What is the difference between a strategic roadmap and a plan? A strategic roadmap explains what and why. The execution plan describes how.
A strategic roadmap is not a visual Gantt chart of activities with start and end dates. Explain what your organization needs to change and why it needs to change to achieve your strategic vision. An action plan describes how the organization will achieve the outcomes described in the strategic roadmap. An execution plan is often represented by a Gantt chart with specific timeframes, start and end dates, milestones, and resource allocations.
Why is a strategic roadmap so important? Many organizations jump straight from strategy into execution or implementation plans. An action plan is often derived by gathering a group of people in a workshop, handing out sticky notes, and creating a list of initiatives. Workshops are usually moderated with key questions. “What initiatives and activities do we need to do?” From there, the people in the room just come up with a list.
Most of these organizations then began to question this method. did I miss something? How can we really know that this list of initiatives implements strategy?
How is the strategic roadmap created? Establish a method. In commemoration: A good strategic roadmap clearly shows what needs to change, why it needs to change, and the order in which changes should be made.
It can be a complicated task, so proper methods should be used. We have developed two of his original methods specifically for this purpose. A 6-step skill-based method for analytics planners who need a very robust roadmap, and a 4-step goal-based method designed to help those where speed matters.
Fundamentally, the transformation of a strategy into a strategic roadmap should be done in a structured and logical manner, ensuring that the outcomes of the strategic roadmap are clearly related or justified to the strategic vision or intention. There is.