Benefits of Kaizen –

*Waste Reduction – Whenever you want to improve things, you start with removing the waste thereby optimizing the process. Waste can be the wastage of resources or manpower.

*Productivity – With the reduction of waste, productivity increases positively.

Results orientation – Kaizen is a process which is result oriented. There is clear demarcation of where the company is operating and where it wants to reach.

*Quality – With improvement in mind, managers always strive for the optimum quality. Kaizen helps bolster the quality of products and processes.

*Accuracy – Due to the focus on getting results productively and with high quality, processes are found which are effective and accurate.

*Cost advantage – With everything working on high efficiency and productivity, there is a huge cost advantage to the firm because it gets more output with lesser input.

*Competitive advantage – Firms following Kaizen gain a competitive advantage because they are continuously improving and they might take newer competitors as benchmarks, learn new things and take their competitors down.

*Safety – Kaizen has a 6S which was recently introduced which stands for Safety wherein all organizations have to ensure that the process is safe thereby keeping the manpower away from any kind of harm.

Empowerment – With several levels of hierarchy involved in Kaizen, everyone is given freedom of expression which empowers them and helps them grow in the workplace.

*Happy workplace – All of the above results in a happy workplace where ground level employees also know that they can create a difference in the organization.

*Satisfaction – With a positive morale, there is all around satisfaction and this satisfaction reaches even customers who turn out to be satisfied themselves with the product and the services they receive.

*Continuous improvement – The best advantage of Kaizen is that it is never over and there is continuous improvement providing many numbers of opportunities for the firm to improve.