The Ultimate Guide to Creating an Effective Career Development Plan Using the 70-20-10 Model

The Ultimate Guide to Creating an Effective Career Development Plan Using the 70-20-10 Model

Have you been feeling stagnant in your career lately? Are you looking for a way to level up your professional skills and advance your career? If yes, then you need an effective career development plan. And what can be better than a plan based on the 70-20-10 model which has gained immense popularity in recent times.

In this article, we will guide you through the ultimate steps of creating an effective career development plan using the 70-20-10 model.

Understanding the 70-20-10 Model

The 70-20-10 model is a popular career development model that suggests that individuals learn best through a combination of on-the-job experience (70%), feedback and social interactions with others (20%), and formal training and education (10%).

This model is widely used and accepted in professional development as it provides a structured approach to professional growth and helps individuals take a holistic approach to their learning journey.

Step 1: Setting Clear Goals

To start with, you need to be clear about your career goals. Define your long-term and short-term career objectives and break them down into achievable steps. This will help you gain a clear understanding of your personal and professional aspirations.

Step 2: Assessing Your Current Skillset

Once you have established your goals, the next step is to assess your current skillset. Identify the areas where you lack proficiency and analyze which skills and knowledge you need to acquire to achieve your goals.

Working on your strengths and addressing your weak areas will help you acquire the necessary skills and knowledge to excel in your career.

Step 3: Building a Learning Plan

Using the information from the previous step, create a learning plan that details your objectives, the resources you need, and the steps required to reach your destination. This plan should incorporate the 70-20-10 model, including on-the-job learning, receiving feedback, and enrolling in formal training.

Step 4: Implementing Your Plan

With your plan in place, it’s time to implement your strategy. Begin working on the actionable steps in your plan and start acquiring new skills while strengthening existing ones.

The 70-20-10 model emphasizes the value of on-the-job training. Therefore, put yourself in situations where you can learn and practice new skills and receive feedback from your colleagues.

If you need formal training or certification, you can leverage online resources, courses, and workshops to hone your skills and stay up to date with the latest industry trends.

Step 5: Monitoring Your Progress

Lastly, it’s vital to monitor and evaluate your progress. Regularly assess the effectiveness of your plan and make modifications if needed. Celebrate your successes, evaluate your challenges, and continue learning and growing.

In conclusion, creating an effective career development plan using the 70-20-10 model can help you achieve your career goals and propel you to success. Remember to set clear goals, assess your skills, and create a solid learning plan. With patience and perseverance, you can harness this powerful model to advance your career.

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