You’ve probably heard that the economic recovery of Japan after World War II is taught in almost all of the world’s faculties of economics and management.
Having that in mind, it’s significant to mention one of the most represented business models in most Japanese companies. Someone once said, if you decide to learn only one Japanese word, let that be Kaizen. Unless this sounds familiar to you, below you will discover why it is so popular in the business world and what this concept behind Kaizen is.
The word itself consists of two parts, ‚‚kai ” which means change and‚ ‚,zen” which represents improvement. To put it simply, this is actually a method of continuous improvement with the following 3 basic characteristics.
Successful global companies that apply Kaizen in their business know that maintaining the current state of affairs is not good for the company. The world is constantly changing, and therefore, so should the way in which companies operate in order to remain successful.
Small changes affect productivity, quality of work and may help forge better business opportunities for the company every day. Tiny changes to key processes that come from all employees make a visible contribution to increasing profits and customer loyalty. In practice, the particular benefit of this method has been shown to exceed the expected goals of a firm.
Improving workflows in simple ways
In the field of management and economics, according to Kaizen, employees are not encouraged to make major shifts and innovations, but leaders should be pleased if employees make even the smallest contribution to improving the day-to-day progress of the company in which they work and the processes in which they participate.
One of the most famous examples of Kaizen’s successful implementation occurred at Toyota after the outbreak of the global economic crisis, when the management of the company received close to 7,000 suggestions for business improvement from its employees, and 99% of the proposals were adopted.
Good business organization leads to happier employees
The implementation of this Japanese business approach does not require significant financial resources, but a shift in awareness to constantly improve business, Kaizen has been widely accepted by many businesses around the world whose leaders wanted to develop better business organization.
Managers who apply the Kaizen concept support employees through encouraging, praising, and implementing their solutions that remove the day-to-day obstacles in the business.
The greatest positive impact of this Japanese philosophy certainly lies in establishing new, healthier social employee habits.