What are some examples of continuous improvement in business?
Continuous improvement involves ongoing efforts to enhance products, services, or processes. Examples include Kaizen, Lean, and Six Sigma methodologies.
Can you explain the Kaizen method?
Kaizen is a Japanese term meaning 'change for better.' It focuses on small, incremental changes that lead to significant improvements over time.
What are some real-world applications of Lean?
Lean principles are applied in manufacturing to reduce waste, improve efficiency, and enhance product quality, like Toyota's production system.
How does Six Sigma differ from Lean?
Six Sigma focuses on reducing variation and defects in processes, while Lean emphasizes eliminating waste. Both aim for efficiency.
Can you give me a case study of continuous improvement?
Sure! One example is the implementation of Lean practices at Boeing, which significantly reduced production time and costs.
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