What is Strategy Roadmap?
Unlike Gantt charts, a strategy roadmap aims for outcomes rather than outputs. This roadmap presents the metrics fundamental to presumed corporate success. Also, this functions together with the business vision and goals. Essentially, this roadmap helps business owners or the board not to get lost in their project management.
How to Develop a Strategy Roadmap in Google Docs
Often, after generating initiatives for your implementation plan, you need to develop a strategic roadmap. With that, developing a strategic roadmap in Google Docs refines your implementation. How to do this? Here are the ways.
1. Determine the Problems and Challenges
First, you identify the problems and challenges that you want to address at the end of this plan. Make a list of these problems so you will know what objectives to set to attain each.
2. Incorporate Challenges with Objectives
Once you determined your primary concerns, you now sought targets to address them. Your goals will be the objectives that you need to establish long-term growth in every phase of your plans.
3. Invest with Capabilities
Next, you determine your capabilities and create a comprehensive presentation of them. Your capabilities are your available resources, such as the people who will do specific tasks, the processes to follow, and some other aspects.
4. Fill each Capability Gap
Following, you need to assess the possible changes in your capabilities based on your overarching strategy and your planning tactics. This is necessary for you to fill the gap and apply changes applicable to each of your timeline.
5. Use the Appropriate Technology
If you completed every data needed to develop a roadmap, you now choose the appropriate software to provide you with a coherent and simplified digital transformation of your plans. Upon determining what program from which, you must check whether the software platform has features needed to help organizations with strategic planning.
How does a strategy roadmap differ from a plan?
A plan explains how to execute particular actions to generate the perceived outcome while a strategy roadmap determines what particular aspect to change and why they need to do so. All changes that this roadmap encompasses shall relate to ways on how to achieve a strategic vision.
How does a strategy roadmap differ from a timeline?
A strategy roadmap provides you the overall direction of your plans while the timeline lays out your entire schedule.
What is the difference between a strategy and a roadmap?
Strategies and roadmaps are cross-functional to each other. A strategy is a plan of action, while a roadmap is the visualization of your strategy or strategic plans.
What are the benefits of developing a strategic roadmap?
Strategy roadmaps aid the executives, business owners, and managers in ensuring that the projects fit whatever strategy they practice in their operation. Also, these strategy roadmaps stimulate collaboration between resources in keeping priorities at the right place.
What makes a good strategy roadmap?
A good strategy roadmap shall provide you a realistic visual picture of your strategic plans while adhering to the company goals and visions of actions. To avoid confusion about each process, you have to make sure that your strategic roadmap is clear from the outset up to the end process. It should be clear and, at the same time, stays coherent.