There are several other strategies similar to the 70-20-10 rule for managing business resources. One such strategy is the 80-20 rule, also known as the Pareto Principle, which suggests that 80% of results come from 20% of efforts. Another strategy is the 3 horizons model, which proposes that businesses should divide their focus into three horizons: current operations, growth opportunities, and future innovation. Yet another strategy is the Balanced Scorecard, which balances financial measures with performance measures related to customers, internal processes, and learning and growth.
Why do so many perfectly managed companies fail? Inspired by the seminal work of author Clayton Chri...
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