The Hoshin Planning is a management method used to align an organization’s goals and objectives with its strategies and tactics. It is a structured process requiring every person’s effort in the company. It creates a clear vision for the organization.   Main Benefits of The Hoshin Planning The Hoshin planning is a long-term process that...

To keep your strategy working in hard times, you have to address its weaknesses in good times. Robert Simons, a professor in Harvard Business School, determined seven critical questions that you need to ask to spot your strategy’s weaknesses. As Simons states in HBR Nov. 2010 issue, “The questions may seem obvious, but the choices...

In our previous articles, we mentioned various tools from Blue Ocean Strategy and analyzed their benefits. In this article, we will talk about another tool called “Sequence of Blue Ocean Strategy”. As can be understood from its name, rather than being a unique tool, it shows in which order you should be applying the Blue...

Our previous articles on Blue Ocean Strategy were aimed at providing you with the tools necessary to formulate an overall strategy: An Introduction to Blue Ocean Strategy How to Create New Markets? Six Paths Framework Three Tiers of Noncustomers Buyer Utility Map Price Corridor of the Mass These tools were helpful in making competition irrelevant...