kaizen vs innovation

KAIZEN v/s INNOVATION APPROACH

KAIZENKAIZEN

改 ('kai') KAI means 'change' or 'the action to correct'.

善 ('zen') ZEN means 'good‘

Masaaki lmai is known as the developer of Kaizen.

CONCEPTCONCEPT

WW II : Civil communication Service’s, Economic & Scientific Section, Training within Industry (1951)

PDCA & 5 Why Technique.

Use of Kaizen in Personal Life.

FEATURESFEATURES

Widely applicable.

Highly effective & results oriented.

A Learning Experience.

Team based & cross functional.

SIMPLIFYING

STANDARDIZINGSTANDARDIZING SUSTAININGSUSTAININGSORTINGSORTING SWEEPINGSWEEPING

5 ‘S’ IN 5 ‘S’ IN KAIZENKAIZEN

BENEFITS

Kaizen Reduces Waste- like inventory waste, time waste, workers motion.

Kaizen Improves space utilization, product quality.

Results in higher employee moral and job satisfaction, and lower atteration rate.

Example :-

Toyota is well-known as one of the leaders in using Kaizen. In 1999 at one U.S. plant, 7,000 Toyota employees submitted over 75,000 suggestions, of which 99% were implemented.

INNOVATIONINNOVATIONAPPROACHAPPROACH

The Innovation approach has existed for a little more than a decade now after the peculiar work by Freeman (1987), Lundvall (1992) and Nelson (1993).

The Innovation approach has become very established in a very short period of time. It is widely used in academic contexts and also as a framework for innovation policy-making.

The 5 Most Common Approaches To Innovation.

Customer Needs First.

Find a Killer Idea First.

Throw Plenty Of Ideas Around.

Define The Problem First.

Find New Ideas to Power Up Growth Strategy.

INNOVATIONINNOVATIONPROCESSPROCESS

INNOVATION STARTS WITH AN IDEA.

THE IDEA MIGHT EMERGE FROM A MANAGED ENVIRONMENT.

THE IDEA IS TESTED IN REALITY AND MODIFIED TO MEET UNFORESEEN NEEDS AND CHALLENGES.

IF THE INNOVATION SURVIVES PEOPLE ADAPT THE IDEA TO THEIR OWN NEEDS.

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FINDING A STRUCTURED

APPROACH

WHERE INNOVATION TAKES PLACE

MAKING INNOVATION A

STRATEGIC PRIORITY

ENCOURAGINGINNOVATION

THE FOUR KEY THE FOUR KEY DIFFERENCESDIFFERENCESTHE FOUR KEY THE FOUR KEY DIFFERENCESDIFFERENCES

 KAIZEN INNOVATION

1.    Effect Long term and long lasting but undramatic

Short term but dramatic

2.    Pace Small steps Big Steps3.    Timeframe Continuous and incremental Intermittent and non-

incremental

4.    Change Gradual and constant Abrupt and volatile5.    Involvement Everybody Select few “champions”6.    Approach Collectivism, group efforts, systems

approachRugged individualism, individual ideas and efforts

7.    Mode Maintenance and improvement Scrap and rebuild8.    Practical requirements Requires little investment but great

effort to maintain itRequires large investment but little effort to maintain it.

9. Effort orientation People Technology10. Evaluation criteria Process and efforts for better results Results for profit11. Advantage Works well in slow growth

economiesBetter suited to fast growth economy

KAIZENKAIZENv/sv/s

INNOVATIONINNOVATION

CONCLUSION

As Seen from the comparison, we cannot decide which method is better or which is more advantageous than the other.

All we can conclude from this comparison is that, both the method’s have their own benefit’s, their functionality totally depends on which scenario they are being applied to and what are the desired outcome required.

Thank You !!!