HOSHIN KANRI Flashcards
a strategic planning tool that businesses use to connect company-wide objectives and day-to-day work of individual contributors
HOSHIN KANRI
the goal of hoshin kanri is for everyone in the company to ___
push towards the same goal at the same time
HOSHIN
policy/direction
Kanri
Management
hoshin kanri translates to
How do we manage our direction?
When to use the Hoshin Kanri method?
-If you’re implementing a company-wide strategy
-Unify your entire team to achieve the same overarching objective
Make sure you always give your team members the _____they need to succeed.
context, clarity, and connection
It is a visual representation of the Hoshin Kanri planning process
HOSHIN KANRI MATRIX
Teams use it to help ____ when implementing the Hoshin Kanri method.
keep track of how goals and objectives connect to each other
(Hoshin Kanri Matrix)
The goal of the matrix is to: (3)
-Identify who is working on what initiative
-How strategies connect to initiatives
-How they map back to long-term goals
THE STEPS OF HOSHIN KANRI PLANNING (7)
- Establish your organizational vision
- 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
Identify your organization’s key ____
mission, vision, and values.
A ____ should support your team’s long-term goals and connect them back to your ____.
vision statement
company’s mission
These objectives form the pillar of your strategy.
strategic objectives
You don’t want to make too many objectives—aim for about ___that are longer-term and take ____ to achieve.
-three or four
-three to five years