What is a Strategic Roadmap?
Strategic Roadmapping is the powerful process of creating an engaging, strategic blueprint that will help you illustrate where your business currently is, where you want to take it going forward, and how you’re going to get there. A roadmap is a visualization of your strategic plan.
Imagine getting into a car without any sense of the where you’re going. Chances are you’ll end up going around in circles, burning through fuel, time, and money. The same can be said of a business that lacks a clear sense of direction.
Benefits of Strategic Planning
Strategic Roadmapping can provide you, your team members, and stakeholders with a thorough understanding of:
- The current state of your business
- The defined goal or desired outcome that you're aiming towards
- The clear, informed path or ‘road’ towards achieving it
In other words, a strategic roadmap communicates your business’ vision. Roadmapping trumps more archaic forms of project planning, because unlike static documents, roadmaps can be adjusted as plans change and paint a cohesive picture that is both clear and visually engaging. This is important because, as marketing experts HubSpot discovered, visuals are processed 60,000 times faster than text, meaning you and your team can grasp the bigger picture at a glance – talk about efficiency!
Set up your business for success and read our definitive guide to strategic roadmapping
Roadmaps are a suitable tool for all manner of businesses and can be utilized in numerous different ways. Whether you're plotting out a marketing strategy, outlining the development of a new product, or even changing the way governments communicate, roadmapping is indispensable for accomplishing your goals. Put simply, any organization looking to continue flourishing should take advantage of roadmapping.
4 Advantages of Business Planning
1. Deeper Cooperation
Firstly, creating a roadmap is an inherently collaborative process. Roadmaps are often created through collaborative workshops, allowing the map to incorporate input from across your business. Not only does this generate a wellspring of collective knowledge, it also allows your team members to better understand the role they play within the organization's bigger picture. This can boost your team’s morale and strengthen their commitment to reaching your shared goals.
2. Develop Your Plan in Real-Time
Modern roadmapping software will also allow your team-mates to continue the collaboration process after workshops end, commenting on projects and adjusting plans in real-time. This collective effort will ensure that everyone is on the same page, inspired, and focused on working towards your desired outcomes.
3. Increased Flexibility
Roadmaps also have the added benefit of being dynamic in nature. They constantly develop as new ideas or potential challenges are integrated into the plan. In this way, roadmaps can be hugely flexible – quite the opposite of the immobile planning documents of the past. No matter what internal or external changes come your way, if your plan has been roadmapped effectively you’ll be able to adjust to these changes and avoid making costly mistakes.
4. Visually Engaging
Another primary advantage of using roadmaps is their ability to present complex, multi-layered plans and data in a way that is easy to understand and visually captivating. Great roadmapping software will allow you to delve deeper into different elements of your plan and assess the relationships between them, giving you a more comprehensive understanding of the thought process that has gone into each stage. In this way, roadmaps turn confusing data into a vivid and cohesive story.
Summary
To conclude, roadmapping is an essential tool for visualizing, sharing and adapting your plans for the future of your business. If you’d like to experience the true value of roadmapping for yourself: