Road-mapping is an important tool for collaborative planning and coordination for corporations as well as for entire industries. It is a specific technique for technology planning, which fits within a more general set of planning activities.
A road-map is the document that is generated by the process. It identifies (for a set of product needs) the critical system requirements, the product and process performance targets, and the technology alternatives and milestones for meeting those targets. In effect, a technology road-map identifies alternate technology “roads” for meeting certain performance objectives.
Uses of the method
• Can help develop a consensus about a set of needs and the technologies required to satisfy those needs.
• Provides a mechanism to help experts forecast technology developments in targeted areas.
• Can provide a framework to help plan and coordinate technology developments both within a company or an entire industry.
Benefits
• Provides information to make better technology investment decisions.
• Determines the technology alternatives that can satisfy critical product needs.
• Helps clarify alternatives in complex situations.
• Identifies critical product needs that will drive technology selection and development decisions.
• Generate and implement a plan to develop and deploy appropriate technology alternatives.
• Complex maps can be developed that can be updated in real-time.
Disadvantages
• Resource, time and cost hungry.
• May not consider other emerging forces impinging on the road-map.
• Some of the participants must know the process of road-mapping.
Steps to complete
• Define the scope and boundaries for the road-map.
• Identify the “product” or 'issue' that will be the subject of the road-map.
• Identify the critical system requirements and their targets.
• Specify the major technology areas.
• Specify the technology drivers and their targets.
• Identify technology alternatives and their time lines.
• Recommend the technology alternatives that should be pursued.
• Create the technology road-map report.
• Critique and validate the road-map.
• Develop an implementation plan.
• Review and update.
Collaboration
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