Video: Why Breakthrough Innovation is Overrated – From Breakthrough to Continuous Improvement

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If you start with 1, and you improve 1% every day for a full year, you end up with 37.8. That’s an enormous gain and wake-up call to the radical benefits of Kaizen: the non-stop improvement philosophy that flourished in post-WWII Japan. It’s a shame that continuous improvement gets belittled; companies would rather wait for the home-run idea that will deliver a 10X breakthrough that solves everything. The argument goes: why settle for a 1% daily improvement when we could get 1,000% from a big innovation? Learn why this is misleading.