What is Hoshin Kanri?
Hoshin Kanri is a strategic planning and management system that helps organizations align their vision and goals with the actions and activities of their employees. It involves establishing a clear vision for the organization, identifying and prioritizing breakthrough objectives, setting annual objectives, and defining regular review cycles to track progress and make necessary adjustments.
What's included in this Hoshin Kanri Template?
- 4x Hoshin Kanri Focus Areas
- 8x Hoshin Kanri Objectives
- 8x Hoshin Kanri Projects
- 16x Hoshin Kanri KPIs
Who is this Hoshin Kanri Template for?
This template is designed for leaders and teams within organizations who are looking to implement the Hoshin Kanri framework to align their strategies and activities with their vision and goals.
How is this Hoshin Kanri Template relevant to your organization?
Implementing the Hoshin Kanri framework can help your organization improve communication, focus on key areas for improvement, and track progress towards achieving your vision and goals. This template provides a structured approach to help you establish and implement a Hoshin Kanri plan within your organization.
1. Define clear examples of your focus areas
Focus areas are broad categories used to group problems or challenging areas within your organization. Creating focus areas helps guide your organization on what areas are a priority to work towards.
An example of a focus area within the Hoshin Kanri Template is: Identify & Develop Annual Objectives.
2. Think about the objectives that could fall under that focus area
A strategic objective usually has to be specific and measurable to cause enough impact and effectively explain what you want to achieve.
An example of an objective within the focus area 'Identify & Develop Annual Objectives' within the Hoshin Kanri Template is: Align annual objectives with vision and breakthrough objectives.
3. Set measurable targets (KPIs) to tackle the objective
A KPI is a key performance indicator that is measurable and evaluates the success rate of an organization in relation to the task at hand. KPIs can be very industry-specific or broad and applicable across multiple industries.
An example of a KPI for the objective ‘Ensure that all stakeholders are aware of the measures that will be used to track progress’ in the Hoshin Kanri Template is: % of annual objectives that align with vision and breakthrough objectives.
4. Implement related projects to achieve the KPIs
Projects are ways in which the objective can be achieved, but more so, closely tie in with ways in which organizations can make sure they are working towards their KPIs.
An examples of a project within the Hoshin Kanri Template is: Facilitate cross-functional team meetings to develop annual objectives that align with vision and breakthrough objectives.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Make sure your strategy is front and center with Cascade. You can plan, execute, measure and adapt your strategy in one easy-to-use platform and make sure your strategic plan is connected to on-the-ground execution.
Use this Hoshin Kanri Template and launch your strategy in Cascade; it’s $0 forever.