The 70/20/10 framework is one of the most popular learning and development models used today. The framework breaks down the major avenues for which a learner acquires new job skills. According to this model, 70% of what an employee learns comes from on-the-job training, 20% from peer learning, and 10% from formal learning.
Included in the video is practical advice for how you can incorporate the 70/20/10 framework in your organization, but I have summarized it below for you:
10% Formal Learning
20% Peer Learning
70% On-the-Job Learning
For those that have started incorporating the 70/20/10 framework, you would agree the list above is far from exhaustive, but it is a good guidepost for those that are just starting down this path.