The X Matrix Template is a tool that many organizations use to implement a Hoshin Kanri approach to strategic planning. Further, Hoshin Kanri, which means “Policy Deployment” in Japanese, can be useful for communicating the important elements of a strategy. Not to mention, the X Matrix tool is able to communicate this information on a single page. The basic idea is that top-level objectives start on the bottom, or “6:00” side of the matrix, then the dots show the relationship to each sub-goal in a clockwise direction.
Set Your 3-5 Year Breakthrough Objectives
This is your “south” or “6:00” quadrant, which serves as your long term mission/vision related area that contains items spanning more time than the current year.
- Once in KPI Fire, begin by creating a goal and selecting the top-level company as the department.
- In the Goal Description box, to clarify things, it is recommended that you enter details about the short phrase that refers to the goal.
Set Your Annual Priorities
This is the “West quadrant, or 9:00” position on the X Matrix Template, which represents key results or goals that you plan to achieve in the next year. These should be configured as sub-goals of your 3-5 year breakthrough objectives.
- To begin with, create a sub goal, click on the goal you want to link from, and select from the Actions dropdown: “+ Add/Edit Goal.”
Set Your Immediate Top-Level Strategic priorities.
This is the “North quadrant, or 12:00” position on the X Matrix. These are key results or goals that you are working on most immediately. These should be configured as sub-goals of your Annual breakthrough objectives.
Targets to Improve
In similar fashion, the items in the “East quadrant,” or the “3:00” position on the X Matrix are considered your Targets to Improve. Additionally, these are your Metrics. Subsequently, any metric linked to one of the goals listed in the other quadrants will be listed here.