Introduction
Pick up a recent issue of the Harvard Business Review or read the latest management blog and you'll see that the debate between which is worse -- your strategy or your execution -- rages on. There are plenty of studies that show how 80 percent of companies don't have a well-thought-out business plan. The idea being that if they just had the plan, then the organization would be ready to deliver. There's just as much literature that espouses the exact opposite: It's not the strategy that's lacking, but the sound business processes needed to execute.
As most integrative thinkers will tell you, there is a third explanation. Organizations tend to lack a way to connect their strategy with the resources to properly execute. It is this bridge that is often the problem, not the two river banks. Of course, both strategy and execution can and should be improved, but the connector between the two must function well for either to actually impact the business in a meaningful way.
That's where Hoshin Planning comes in. This planning process links the major strategy objectives with the specific resources and action plans needed to make them happen. Hoshin Planning (sometimes called policy deployment, strategy planning or strategy deployment) is that bridge that most organizations need. Through a back-and-forth refinement system known as "catchball," the entire company becomes involved in delivering a combination of breakthrough performance and daily management.
Does your company have any of these problems?
- Very long lead-times for improvements
- Senior management vision doesn't match organizational activities
- Annual objectives rolled out in March instead of January
- Year-to-year plans never seem to connect
- Most employees never feel like a part of the team
Hoshin Planning could be the solution you've been looking for. Through this two-hour online training session, you'll learn how to make Hoshin Planning a fundamental part of your business.
You'll learn how to:
- Galvanize your leadership team around a transformational vision.
- Translate the organization's vision into a tree of business priorities that are cascaded through the organizational hierarchy.
- Establish metrics and accountability for each objective at all levels.
- Deploy specific methodologies, projects and people to achieve the objectives.
- Conduct periodic reviews to refine direction and objectives and ensure execution to plan.
Sign up for this online training course
Each registration entitles you to receive continuing education credits through our partnership with the International Association for Continuing Education & Training (IACET). During the training session, you'll receive instructions on how to claim your credits.
IACET continuing education credits are accepted by the American Society for Quality (ASQ) and hundreds of other organizations and companies.
• Individual -- for those who want to attend the training alone. $199.
• Group* -- if you want to train multiple people at your location. $399.* Rules for groups:
A "group" consists of multiple people within a single room at a single location, viewing the training session on a single screen. If you want to train people in multiple locations, or if each person requires their own screen to view, they must register separately.
Add-ons:
• A CD-ROM of the training course can be added to any registration for an additional $199.Technical detailsThis training session will be conducted using a slides-and-audio format. After you complete your registration, you will receive a confirmation email with details for joining the training course, as well as your unique password.
• How IndustryWeek webinars work • System test (pops up in a new window) • Contact us: [email protected]