What Is a Timeline Roadmap?
A timeline roadmap is a type of roadmap that outlines your business goals and objectives presented in a well-defined timeline. This helps in improving your planning and management skills. It’s a tool to use when you want to outline your strategic plan and goals, as well as your desired outcome.
How to Create a Timeline Roadmap
The statistics published by the U.S. Bureau of Labor Statistics showed that only 25% of new businesses are able to reach the 15-year mark or more. What could be the problem? One of the reasons why a business fails is the lack of planning, research, and flexibility. Improve your business strategy by creating a suitable timeline roadmap. Follow our provided tips below to know how.
1. Determine Your Audience
Know your people. When you get to know them, you can design a timeline roadmap that resonates with them.
2. Ask yourself the Whys and Whens
Why are you doing this timeline roadmap? When do you need this project? When you start asking yourself these types of questions, you can easily visualize your business milestone.
3. Choose a Roadmap Tool
Search for a suitable roadmap tool online where you can easily sketch your timeline roadmap. You can find a roadmap tool with blank slides or vector graphics that you can customize. Or simply use Powerpoint for easy presentation.
4. Start Sketching Your Roadmap
After determining the abovementioned elements, you now start to build your actual business roadmap. You can start by designing a swim lane diagram.
5. Make It Flexible
You might need a simple roadmap for your next product launch or business venture. And you might change your priorities and opt to redesign your roadmap. Hence, make it flexible.
What Is Roadmapping?
Roadmapping is a method used to outline your goals and your strategic actions to get your desired outcome.
What should a Roadmap Contain?
A roadmap contains various elements. To be effective, here are the most essential content of your roadmap.
2. Desired outcome
3. Steps and milestones to achieve your goals and desired outcome
Why is Timeline Roadmap Important?
A timeline roadmap is important because it makes sure that your priorities are aligned with your business strategy and vision. It gets you and your team on the same page and as a result, you will be able to achieve your goals.
What Is the Purpose of a Timeline Roadmap?
A timeline roadmap will serve as a communication tool amongst the members of a team or organization. Since makes it easy to communicate with your team when everyone shares the same goals and desired results.
What is the Different Between a Roadmap and a Gantt Chart?
A roadmap is more outcome-focused while a Ghant chart is more output-focused. The former serves as a tool to strengthen your strategic plan and achieve your goals and desired results. The latter, however, specifies the solutions to a problem and assign them to various members. Although they are distinct from each other, they are both essential in presenting your business plan.