Training Zone has published a good article on experiential learning here.
"It’s generally accepted that most of the learning that occurs within our organisations takes place outside formal training and learning events. The majority of our learning comes from the new and different experiences we have in our daily work. Learning also comes from practice and from conversations and from taking the opportunity to reflect on our experiences and on those of others.
Smart organisations are now looking to exploit the fact that most learning comes through these four channels (experience, practice, conversation and reflection)..."
Naturally, Integration Training's own business training approach is highly experiential :-)