THE SPECIFICS OF HOSHIN KANRI AS A METHODOLOGY FOR SUCCESSFUL STRATEGIC MANAGEMENT OF ORGANIZATIONS

 

Radka P. Ivanova

Assoc. Prof. Dr., University of Economics Varna, Bulgaria, r.ivanova@ue-varna.bg

Abstract

Hoshin Kanri is a management methodology that allows concentrating the energy and capabilities of all the employees to develop up-to-date goals and flexible action plans, to develop creativity and active communication, to discover new sources of funds and ideas, by targeting utilization of all available resources. At the heart of the Hoshin Kanri is the idea of continuously improving the quality characteristics of the organization, taking into account changes in the external environment, what has been achieved so far and forecasts for future development. A guiding principle is the participation of all those working in the organization, "grasping" ideas, discussing them jointly, consensual selection and identifying appropriate ways to implement them. The purpose of this article is to bring out the specifics of Hoshin Kanri for managing organizations in strategic terms.

Keywords: Hoshin Kanri, TQM, PDCA, Catchball, Ringi.