When we think of compounding, we think of finance.Ĭompounding reinforces what’s already happening - good or bad. “Compounding improvement is the most powerful force in the universe.” Two math equations that offer the same idea (the compounding effect of improving or declining every day):ġ% daily improvement over 1 year ⇒ 1.01^365 = 37.8 ⇒ 37x betterġ% daily decline over 1 year ⇒ 0.99^365 = 0.03 ⇒ 97% decline There’s no such thing as staying the same.” Tom’s coach: “You’re either getting faster or you’re getting slower. A 1% daily improvement yields a 37x improvement in a year! Small, daily improvement leads to huge compounding gains. One Small Step Can Change Your Life: The Kaizen Way by Robert MaurerĪ Wrestling Life: The Inspiring Stories of Dan Gable by Dan Gable “Little strokes fell great oaks.” –Benjamin Franklin ![]() That’s the only way it happens - and when it happens, it lasts.” -John Wooden Seek the small improvement one day at a time. Don’t look for the big, quick improvement. Not tomorrow, not the next day, but eventually a big gain is made. When you improve conditioning a little each day, eventually you have a big improvement in conditioning. “When you improve a little each day, eventually big things occur. Start small and then just try to improve everydayĭon't try to start high and improve too much each day. This works because 1% daily improvements compound on each other ⇒ need to explain compounding ⇒ This leads to exponential improvement over time (months and years) This concept can be summarized with the 1% rule.įocus on getting 1% better every day in whatever it is you’re trying to improve. Instead make small improvements every day that will gradually lead to the change you want. Kaizen can apply to any situation (personal, business, or otherwise).ĭon’t try to make radical change within time constraints ![]() In response, American companies started asking Japanese companies to teach them about Kaizen. ![]() automakers during the 1970s and 1980s using this. The Japanese gave it a name: Kaizen - Japanese for continuous improvement and ran with it (while U.S. introduced the concept to Japanese factories to help revitalize their economy factories increase performance leading up to and through WWIIĪfter WWII, the U.S. business management theorists (focus on 100s of small improvements versus 1 grand improvement) Original concept was developed by depression-era U.S. Kaizen = a philosophy of small, continuous improvement. Solution = The Kaizen Effect: Get 1% Better Each Day We tend to see self-improvement as a destination which causes us to lose gains / revert to bad behavior ⇒ Kaizen is a process of continual improvement so you never “arrive” - instead you focus on building self-improving, sustainable habits When our brain encounters scary, the amygdala triggers fight or flight. ![]() “A big, audacious goal looks to the brain just like a saber-toothed tiger stalking us in the woods” We get overwhelmed by the big goal and fail to take action ⇒ By breaking down big goals into small pieces, Kaizen makes it easier to act. We all want to improve ourselves, but our attempts often fail because: Get 1% Better Every Day: The Kaizen Way to Self-Improvement Improve just 1% a day in areas that are important to you.ġ% better per day simply means to get a little better each day.ġ% better each day, compounded over a year (365 days), is 3800% better each year.ġ% worse each day, compounded over a year (365 days), means you lose 97% of your value each year.Ĭheck out The New Evolution Diet by Art De Vany. Masaaki Imai, a Japanese management consultant, shared this in Kaizen: The Key to Japan’s Competitive Success.ĭon't Try to Be the Best. Kaizen is a Japanese word that means “change for the better.” Small, positive changes made over time add up. Uncover problems and find ways to fix them. Continuous Improvement: Definition, Benefits and ToolsĬontinuous improvement involves constantly re-examining and improving processes.Ĭontinuous improvement is a “philosophy”.
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