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3 ideas western executives can learn from Hoshin Kanri

3 ideas western executives can learn from Hoshin Kanri By Aleksey Savkin www.BSCDesigner.com Japanese words “Hoshin" and “Kanri" literally mean “a method for strategic direction setting" and “management/control." It was popularized in Japan in the 1950s by Professor Yoji Akao Hewlett Packard, Nissan, Bank of America, and Toyota practiced and popularized Hoshin Kanri. Act Plan 1 Plan-Do-Check-Act (PDCA) Cycle Check Do Catchball VISION AND АCTIONS GOALS METRICS ОBJECTIVES ОВЈЕСTIVES 3 Results Alignment PERSON RESPONSIBLE ACTIONS Iw METRICS {1} Plan-Do-Check-Act Cycle "The real gap is that one needs to implement PDCA consciously and systematically into all of the smallest Act Plan (action level) and biggest (strategy level) processes and activities of the Check Do business." Aleksey Savkin | BSCDesigner.com {2} Catchball – strategy discussion VISION AND АCTIONS GOALS METRICS ОВJECTIVES "Catchball is not 100% top-down. Top managers don't just articulate and translate their vision, goals, and objectives. It is more about discussion and brainstorming, analyzing and testing options, and getting back to the discussion (PDCA cycle, again!)." {3} Employees are accountable for achieving the results ОBJEСTIVES PERSON RESPONSIBLE АCTIONS W METRICS Explain what Hoshin Kanri is about without repeating high-sounding statements about strategic alignment Compare and contrast it with the Balanced Scorecard Give an example of how Hoshin Kanri can be supported by BSC Designer soft- warestatements about strategic alignment Read more in "3 ideas western executives can learn from Hoshin Kanri" http://www.bscdesigner.com/3-ideas-from-hoshin-kanri.htm

3 ideas western executives can learn from Hoshin Kanri

shared by belliott on Sep 20
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Those who think that Balanced Scorecard is the only sound strategy description framework are mistaken. Hewlett Packard, Nissan, Bank of America, and Toyota practiced and popularized Hoshin Kanri. I w...

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