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Why A “Learning Curve Is Steep” Is Wrong: Understanding The Learning Curve In Manufacturing

How most people understand the learning curve - that a learning curve that is steep means that it is difficult to learn is wrong. The actual way to understand the learning curve is to think about how much performance you gain from moving an increment amount of experience. Generally, a steep learning means that you are actually making much progress, and learning a lot for a given amount of experience. In other words, it is the opposite of what people mean by a steep learning curve. What most people mean is a shallow learning curve when they say a learning curve is steep. Where does the learning curve in manufacturing come from? 1. The acquisition of knowledge of experience. 2. People learning their expected roles and how to interact with other people. This might be called transactive memory. 3. The accumulation of codified knowledge. 4. Increased specialization in manufacturing. 5. Reinvestment of the value that is created. There are many factors with a learning curve that is yet to be explored. Check out: What is Organizational Memory? Why Is Organizational Memory Important?    • What is Organizational Memory? Organi...   What Is Knowledge Management? Password Insanity!    • Knowledge Management: What Is It And ...   How To Become An Expert At Something: Deliberate Learning, And 10000 Hours Of Practice    • How To Become An Expert At Something:...   Example Of A Learning Curve & Steep Learning Curve Meaning - Strategy Saturdays    • Example Of A Learning Curve & Steep L...   Top 5 Industries That Could Be Transformed By Machine Learning And Algorithms    • Top 5 Industries That Could Be Transf...   Costs And Benefits Of Organizational Learning: Advantages And Disadvantages Of A Learning Org?    • Costs And Benefits Of Organizational ...   What Is Learning?    • What Is Learning? - Individual And Or...   *************** David Maslach is a research professor of entrepreneurship, innovation, and business strategy, I discuss topics, such as behavioral science, strategy, innovation, and entrepreneurship, and apply these to my new peer proofreading and editing platform. Topics include the sharing economy, altruism, investing in technology, starting a business, and bounded rationality. My favorite videos pertain to incentives, goal setting, and learning from failure to drive behaviors such as weight loss, stopping telemarketers, creating novel technologies, and creating new movements. https://r3ciprocity.com: Peer proofreading and editing platform A new platform where you can earn credits by editing other people's documents. Use these credits to have your own work edited. If you do a good enough job, you can convert these credits to money. The goal of the platform is to get people to 'pay it forward' and help other people out by creating incentives for people to give back. Check out https://www.r3ciprocity.com Please subscribe to the Youtube channel:    / @r3ciprocityteam