Importance of Kaizen Approach in Current Market Scenario by gyvwpsjkko


									?The challenge of globalization has magnified the economy of most of the developed
and developing nations. Globalization has created new complexities in every industry
and thus requires new strategies and unique approaches. Have you ever thought why
some countries have higher economic growth rates than others? Or why some
industries grow at a faster pace and more constantly than any other industry? Perhaps
the answer could be they all believed in constant changes for better improvement in
order to survive against the competition.

The business world has changed dramatically in the last couple of years and the
biggest challenge that most business managers/ entrepreneurs or any business are
facing these days is to implement and adopt change programs. 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.

Designed to achieve better quality at low cost and on-time delivery of products,
Kaizen generally focus on defining standards and then repeatedly following those
standards to get better and maximum output. This is an approach that strives toward
achieving perfection by eliminating waste. Moreover, it encourages a better
communication between different departments through Total Quality Management.
Apart from this, Kaizen approach also focuses on complete productive maintenance
and pay attention on getting the highest utility by effectively utilizing the present

The most important highlight of Kaizen approach is that involves every single
employee within an organization starting right from senior managers to the bottom
line employees, and makes every person working there, feel the company as
something personal. This indirectly helps in improving the individual performance
and motivates them to deliver better output. With every employee is looking for ways
to make improvements, an effective Kaizen approach can lead to have better results

1) It helps in decreasing the waste in areas such as inventory, transportation, and
over production.

2) It focuses on discovering problems at their source and solving them at their
source, and if in case a situation arises where one needs to change the standards, it
further helps in changing the standard so that the problem can be solved.
3) It helps in positive space utilization and better use of production capacity, capital
and employee retention.

4) Kaizen can be easily implemented by effective and well planned elimination or
transformation of existing procedures

5) It focuses on creative investments and small improvements instead of large
capital investments and thus provides immediate results.

No doubt if we observe the current market scenario, by following the Kaizen
approach any organization can indeed achieve and develop an organized work place
with disciplined employees. Making the appropriate and correct use of skills of your
employees to further improve the competitiveness can greatly contribute towards the
growth of your business; standardize the working culture and measure all possible
metrics to attain the best market result.

In recent years Kaizen as a new concept has been applied into many organizations,
manufacturing and service companies. Thus, if any company is looking to improve its
productivity at lower costs, and planning to maintain or achieve a sustainable growth
rate, then Kaizen is definitely one of the answers.

As a Lean Manufacturing & Kaizen Consultants, Goihata has been doing Japanese
Translation and Spanish Translation for big and renowned Japanese firms.

To top