Skip to main content

What is the "Target" phase section and how to use it?

Angad Singh avatar
Written by Angad Singh
Updated over 4 months ago

Target Section

The Target section as the name indicates helps us set a target for the kaizen being initiated.

The target is made of two crucial parts, KPI’s and Savings. While setting a target, there two informations are attached with further details that allow us to quantify our targets in terms of states & finances!

Let us understand the section with a flowchart:

The Target of a Kaizen

KPI’s

Key Performance Indicators (KPIs) are measurable metrics used to evaluate how effectively an individual, team, or organization is achieving key objectives.

Savings

Savings in a project represent the expected reductions in costs, efficiency improvements, quality enhancements, and potential revenue increases resulting from planned changes or optimizations.

Both these sections have their own fields and options that take in information and allow us to set a target using a benchmark consisting of performance measurement and cost factor.

Let’s go ahead and learn how to set a Target inside a kaizen!


How to use Target Section

Check out the Video Guide for a step-by-step walkthrough and detailed insights.

(Runtime: 1:49) Watch Now ▶️

Step 1

Add the Target section from the available list to the required phase.

Need Help?

Useful Facts!

When a new section is added it appears under the previous section; in this case 5 Why Section.


Step 2

Expand the section by clicking anywhere in the section field, or on the arrow on the right side.

The arrow can also be used to collapse the section.

The Target section has two sub-sections, Basic Details & Savings. Both are expanded by default but you can use the arrow on the right-hand side of the headings to expand/collapse these sections.


Step 3

As we saw above, the Target section sets a target for the Kaizen using two parts; KPI’s & Savings.

Therefore, there are two steps to enter information in a Target Section and corresponding to the 2 Fields:

Step 3.1

Step 3.2

Setting the KPI’s

Setting up Saving Targets

Corresponding Fields

KPI

*Savings

  1. KPI*

Drop-down Menu

  1. Projected Cost

Amount Field

  1. Projected Soft Savings

Amount Field

  1. Projected Hard Savings

Amount Field

  1. Frequency*

Drop-down Menu

(Daily, Weekly, Monthly, Yearly)

  1. Projected Virtual Savings

Amount Field

  1. Projected Cost Avoidances

Amount Field

  1. Current State

Text Field

  1. Projected Other Savings

Amount Field

  1. Capital Expenses

Amount Field

  1. Target State

Text Field

  1. Years of Depreciation

Number field

  1. Target Date

Calender Field

Enter the information in the fields mentioned in Steps 3.1, 3.2 (Corresponding Fields).

* Marked Fields


Step 4

Click on Save when you are finished & collapse the section after saving the Target!


Congratulations! We have successfully learned about the Target Section inside Kaizen!


With this we have completed the Do Phase, and are almost halfway through the sections!

7 down, 10 more to go!

Let’s keep our pace and go to the next one!

Did this answer your question?