Balanced Scorecards vs Hoshin

Hoshin is really effective at cascading goals effectively, communicating these and capturing the tactical initiatives without which strategy execution would beimpossible. This is where the collaborative Hoshin Catchball process can be of particular value. One way of looking at it is the balanced scorecard is good at displaying what should be done, whereas Hoshin is really good at managing WHAT should be done. As is graphically indicated in the Hoshin 6 stage implementation process infographicthe Hoshin process provides effective processes to cover the essential rigor, flexibility and transparency required for effective execution. In this regard, while not essential, the best practice Hoshin tools such as the x-matrix, bowling chart and A3 project planners as set out in thisHoshin Planning tools link, can significantly impact on the success of the execution process.

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