HOSHIN KANRI Flashcards

1
Q

a strategic planning tool that businesses use to connect company-wide objectives and day-to-day work of individual contributors

A

HOSHIN KANRI

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2
Q

the goal of hoshin kanri is for everyone in the company to ___

A

push towards the same goal at the same time

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3
Q

HOSHIN

A

policy/direction

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4
Q

Kanri

A

Management

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5
Q

hoshin kanri translates to

A

How do we manage our direction?

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6
Q

When to use the Hoshin Kanri method?

A

-If you’re implementing a company-wide strategy
-Unify your entire team to achieve the same overarching objective

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7
Q

Make sure you always give your team members the _____they need to succeed.

A

context, clarity, and connection

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8
Q

It is a visual representation of the Hoshin Kanri planning process

A

HOSHIN KANRI MATRIX

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9
Q

Teams use it to help ____ when implementing the Hoshin Kanri method.

A

keep track of how goals and objectives connect to each other

(Hoshin Kanri Matrix)

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10
Q

The goal of the matrix is to: (3)

A

-Identify who is working on what initiative
-How strategies connect to initiatives
-How they map back to long-term goals

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11
Q

THE STEPS OF HOSHIN KANRI PLANNING (7)

A
  1. Establish your organizational vision
  2. Develop strategic objectives
    3.Develop annual objectives
    4.Cascade goals throughout the organization
    5.Execute the annual objectives
    6.Implement monthly reviews
    7.Conduct annual reviews
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12
Q

Identify your organization’s key ____

A

mission, vision, and values.

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13
Q

A ____ should support your team’s long-term goals and connect them back to your ____.

A

vision statement
company’s mission

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14
Q

These objectives form the pillar of your strategy.

A

strategic objectives

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15
Q

You don’t want to make too many objectives—aim for about ___that are longer-term and take ____ to achieve.

A

-three or four
-three to five years

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16
Q

a strategic objective takes about three to five years to achieve, breaking it down into ____makes the large goal feel ___.

what hoshin kanri step?

A

-smaller short-term goals
-more manageable
-DEVELOP ANNUAL OBJECTIVES

17
Q

Your entire team will not only understand the big-picture goal—that is, your ___—but also the smaller goals they will work towards in order to help the company hit its larger goals.

what hoshin kanri step?

A

-annual and strategic objectives
-CASCADE GOALS THROUGHOUT THE ORGANIZATION

18
Q

____
-You can do this is by using continuous improvement strategies such as the (3)

A

Execute the annual objectives
1.Six Sigma DMAIC model
2.the Kaizen methodology
3.PDCA cycle.

19
Q

Too often, goals and strategy information live in stagnant documents like spreadsheets or slide decks, while your team’s day-to-day work lives elsewhere. To connect the dots, start by ____to ensure that everyone is on the same page.

A

-implementing a monthly review system

20
Q

Once you’ve completed a full 12 months of progress, it’s time to look at everything your team has accomplished. Were you able to make your goals? If you didn’t achieve your goals, what could be changed next time? What are things you learned this year that you can implement for the next project cycle?
-what hoshin kanri step?

A

Conduct annual reviews

21
Q

Hoshin Kanri
– bridges the gap between ____

A

strategy and execution.

22
Q

Continuous Improvement
– is built-in via ___

A

Catchball & the PDCA cycle

23
Q

Catchball
-manager throws___ to their team
-the team throws ___to their manager
repeat until ____

A

-goals
-feeadback
-general agreement

24
Q

PDCA (______) Cycle

A

Plan, Do, Check, Act

25
– structured approach to help you move closer to any goal you’re trying to achieve – used by iterating the through the cycle repeatedly with each loop bringing you closer to your desired destination
PDCA (Plan, Do, Check, Act) Cycle
26
Decide what it is you’re going to try and do and make a plan to do it Aim to achieve small quick incremental improvements
Plan
27
Execute your chosen plan on a small scale
Do
28
Compare your actual results against what you expected to see If solution fails, return to the start of the cycle
Check
29
Implement your solution fully
Act
30
– describes where your organization hopes to get in the future
Strategic vision
31
– these are ones that the organization will have to stretch itself to achieve and that you’d like to achieve within the next to five years
Breakthrough objectives
32
– lay out what you think you need to achieve next year to be in with a fighting chance of hitting your breakthrough objectives
Annual objectives
33
Aims to ensure that your projects and initiatives are on track Allows you to see what’s going right and what isn’t
Monthly Review
34
Opportunity to review how your year has gone Opportunity to step back and look at the big picture
Annual Review
35
Hoshin Planning Process
Establish the Strategic Vision Develop Breakthrough Objectives Develop Annual Objectives Deploy Annual Objectives Implement Annual Objectives Monthly Review Annual Review
36
– tool that’s commonly used to facilitate catchball – isn’t strictly part of hoshin planning
X-MATRIX
37
X-Matrix components (5)
1. WHAT - long-term objectives (3-5 years) 2. HOW FAR - annual obj 3. HOW - Top level priorities 4. HOW MUCH - targets to improve 5. WHO