kaizen vs innovation
DESCRIPTION
Kaizen vs InnovationTRANSCRIPT
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 !!!