What is a strategic road map? Explain why it is important.
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1. What is a strategic road map? Explain why it is important.
A strategic road map helps the organization to choose and do the right things at the right time. It is a coordinated and comprehensive longitudinal strategy, with key achievements, options, and decision points identified, which provides a foundation for the companies long-term priorities and investments. (1)
However, strategic roadmaps are also used to review world drivers, technology trends, and business trends. To ensure the roadmaps answer the questions for these goals, it is important to integrate market pull, technology push, and competitive clash into the roadmap and planning activities. ...
This solution describes a strategic road map, and explains why it is important.