Understanding the 70/20/10 Career Development Model: Unlocking Your Potential
Are you feeling stuck in your current career? Are you looking for a way to unlock your full potential and achieve your career goals? The 70/20/10 Career Development Model might be just what you need to take your career to the next level. In this article, we will explore the details of this model and how it can help you achieve success.
What is the 70/20/10 Career Development Model?
The 70/20/10 Career Development Model is a framework that helps individuals focus on their professional development by dividing their efforts into three categories: experiential learning (70%), relationship building (20%), and formal education (10%). This model was developed by researchers at the Center for Creative Leadership and has been widely adopted by organizations and individuals alike.
Experiential Learning (70%)
The majority of your professional development should come from experiential learning. This means learning through real-life experiences and on-the-job training. You can gain practical skills, knowledge, and expertise by taking on challenging assignments, working on projects, and volunteering for new opportunities. The more you immerse yourself in your field, the more you will learn and develop your skills.
Relationship Building (20%)
In addition to experiential learning, relationship building is a critical component of the 70/20/10 Career Development Model. Establishing relationships with mentors, coaches, and colleagues can provide you with valuable support, guidance, and feedback. You can learn from those who have more experience and insights and build your own professional network.
Formal Education (10%)
While experiential learning and relationship building are the main focus of the 70/20/10 Career Development Model, formal education should not be overlooked. Pursuing formal education, such as attending conferences, workshops, or taking courses, can provide you with new knowledge, perspectives, and skills to advance your career.
Examples of the 70/20/10 Model in Action
Let’s say you are a young professional working in marketing and communications. You might take on a new project, such as launching a social media campaign for a new product. This would count as experiential learning. You might then reach out to a colleague or mentor who has experience in social media marketing for some advice or feedback. This falls under relationship building. Finally, you might attend a social media marketing course at your local university or attend a marketing conference. This counts as formal education.
Conclusion
The 70/20/10 Career Development Model is a powerful framework that can help you unlock your full potential and achieve your career goals. By focusing on experiential learning, relationship building, and formal education, you can continue to grow and develop in your career. So, what are you waiting for? Start implementing the 70/20/10 Career Development Model and unlock your potential today!
