by Virtual College (UK)
A growing number of businesses are pursuing the 70-20-10 principle in their learning and development initiatives. The concept involves the largest part of training coming through experience, but crucially, this is supported by other forms of learning: namely knowledge derived from colleagues and also courses and training, both online and in the classroom. The companies that are pursuing this principle include many at the top of their respective industries, such as Coca-Cola, Sony Ericsson, Morgan Stanley, Philips, Microsoft, Nike and Dell. The crucial thing to remember with such a multi-pronged approach is that each strand should support and reinforce the others, so online courses can be used to reiterate lessons that staff will need to learn in their day to day jobs, for example, while also introducing and expanding on other topics.
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