The Hoshin planning process is a systematic approach to strategic planning and execution, ensuring that the organization's strategic goals are effectively communicated and implemented across all levels. The process involves: - Define Vision and Objectives: Establish long-term vision and strategic objectives that align with the organization's mission. - Develop Breakthrough Goals: Identify breakthrough goals that will drive significant improvements and align with the long-term vision. - Create Annual Objectives: Set specific annual objectives that support the achievement of breakthrough goals. - Deploy through Catchball: Use the catchball process to communicate and refine objectives, ensuring alignment and buy-in across the organization. - Implement Action Plans: Develop and execute action plans to achieve the annual objectives. - Monitor and Adjust: Continuously monitor progress, review performance, and adjust plans as needed to stay on track towards the strategic goals.