Strategic and Technology Road Mapping
Organizations need to be able to strategically plan and build road maps. This is especially critical for manufacturing intensive companies where products, processes, engineering and technology require a future outlook and road mapping. Without it, companies can become too tactical and near term focus degrading competitiveness over time. Road mapping can also help feed shorter term productivity planning and help drive annualized incremental impacts.
The Challenge >>
Midsized engineering driven manufacturing organization in fluid handling industry struggling with staying ahead of technology curves and generating high impact productivity projects.
The Solution >>
• Developed two road mapping paths - long range strategic technology road map and near term productivity funnel building via workshops
• Created format for annual tech road mapping workshop for new equipment and processes over 3-5 years that would be revisited (refreshed) quarterly
• Developed "High Test" Productivity build process in workshop format that built productivity funnels and road maps aligned to the tech road maps with a 0-18 month impact outlook, with prioritization on rolling 6 months
The Result >>
• Strategic tech road maps aligned to product/service offerings began driving more targeted capital planning and spends including vendor consolidation for better negotiations
• "High Test" productivity program drive funnel building rolling potential of >$20M and staffed projects/events for execution leading to yield of >$8M annually
• YOY impact potential accrued with larger, more strategic projects aligned to road map falling into place
• Best in class process for organization that enhanced strategic competitiveness