Having a good, well-planned strategy actually matters a lot to a business. This could be achieved by having a structured Strategic Roadmap (SRM). There is a misconception that good strategies are equivalent to having change or transformation; but in fact, a good strategy depends on how you see the whole picture and plan out its direction. You should have a clear view of what your company wants to achieve, by when it should be achieved, and how it should be achieved. With a strategy in mind, you can then jump to the second phase that is by using SWOT analysis to transform these strategies. The SWOT analysis, which will be further discussed in previous Blog "Having an Analytic View of Your Profit with S.W.O.T
" , gives the company an analysis on the strengths, weaknesses, opportunities, and threats which determines if the strategy will be feasible or not.
The major component SRM consists of four major dimensions: Financial Strategy, People Strategy, Customer Strategy, and Internal Strategy.