Win Investment and Buy-In: Pitch Your Idea with an Interactive Prototype
If a picture is worth a thousand words, then an interactive prototype is worth a million-dollar investment. These dynamic mockups bridge the gap...
8 min read
Written by Keith Shields, Jul 12, 2024
Software development is notorious for budget overruns, missed deadlines, and products that fail to meet expectations. The culprit? Often, it's a lack of strategic planning and clear direction. A well-crafted product roadmap can change all that.
This comprehensive guide will walk you through the critical steps of building a roadmap that aligns your software development efforts with your core business goals. We'll cover everything from defining your MVP to navigating common challenges and leveraging the right tools. Learn how to create a roadmap that drives innovation, accelerates growth, and ensures your software projects deliver real value to your business.
A product roadmap provides a framework for the vision of a software product. It outlines the steps and direction to progress a software idea into a fully functioning product. It not only defines the purpose of the development effort but also aligns it with business goals and market demands. It also creates a hierarchy of priorities, making it clear which features and functionalities are most important and which can wait for future iterations. Ultimately, a product roadmap keeps the entire product team—from designers and developers to business stakeholders—harmonized around the same goal. Like sheet music, it outlines the exact timing and actions necessary to achieve something beautiful—in this case, a piece of software.
Without a clear roadmap, you risk wasting time and resources or missing market opportunities. Confusion can result in teams building features or functionalities that don’t move the needle for the business or users. That’s where a product roadmap is very helpful.
Creating product roadmaps maximizes your software's return on investment (ROI). As the saying goes, it’s much easier to hit your target when you aim before you shoot. Strategic road mapping calibrates your efforts toward the same business goals and outlines the how, when, and why behind the project. What’s more, a clear software roadmap is an excellent tool for winning executive buy-in, which can make a huge difference in the success of your project.
While each project has its differences, successful strategic software roadmaps contain these key elements. No matter what industry you’re in or what outcome you’re trying to achieve, be sure to include each of the following components in your product roadmap.
Rooting the roadmap in core business objectives ensures that every feature developed serves a purpose that aligns with company goals. A beautiful app won’t set you ahead of competitors if its functionalities don’t ladder up to a broader business goal.
To measure and track the success of your project, use Key Performance Indicators (KPIs). Common KPIs include the amount of saved time, the number of prospective customers, or the size of your user base. The right KPIs for your software project will depend on your specific business goals and industry.
When building your software roadmap, it’s important to set aside assumptions and use your target audience’s true wants and needs as a compass. Understanding the software's intended users, their pain points, and their desired outcomes is critical for success. This knowledge guides feature prioritization and ensures that the product effectively meets user needs. Users will adopt and keep using software when it’s tailored to their needs.
It’s easy to fall into the trap of over-engineering without a clear priority list of features. A framework like MoSCoW (Must have, Should have, Could have, Won't have) helps prioritize features based on their importance and impact on achieving business goals. Ranking features in this way allows you to allocate resources efficiently, focusing on the highest-value items first.
An effective product roadmap includes a clear definition of the Minimum Viable Product (MVP). While additional features might be added later, the MVP focuses only on the core functionality necessary to gather initial feedback. This iterative approach helps to define the product based on real-world usage.
A realistic timeline with well-defined milestones ensures accountability and allows stakeholders to track progress effectively. This transparency is crucial for managing expectations and making necessary adjustments throughout the development process.
Creating product roadmaps is a creative process, and it can take many different forms. Some of the most common formats include timeline, swimlane, and Kanban, among others. Often, the most effective approach depends on project needs.
As the name suggests, the timeline roadmap format links specific project steps to dates on the calendar. Features’ and phases' due dates are visible at a glance, keeping the entire team on schedule. Gantt charts are a popular type of timeline roadmap used in manufacturing, technology, and other industries.
Photo: Example of a Timeline Roadmap (Ant Murphy)
Unlike the timeline format, which organizes items according to dates, the Kanban format uses “buckets” to group similar tasks. Common delineations include “to do,” “doing,” and “done” or similar categories. Small- to mid-sized teams that move quickly are often best suited to the Kanban format.
Photo: Example of a Kanban Roadmap (Product Board)
You can think of the swimlane roadmap as a sort of hybrid format between the timeline and Kanban roadmaps. It typically combines an element of time or status with categories of tasks. This kind of product roadmap can be helpful for teams and projects with several moving parts and pieces.
Photo: Example of a Swimlane Roadmap (Roadmunk)
Ready to dive in and create your own software roadmap? Here’s what you need to know.
When you’re creating product roadmaps, follow this sequence to ensure you include all the key components necessary for success.
Popular roadmap software such as ProductPlan and Aha! simplify the process of creating and managing roadmaps, offering templates and collaboration features to streamline development. The Designli team prefers Figma as a tool for creating roadmap visuals, and for software development management, we use Jira, the gold standard for agile software teams.
While roadmap software can be helpful, ultimately, having a team that knows how to drive that software makes it even more powerful. Partnering with an experienced software developer can help you leverage tools like these and others more effectively.
Maintaining flexibility can help you avoid common challenges, like scope creep or changing market dynamics. It’s also best practice to conduct regular reviews and updates to the roadmap based on feedback and data insights. A nimble, dynamic approach that’s responsive to inputs will result in the best outcomes.
Our clients can attest—building strong software roadmaps is central to the Designli approach. Our proprietary SolutionLab thoroughly defines what success looks like in each project we take on and outlines a systematic process to achieve that goal.
Our SolutionLab includes two parallel tracks: Product Definition and UX/UI Design. This process unfolds over the course of four product definition workshops and four design review meetings. We begin with a discovery process, wherein we work side-by-side with key business stakeholders to develop a deep understanding of the business context. At the end of the session, we have a list of pain points and needs that the software should address. This process is collaborative. The Designli team offers an experienced perspective on what’s technologically feasible, while the client team offers expertise on the business and industry.
Ultimately, at the end of the process, we have a clear vision of the software goals, a solid understanding of the target audience, a prioritized feature list, an MVP definition, and a ready-for-Jira roadmap.
Our mastery of tools like Figma and Jira helps us deliver efficient and effective product roadmaps and, ultimately, innovative software. We offer specialized expertise in building enterprise technology and mobile applications for companies across industries. With our finger on the pulse of software development, we’re our client’s trusted expert in which technologies, platforms, and features to leverage to meet shifting market demands.
Our agile approach to development is evident from the start of our process. We know that the best software products are nimble enough to respond to change—be that user feedback, market changes, or technology improvements. That’s why, room for iteration is baked into our way of working and every product roadmap we create.
Utilizing analytics and user data allows us to make informed decisions throughout the roadmap process. We look to the data to optimize any product we build for sustained success. We challenge product concepts based on assumptions and team preferences and instead look to the data to guide important choices about the product.
We don’t have to look far to see evidence of our expert product roadmapping approach yielding amazing results for our clients. Here are just two stories that illustrate the importance of a product roadmap for software success.
For AskIris, a healthcare app designed to help medical professionals manage supplies more efficiently, a strong product roadmap was key. The SolutionLab process helped outline an app that’s proven nimble enough to work in just about any healthcare setting. The idea of cross-device functionality surfaced during the roadmapping process, and the app’s ability to work on Zebra devices has given it an important edge.
Learn more about the AskIris project and our approach here.
Founder Kathy imagined the Thingealogy app as a place to capture the story of meaningful items. During our SolutionLab, Kathy brought a fantastic idea to the table: people cataloging belongings for estate or insurance purposes are already used to a ‘spreadsheet format’ to store this data. Could we build something similar to an interactive web app? Our SolutionLab consulting engagement focused on defining how a spreadsheet-type UX could work in a way that wasn’t bloated or cumbersome. That seed of an idea came to fruition when our UX and UI team designed a way for users to toggle between a ‘grid view’ versus a ‘spreadsheet view.’ The interface was included in a navigable prototype so that the entire team had a clear idea of what the end result would look like before we actually developed it. That sense of clarity and vision is what has enabled the newest version of the app to come to life, and has laid the foundation for future feature iterations.
Learn more about the Thingealogy project and our approach here.
Hiring a great development team is important, but the work that happens before a single line of code is ever written is paramount to success. Partnering for your software roadmap could be the single best decision you could make for your software product because the roadmap process lays such important groundwork for your future success. Let’s take a look at just a few ways a partner can make a difference in your product roadmap.
In-house roadmap creation tends to focus on the “what” and “when.” While important, these factors of the project roadmap are more tactical than strategic. An external partner can act almost as a business consultant, challenging assumptions when necessary and defining the goal in a way that shapes and clarifies the entire product. A partner can open your eyes to strategic opportunities you might never have landed on internally.
Our team combines deep product strategy expertise with robust software development capabilities, ensuring a well-rounded approach to roadmap execution and delivery. Having worked with numerous firms across industries, we have the benefit of knowing “what’s out there.” Our technical expertise also allows us to help clients avoid setbacks and challenges they might not have foreseen otherwise.
A software development project can steal valuable resources away from other essential parts of the business. Partnering allows enterprises to stay focused on core operations while ensuring the execution of the roadmap. With a dedicated team working away on the project roadmap, clients can often enjoy accelerated time-to-market and superior product outcomes.
Misaligned software development can be costly and detrimental. A strategic product roadmap serves as a blueprint for success, aligning development efforts with business goals to drive innovation and maintain competitive advantage in the market. With a well-crafted product roadmap, you’ll be prepared to navigate complexities, optimize resources, and achieve sustainable growth.
Chart your path to software success. Schedule a free consultation with our experienced team. We can’t wait to show you how our strategic roadmap approach can transform your ideas into impactful solutions that resonate with your audience and propel your business to new heights.
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