How to Create a 70 20 10 Development Plan for Your Employees

Does your organization want to encourage employees to take an active part in their own learning and development? Do you aim to foster collaboration within your teams? A 70 20 10 development plan can help you to achieve both of these objectives. 

A 70 20 10 development plan prioritizes on-the-job learning as it accounts for 70% of learning and development. Then mentoring with colleagues and superiors, which accounts for 20%, and finally, formal learning making up the last 10%.

There are many benefits to this approach; it’s flexible, cost-effective, and doesn’t require too much oversight from senior management. But it can be difficult to implement if it’s a brand new approach for your company. However, by making a plan, developing a strategy and investing in the right tools, the process will run a lot smoother. 

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