The 70-20-10 rule contributes to a company's long-term success by ensuring a balanced investment in different areas of innovation. 70% of resources are dedicated to core technologies, which are the company's main source of revenue and stability. 20% is allocated to adjacent innovations, which are new areas that build on the company's existing strengths. The remaining 10% is dedicated to transformational innovations, which are high-risk but potentially high-reward ventures that could become the company's core business in the future. This allocation strategy ensures that the company maintains its current business while also investing in future growth opportunities.
Why do so many perfectly managed companies fail? Inspired by the seminal work of author Clayton Chri...
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