Why the 70/20/10 Learning Model is the Key to Professional Growth

Why the 70/20/10 Learning Model is the Key to Professional Growth

Have you ever heard of the 70/20/10 learning model? If you haven’t, you’re missing out on a great opportunity to boost your professional growth. This model entails dividing learning into three categories: 70 percent of what we learn comes from on-the-job experiences, 20 percent from other people, and 10 percent from formal education.

The 70 Percent: On-the-Job Experiences

On-the-job experiences are crucial to professional growth. It’s through day-to-day work that we acquire the skills and knowledge we need to be successful in our profession. It’s essential to embrace challenges and take risks to learn new things; making mistakes should be considered a part of the learning process.

Employers can utilize the 70/20/10 learning model by creating an environment where employees have the opportunity to work on diverse projects that enable them to learn new skills and take on new challenges. This can be achieved through job rotation, cross-functional teams, or mentoring.

The 20 Percent: Learning from Others

Learning from others is the next category of the 70/20/10 model. Collaborating with others, seeking feedback, and engaging in constructive discussions helps us learn from others’ knowledge and expertise.

Mentoring and coaching programs can help to create an environment of learning from others. Experienced professionals can mentor or coach younger, less experienced professionals to share their knowledge of the industry and provide guidance on the job.

The 10 Percent: Formal Education

Finally, the 70/20/10 learning model’s last category is identified as formal education. Taking courses, attending training programs, or earning degrees can help professionals improve their skills and gain new knowledge. While this category makes up only 10 percent of our learning, it’s still important to invest in formal education opportunities.

Employers can provide their staff with access to training programs, either in-house or externally, to foster continuous learning. For individual professionals, online courses, workshops, and seminars are widely available to improve their skills and expand their knowledge.

The Benefits of the 70/20/10 Learning Model

Incorporating the 70/20/10 learning model into our professional growth plan has numerous benefits. It encourages us to take more responsibility for our own learning and development, and it reinforces the importance of learning every day.

The model provides employers with the tools to develop their employees, foster personal growth, and create a work environment that values continuous learning.

Lastly, it promotes a culture of collaboration and learning from others, leading to better teamwork, increased creativity, and innovation.

Conclusion

The 70/20/10 learning model is an excellent tool for professionals and businesses alike. When utilized properly, it can lead to personal and business growth, increased innovation, and better collaboration. Make sure to take advantage of the on-the-job experiences that make up 70 percent of your learning, seek mentorship and feedback, and invest in formal education to round out your professional development path.