A strategic decision-making tool that focuses resources on the critical initiatives necessary to accomplish the business objectives of the firm. Using visual matrix diagrams, three to five key objectives are selected while all others are clearly deselected. The selected objectives are translated into specific projects and deployed down to the implementation level in the firm - see genba kanri. Progress toward the key objectives is then measured on a regular basis against clear targets. "Hoshin" translates literally as 'shining metal' or more poetically as 'the glint from the spear of a forward guide that leads the way' and "kanri" means 'control'
A strategic decision-making tool that focuses resources on the critical initiatives necessary to accomplish the business objectives of the firm. Using visual matrix diagrams, three to five key objectives are selected while all others are clearly deselected. The selected objectives are translated into specific projects and deployed down to the implementation level in the firm - see genba kanri. Progress toward the key objectives is then measured on a regular basis against clear targets. "Hoshin" translates literally as 'shining metal' or more poetically as 'the glint from the spear of a forward guide that leads the way' and "kanri" means 'control'
