learning curve

Gen Mgt [m1]1. 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.
2. 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.

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  • learning curve — ˈlearning ˌcurve noun [countable usually singular] the rate at which you learn a new skill: • Everyone in the Administration Centre has been through a very steep learning curve. * * * learning curve UK US noun [C, usually singular] HR ► the rate… …   Financial and business terms

  • learning curve — learning curves N COUNT: usu sing A learning curve is a process where people develop a skill by learning from their mistakes. A steep learning curve involves learning very quickly. Both he and the crew are on a steep learning curve... There is a… …   English dictionary

  • learning curve — n the rate at which you learn a new skill ▪ Everyone in the centre has been through a very steep learning curve (=they had to learn very quickly) …   Dictionary of contemporary English

  • learning curve — learning ,curve noun count the rate at which you learn something: a steep learning curve (=when you have to learn something very quickly) …   Usage of the words and phrases in modern English

  • learning curve — n. 1. the time required to learn certain information, acquire certain skills, etc. 2. the rate of progress in such learning represented on or as if represented on a graph …   English World dictionary

  • learning curve — ► NOUN ▪ the rate of a person s progress in gaining experience or new skills …   English terms dictionary

  • Learning curve — The term learning curve refers to the graphical relation between the amount of learning and the time it takes to learn. Initially introduced in educational and behavioral psychology, the term has acquired a broader interpretation over time, and… …   Wikipedia

  • learning curve — noun a graph showing the rate of learning (especially a graph showing the amount recalled as a function of the number of attempts to recall) • Hypernyms: ↑graph, ↑graphical record * * * noun, pl ⋯ curves [count] : the rate at which someone learns …   Useful english dictionary

  • Learning Curve — A concept that describes how new skills or knowledge can be quickly acquired initially, but subsequent learning becomes much slower. At first, a minimal investment of resources yields significant results, but the payback from continuing effort is …   Investment dictionary

  • learning curve — / lɜ:nɪŋ kɜ:v/ noun 1. a process of learning something that starts slowly and then becomes faster 2. a line on a graph which shows the relationship between experience in doing something and competence at carrying it out 3. a diagram or graph that …   Dictionary of banking and finance

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