from the triumphs and missteps of: * **Jamie Oliver's restaurant empire:** Uncover the scalable "ingredients" that fueled its initial expansion, and the critical flaw a reliance on talent that couldn't be replicated that ultimately led to its decline. The book explores how the celebrity chef's focus on standardized processes, leveraging pre-packaged solutions and menu templates, allowed for rapid growth initially. However, the inherent dependence on Oliver's personal brand and the inability to consistently replicate the "Jamie Oliver" experience in every location proved to be a major bottleneck. * **The Reagan-era drug-prevention program:** Understand how the failure to detect and address false positives early on caused a well-intentioned program to backfire spectacularly at scale, inadvertently harming the very people it was designed to protect. List analyzes the program's design flaws, highlighting how the lack of rigorous evaluation and feedback mechanisms allowed the negative consequences to amplify as the program expanded nationally. * **Government service delivery:** Explore how governments can significantly improve their efficiency and impact by focusing on the incremental value of each dollar spent, optimizing resource allocation to maximize citizen benefit. * **Innovative education initiatives:** Learn how one education center successfully leveraged positive spillovers to narrow the achievement gap across an entire community, creating a ripple effect of educational improvement. * **Incentive programs:** Discover how the right set of incentives, carefully designed and implemented at scale, can dramatically boost voter turnout, promote clean energy adoption, and improve patient adherence to prescribed medications. The book presents compelling evidence of how behavioral insights can be applied to create more effective and sustainable solutions to complex societal challenges. Angela Duckworth, author of *Grit*, praises "The Voltage Effect" as "brilliant, practical, and grounded in the very latest research," calling it "by far the best book Ive ever read on the how and why of scaling." This isn't just theory; it's a blueprint for action. List provides actionable strategies for identifying potential "voltage drops" the factors that can undermine scalability and for engineering "voltage gains" the enhancements that can amplify an idea's impact. Whether you're a startup founder, a business leader, a policymaker, or simply someone passionate about making a difference, "The Voltage Effect" equips you with the knowledge and tools to transform your ideas into lasting, widespread change. Understand the science of scaling and unlock the potential to build a better world, one scalable idea at a time. This hardcover edition, published by Currency in 2022, offers 288 pages of invaluable insights, packaged in a durable format designed for repeated reference. Don't just dream of a big impact; learn how to create one with "The Voltage Effect." It's more than a book; it's a catalyst for positive change. Get your copy today and start scaling your ideas for a brighter future!
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Authors

Binding

Condition

ISBN-10

0593239482

ISBN-13

9780593239483

Language

Pages

288

Publisher

Year published

Weight

476

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