The Important Advantages of Hoshin Kanri for Strategic Planning

The Important Advantages of Hoshin Kanri for Strategic Planning

By Discovery Lean Six Sigma

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The Important Advantages of Hoshin Kanri for Strategic Planning
 

Hoshin Kanri, also known as "strategy deployment," is a formal Lean technique used to identify an organization’s breakthrough objectives and create a defined three to five-year plan for achieving them. The process is associated with identifying the organization’s true north and aligning the goals and objectives of each employee with the strategic plan.

The typical process involves 6 steps:

  • Define "true north" that will stay fairly consistent over time
  • Identify significant business issues that need to be solved over a 3 to 5-year timeline
  • Establish specific measurable objectives to resolve these issues
  • Define key performance indicators (KPIs) for every level of the organization
  • Develop strategies, projects, and tactics to support the achievement of these goals
  • Review progress on a monthly and annual basis

Unlike other approaches to planning, Hoshin Kanri is not done from the top-down. People at every level of the organization are involved in setting the priorities and laying out the plan for success. A technique called Catchball, where ideas are passed from one level of the hierarchy to another is commonly used during Hoshin planning.

Hoshin Kanri has a number of advantages over other strategic planning methodologies. Here are the chief reasons it is so popular.

Free Guide to Strategy Deployment





Original: https://blog.kainexus.com/improvement-disciplines/hoshin-kanri/the-important-advantages-of-hoshin-kanri-for-strategic-planning
By: Jeff Roussel
Posted: September 27, 2017, 3:46 pm

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