Continuous Improvement vs. Operational Excellence: Streamlining Business Operations

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We are often asked if continuous improvement and operational
excellence are the same. They are not, but they are closely
related. Continuous improvement involves constantly improving
your business processes to reduce waste, cut costs, improve
quality, and maximize human potential. It focuses on making each
existing process perfect. Operational excellence goes
further. It involves setting the organization up for growth by
understanding what the market wants and creating an uninterrupted
value stream that continuously feeds the need.
It is essential to understand the difference between these two
complementary paradigms that guide business operations management
so that you can apply elements of both to streamline operations
and achieve your most critical strategic goals.