Peer Potential
As the pace of technological change continues to accelerate, forward-thinking companies are "beginning to reconsider their approach to identifying and developing in-house talent.” Effective training requires timely, individualized feedback, which managers often struggle to provide due to time constraints and sheer volume of employees. Yet there is a resource often left untapped: peers. In a recent article, Paxton Riter, founder and CEO of iDesign, mentioned Practice as one of five technologies that “matter for both today’s challenges and the future of corporate learning,” especially when it comes to peer learning: “Companies like Practice now apply an interactive approach to simulations — or “‘apprenticeships’” — to ensure participants learn more than they would with memorization alone.” According to a Penn State study, the average of five peer grades is consistent with that given by a manager or instructor. By leveraging the power of peer assessment, organizations can create a robust culture of continuous learning where every member is engaged in personal growth and empowered to help others grow.
