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Capability Roadmap
A detailed plan outlining the steps required to build and enhance market research capabilities over time, with specific milestones and timelines.
Implications
A strategic plan that outlines the development and enhancement of organizational capabilities over time, aligning with long-term business objectives and market trends.
Example
Example: An aerospace company develops a capability roadmap to guide its investment in new technologies and skills over the next decade, focusing on space exploration.
Related Terms
Different from a product roadmap, which focuses on the development timeline of products, a capability roadmap is about building the necessary competencies to support future growth.
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