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Kaizen is a Japanese business philosophy centered around continuous improvement in all aspects of operations, aiming for small, incremental changes to achieve significant enhancements over time (similar to compound interest).
An example of Kaizen is Toyota’s production system, where employees regularly suggest and implement small improvements to streamline processes, reduce waste, and boost efficiency.
Through Kaizen, organizations foster a culture of continuous learning and innovation, empowering employees to contribute to ongoing improvements and drive long-term success.
