“Each January, roughly one in three Americans resolve to better themselves in some way. A much smaller percentage of people actually make good on those resolutions. While about 75% of people stick to their goals for at least a week, less than half (46%) are still on target six months later, a 2002 study found.”
The same can be said about organizations. Every Year, many organizations go through their Strategic Planning and set many Goals and Objectives. But how successful are they achieving their targets? And more importantly how relevant are those targets to their Business Needs? Especially nowadays because of the Coronavirus and all the changes in the business environment, will you meet your goals and objectives for the year?
A holistic and more effective approach in the development and deployment of strategic plans is the process of Hoshin Kanri.
Hoshin Kanri (HK) is the management process that Toyota developed as part of the Toyota Production System to help them achieve up to 95% of the “Tip Toe” goals. HK process builds upon the foundations of Kaizen while having an eye on the future for Breakthroughs.
What Will Hoshin Kanri Covered
- Holistic approach
- Systems Thinking
- Providing a roadmap for the entire organization
- Developing and transforming all systems, processes, and individuals
- Embedded in the culture of the organization