a graphic representation of the acquisition of knowledge or experience over time. A steep learning curve reflects a substantial amount of learning in a short time, and a shallow curve reflects a slower learning process. The curve eventually levels out to a plateau, during which time the knowledge gained is being consolidated.
the proportional decrease in effort when production is doubled. The learning curve has its origin in productivity research in the airplane industry of the 1930s, when T. P. Wright discovered that in assembling an aircraft, the time and effort decreased by 20% each time the cumulative number of planes produced doubled. Bruce Henderson of the Boston Consulting Group formulated the learning curve as a strategic planning device in the 1960s by plotting product costs against cumulative volume.
the mathematical expression of the phenomenon that when complex and labor intensive procedures are repeated, unit labor times tend to decrease at a constant rate. The learning curve models mathematically this reduction in unit production time.
Learning-curve research has found that rates of learning can vary across similar settings, such that cumulative experience is a necessary but insufficient predictor of learning-curve slope. One explanation for this finding is that how the learning process is managed affects rates of learning. At any point in time, organizations can...
Learning-curve research has found that rates of learning can vary across similar settings, such that cumulative experience is a necessary but insufficient predictor of learning-curve slope. One explanation for this finding is that how the learning process is managed affects rates of learning. An additional possibility is investigated. At any...
Mother's Intuition, Inc., creators of "Tummy Honey Stretch Mark Solutions," part of the popular "Bella B Natural Bodycare" line of beauty products, is pleased to announce their acquisition by Learning Curve Brands, Inc. Learning Curve is a subsidiary of RC2 Corporation, a global company committed to quality, innovation and safety....
It is not enough to possess the required characteristics of a salesperson. It is also important to be a part of an active learning curve. The learning curve consists of three key areas, which need to be captured by every sales person. The key areas are knowledge about selling process,...
In the rush to get customers, many companies thought to change the marketing rules. Barriers to entry are any number of strategic, economic, cultural or logistic requirements that may impede or even prevent a company from entering a market or industry. These barriers exist to the extent that they might...
Any angel will tell you there's a significant learning curve. But a big transformation in angel investing is making it easier to move up that curve: the rise of more formal angel investing groups. While many angels are current or former entrepreneurs, and that background can prove invaluable, they also...
Start-up companies progress through the three major stages: product development, go-to-market and market expansion. The least predictable stage for most companies is the go-to-market stage, which begins when the company launches the product. Uncertainty surrounds decisions on the number and timing of resources to deploy and the time and cost...
Frank Governale, vice president of news operations for CBS News, compares the learning curve for new technology to turning an aircraft carrier in the ocean on a moment's notice. "As we implement new technologies, we have to allow for the ...
CHICAGO -- Managed learning services or vendor assistance in the learning and development space is not new, but in the past five years increasing numbers of technological advances and widespread use of the Internet to augment learning activities have made formal efforts to outsource learning more popular. This Learning Solutions...
This paper examines effects of tacit and codified knowledge on performance improvement as organizations gain experience with a new technology. The authors' draw from knowledge management and learning curve research to predict improvement rate heterogeneity across organizations. The paper first notes that the same technology can present opportunities for improvement...
Tele-Communications Inc. is getting into a prelaunch comfort zone with marketing plans for digital TV just as many more ambitious digital schemes are going on ice. After moving through a steep learning curve for much of the past year in its Mount ...
From its inception, e-learning hubs have been closely linked to learning activities and resources. However, there is hardly any research in examining the impact of e-learning hubs on learning outcomes, specifically how to design online learning activities to attain the desired learning outcomes. This paper first shows how to use...
As if the specialty storeowner didn't have enough problems. Mega bookseller Barnes & Noble has installed Learning Curve Thomas the Tank Engine wooden railways playtables in 300 of ... As if the specialty storeowner didn't have enough problems. ...
The Accenture Learning 2004 Survey of Learning Executives has delivered a set of compelling insights into today's learning organizations, both in business and in government. The learning functions at most of the organizations participating in the Accenture Learning survey clearly face heightened expectations to deliver value, prove the business impact...
A good deal of learning (eg. from training) is wasted because the goals are ill- defined, and the workplace supports to apply the learning are missing or absent. Therefore, Learning contracts are designed to help develop shared expectations about the purpose, process and results that are to come from any...
Many banks want to do an acquisition, and many do, but it's a stiff learning curve, says Terrance "Terry" McCarthy, senior executive vice-president and chief operating officer of First Banks, Inc., Clayton, Mo. "You're better off if yo Many banks want to do an acquisition, and...
Few banks have planned adequately for the flattening yield curve. Historically, the vast majority of banks have relied on three things: death, taxes, and a rising yield curve. The rising yield curve made it easy and attractive to borrow short and lend long. If most of the loans stayed current,...
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