What is a Technology Roadmap Strategy Plan?
A Technology Roadmap Strategy Plan outlines the steps needed to achieve technology goals and objectives. It is a guide for IT teams of all sizes and industries to develop a strategy that will help them build, manage and improve their technology roadmap. It helps to ensure that teams are working towards the same goal and outlines the steps needed to reach that goal.
What's included in this Technology Roadmap Strategy Plan 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 Technology Roadmap Strategy Plan template for?
The Technology Roadmap Strategy Plan template is designed to help any IT team, no matter its size or industry, create a plan to develop their technology roadmap. It helps to ensure that all members of the team are on the same page and working towards the same goal. The plan can be tailored to any team’s specific needs, making it easy to get started and implement.
1. Define clear examples of your focus areas
A focus area is a specific area of the technology roadmap that the team wants to focus on. This could include automation, security, data, customer experience, etc. It is important to define clear examples of focus areas so that the team can work together towards a common goal.
2. Think about the objectives that could fall under that focus area
Objectives are goals that the team wants to achieve within each focus area. These objectives should be measurable and have clear targets. It is important to have well-defined objectives that are achievable and measurable.
Examples of some objectives for the focus area of Automation could be: Optimize Processes, and Increase Efficiency.
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or Key Performance Indicators, are measurable targets that are used to track progress towards an objective. These KPIs should be achievable, measurable, and aligned with the team’s overall objectives. Setting clear KPIs will help ensure that the team is on track to achieve their goals.
An example of a KPI for the focus area of Automation could be: Decrease manual process time.
4. Implement related projects to achieve the KPIs
Projects are the actions that need to be taken in order to achieve the KPIs. These projects should be related to the focus area and should be specific and measurable. Projects should also be achievable and aligned with the team’s overall objectives.
An example of a project related to Automation could be: Invest in Automation.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
The Cascade Strategy Execution Platform is a powerful tool that can help teams to get faster results from their strategy. It helps to automate key processes, such as tracking and reporting, to reduce manual effort and help teams to achieve their objectives faster.