Enhancing Knowledge Retention through Experiential Learning PPT

This PPT slide, part of the 27-slide Lean Warehousing Transformation PowerPoint presentation, presents a comparative analysis of knowledge retention across different learning methods in the context of a Model Warehouse designed for Lean Warehousing Transformation. It highlights 3 primary learning modalities: traditional books and presentations, simulations and games, and hands-on training in a real-world warehouse environment.

The data shows that knowledge retention is significantly higher in experiential learning settings. After 3 weeks, participants retain 70% of knowledge from books, 72% from simulations, and an impressive 85% from real-world training. However, the retention rates drop sharply over 3 months. Knowledge retention from reading and presentations plummets to just 10%, while simulations yield a retention of 32%. In stark contrast, the hands-on approach maintains a retention rate of 65%.

The slide emphasizes the effectiveness of practical training in enhancing long-term knowledge retention. It suggests that the Model Warehouse not only facilitates immediate learning, but also fosters deeper understanding and application of concepts over time. This insight is crucial for organizations aiming to optimize their training methodologies and ensure that employees can effectively apply learned skills in their roles.

The supporting text reinforces these findings, indicating that the knowledge gained through practical training in a Model Warehouse has an average retention rate of 85% after 3 weeks and 65% after 3 months. This data underscores the importance of investing in experiential learning environments to maximize knowledge retention and application in supply chain operations.

This slide is part of the Lean Warehousing Transformation PowerPoint presentation.

Download the Full Presentation

EXPLORE MORE SLIDES FROM THIS PRESENTATION

EXPLORE MORE PRESENTATIONS ON

Supply Chain Analysis Lean Management Warehouse Management Supply Chain Warehousing

Are you familiar with Flevy? We are you shortcut to immediate value.

Flevy provides business best practices—the same as those produced by top-tier consulting firms and used by Fortune 100 companies. Our best practice business frameworks, financial models, and templates are of the same caliber as those produced by top-tier management consulting firms, like McKinsey, BCG, Bain, Deloitte, and Accenture. Most were developed by seasoned executives and consultants with 20+ years of experience.

Trusted by over 10,000+ Client Organizations

Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.

Flevy is the world's largest knowledge base of best practices.

Leverage the Experience of Experts.

Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.

Download Immediately and Use.

Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.

Save Time, Effort, and Money.

Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.

Read Customer Testimonials

"Last Sunday morning, I was diligently working on an important presentation for a client and found myself in need of additional content and suitable templates for various types of graphics. Flevy.com proved to be a treasure trove for both content and design at a reasonable price, considering the time I

... [read more]

– M. E., Chief Commercial Officer, International Logistics Service Provider

"As a consultant requiring up to date and professional material that will be of value and use to my clients, I find Flevy a very reliable resource.

The variety and quality of material available through Flevy offers a very useful and commanding source for information. Using Flevy saves me time, enhances my expertise and ends up being a good decision."

– Dennis Gershowitz, Principal at DG Associates

"FlevyPro has been a brilliant resource for me, as an independent growth consultant, to access a vast knowledge bank of presentations to support my work with clients. In terms of RoI, the value I received from the very first presentation I downloaded paid for my subscription many times over! The

... [read more]

– Roderick Cameron, Founding Partner at SGFE Ltd

"I like your product. I'm frequently designing PowerPoint presentations for my company and your product has given me so many great ideas on the use of charts, layouts, tools, and frameworks. I really think the templates are a valuable asset to the job."

– Roberto Fuentes Martinez, Senior Executive Director at Technology Transformation Advisory

"Flevy is now a part of my business routine. I visit Flevy at least 3 times each month.

Flevy has become my preferred learning source, because what it provides is practical, current, and useful in this era where the business world is being rewritten.

In today's environment where there are so

... [read more]

– Omar Hernán Montes Parra, CEO at Quantum SFE

"FlevyPro provides business frameworks from many of the global giants in management consulting that allow you to provide best in class solutions for your clients."

– David Harris, Managing Director at Futures Strategy

"[Flevy] produces some great work that has been/continues to be of immense help not only to myself, but as I seek to provide professional services to my clients, it gives me a large "tool box" of resources that are critical to provide them with the quality of service and outcomes they are expecting."

– Royston Knowles, Executive with 50+ Years of Board Level Experience

"If you are looking for great resources to save time with your business presentations, Flevy is truly a value-added resource. Flevy has done all the work for you and we will continue to utilize Flevy as a source to extract up-to-date information and data for our virtual and onsite presentations!"

– Debbi Saffo, President at The NiKhar Group