How to use the Hoshin X-Matrix to link strategy, execution and breakthrough performance - ERP Spain.com - España y América Latina

How well does your organization connect its strategy creation with its strategy execution? This session provides an overview of the seven-step Hoshin Planning Process, which links a company's major strategy objectives with the resources and action plans needed to make them happen. By using this time-tested approach, you can successfully involve your entire organization in delivering a combination of breakthrough performance and daily management in order to focus on sustainable results.

Strategic plans developed using the Hoshin Kanri process are visualized in X-matrices. A top-level matrix and a number of second-level matrices outline breakthrough objectives and improvement priorities that each of the stakeholders are accountable for. Each X-matrix is supported by a bowling chart or scorecard. At the project level, an action plan is used in the format of an A3 report, alongside a countermeasures report, which lists all the actions to be taken to put the strategy back on track.

This online training course is a guide to the step-by-step process of applying the Hoshin X-matrix to support, communicate and drive a systematic journey towards achieving your company strategy.

Attendees of this two-hour session will learn how to:

Follow the seven-step Hoshin Planning Process for successful strategy execution.

Use the X-matrix to support and align strategy to execution, engaging the organization at multiple levels.

Develop a mechanism for prioritizing project opportunities objectively.

Identify breakthrough objectives and annual objectives.

Link top-level improvement opportunities to company strategy.

Provide alignment, responsibility and measurement of progress across the organization.

Agenda topics:

The seven-step Hoshin Planning Process

Developing breakthrough and annual objectives

Linking top-level improvement priorities to annual objectives

Selecting the metrics for top-level improvement priorities

Using the X-matrix for monthly and annual review processes