Making Sense of Blockchain: How Firms Can Chart a Strategic Path Forward ^Top A Road Map and Four Key Questions T o help firms make informed decisions as they tread this unfamiliar and risky path, the Mack Institute has laid out a step-by-step road map that illustrates how to take a systematic approach while developing a blockchain strategy. Yes No Relevant in the long term Yes No Do the ecosystem and capabilities support the technology transition? Implement blockchain through varied strategic choices Is adoption suitable for critical business functions? Which use cases are relevant in the short, medium, or long term? Remain agile, participate actively, integrate knowledge, and develop capabilities Actively monitor the ecosystem for changes that impact strategic choices Diagnose Identify and Prioritize Evaluate Monitor Manage Implement Relevant in the short and medium terms