What is a 2 Year Strategic Roadmap?
A 2 year strategic roadmap is a detailed plan that outlines the objectives and goals a company or organization wishes to achieve over the course of two years. This plan allows organizations to map out their short-term strategy and create a guide for future decision-making. It helps to create focus and alignment within the organization, as well as provide a framework for teams to work together toward the same goals.
What's included in this 2 Year Strategic Roadmap template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the 2 Year Strategic Roadmap template for?
This 2 year strategic roadmap template is designed for organizations of all sizes and industries. It provides a practical framework for setting objectives, defining focus areas, setting measurable targets (KPIs), implementing related projects, and tracking progress. The template also helps to ensure everyone is on the same page when it comes to strategy and decision-making.
1. Define clear examples of your focus areas
A focus area is the primary area of focus for your organization's strategic plan. Examples of focus areas could be automation, customer insights, digital transformation, marketing, or product development. It is important to choose focus areas that align with your organization's overall goals and objectives.
2. Think about the objectives that could fall under that focus area
Objectives are the goals that need to be achieved in order to reach the desired outcome in each focus area.
Examples of some objectives for the focus area of Automation could be: Increase operational efficiency, and Reduce operational costs.
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or key performance indicators, are measurable targets that can be used to track progress and performance. For example, a KPI for the objective of increasing operational efficiency could be to decrease manual process time from 10 hours to 6 hours.
4. Implement related projects to achieve the KPIs
Projects, or actions, are the activities that need to be taken in order to reach the measurable targets. For example, to reach the KPI of decreasing manual process time from 10 hours to 6 hours, the related project could be to automate manual processes.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform allows organizations to create, track, and measure progress on their 2 year strategic roadmap. It helps to ensure that all teams are working together to achieve the same goals, and makes it easy to track progress and make adjustments as needed, so that organizations can reach their objectives faster and more efficiently.