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Welcome to the WISE newsletter, a program of
The Falcone Center for Entrepreneurship at Syracuse University
 

Thursday, December 08, 2005

The 70/20/10 rule

In a Business 2.0 article, Eric Schmidt of Google talks about the 70/20/10 rule used by himself and the rest of Google's management team. What's the rule? He spends 70% of his time working on the company's core businesses. He spends 20% of his time working on adjacent businesses. The remaining 10% of time is spent on things that are truly new. They way that they have organized themselves, Google's management team is able to know that they are sticking to the rule.

If it helps Google, perhaps we all should adopt it?!

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