Revolutionizing Training

Abstract

Experiential learning is a powerful tool for cultivating autonomous learners and promoting meaningful knowledge and skill transfer to the workplace. This approach to learning became effective when incorporated into organizational training programs, as it boosted learners' willingness to learn and helped to reduce worker turnover. In the wake of the 2021 Great Resignation, in which millions of Americans left their jobs, organizations must embrace evolving forms of instruction and guidance to retain their workers and remain competitive. Organizations spend upwards of $1252 per worker on training. When such organizations miscarry or are unsuccessful in training workers, these workers leave to find different work. This chapter provides an agenda for organizations seeking to implement experiential learning, including peer-group learning, and mentoring. By leveraging these tools, organizations can reap the benefits of experiential learning and ensure that their workers have the skills and knowledge they need to thrive in the ever-changing business landscape.