What is the 70 20 10 rules?

Quick Peek:

The 70-20-10 rule is a popular concept in the business world that suggests individuals learn 70% of their knowledge from challenging experiences, 20% from developmental relationships, and 10% from coursework and training. This rule emphasizes the importance of informal learning, challenging experiences, and developmental relationships in the growth and development of individuals. By keeping the 70-20-10 rule in mind, individuals can gain the knowledge and experience they need to succeed in their careers and businesses. It can also help organizations create more effective learning and development programs.

The 70-20-10 Rule: A Breakdown of Learning and Development

When it comes to learning and development, the 70-20-10 rule is a popular concept that has been widely used in the business world. This rule suggests that individuals tend to learn 70% of their knowledge from challenging experiences and assignments, 20% from developmental relationships, and 10% from coursework and training.

70% Learning from Challenging Experiences and Assignments

The first part of the 70-20-10 rule highlights the importance of challenging experiences and assignments in the learning process. This means that individuals tend to learn the most when they are faced with difficult tasks and situations that require them to step out of their comfort zone.

For example, if you are an entrepreneur, you may learn the most when you are faced with a difficult business problem that requires you to come up with innovative solutions. By working through this challenge, you will gain valuable knowledge and experience that can be applied to future situations.

20% Learning from Developmental Relationships

The second part of the 70-20-10 rule emphasizes the importance of developmental relationships in the learning process. This means that individuals tend to learn a significant amount from the people around them, including mentors, coaches, and colleagues.

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For example, if you are an entrepreneur, you may learn a lot from a mentor who has experience in your industry. By building a strong relationship with this person, you can gain valuable insights and advice that can help you grow your business.

10% Learning from Coursework and Training

The final part of the 70-20-10 rule highlights the role of coursework and training in the learning process. This means that individuals tend to learn a smaller amount from formal training and education.

For example, if you are an entrepreneur, you may learn some valuable skills and knowledge from attending a business course or training program. However, this type of learning should be seen as a supplement to the other two parts of the rule, rather than the main source of learning.

Why is the 70-20-10 Rule Important?

The 70-20-10 rule is important because it highlights the fact that learning and development are not just about formal education and training. Instead, it emphasizes the importance of challenging experiences, developmental relationships, and informal learning in the growth and development of individuals.

By understanding the 70-20-10 rule, individuals and organizations can create more effective learning and development programs that focus on the most important aspects of the learning process. This can lead to better outcomes and more successful individuals and businesses.

In Conclusion

The 70-20-10 rule is a powerful concept that can help individuals and organizations understand the most important aspects of the learning process. By focusing on challenging experiences, developmental relationships, and informal learning, individuals can gain the knowledge and experience they need to succeed in their careers and businesses. So, whether you are an entrepreneur, a student, or a professional, remember to keep the 70-20-10 rule in mind as you continue to learn and grow.

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