The management compass: steering the corporation using hoshin planning

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    Iterative and collaborative planning is the key in building your plans

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    Hoshin Planning and the X-Matrix: Parts and Purpose

    Topics: Hoshin Kanri. Posted by Greg Jacobson. The practice of Hoshin Kanri , also called Policy Deployment or Strategy deployment, is about the alignment of individual goals and performance measurement with the company goals and mission.

    It is rare to find a management practice that has the potential for so much impact at the strategic, tactical, and operational levels of an organization, but Hoshin Kanri does. In fact, some experts believe that Hoshin Kanri is the single most important responsibility of senior management. Hoshin Kanri is a management technique designed to steer an organization towards its most important long-term goals without sacrificing the need to practice continuous improvement. If you are unfamiliar with the approach, we have some detailed information that will be useful.

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    Navigating organizational waters with hoshin planning

    In short, the words "Hoshin Kanri" are usually interpreted as direction setting management. Much like a compass pointed toward true north, the Hoshin approach to strategic planning defines where the organization is headed. The core idea is that the best way to obtain the desired result is to make sure every person in the organization knows the long-term vision and that they are all working a defined plan to make it happen. Key processes must be monitored to ensure that the day-to-day operation of the organization continues to improve, so it must be noted that Hoshin planning is about both direction and control.

    If you are wondering exactly how Hoshin Kanri can help, this blog is for you. Here are the ones we run into most often. Posted by Maggie Millard.

    Free The Management Compass Steering The Corporation Using Hoshin Planning

    Too many organizations leave what is arguably the most important function of the organization without support. Pat yourself on the back for recognizing that if software helps you manage everything from your finances to your customer relationships, it can help manage the strategic direction of the company as well. That said, not all strategy deployment software implementations are equally effective. It lets leaders take the long view with a three to five-year plan, but addresses the need to have short-term goals as well.