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Posts tagged as “muda”

Implementing Kaizen

Implementing Kaizen, which translates from Japanese to "change for better" or continuous improvement, is a powerful business philosophy focused on making small, ongoing, positive changes involving everyone from the CEO to the front-line staff.

50 World’s Most Prominent Business Thinkers

The following list presents 50 of the most prominent business thinkers and their key contributions, offering a comprehensive overview of the intellectual history of management and the core ideas that underpin modern business practice.

Lean Management

The core idea is to maximize customer value while minimizing waste. "Lean," in this context, means "no frills" or "streamlined." It is a long-term strategy that seeks to make incremental changes to processes to improve quality, efficiency, and customer satisfaction.