70:20:10 Rule Of Innovation

70:20:10 Rule Of Innovation

Understanding how to innovate successfully at scale can be challenging for companies. Many firms adopt the 70:20:10 model, which allocates 70% of resources to core activities that are tested and low-risk, 20% to adjacent innovations that explore new markets or capabilities, and 10% to disruptive innovations that create something entirely new. However, it's important to remember that the model is not rigid and can be adapted to fit a company's specific context and risk appetite. Additionally, successful innovation managers will build a balanced portfolio across core, adjacent, and disruptive opportunities and ensure their organizations support a sustainable resource allocation to innovate.

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Professional services: Ch-ch-ch-ch-changes

Technology evolution and client demands are disrupting traditional professional services, and PSOs must be ready to adapt to new delivery methods and supplier-client relationships.

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The 4-Step Career Advice Nearly Everyone Ignores

The 4-Step Career Advice Nearly Everyone Ignores

Get a Plan B while your Plan A is still working – career advice most people ignore.

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What Are The Innovation Tools For Learning?

Innovation has transformed education with digitalization and skill-building. Innovative learning tools help enhance the thinking process and promote experimentation. MIT ID Innovation offers creative certificate courses for practical learning.

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