Wabi-sabi is a Japanese worldview that finds beauty in imperfection and impermanence. It is a simple, non-materialistic way of life that appreciates the imperfect nature of the world. Wabi refers to humility and appreciating life's struggles, while sabi relates to finding beauty in the aging and transient nature of things. Applying wabi-sabi concepts can encourage innovation, continuous improvement, and involvement of all workers in organizations and societies by accepting imperfection.