Policy Management: A 7-Step Guide to Effective Strategic Planning
What is Policy Management?
Policy management is a critical component of strategic planning, involving a 7-step process that ensures the effective communication and implementation of strategic goals throughout an organization. Hoshin Kanri is a strategic planning tool that empowers businesses to connect company-wide objectives to the daily work of individuals.
The Importance of Hoshin Kanri
For Driving Progress
Hoshin Kanri, often referred to as Policy Deployment, is an indispensable method for ensuring that a company's strategic goals drive meaningful progress and action at all levels of the organization.
For Aligning Long-Term Objectives
Hoshin Kanri is deeply rooted in Japanese management philosophy and represents a strategic planning process that empowers organizations to align long-term objectives with daily operations, creating a unified vision for the future.
For Lean and Engaged Operations
Hoshin Kanri embraces lean principles in organizational operations, emphasizing the imperative of buy-in from every member of an organization for the successful realization of company goals.
Comments