Asked by Faith DeNoyer on Jun 15, 2024
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How has the kaizen approach helped Japan's economic growth.
Kaizen Approach
A methodology focused on continuous improvement in all aspects of an organization through small, incremental changes.
Japan's Economic Growth
The increase in the market value of goods and services produced by Japan's economy over time, reflecting its development and prosperity.
- Examine the benefits and drawbacks of particular change models and methods, such as force field analysis and kaizen.
Verified Answer
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Niyati DesaiJun 20, 2024
Final Answer :
One of the reasons for Japan's economic success has been its companies' approach to business. This approach, termed kaizen, involves employees' participation and feedback in operational and change decisions, and encourages active communication among top managers and workers. A literal translation of the term is "to become good through change." The concept of kaizen is one of restructuring and organizing every aspect of a system to ensure optimal efficiency.
Learning Objectives
- Examine the benefits and drawbacks of particular change models and methods, such as force field analysis and kaizen.