Kaizen is a Japanese philosophy of continuous improvement based on small, incremental changes. It originated from quality circles in post-WWII Japan and was popularized in the West by Masaaki Imai. The key principles of Kaizen include iterative improvement, empowering employees, and getting to the root cause of problems. Kaizen follows a cycle of continuous improvement involving getting employee involvement, finding problems, creating solutions, testing solutions, analyzing results, and adopting successful solutions. It utilizes frameworks like the 5S system and PDCA cycle. Kaizen focuses on eliminating waste through small, gradual changes rather than large transformations.