A LOAD OF BS ON SPORT

054: Alex Chesterfield on behavioural change at NatWest Group


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Alex is Head of Behavioural Risk at NatWest Group  where she and her team develop innovative data-led ways to reduce the risk of poor outcomes for the bank, and customers, resulting from behavioural root causes.

She has also just regained her student card; as of September she started a part-time PhD at The London School of Economics!

She is also the author of the highly acclaimed ‘Poles Apart: Why People Turn Against Each Other, and How to Bring Them Together’, clearly a book for our times.

Show notes

  • Alex’s interest in tribalism, partisanship and a polarised, divided society
  • Pre-empting poor outcomes – prevention is better than cure
  • Social identity in the bank: what is driving behaviours and mindsets?
  • How are targets and goals designed?
  • How information is presented to customers (e.g. payment journeys) influences how they make decisions
  • Negative outcomes, fundamental attribution errors, complex systems and unintended harm
  • Customer behaviour online vs bricks and mortar
  • Perceptions of Alex’s team in the bank
  • Promoting shared goals and identity to get buy-in
  • How do we use behavioural science to create better customer experiences?
  • Designing better workplaces and customer journey environments so that behavioural change happens naturally 

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