Goal setting is an important part of success. In fact, goals are like a roadmap to a destination and without goals, forward movement can be directionless. Identifying the right goals is an important part of any strategy and can be effective in promoting both short- and long-term results. This is true in business but also true for life in general.

In a recent chat for USA Manufacturing Hour on Twitter, host, Pavel Stepanov from VirtuDesk led a discussion about setting effective goals for both the short and long term.

Technology roadmaps are a great organizational tool for any company to map out technology developments and to determine how those developments are going to change the way a company operates.

What?

A technology roadmap is defined as a planning technique to create strategic long-term and flexible plans for technology developments, adjustments and technology initiatives over time.

Basically, a technology roadmap focuses on a company’s short-term and long-term technology goals. There are three main uses for a roadmap: to reach an agreement about a company’s technology needs, to provide a forecast for technology developments and to create a framework for planning and coordinating technological advancements.