Hoshin Kanri
A Japanese phrase that means setting and controlling direction. Some translate it as “Policy Deployment” but a more accurate term is “Policy Management.” There are three basic components of Hoshin Kanri. The first is setting goals, the second is creating a detailed plan to meet the goals, and the third is putting in place a system to ensure the detailed plan is executed in the planned timing, with the planned results. As the name implies, Hoshin Kanri aligns an organization toward accomplishing a single goal.