Hoshin Kanri: a reminder of its definition and origins
Hoshin Kanri's literal translation (方針管理) is "compass management" or "management of the direction".
It is a methodology for deploying corporate policy or strategy, or in a broader sense, for deploying "breakthroughs" such as transformation or change programs.
It was developed in the 1960s and 1970s in Japan, notably by a subsidiary of Hewlett-Packard and Bridgestone. It has its origins in a mixture of Management By Objectives (by P. Drucker), the teachings of W. Edwards Deming (notably known for the PDCA) and Joseph M. Juran at seminars in Japan.