Business Quote by Joseph Jaffe
““Identify your 70/20/10 (or 60/30/10 depending on risk appetite). Most people know of this allocation from the innovation approach that Eric Schmidt pioneered at Google: 70 percent of time allocated to core business tasks, 20 percent to projects directly related to the core business, and 10 percent dedicated to projects unrelated to the core business.””
About This Quote
Source Business Article: Harvard Business Review, 2015
The 70/20/10 (or 60/30/10) time‑allocation model divides work into core tasks, related projects, and unrelated innovation to foster balanced productivity.
In simple terms: Allocate time to core, related, and unrelated work.
Key Takeaway
Balance focus and exploration.
Themes
productivity
innovation
risk management
time allocation
strategy
Mood
strategic
pragmatic
analytical
Type
instructional
business.
When to use this quote
- project planning
- team management
- innovation workshops
- career development
Key Concepts
portfolio theory
resource distribution
risk appetite
Questions to Reflect On
- How can you adjust the ratios for your team’s needs?
- What safeguards ensure unrelated projects add value?
A Different Perspective
May limit deep focus on core tasks if misapplied.
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![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)