Hoshin Kanri is a Japanese management approach that involves cascading strategic objectives throughout an organization to align efforts. It starts with defining corporate vision and long-term objectives, which are then systematically broken down into objectives for different levels. This ensures all employees and managers are working towards the same goals defined by the corporate vision. The approach involves all employees in the planning process and uses continuous improvement cycles to monitor progress, provide feedback, and refine plans over time. When implemented successfully, Hoshin Kanri can transform organizations by focusing efforts, improving learning, and aligning employees to satisfy customers.