Essential Hoshin Planning Tools for Excellence in Execution
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The Devil is in the Execution!
In today’s competitive economic climate, organizations stand or fall by how well they deliver against the promises they make to stakeholders. There are two likely causes of the failure to deliver on promises made: either the strategy itself was fundamentally flawed, or the process through which strategy gets disseminated and executed was ineffective. In the majority of cases, it is this execution process that lies at the heart of the problem with the root causes of this being one of the following:
- Lack of alignment between top level corporate strategy and the initiatives which take place at a tactical level
- Management reviews are predominantly focused around lagging measures which measure outcomes, and not leading measures which predict what the outcomes will be
- Organizations are unable to accurately predict the impact that the successful completion of actions will have on the Key Performance Indicators, and ultimately, strategy.
The process of Hoshin Planning or goal deployment, using the powerful X-Matrix, is being implemented by a number of organizations to help address these root causes, however close to 90% of companies are using spreadsheets to manage this and subsequently fail to achieve their goals.
Join Paul Docherty, CEO of i-nexus, as he discusses the steps organizations can take to address the barriers to effective Hoshin Planning.
This webinar is now available on demand.
Paul Docherty started his career in Marconi, where he held a wide range of senior management roles covering manufacturing, IT, sales, product development, project management, Operational Excellence and corporate strategy as well as having P&L responsibility for the growth of a regional telecoms equipment business.
Passionate about helping organizations to execute more effectively, Paul's deep understanding of the challenges of establishing robust strategy execution disciplines comes from his experience coaching senior management teams in over 100 global organizations. He is a regular speaker at conferences and has delivered keynote presentations and the IQPC Annual Process Excellence (PEX) Global Summit and at the thought leader global Annual Strategy Execution Conference. Regularly averaging over 500 registrants for each of his quarterly webinars on Strategy Execution Best Practices, Paul is the architect of the Strategy Execution Maturity Model which has been used by hundreds of global organizations to benchmark their strategy execution capabilities.
In addition to his role as a thought leader in the Strategy Execution space, Paul is also the founder and lead facilitator of the Strategy Execution Consortium – a group of 40+ Global 2000 companies that meet annually on both sides of the Atlantic to share and benchmark Strategy Execution Best Practices.
In 2001, Paul founded i-nexus with the goal of building cloud-based software that could help organizations successfully manage the complexity involved in translating their vision into reality. This software is now the "de facto" standard for large enterprises when it comes to driving execution of their strategy. Paul holds an MEng. in Computer Systems and Software Engineering from the University of York and an MBA from the University of Warwick.