The 70-20-10 method can not only help boost performance but can also transform your ROI. Those who have used this method usually outperform category email list their competition by a margin of 10-20%. It’s often called the ‘rule of innovation,’ but it’s more category email list of a rule of thumb. It’s also adaptable, so if the numbers don’t work for you and your startup, you can jiggle them about until you find a method that fits you best.
Bugherd-campaign-dan-2022 So, What Actually Is the 70-20-10 Method? It’s a formula Google swears by to bolster its innovation efforts. They invest 70% of resources and human capital in the core business, 20% in the new developments, and 10% in disruptive category email list innovations. More generally, the method is comprised of the idea that 70% of learning category email list comes from experience, experiment, and reflection. This is the hands-on type of working where you get stuck in and learn on the job, essentially.
20% comes from learning by working with category email list others, asking questions, receiving feedback, and coaching colleagues. 10% is social learning with those you work with. This method has been adapted many different times for as many category email list industries and then adapted further to best suit the business using it. What Does It Mean for Startups? Research suggests that because startups are self-driven and social at work, the method should fall at an even split, with 50% on self-learning and 50% on social learning.