Hoshin Kanri is a 7-step process used in strategic planning in
which strategic goals are communicated throughout the company and then
put into action.
The Hoshin Kanri strategic planning system originated from post-war Japan, but has since spread to the U.S. and around the world.
Why Hoshin Kanri?
It has never been easier to start a business and reach a seven-digit revenue. However, it has never been harder, in the history of mankind, to make people care about your products. There is severe competition in every market and only the smartest and the most dedicated survive. That is why companies need to make sure they have a well-thought-out strategy and can execute relentlessly. It is not about having a strategy or execution. It is about both!
Additionally, alignment is among the greatest challenges of the big enterprise, where thousands of people do thousands of jobs every day. It is often a challenge even for smaller companies, where work is much more dynamic and the big picture can easily be lost.
When Hoshin Kanri is implemented effectively, it forces the leadership team to come up with a vision and a list of breakthrough goals, creates a cascade of complementary goals, which ensures alignment, and provides the necessary leverage for successful execution.
In other words, Hoshin Kanri bridges the gap between strategy and execution by creating alignment and focus.
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|Asked: 7/17/20, 4:36 PM|
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|Last updated: 7/18/20, 4:53 AM|