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Google's 70/20/10 Rule is a resource allocation model. According to this rule, Google allocates 70% of its resources to core business tasks, 20% to projects related to the core business, and the remaining 10% to new businesses or innovative ideas. This model allows Google to maintain focus on its current business while also investing in innovative projects that could be the core business of the future.
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Three criteria: Google uses three criteria to decide whether to pursue an idea or not. First, it must address a challenge affecting hundreds of millions. Second, it must be radically different from existing market solutions. Finally, the technologies required have to be achievable in the near future. Innovation resists management: Innovation resists MBA-style management as it cannot be owned, mandated, or scheduled. It has to evolve organically. The company can only create a favorable environment for the creative churn of ideas, give these the time and freedom to grow or in some cases, die. Think 10X, not 10%: Thinking Big gives Smart Creatives more freedom by removing constraints and empowering creativity. Further, it leads to a higher likelihood of success as the company cannot afford to fail. Big challenges can attract and retain the best talent. Finally, thinking and doing big inspires a culture of excellence across the entire organization. Use the 70/20/10 Rule: Allocate 70% reso...
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What new management tactics should you follow to not only survive but thrive like Google? In this book, Google's executive team reveals the management...
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To guide you toward outcome-based success, we created the Objectives & Key Results presentation. Follow these metric indicators to go above and beyond at work.
Articulate, track, measure, and assess your goals regularly with Objectives and Key Results (OKRs), used by Bill Gates, Larry Page, Mark Cuban, Bono, among many other business leaders and organizations. Use this OKR presentation as your loyal guide in ambitious goal-setting and meticulous, effective execution.
How do you stay innovative and provide the right values for customers? Effective product development allows companies to sustain, grow, and thrive in both old and new markets. Our Product Development framework is useful for aspirational product developers who want to learn the product development process and for seasoned product managers who want to improve workflows with additional tools.
How do you unparse complex problems with a clear and logical mind? With the right frameworks and mental models, you can confidently guide any organization or client through periods of change. Our Consulting Frameworks for Innovation deck reviews problem-solving models that foster not only creative ideas but also structured thinking. From Minto’s Pyramid Principle, to Blue Ocean Strategy, Accelerating Diffusion of Innovation, McKinsey’s Three Horizons, SIPOC New Product Introduction Process, and more, these battle-tested tools have been used to solve some of the complicated issues in the business world.