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Friday, 16 May 2008
 
 

Importance of Kaizen Approach in Current Market Scenario

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Importance of Kaizen Approach in Current Market Scenario

The business has become more competitive and no one can deny from the fact that today the requirement to improve the quality and productivity is one of the highest priorities in business management. This is where "Kaizen", comes into picture and plays a vital role. Kaizen has been derived from the fusion of two Japanese words: "Kai" and "Zen", it stands for "Change" and "Good" and defined as nonstop enhancement or improvement. In simple terms it means constant analysis to have a better performance. Invented and developed in Japan, this Kaizen approach helped many firms all across the globe to achieve better operational excellence and improve their productivity.
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