The 70/20/10 Model is a business resource management model pioneered by Eric E. Schmidt. This model dictates that, to cultivate innovation, employees of a company should utilize their time in the following ratio:
- 70% of time should be dedicated to core business tasks.
- 20% of time should be dedicated to projects related to the core business.
- 10% of time should be dedicated to projects unrelated to the core business.
Sound interesting? Check the following article.