What is Hoshin Kanri | Policy Deployment and Strategic Management

Hoshin Kanri, also known as Policy Deployment, is a strategic planning method that originated in Japan. Through a tool called the X-matrix, the organisation's five-year objectives are defined. The 5-year objectives are then declined to 1-year objectives and then into a tactical plan with a clear definition of who does what. 📹 Related Video ▶ Hoshin Kanri by Gemba Walk https://www.leanvlog.com/policy-deployment/ ▶ How to do with Hoshin Kanri and X-Matrix https://www.leanvlog.com/policy-deployment-how-to-do-with-hoshin-kanri-and-x-matrix/ ✏️ Here is the transcript of the video Today, I am going to talk about a management strategy that's been gaining popularity in recent years: Hoshin Kanri. Hoshin Kanri, also known as Policy Deployment, is a strategic planning method that originated in Japan. It’s a system that aligns an organization's long-term goals with its day-to-day activities and helps to ensure that everyone is working towards the same objectives. ▶ The Policy Deployment Process The process starts by defining the company's mission and long-term vision. This is then broken down into specific, measurable goals and objectives for each level of the organization. From there, a plan is developed to achieve these objectives and it's communicated to everyone in the company. ▶ Hoshin Kanri Benefits One of the key benefits of Hoshin Kanri is that it helps to eliminate waste and duplication of effort. By having everyone working towards the same objectives, the company is able to focus its resources and efforts on what's most important. This leads to greater efficiency and improved results. ▶ Hoshin Kanri and Continuous Improvement Another key aspect of Hoshin Kanri is continuous improvement. The process is designed to be flexible and adaptable so that as the company evolves, the objectives and plans can be updated to reflect changes. This helps to ensure that the company is always moving forward and making progress toward its long-term vision. ▶ Conclusions So there you have it, a brief overview of Hoshin Kanri. It's a powerful tool for companies looking to align their resources and focus their efforts on what's most important. If you're interested in learning more about this method, be sure to check out our additional resources in the description below. Thanks for watching! If you found this video helpful, don't forget to give us a thumbs up and subscribe to our channel for more great content. ツ CONNECT WITH ME ツ Hi, my name is Mark Anderson a 20+ year Lean Expert. I have created LeanVlog because I want to spread Lean Thinking worldwide and I think the video is the most effective way to teach, learn, and spread knowledge. If you want to stay in touch with me you can choose the channel you prefer. A) Linkedin https://www.linkedin.com/in/mark-anderson-leanvlog/ B) Latest Videos and Playlist Website: https://www.leanvlog.com C) Telegram https://t.me/leanvlog #hoshinkanri #policydeplyment #leanmanagement