Iterative improvement typically follows a cyclical process that includes the following steps:
Identify Areas for Improvement: Start by pinpointing specific areas that need enhancement. These could be based on customer feedback, performance metrics, or internal audits. Plan: Develop a plan that outlines the changes to be made. This should include the objectives, resources required, and a timeline. Implement: Execute the plan by making the necessary changes. This step often involves small, incremental modifications rather than large-scale shifts. Review: Assess the impact of the changes. Use KPIs and other metrics to evaluate whether the changes have met the desired objectives. Refine: Based on the review, make further adjustments. This may involve going back to the planning stage and repeating the cycle until optimal results are achieved.