Kaizen is the formula derived from Japan. It comes from Japanese term which mean “continuous improvement”. Its used the most in manufacturing and business standards for improvement.
Kaizen is comprised of five core elements:
Teamwork: Work as a Team and one unit is the key aspect of “Kaizen”. Team work can utilize maximum of resource ability with creating positive work environment for the company, which help them to grow with quality.
Personal Discipline: Kaizen philosophy provide employees to manage their personal discipline in their approach to allocated work. The key aspects of this discipline covers factor like Timeline Punctuality, QA [quality assurance], Transparent Reporting and commitment to excellence in completing tasks.
Improved Morale: The Kaizen work process improved morale among Team members which is very important to increase the efficiency for business processes of the company to enhance overall productivity. Major companies offers perks and incentive to improve morale and provide motivation for productivity.
Quality Circles: Quality Circles are group or team. These Team or Group are formed to define AOI “Areas of improvement” in business processes. They analyze entire work flow of an organization to observe key areas which can be improved by utilizing Kaizen.
Improvement: Core utilization of Kaizen is concerned with reducing process waste in an effort to improve efficiency and productivity of organization.
According to Kaizen philosophy, there are a number of wastes that reduce the efficiency of business or industrial processes and increase the bottom-line costs of organizations. Among those wastes are transport waste, inventory waste, waiting waste, over-production of waste, and the over-processing of waste.
The main focus of Kaizen is upon standardize & improve the manufacturing and business activities continuously for the organization.