Influence of Continuous Improvement Programs on Company Performance
Paper presented at the International finance and banking conference FI BA 2014, Bucharest, Romania
Posted: 6 Apr 2014
Date Written: March 27, 2014
The main goal of this study is to analyze the influence of continuous improvement programs on internal and external performance measures of the company, as well as on management accounting. We examine the changes in internal measures of productivity and external measures profitability after the adoption of 5S technique and employees’ training using a case study approach. We find that the continuous improvement programs contribute to improving of company performances. Also, there is a significant change in the methodology of management accounting after the implementation of continuous improvement programs.
Keywords: continuous improvements, lean, 5S, productivity, profitability
JEL Classification: M11, M41, M54
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