Strategic Resource Allocation
Kathleen raises an insightful question about the application of the 70-20-10 rule in the context of regulatory demands. The response highlights that prioritizing full coverage of categories and data is crucial, suggesting a phased approach to experimentation. By allocating a small percentage of time to new initiatives, teams can explore adjacent opportunities while maintaining focus on their core responsibilities.In this clip
From this podcast
Masters of Scale
Strategy Session: The post-pandemic business, w/questions from Village Global and co-host Bob Safian, editor-at-large
Related Questions
What is the 70-20-10 rule in budget allocation as discussed in the episode Eric Schmidt: Google | Lex Fridman Podcast #8 and the clip 70-20-10 Model?
What is the 70-20-10 rule in business budgeting as discussed in the episode Eric Schmidt: Google | Lex Fridman Podcast #8 and the clip 70-20-10 Model?
Why is the 10% allocation important according to Eric Schmidt in the episode Eric Schmidt: Google | Lex Fridman Podcast #8 and the clip Balancing Innovation and Pragmatism regarding the 70-20-10 Model?