Hoshin Kanri. Figure 1: The Core Hoshin Planning Process (Source: GOAL/QPC 1989, p. 13). (1) Establish organization vision. PHASE 1: (1)(2) – Well done strategic planning. (2) Develop 3-5 year plan. PHASE 2: (3)to(7) – Heart of hoshin planning process. (3) Develop annual objectives.
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(Source: GOAL/QPC 1989, p. 13)
(1) Establish organization vision
PHASE 1: (1)(2) – Well done strategic planning
(2) Develop 3-5 year plan
PHASE 2: (3)to(7) – Heart of hoshin planning process
(3) Develop annual objectives
(4) Deployment/roll down to depts., to develop plans including targets and means
(6) Regular progress review – monthly + quarterly
(7) Annual review
The determination of hoshins
The coordination of hoshin development & deployment
The establishment of control items
Analytical & problem-solving abilities
Check & action taken
Leadership & participation by high-ranking personnel
Liberal market economy
Coordinated market economy
Collaborative institutional relations
Strategic resources are industry, firm specific (resource based view of strategy)
Strategic management primarily inside-out & synergy based, common corporate ways of working
Is the very large MNC a special case, and what have been the effects of global strategy?