What is a Technology Roadmap Plan?
A Technology Roadmap Plan is designed to help businesses identify and implement their technology goals. This plan outlines the focus areas, objectives, KPIs, and projects that need to be undertaken in order to meet the technology goals of a business. It also provides a timeline for when each task should be completed, in order to ensure that the desired results are achieved in a timely manner.
What's included in this Technology Roadmap 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 Plan template for?
The Technology Roadmap Plan template is for teams of any size and industry that want to create a plan to identify and implement their technology strategies. This template is designed to be comprehensive and easy to follow, so that even the most novice user can use it to create a plan that meets their needs.
1. Define clear examples of your focus areas
When creating a Technology Roadmap Plan, it is important to first define the focus areas. These are the broad topics that will be addressed in the plan. Examples of focus areas might include improving user experience, increasing efficiency, or improving security. It is important to be specific when creating focus areas, so that the plan can be tailored to the needs of the business.
2. Think about the objectives that could fall under that focus area
Once the focus areas have been determined, it is time to think about the objectives that could fall under each of those areas. An objective is a statement that describes the desired outcome of the plan. Examples of objectives could include increasing customer satisfaction, reducing costs, or improving data protection.
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or Key Performance Indicators, are measurable targets that can be used to track the progress of a plan. When setting KPIs, it is important to choose objectives that are specific, measurable, achievable, relevant, and time-bound. Examples of KPIs could include increasing onboarding completion rate, decreasing manual labor costs, or increasing data encryption rate.
An example of a KPI for the focus area of Improve User Experience could be: Increase onboarding completion rate from 25% to 40%.
4. Implement related projects to achieve the KPIs
Once the KPIs have been set, it is time to implement the related projects needed to achieve them. A project is an action that is designed to further the goals set by the plan. Examples of projects could include streamlining the user onboarding process, increasing customer support responsiveness, or increasing security protocols.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
The Cascade Strategy Execution Platform is a powerful tool that can be used to help teams get faster results from their strategy. This platform provides a comprehensive view of all projects, allowing teams to track progress, identify potential issues, and adjust their strategy as needed. With Cascade, teams can be sure that their technology roadmap plan is on track and that their goals are being met.