Experiential learning, simply put, is learning by doing.
It allows participants to develop and acquire new skills in a safe environment that reflects real-world situations in an ultra-compressed timeframe. Experiential learning is practiced through business simulations and serious games. Participants can experience years of market activities in a matter of days or even hours.
A Proven Learning Model for Effective Leaders
Studies have shown that the most effective managers learn by following the 70:20:10 model.
- 70% of learnings come from on-the-job experiences
- 20% of learnings come from constructive peer interaction
- 10% of learnings come from traditional training courses and reading
Effective managers learn by actively experiencing and figuring out concepts themselves which is what makes experiential learning so effective.
