This week The Management Brief presents a podcast with Josh Howell, LEI President, and Mark Reich, LEI Chief Engineer, Strategy. They discuss Mark’s 30-plus years working with hoshin kanri — two decades at Toyota and then coaching executives while with LEI — and the impact that the strategic planning and execution process has had on Toyota and the many companies with which Mark has supported.
You’ll hear how hoshin kanri helped Toyota establish self-reliant North American operations, which required commitment from top leaders outside of Japan establishing a vision and engaging and developing management amid a period of rapid growth. Mark also describes how companies beyond Toyota — even those without historically strong management and a culture of problem-solving and collaboration — have been able to establish these corporate traits while they’re defining strategic objectives and taking actions to achieve them.
To learn more about hoshin kanri and how to deploy the process in your company, be sure to also read Mark’s book, Managing on Purpose.
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As a stakeholder of LEI’s societal (larger system) function, I am also excited for the book to get out there. Knowledge and understanding for development capacity. A matter of learning not a matter or earning. Thank you Mark.