Question

discuss the practical steps for developing a technology roadmap. (please NO PLAGIRISM and if possible please paste the journal link. word limit 300 - 350 ) and the course is ORGANIZATION LEADERSHIP AND DECISION MAKING so write in means of it. THANK YOU

Answer 1

Steps for making a technology roadmap-

1. Recognize your strategic aims:

List your strategic primacies? What is the economic & operational effect you hope to make?

• Which tools & info can aid your team become more perceptive , proactive , receptive?
• How can you provide an enhanced experience / generate additional value for your consumers?
• In what manners can you make it simpler to do business with your firm

Clearly outlining your strategic aims & how technology will aid you obtain them is a vital step to an effective Info Technology strategy.

2. Planning for the future

Investments which only tackle immediate requirements outcome in lesser benefits, repetition of effort & greater expenses. Consumers nowadays expect to network with you via numerous channels & they desire an experience which is smooth & consistent.

The IoT & other technology developments are becoming competitive advantages which pull in consumers &   make victors / failures in the marketplace.

Your firm cannot afford to lag behind.

While making your technology roadmap, establish your sights on a lengthier time horizon & think about what you will require to remain competitive over the next 3-5 years. Technology which is adaptable, accessible and flexible enough to accommodate your long-run requirements will aid you get the maximum from your investment.

3. Outline your functional requirements & primacies

Without precisely outlined requirements & primacies, there is no way to appropriately evaluate your options & plan effectually.

While developing your roadmap, you will be required to:

• Review your business procedures & bring to light inefficiencies
• Recognize technology gaps / fields where your prevailing mechanisms fall short
• Highlight the functional abilities required to effectually support / enhance your procedures
• Make a detailed & prioritized agenda of what steps must be undertaken

It is essential that you ascertain what underlying info is required to obtain such visibility & how; where; when ; by whom will it be gathered.

4. Compute the expenses

Major technology programs can be costly & also capital intensive.

The investment needed can differ considerably contingent on the size of your firm, your industry , the complications of your needs.

Ensure you investigate pricing & incorporate a realistic expenditure estimation for every project in your roadmap. Additionally take into consideration the ongoing expenses like new infrastructure expenses/ annual maintenance .

5. Set pragmatic timelines

Making certain your projects are sufficiently resourced is vital to their success, but you cannot address everything at once. A roadmap should incorporate a pragmatic schedule for your projects based on your primacies, the period of every project & available means. Do not neglect to account for limitations that may restrict your capability to implement.

Using external resources like consultant services can be an effectual way to ease the workload of your internal personnel. As an added advantage, outside resources can contribute useful know-how , aiding you prevent pitfalls & gain from the accomplishments of others.

6. Assign an Info Technology managing committee

Divisional requirements & individual views differ significantly , so obtaining consensus & support for the roadmap can be tough.

Assigning an IT managing committee comprised of leaders from Info Technology & other chief divisions can facilitate interaction & aid overpower divisional / individualistic perceptions . The committee can also utilize the roadmap to examine the progress of the project & evaluate the fulfilment of project goals.