Our learning and development strategies follow a 70-20-10 approach:
70 Percent: Experience
Seventy percent of an individual's greatest learning moments come from experiences or on-the-job learning. Examples include:
- Stretch/challenging assignments
- Special projects
- Volunteer/community service
- Rotational assignments
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20 Percent: Engagement
Twenty percent of an individual's greatest learning comes from engagement through mentoring and networking. Examples include:
- Peer-to-peer and formal networking
- Community of practices
- Career/performance discussions
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10 Percent: Education
Ten percent of an individual's greatest learning comes from education or formal learning experiences like classroom training, web-based training or industry conferences. Other examples include:
- Instructor-led courses
- Self-study
- Conferences
- Forums
- E-learning
- Books
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Be sure to have a mix of learning opportunities: a blend of informal and formal learning.