Benefits of Implementing Continuous Improvement Systems

Management Accounting
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Benefits of implementing continuous improvement
systems
 Continuous improvement process acts as a market place for the business.
The business will be able to find market for its assets say, furniture,
computers, stationery, office supplies and the rest (Anastasia, 2017).
 Improvement in customer service, it’s so important for a company to
know what the customers prefer and provide their product and services in
line with its customers’ preferences (Vyrat, 2017).
 Output and quality of the products and improves through the use of
continuous assessment systems.

Continuous Improvement Models
 Six sigmas which is responsible for reducing the defects, faults and any other changes that may
occur within the conpany.
 Plan- Do-Check –Act-cycle that is used to carry out change. This model includes steps like Plan,
do, Check and Act respectively. Below is the PDCA cycle;

Continuous Improvement Policy
A good and reliable continuous improvement policy requires;
 Purpose of the policy
 Scope of the policy
 Continuous improvement principles
 Continuous improvement model
 Continuous improvement implementation
 Staff participation and communication
 Tools to support the continuous improvement process
 Responsibilities