Roadmapping describes through which route business objectives should be realized. It makes sure all business, technology and organization development agendas are in balance with each other. A roadmap consists of a consecutive number of projects and activities in connection with the aspect of time. When setting about a roadmap all business, technology and organizational elements are taken into account and is further supported by starting with an extensive trend analysis, visioning and using multiple scenarios.
Roadmapping is a powerful management technique. Good roadmaps help deliver technology exploitation, acquisition and implementation. Roadmapping identifies key synergies, dependencies and gaps within a strategic plan in order to expose risks or issues more readily. It also enables more effective decision-making through better communication, clarity of thinking, alignment and visibility of programs and activities. Roadmaps can help reduce risks while maintaining an acceptable level of system performance in accordance with the required time and cost targets.
Above all, the improved communication is particularly effective across disparate teams and organizational boundaries. Within acquisition, roadmaps are effective tools to ensure joined up technology planning between customers, research communities, acquisition teams and industries.
Roadmapping is also a complex process due to the interconnection of countless factors. Tooling can therefore be regarded as a necessity in order to elaborate the roadmap successfully and present it in an applicable format. The Innovation Management Suite (IMS) offers you all the tools needed to achieve this.
The roadmap serves as an all-embracing document which is both the start and the end result of working with the other five management tools from IMS and sets the right path for successful innovation.