Why the 70/20/10 Career Development Model Works: An Overview

Title: Why the 70/20/10 Career Development Model Works: An Overview

Introduction:

Career development is an ongoing process that requires individuals to systematically improve their skills, knowledge, and overall competencies to stay relevant and competitive in the workplace. Fortunately, a widely recognized approach for achieving career growth has been developed, which is known as the 70/20/10 career development model. This model is based on the idea that the proportional allocation of learning experiences can lead to significant career growth. In this article, we’ll discuss the 70/20/10 career development model, why it works, and how you can incorporate it into your career journey.

70/20/10 Career Development Model:

The 70/20/10 model is built around three main components of learning: experiential learning, exposure learning, and formal learning. According to the model, individuals should allocate their learning experiences in the following proportion:

70% Experiential Learning:

Experiential learning refers to the acquisition of skills and competencies through hands-on experiences. This type of learning is considered the most effective, as it allows individuals to directly apply what they learn in real-world situations. Experiential learning can take many forms, including job shadowing, volunteering, or taking on new projects or responsibilities. In essence, experiential learning provides individuals with the opportunity to learn from their successes and failures, which promotes personal growth and development.

20% Exposure Learning:

Exposure learning refers to the acquisition of knowledge and competencies through exposure to new ideas and experiences. This type of learning can take many forms, including attending seminars or conferences, participating in professional networking events, or even reading books or articles that focus on a particular area of interest. Exposure learning is important because it provides individuals with a broader perspective on their career field and helps them stay informed about emerging trends and best practices.

10% Formal Learning:

Formal learning refers to structured, classroom-based training that involves instruction from subject matter experts. This type of learning can take many forms, including attending workshops or training sessions, enrolling in courses, or pursuing advanced degrees. Formal learning is important because it provides individuals with a foundational understanding of their career field and helps them develop the necessary competencies to succeed.

Why the 70/20/10 Career Development Model Works:

The 70/20/10 model works because it promotes continuous learning and development, which is essential for career growth. By allocating learning experiences in the proportion as suggested, individuals can gain a broad range of skills, knowledge, and competencies while also honing their strengths and addressing their weaknesses. Moreover, the model puts individuals in control of their career journey, allowing them to tailor their learning experiences to their specific needs and interests.

Incorporating the 70/20/10 Career Development Model into Your Career Journey:

To incorporate the 70/20/10 model into your career journey, start by assessing your current learning experiences and identifying areas where you can allocate more time. Consider taking on new projects or responsibilities at work, volunteering with organizations related to your career field, attending professional networking events, or enrolling in training courses that will help you develop new skills. The most important thing is to be intentional about your learning and development, and to take an active role in shaping your career journey.

Conclusion:

The 70/20/10 career development model is a powerful tool for promoting continuous learning and development. By allocating your learning experiences in the proportion as suggested, you can gain a broad range of skills, knowledge, and competencies while also honing your strengths and addressing your weaknesses. Remember, career development is an ongoing process, and the 70/20/10 model provides a framework for continuous growth and development. Incorporate the model into your career journey, and watch as you grow and achieve your career goals.