Kaizen

Definition: Kaizen is a Japanese continuous process improvement philosophy aiming for gradual, incremental improvement/change.
K assumes that every aspect of our life and business deserves to be constantly improved. The K philosophy lies behind many Japanese management concepts such as: Toyota Production System, Just-in-time, quality circles, as well as (Western) Lean Manufacturing and PDCA Cycle.
Key elements of Kaizen are:
- Teamwork
- Personal discipline
- Improved morale
- Quality Circles
- Suggestions for improvement
- The Five S framework
- Seven Wastes

More on kaizen.
More on process management: Business Process, Business Process Reengineering, Capability Maturity Model Integration, DMADV, DMAIC, more...

MBA Brief offers brief, yet very accurate definitions of MBA concepts, frameworks, methods and models. We keep it short and provide some links in case you'd like to learn more around a subject.