To continue reading this content, please enable JavaScript in your browser settings and refresh this page. CEOs play a pivotal role in steering their companies toward ...

Kaizen, which translates to "improvement" in Japanese, is one of the basic concepts of lean production. It focuses on eliminating waste and increasing productivity through incremental changes in a ...

Continuous incremental improvements are the cornerstone of the Toyota Production System. The goal is to create the best product possible with the least effort and waste. If you wish to eliminate the ...

“More important than the actual improvements that individuals contribute, the true value of continuous improvement is in creating an atmosphere of continuous learning and an environment that not only ...

IN A GOOD YEAR, THE U.S. manufacturing sector might chalkup a 4% overallincrease in productivity. At the plant level, some top-flight produc-tion operations have achieved gains of 20% or more in a 12- ...